The U.S. House has passed a historic crypto bill, joint resolution 109, targeting SEC regulations, but Senate roadblocks and a potential presidential veto loom large. Other crypto bills remain stalled, while key figures influence the legislative landscape amid upcoming elections, highlighting a complex battle for crypto regulation. As the political stage preps for the 2024 … Read more
Ionic Digital is set to acquire Celsius’ mining assets and aims for a capacity of 12.7 EH/s. The company plans to go public soon, with Celsius creditors becoming shareholders. Partnering with Hut 8 for management services, Ionic’s strong leadership is prepared for competitive challenges, especially with the upcoming Bitcoin halving. A novel chapter is unfolding … Read more
Jamie Dimon, CEO of JPMorgan Chase, has reiterated his strong anti-Bitcoin stance, calling it a fraud and a Ponzi scheme. Despite this, JPMorgan participates in Blackrock’s Bitcoin ETF, reflecting a complex relationship with cryptocurrency. Dimon acknowledges some value in blockchain technology but warns potential investors against Bitcoin, leaving them to make their own choices in … Read more
Donald Trump made headlines by executing a Bitcoin transaction while buying burgers at PubKey in NYC, marking him as the first president to publicly use Bitcoin. This appearance comes as he aligns himself with the crypto industry amid his 2024 campaign and highlights a growing connection between politics and cryptocurrency. Former President Donald Trump made … Read more
During her speech in Erie, PA, Vice President Kamala Harris introduced her “opportunity agenda” but offered no substantial insights into her cryptocurrency regulatory plans, disappointing those looking for details. Her campaign noted that her agenda targets support among Black men, many of whom engage with digital assets, yet she refrained from mentioning key terms like … Read more
Marathon’s Anduro introduces a novel tokenization platform for whiskey barrels, aiming to tokenize real-world assets on Bitcoin alongside Vertalo. This initiative represents a strategic response to the block reward halving, as mining firms adapt to seek additional revenue streams. Anduro’s approach seeks to uniquely cater to Bitcoin enthusiasts while reimagining traditional markets, positioning itself at … Read more
In its IPO filing, Reddit revealed investments in Bitcoin and Ether, alongside Polygon for virtual goods. The platform aims to go public on the New York Stock Exchange under ticker “RDDT” in March 2024. Co-founder Steve Huffman emphasized this move as a means to enhance community ownership, paralleling its substantial revenue growth. In a significant … Read more
WazirX experienced a significant security breach leading to the theft of $230 million. The exchange temporarily paused withdrawals while investigating the incident. Industry leaders voiced reassurances about the safety of funds on other platforms, emphasizing the importance of security in the cryptocurrency landscape. WazirX, India’s largest cryptocurrency exchange, recently fell victim to a significant security … Read more
MetaMask, in alliance with Mastercard and Baanx, is rolling out a blockchain-based debit card allowing users to make purchases directly with cryptocurrencies from their self-custodial wallets. Initially available to selected users in the EU and UK, this innovation highlights the growing synergy between traditional finance and blockchain technology. In a groundbreaking move, MetaMask is launching … Read more
Bitcoin’s price surge over $43,000 revitalizes the crypto market, sparking interest in Bitcoin ETFs in Hong Kong. Despite China’s crypto trading ban, many investors are turning to Hong Kong exchanges, signaling a shift in investment strategies amidst economic uncertainty. The cryptocurrency market is witnessing a significant resurgence, with Bitcoin surpassing the $43,000 mark, significantly boosting … Read more