During a recent Crypto4Harris event, Senate Majority Leader Chuck Schumer emphasized the importance of regulatory clarity in the crypto industry. He made it clear that Congress has a responsibility to enact sensible regulations that will bring both sides of the aisle together. Schumer compared crypto regulation to artificial intelligence regulation, highlighting the need for proper
Following a recent $235 million hack, Indian crypto exchange WazirX has decided to terminate its asset custody arrangement with Liminal. In an official statement on August 14, WazirX announced the transition of assets from Liminal to new multi-signature (multi-sig) wallets. This strategic move is aimed at fortifying the security of their remaining assets in the
In the fast-paced world of Web3 gaming, developers are constantly faced with the challenge of combating automated bot accounts that disrupt the gaming experience for genuine players. Confiction Labs, the developer behind the popular shooter game Riftstorm, has recently introduced Proof of Exposure, a cutting-edge system designed to address this issue by integrating NFT allowlist
Binance, a prominent cryptocurrency exchange, recently found itself in hot water with Brazilian regulators. The Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, conducted a thorough investigation into Binance’s activities in the country. The probe, initiated in July 2020, uncovered allegations of unlicensed derivatives trading by Binance. As a result, the regulator ordered the exchange
Metaplanet has recently made a significant investment in bitcoin, acquiring approximately $3.3 million worth of the cryptocurrency. This move is part of the Japanese investment firm’s broader strategy to expand its bitcoin holdings. With this latest purchase, Metaplanet now holds a total of 303.095 BTC, acquired for $20 million. Earlier this month, Metaplanet Inc. secured
In a groundbreaking move, the Singapore-based cryptocurrency exchange, Crypto.com, has sealed a historic partnership with the Union of European Football Associations (UEFA) Champions League. This partnership marks a significant milestone in the realm of sports sponsorship, as Crypto.com becomes the official global sponsor of the UEFA Champions League, setting a new precedent as the exclusive
Core Scientific, a Texas-based Bitcoin mining company, has recently announced the pricing of its increased offering of $400 million in convertible senior notes due in 2029. The initial size of the offering was $350 million but has been upsized due to favorable market conditions. Settling on August 19, 2024, the notes will be issued privately
Australia’s Securities and Investments Commission (ASIC) has taken legal action against the Australia Securities Exchange (ASX) Ltd., alleging that the exchange made misleading statements about its blockchain trade settlement project. The ASIC claims that ASX falsely represented the progress of the project in February 2022, stating that it was “on track” for an April 2023
The current state of Bitcoin’s price has left many wondering if it will ever reach the $20,000 mark again. While some believe this milestone is a thing of the past, one analyst argues that the possibility of Bitcoin crashing back to $20,000 is not a matter of if, but when. This analysis dives deep into
In the midst of the current downturn in the market, investor sentiment in the digital asset market is uncertain. However, according to Glassnode, there are clear signs of a resurgence in HODLing and accumulation. The analysis of the on-chain investor response to the volatile market conditions indicates a growing inclination towards HODLing. Following bitcoin’s all-time
