Crypto Firms Boost U.S Political Donations Amid Regulatory Scrutiny.
Federal super PAC Fairshake received $78 million this week from crypto firms.The firms aim to back presidential candidates that have pledged to be pro-crypto leadership.Crypto firms are increasing their donations…
China Promoting Web3, Blockchain, Despite Crypto Ban.
Chinese authorities are spearheading a massive initiative in Web3 technology, promoting blockchain, NFTs, dApps and more. Chinese institutions propose an aggressive Web3 and blockchain plan. Authorities want to lead in…
Paxos Announces USDP Stablecoin Expansion on Solana; Unveils Public Launch Date.
Paxos’s Solana expansion was approved by NYDFS.The New York-based stablecoin issuer – Paxos – announced a strategic expansion of its stablecoin issuance to the Solana blockchain platform, which was previously…
Coinbase’s Base Network Thrives with $734 Million TVL
Base’s TVL was close to $734 million, up 4.63% from the previous week.Major challenges have also been encountered by Base Network throughout this time.Although the rate of growth has slowed…
2 Bitcoin ETF Hazards: SEC Rejection and Competition From Funds.
The cryptocurrency industry faces two risks whether or not the SEC approves a Bitcoin ETF. Markets could crash if the SEC rejects it. But if it approves, crypto exchanges will…
Artificial Intelligence (AI) Agents Set to Rule the Blockchain.
Nansen analyst belives that a world where AI agents become primary users on the blockchain is not so far-off.In the face of declining prices in the crypto market and rising…
Bitcoin Reaching $1 Million “Isn’t Out Of The Question:” FOX Anchor.
Fox Business anchor Charles Payne thinks Bitcoin could reach $1 million some day as long as the government doesn’t wage war on it.Fox Business anchor Charles Payne is a Bitcoin…
Sanctioned Russian Banker Dumps £15m Worth of Shares in UK Crypto Company
Mikhail Klyukin owned a 2% stake in Copper Technologies, linked to former UK chancellor Philip Hammond. Mikhail Klyukin, a Russian banker sanctioned by the White House in March 2022, sold…
Asset Management Firm Ikigai Liquidates $65M Claim in FTX.
According to sources, creditors might get as much as 73% of the original investment. Kling did not specify how much the business had sold the claim for. The asset management…
Shiba Inu’s Head Developer plans to Burn 99.9% Token in Supply
It would take a well-planned and massive withdrawal of tokens from circulation.In theory, SHIB tokens might become more valuable due to their increased scarcity. Shytoshi Kusama, the chief developer of…