Senator Cynthia Lummis (R-WY) has announced plans to introduce legislation directing the U.S. government to accumulate 1 million Bitcoin, which would be worth over $68 billion at current prices. Speaking at the Bitcoin 2024 conference in Nashville, Lummis said the…
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BNB Chain Announces Governance Upgrade To Enhance Efficiency, Transparency, And Community Engagement
Dubai, UAE, July 30th, 2024, Chainwire BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, has announced significant upgrades to its governance process following the BC Fusion. These enhancements aim to boost the network’s efficiency,…
SEC Sharpens Case Against Crypto Tokens, Including Solana and Binance in the U.S.
The SEC plans to amend its lawsuit to better address the classification and regulation of third-party crypto-asset securities, potentially impacting the handling of 12 major tokens including BNB, Solana, and others. Following a favorable ruling for Binance US on certain…
An Avalanche Reawakening
This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, writer Dexter of Blocmates explains Avalanche’s exciting forthcoming update,…
Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000…
$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. Compound DAO Hijacked According to researcher DeFi Ignas, the attack…
Solana Price (SOL) Faces Challenges at $200: Bulls Remain Active
Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is…
Donald Trump Pledges Strategic Bitcoin Reserve at Bitcoin Conference in Nashville
Speaking at the Bitcoin 2024 conference in Nashville on Saturday, former President Donald Trump made several pledges to the Bitcoin community if elected in 2024. Most notably, Trump said he would create a strategic national reserve of Bitcoin as an…
Merchant Loyalty Competitive Advantage – Reimagined Through Bitcoin
The Loyalty Business on the Fiat Standard I worked at Mastercard for the last ten years, in the San Francisco office, building card-linked offer solutions to drive merchant loyalty. It’s a fascinating business, where cardholders receive merchant offers delivered via…
21Shares and Chainlink Promise Full Transparency on Ethereum: The Beginning of a New Era in Crypto?
Chainlink chosen for its reliable decentralized platform capabilities; provides investors with real-time data on Ethereum reserves via Coinbase. Integration aims to foster greater transparency and trust in digital assets, promoting wider adoption and financial institutional engagement. 21Shares U.S. LLC, an…