Today, Oct. 8, Crypto.com reported it has filed a lawsuit against the US Securities and Exchange Commission to challenge what it describes as the agency’s overreach in regulating the crypto industry. The company aims to protect the future of crypto in the United States by contesting the SEC’s authority and…
BitcoinOS (BOS) is set to integrate its Grail bridge with B² Network’s mainnet this year, enabling trustless bridging of BTC and Bitcoin assets using zero-knowledge proofs. This collaboration aims to secure over $110 million worth of assets on B² Network, a modular Bitcoin Layer 2 solution. BOS’s integration will leverage…
Stablecoin issuer Tether has revealed a 10-year roadmap aimed at launching new tokens to promote financial inclusion and innovation in areas such as AI, energy sustainability, and blockchain education. This strategic outline, presented during the company’s 10th-anniversary event, reinforces Tether’s dominance in the stablecoin sector. Driving financial inclusion Tether plans…
Recent analyses indicate a significant positive correlation between rising inflation rates and increased crypto adoption worldwide. Countries experiencing high inflation are witnessing a surge in crypto usage as individuals seek alternatives to devaluing national currencies. Data compiled from Trading Economics show that nations like Argentina, Turkey, and Venezuela, which face…
Ethereum retains 45% of the market share amid competition from Solana and Aptos, according to a recent report by ETC Group. Solana, leading in bridged net flows with $1 billion in net inflows during the third quarter of 2024, faces challenges due to Aptos’s momentum. ETC Group reports Aptos has…
Crypto bettors on blockchain-based prediction platform Polymarket are actively trading on the outcome of HBO’s upcoming documentary that claims to reveal the identity of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. According to the platform’s data, the market “Who will HBO doc identify as Satoshi?” has quickly become one of Polymarket’s top 10…
On Oct. 4, Bitcoin ETFs recorded modest net inflows of $25.6 million. Fidelity’s FBTC ETF saw an inflow of $13.6 million, while Bitwise’s BITB ETF added $15.3 million. Ark’s ARKB ETF brought in $5.3 million, as did VanEck’s HODL ETF. However, these gains were partially offset by Grayscale’s GBTC, which…
Bittrex to remove the U.S. markets for top privacy coins including Monero, Zcash and Dash Exchanges 4 years ago Bittrex announced on Dec. 29 that its exchange will be removing the U.S. markets for the three of the biggest privacy coins by market cap on January 15, 2021. In the post,…
Bitcoin’s (BTC) nearly 10% drawdown last week was a “healthy realignment” that reduced the risks of abrupt price swings in the coming days, according to the latest “Bitfinex Alpha” report. The pullback, ignited by escalating tensions in the Middle East, briefly took BTC below the $60,000 level before the market…
Defunct crypto exchange FTX received court approval for its bankruptcy plan and its estate is now clear to repay customers in cash, with interest, using up to $16.5 billion in recovered assets, Reuters reported Oct. 7. The plan US Bankruptcy Judge John Dorsey approved the plan, which includes creditors from…