Digital Chamber urges US crypto users to support new NFT bill
Crypto advocates urged Americans to help the industry flourish without “misapplied” securities regulations. Go to Source
Blockchain
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Capstone Technology Gets $5.4M for GAYA Blockchain Project
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological assets, develop Web3 applications, expand regionally and improve its platform. … Read more
Circle’s USDC stablecoin to launch on Sui network
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol. Go to Source
Blockchain could help UK’s $14.5T payments sector, says trade group
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system. Go to Source
Linux debuts decentralized trust with Hedera and 100+ members
The Linux Foundation Decentralized Trust will incorporate all of Linux’s decentralized projects in one place, including all of Hyperledger. Go to Source
Vitalik Buterin: Solo staking key to Ethereum’s security
At Ethereum Singapore 2024, Vitalik Buterin explored how solo stakers strengthen Ethereum’s security and decentralization by reducing reliance on centralized entities. Go to Source
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the … Read more
$135.4M in Dormant Bitcoin Revived by Mid-Sept., 2016 Wallets Dominate Activity
According to the latest figures, 32 dormant bitcoin transactions have surfaced during the first two weeks of September 2024, with a hefty 2,253.54 BTC spent so far. When it comes to the biggest spenders, btcparser.com shows wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC through nine separate transactions. 32 … Read more
Swift Unveils Plan to Integrate Digital Assets and Currencies Into Global Payment Network
Swift has unveiled a plan to enable the movement of digital assets and currencies on its global payment network. The initiative aims to integrate regulated digital currencies into Swift’s platform, building on past experiments. “We’re paving the way towards real-world solutions that will enable our members to access and transact with regulated digital assets and … Read more
Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency … Read more