Environmental Dilemmas of Bitcoin Mining Bans
Governments in environmentally progressive countries contemplating bans on Bitcoin mining might inadvertently be causing more harm than good to the global economy, according to researchers from Exponential Science. Their recent…
Binance Collaborates with Amazon Web Services to Optimize Platform Efficiency
On October 31, Binance unveiled a significant collaboration with Amazon Web Services (AWS) aimed at enhancing the operational efficiency of its platform. This partnership is focused on integrating AWS’s generative…
Italian Finance Minister Supports Increased Crypto Capital Gains Tax
Giancarlo Giorgetti, Italy’s Minister of Economy and Finance, recently addressed the controversy surrounding the proposed increase in the capital gains tax on cryptocurrencies, including Bitcoin, to 42%. Speaking at a…
Global Crypto Regulations Seen Positively by Binance Founder CZ
Changpeng “CZ” Zhao, co-founder and former CEO of Binance, shared his positive outlook on the evolving landscape of global cryptocurrency regulations during his first public appearance since being released from…
Asia Surpasses US in Cryptocurrency Development Talent
Recent data highlights a significant shift in the global cryptocurrency and blockchain landscape, with Asia emerging as the new leader in development talent, surpassing North America. This trend reflects broader…
Victoria Police Harness New Legal Powers for a Significant Cryptocurrency Seizure
In a landmark operation, the Victoria Police department has effectively utilized newly granted legal authorities to confiscate cryptocurrencies worth approximately $142,679. This development follows recent legislative amendments in Victoria, Australia,…
Final Pre-Election Media Buys by Crypto PAC Focus on Wisconsin Race
As the U.S. election looms, the cryptocurrency-backed political action committee (PAC), Fairshake, has made significant financial maneuvers to influence the political landscape, particularly supporting a Republican candidate in Wisconsin. This…
Gemini Gains Preliminary Approval for Crypto Services in Singapore
Gemini, a prominent cryptocurrency exchange, has taken a significant step forward in expanding its global footprint by securing preliminary approval from the Monetary Authority of Singapore (MAS) to operate within…
Coinbase CEO Calls for Apology from Next SEC Chair Over Crypto Industry Impact
Brian Armstrong, CEO of Coinbase, has taken a critical stance against the U.S. Securities and Exchange Commission (SEC), suggesting that the next chair should issue an apology for the perceived…
Bitcoin’s Surge to $80K Driven by Positive Derivatives Market Trends
As 2024 winds down, the financial landscape for Bitcoin looks promising, with potential price escalations to over $80,000, spurred by bullish signals from the derivatives markets. Analysts from the crypto…
Canadian Reluctance Toward Digital Dollar Adoption Noted by Bank of Canada
The Bank of Canada has been closely monitoring Canadian attitudes towards the potential introduction of a central bank digital currency (CBDC). Recent findings suggest that while there is curiosity about…
Indonesia Sees Over 60% of Crypto Investors Aged Under 30
Recent data from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) highlights a significant trend: a majority of cryptocurrency users in the country are 30 years old and younger. This demographic…
Vitalik Buterin Leads KOL Mindshare Amidst Intense Criticism of Ethereum
In recent developments within the crypto community, Ethereum co-founder Vitalik Buterin has emerged as the most influential Key Opinion Leader (KOL), commanding the highest mindshare in discussions surrounding blockchain technology…
FTX Reaches $228 Million Settlement with Bybit Exchange
The bankruptcy estate of FTX, a prominent but now-defunct cryptocurrency exchange, has agreed to a substantial $228 million settlement with Bybit exchange, marking a significant development in the ongoing legal…
Bolivia Advances in Crypto Integration with Launch of USDT Custody by Banco Bisa
Bolivia‘s evolving stance on cryptocurrency is marked by a significant development as Banco Bisa, one of the country’s major banks, initiates a custody service for Tether’s USDt stablecoin. This move…
Trump Presidency Seen as Detrimental to Memecoin Market Amid Calls for Regulatory Clarity
As the U.S. presidential election nears, the crypto community is keenly observing potential impacts on the cryptocurrency markets, especially memecoins. Omid Malekan, a finance professor at Columbia Business School, recently…
TON Society Co-Founder Discusses Crypto’s Path to Mass Adoption Through Decentralization
Jack Booth, co-founder of TON Society, is championing a decentralized future for cryptocurrencies, specifically through The Open Network (TON). In a detailed discussion with Cointelegraph, Booth shared his insights on…
Diminishing Returns Expected in Future Altcoin Seasons, Analyst Predicts
The landscape of cryptocurrency investments continues to evolve, with altcoin seasons—a period when altcoins outperform Bitcoin—still capturing the attention of investors. However, the intensity of these seasons is expected to…
Bitwise Executive Forecasts Bitcoin Surge to $92K with Trump Presidential Win
The intersection of cryptocurrency and politics reaches a notable peak as industry experts weigh in on the potential financial implications of the upcoming U.S. presidential election. Jeff Park, the head…
Radiant Capital Exploiter Transfers $52 Million to Ethereum in Aftermath of DeFi Hack
Recently, the decentralized finance (DeFi) platform Radiant Capital suffered a significant breach, resulting in the theft of over $50 million. This event has added to the growing concerns about security…