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March 2, 2024
In February, a diverse group of crypto startups announced recent funding raises, signaling that investors’ interest in crypto may be on the rise again. For the first time since March 2022, venture capital investments in crypto startups witnessed an increase, reaching $1.9 billion in the fourth quarter of 2023. The figure represents a 2.5% rise...
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Bitcoin’s price reaches two-year high, Sam Bankman-Fried seeks near seven-year sentence, and U.S. government moves millions in BTC after price crosses $60K. Bitcoin breached $60,000 for the first time in over two years after rising over 6% on Feb. 28. The last time cryptocurrency traded above this mark was on Nov. 12, 2021, when Bitcoin...
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The Securities and Exchange Commission has requested an extension to the deadline to file remedies-related discovery documents submitted by Ripple. Judge Analisa Torres has approved a request from the Securities and Exchange Commission (SEC) to extend the deadline for filing a submission that could lead Ripple Labs’ case to an end. Court documents filed on...
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Ethereum co-founder Joe Lubin told ETHDenver attendees that crypto is part of the next super cycle and “we are ready for a new system of the world.” Crypto appears to be in a bull market, perhaps not by a technical definition, but most of the attendees at ETHDenver would agree that it sure feels like...
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Dogecoin whales have been actively increasing their DOGE holdings ahead of the anticipated April Bitcoin halving event. Dogecoin’s (DOGE) price has experienced a significant surge of approximately 70% this week, fueled by a bullish trend across the cryptocurrency market. This momentum hints at further potential for gains in March, owing to a mix of technical...
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FTX explained that when the FTX Debtors sell locked digital assets, the terms and conditions governing the schedule for unlocking the holdings would still stand. As the bankrupt FTX Derivatives Exchange prepares to settle obligations to creditors affected by its 2022 collapse, it has cautioned the public about its sole authorized investment manager. FTX said...
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No-code blockchain development represents a transformative approach that fosters creativity, accessibility and inclusivity in the blockchain ecosystem. Developing software applications without a deep understanding of coding or conventional programming languages is known as “no-code development.” It enables quick and effective design and deployment of functional applications by individuals with different degrees of technical competence. Users...
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Bayo Onanuga, Nigerian president’s advisor, clarified he didn’t confirm Binance’s awareness or the $10 billion fine; he only indicated a potential amount, emphasizing the lack of final decisions. The government of Nigeria has refuted the speculations about a possible $10 billion fine for Binance, a cryptocurrency exchange. Despite the report of the BBC, backed by...
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The Commodity Futures Trading Regulatory Agency of Indonesia has urged a reevaluation of the country’s 0.1% capital gains tax and 0.11% VAT on crypto transactions. Indonesia’s Commodity Futures Trading Regulatory Agency has reportedly asked the nation’s Ministry of Finance to assess its stance on cryptocurrency taxation. According to a recent local report, the executive staff...
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The Texas Blockchain Council and Bitcoin mining firm Riot Platforms claimed that the survey had political motives and posed a threat to innovation and economic growth in the United States. United States energy officials have reached an agreement with the Texas Blockchain Council (TBC) and Bitcoin mining firm Riot Platforms to cease its proposed emergency...
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