A new bill introduced in the Senate, spearheaded by Senator Catherine Cortez Masto and Senator Chuck Grassley, is set to enhance the investigative authority of the US Secret Service in addressing crimes involving cryptocurrency. The bipartisan effort aims to combat transnational cybercriminal activities, specifically focusing on unlicensed money-transmitting businesses, structured transactions, and fraud against financial
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US developer Laguna Games and Crypto Unicorns DAO have made a joint decision to shut down the Unicorn Party gaming series. This series, which included popular titles like Bumpercorns, Mob Run, and Unicorn Trivia, was aimed at appealing to a wider audience through simplified gameplay and reward structures. However, due to the rapidly evolving nature
A Bitcoin whale, identified as ’12QVs…oN2qo’, recently made waves in the cryptocurrency market by accumulating almost $400 million worth of Bitcoin in just two days. This significant purchase suggests that the whale saw an opportunity to profit from Bitcoin’s recent price action. Strategic Withdrawal According to on-chain analytics platform Lookonchain, the whale withdrew 5,800 BTC
The Abu Dhabi Blockchain Center has been officially unveiled as a testament to the region’s dedication to fostering innovation and growth within the Web3 ecosystem. The Center aims to position Abu Dhabi as a global leader in blockchain technology and innovation by providing a supportive environment for startups, enterprises, and academic institutions. The Incubation and
In a recent analysis by a renowned crypto analyst, Bitcoin is believed to be at a crucial juncture as it faces a critical support level at $63,000. Failure to maintain this level could result in a significant price crash to as low as $42,000. The analyst, known as DonAlt, highlighted the importance of Bitcoin staying
Senator Cynthia Lummis recently introduced the groundbreaking Bitcoin Act as a strategic move to bolster the U.S. economy. This move has been likened to the historic Louisiana Purchase, signifying the magnitude of its impact on the nation’s financial landscape. The proposed legislation aims to acquire 1 million BTC over five years, amounting to approximately $64
Telegram, a popular social messaging platform, has recently introduced a new in-app browser with built-in Web3 integration for its nearly billion users worldwide. This innovative feature aims to enhance the user experience by combining communication and news seamlessly. With the new browser, users can now easily switch between websites and messaging services, making it convenient
In the latest financial report, Riot Platforms revealed a significant increase in net losses, jumping from $27.4 million in the previous year to $84.4 million in the second quarter of this year. The decline in revenue was also evident, dropping from $76.7 million to $70 million in the same quarter. The decrease in revenue was
Moonfrost is more than just a game; it is an ever-expanding world where players can immerse themselves in farming, socializing, and exploring. The game draws inspiration from popular classics like Stardew Valley, Animal Crossing, and Zelda, creating a unique and captivating experience for players of all ages. The community-focused gameplay allows players to interact with
In July, the total stablecoin market capitalization showed a 2.11% increase, reaching a total of $164 billion. This growth signifies a ten-month consecutive rise for major stablecoins, with their market dominance expanding to 6.93%. Tether, the largest stablecoin in terms of market cap, experienced a 1.61% increase, reaching $116 billion and setting a new all-time
