In likely his last committee hearing before leaving office in January, the Ohio senator suggested a looser approach to digital assets could only benefit the “corporate elite.” Democratic Senator Sherrod Brown gave a final message to United States lawmakers in the Senate Banking Committee before he leaves office in January. In a Dec. 11 notice,...Continue Reading
Japan’s first crypto credit card will appear in 2025 from a Japanese issuer and the company that owns Chiitan Star, the first Mascot Meme coin. Japan will have a cryptocurrency-backed credit card, after Slash Vision Labs finalized a deal with a Japanese credit card issuer. Slash is also active in putting Japanese intellectual property onto...Continue Reading
A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions. Debtors representing cryptocurrency exchange FTX in the firm’s bankruptcy case have reported recovering millions of dollars worth of donations sent to political organizations. In a Dec. 10 filing in the United States Bankruptcy Court for...Continue Reading
Digital assets continue to be a tool to address shortfalls in the energy supply chain despite criticism from environmental activists. Natural gas is currently in high demand from Bitcoin mining companies and AI data center operators. According to Mohamed El-Masri, a managing partner at Hodler Investments and CEO of tokenized energy trading platform PermianChain, recapturing...Continue Reading
The French gaming company developed the title in partnership with the Arbitrum Foundation. The Arbitrum Foundation and French gaming giant Ubisoft have announced Dec. 18 as the official launch date for “Captain Laserhawk: The G.A.M.E.” a web3-enabled top-down shooter. The game is set in the Ubisoft gaming universe and features a cast of characters from...Continue Reading
Bitcoin’s rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins. Bitcoin (BTC) found support near $94,000 on Dec. 10, and the bulls made a solid recovery on Dec. 11. The price soared back above the psychologically crucial level of $100,000 after November’s inflation report met economists’ projections. According to the FedWatch...Continue Reading
Traders’ anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders’ optimism in Solana. Solana’s native token, SOL (SOL), has surged 13% from the local bottom of $203.30 on Dec. 10, reclaiming the $230 level. This recent price action has opened the door for further upside, as indicated by...Continue Reading
An overdue reset in the Bitcoin funding rate and the return of a strong spot bid are reasons behind BTC’s rally above $100,000. After a rocky start to the week, Bitcoin made a strong push above $100,000, and a handful of analysts expect BTC to make a run at the $110,000 level. The move back...Continue Reading
The Ethereum blockchain recorded $92 million in weekly NFT sales, driven by interest in collections like CryptoPunks and Pudgy Penguins. In this week’s newsletter, read about how sales volumes of non-fungible tokens (NFTs) kicked off December with a strong performance, find out about an investigation by the Brooklyn District Attorney’s Virtual Currency Unit that led...Continue Reading
The union’s adoption was facilitated by a “get off zero” donation and partnership with Proof of Workforce. The Kenya National Fire Brigades Association (KENFIBA) has purportedly become the first labor union in the country to adopt a Bitcoin (BTC) reserve. Funded through a “get off zero” donation facilitated by Proof of Workforce, a nonprofit organization...Continue Reading
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