The founder of the Cardano blockchain, Charles Hoskinson, has declared his intention to establish a decentralized social media platform in Brazil. X, formerly known as Twitter, and the country’s judicial system are increasingly at odds, prompting this action. The X platform was recently prohibited in Brazil as a result of
The Hong Kong Securities and Futures Commission (SFC) granted a virtual asset trading platform (VATP) license to Hong Kong Digital Asset Xchange Limited (HKDAEx) on August 27, regardless of passing the official deadline for applications on May 31, 2024. The Securities and Futures Commission (SFC) introduced a new licensing framework
Rhodium Encore LLC, a Bitcoin mining firm based in Texas, has received court approval to pursue a financing plan during its Chapter 11 bankruptcy proceedings. The firm faces a debt of $100M. On Friday, the company was granted permission to choose between receiving $30 million in U.S. dollars or 500
Vitalik Buterin, co-founder of Ethereum, has once again captured the crypto community’s attention with a major ETH transaction. According to Lookonchain, Buterin recently transferred 800 ETH, valued at approximately $2.01 million, to a multisig wallet. Shortly thereafter, 190 ETH from this wallet was exchanged for 477,000 USDC, a stablecoin pegged
Bitcoin, the world’s largest cryptocurrency, recently plummeted to a two-week low of $57,701, with its price fluctuating between $57,768 and $59,896. Over the past seven days, Bitcoin has seen a 7% decline, while its 24-hour trading volume has decreased by 9%. This downward trend has sparked concern within the crypto
Pioneering $40,000 Donation Directly to President Trump In a bold move that sets a new precedent in the intersection of politics and cryptocurrency, $4WIN PolitiFi coin has contributed $40,000 to President Donald Trump’s 2024 campaign setting them apart from other smaller tokens. This act not only marks a pioneering venture
As the cryptocurrency market heats up, all eyes are on ETFSwap (ETFS), a new ICO that’s stirring up excitement among analysts and investors alike. With predictions of monumental returns and whispers of millionaire-making potential, ETFSwap (ETFS) is quickly becoming the hottest ticket in this bull run. Why Analysts Are Betting
The most influential blockchain conference in Asia, Blockchain Week 2024, is delighted to announce that Mark Karpelès, the former CEO of Mt. Gox and a pioneer in the blockchain sector since 2009, will be one of the featured speakers at its flagship event, KBW2024: IMPACT. Mark Karpelès became a founding member of
Solana (SOL) finds itself navigating turbulent waters as its value has plummeted by 25% over the past month, recently breaching critical technical support levels. This decline not only reflects SOL’s ongoing struggle to overcome resistance but also signals a potential erosion of positive market sentiment, potentially paving the way for
The three-day losing skid for U.S. spot bitcoin exchange-traded funds continued on Thursday with net outflows of $71.73 million. Data from SosoValue shows that BlackRock’s IBIT, the biggest spot bitcoin ETF by net assets, had net outflows of $13.51 million, marking its first negative flows since May 1, and second
