The SEC reported an unprecedented $8.2 billion in fiscal penalties, mainly due to Terraform Labs’ record $4.47 billion settlement. The United States Securities and Exchange Commission (SEC) broke the record for penalties and fines from its enforcement actions in the fiscal year 2024 amid its substantial settlement with crypto firm Terraform Labs. In a Nov....Continue Reading
Rethinking AI developer motivation, and moving beyond financial rewards. Opinion by: Dr. Richard Blythman, co-Founder at Naptha.AI. Since the breakout moment of generative artificial intelligence in 2022, there has been talk about AI and crypto technologies as the perfect pair, with one solving the critical issues of the other. It has been proposed that AI’s...Continue Reading
Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network. Babylon Labs and Lombard Protocol are preparing to bring liquid Bitcoin (BTC) staking to Sui, the burgeoning layer-1 blockchain network, Sui and Babylon disclosed on Nov. 25. Starting in December, Bitcoin holders on Sui will...Continue Reading
According to Rep. Wiley Nickel, Democratic presidential candidate Kamala Harris could have made a “really big error” not courting voters in favor of crypto earlier. Political analysts are still analyzing the results of the 2024 United States elections on Nov. 5, but many candidates who said they would advocate for policies favoring the cryptocurrency and...Continue Reading
Bitcoin traders face unnerving conditions as BTC price action reaches ever lower levels after failing to crack the $100,000 milestone. Bitcoin (BTC) fell over 3% on Nov. 25 as traders called for calm over new BTC price weakness. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to lows...Continue Reading
Everyone’s talking about based rollups on Ethereum. So what are they and how will they make Ethereum feel like Ethereum again? Ethereums rollup-centric layer-2 roadmap has successfully tamed the congestion and ludicrous gas fees on the base layer but at the cost of creating a fragmented ecosystem. Designed to scale the network, L2s have become...Continue Reading
Suriname’s new presidential candidate Parbhoe wants a deeper Bitcoin nation than Nayib Bukele’s El Salvador. Maya Parbhoe, a presidential candidate for the South American nation of Suriname, has an ambitious vision: To build a Bitcoin nation even more deeply rooted in crypto than Nayib Bukele’s El Salvador. Parbhoe, who is also CEO of Bitcoin and...Continue Reading
MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18 and 24...Continue Reading
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy. Solana native token SOL surged 61.5% between Nov. 5 and Nov. 22, hitting new all-time highs at $263. This rally mirrored broader altcoin gains, which rose by 58% as Bitcoin nearly reached the $100,000 milestone....Continue Reading
Crowdfunding platform Timestamp wants to offer a funding alternative for Bitcoin-based startups. A new crowdfunding platform dedicated to Bitcoin startups has been launched in the United States, aiming at bridging crypto projects to new funding venues. The initiative was disclosed on Nov. 25 by Timestamp and is open to both accredited and non-accredited investors. According...Continue Reading
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