Crypto

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US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

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Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for … Read more

Trump at Bitcoin 2024: Vows to Make US the Bitcoin Superpower, Plans to Fire SEC Chair Gensler

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On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical bitcoin loaded with 1 BTC. “Bitcoiners know inflation better than anyone else,” Trump told … Read more

RFK Jr. Pledges to Ensure US Government Holds 4 Million Bitcoins as Strategic Reserve if Elected President

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U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised significant bitcoin-related changes if elected. On day one of his presidency, he plans to transfer 200,000 bitcoins to the U.S. Treasury and mandate the government to purchase 550 bitcoins daily until a strategic reserve of 4 million bitcoins is reached. He also pledged to … Read more

Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack

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Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted to USDT-equivalent tokens and locked. “The fastest way to open the platform … Read more

Senator Warren Calls for Tougher Regulations to Combat National Security Risks From Foreign Crypto Mines

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Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations, and stressed the importance of stronger laws to regulate crypto mining and prevent foreign exploitation. Senator Warren Raises Concerns Over Foreign-Owned Crypto Mining … Read more

FBI Seizes Cryptocurrency Linked to North Korean Ransomware

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A grand jury in Kansas City indicted North Korean national Rim Jong Hyok for his role in a conspiracy involving ransomware attacks on U.S. hospitals and healthcare providers. The group laundered cryptocurrency proceeds and used the funds for further cyber intrusions into global defense, technology, and government entities. The ransomware attacks disrupted patient care and … Read more

Philippines Plans to Introduce Wholesale CBDC by 2029

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Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrument,” said the BSP deputy governor. “This is an entirely new thing, and we have to make sure that we can offer … Read more

Top 10 Notable Events In Q3 2024 From Popular Projects

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Coin98 Analytics has highlighted the top 10 notable events in Q3 2024 from various popular projects. Here’s a detailed look at these exciting developments: 1. Layer3 Airdrop Eligibility @layer3xyz has introduced an eligibility checker for their upcoming L3 Token Generation Event (TGE). This could be a significant airdrop from one of the largest SocialFi projects. … Read more

HashKey Capital Increases PENDLE Holdings: A Strategic Move Amid Market Dynamics

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HashKey Capital’s address, hki.eth, recently withdrew 583,000 PENDLE tokens from Binance, amounting to a substantial $2.2 million. This acquisition positions PENDLE as the top holding in the hki.eth address and marks it as the fourth-largest holding within HashKey Capital’s on-chain portfolio. 一小时前 HashKey Captial 地址 hki.eth 从 #Binance 提出 58.3 万枚 PENDLE，价值 220 万美金$PENDLE 目前已成为该地址持仓排名第一，HashKey … Read more

AAVE Fee Switch Proposal Sparks Market Activity

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AAVE founder Marc Zeller recently proposed a fee switch aimed at buying back Aave tokens from the secondary market. This move follows a similar strategy seen with $UNI, which saw its price double over 11 days following a revenue share proposal, with an initial 50% surge within the first hour. Aave’s initial reaction has been … Read more

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