Florida Gov. Ron DeSantis cancelled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. The cancellation was due to the approach of Hurricane Idalia, which hit Florida’s coastline on Aug. 30.DeSantis has taken certain positions relevant to digital asset users. In July, he […]
US Bitcoin Corp (USBTC) has announced that it will host 8,500 Bitcoin miners with an estimated hashrate of 820 petahash belonging to bankrupt crypto lender Celsius at its Alpha Site. This is part of an arrangement that could see it manage up to 310,000 Bitcoin miners from Celsius and other clients. In May, USBTC, as […]
Trust Machines, a company building the largest ecosystem of Bitcoin applications, has announced the launch of its flagship wallet brand, Leather. Leather is a Bitcoin wallet with the mission of driving the global transition to a digital economy built on Bitcoin. Leather is a self-custodied, open-source and audited wallet, giving users the ability to securely […]
Binance, the world’s largest centralized exchange by trading volume, is considering the possibility of exiting the Russian market due to the ongoing heightened political sanctions against Russia from countries like the US. This could have a major impact on the entire crypto market, including Bitcoin Spark, a new DeFi project that intends to leverage blockchain […]
Regulators are still trying to figure out how to regulate the crypto industry, but recent judicial rulings have been promising. Bill Morgan, an attorney representing Ripple in its legal battle with the SEC, has commented on the changing interpretation of digital assets and the divergence from the SEC’s traditionally stringent perspective.Judge Katherine Polk Failla recently […]
Bitcoin’s rally to nearly $28,000 this week was short-lived. On Thursday, the top crypto asset fell back to $26,300, which was roughly its level before the pump. This price dump has triggered $103.58 million in liquidations over the past 24 hours, including $3.12 million liquidation on Bybit. In total, over 34,700 traders were liquidated by […]
Robinhood, the commission-free trading app with 23 million users, has recently introduced in-app swaps for Ethereum and Polygon, as well as allowing users to hold, send, and accept Bitcoin and Dogecoin. The platform is aiming to bridge the gap between traditional financial services and decentralized finance (DeFi) by offering users access to decentralized apps and […]
The Society for Worldwide Interbank Financial Telecommunications (SWIFT) has announced a successful integration with Chainlink (LINK). The international entity has been experimenting with both private and public blockchain networks, and has now revealed the progress of its efforts.SWIFT claims that its infrastructure can “seamlessly” integrate with blockchain technology to enable users to transfer “tokenized value” […]
Veloce Media Group, a multi-pillared gaming and sports media group based in London, is launching its governance and utility token, VEXT, exclusively on ByBit, one of the global top leading exchanges. VEXT will empower holders to become part of the Veloce ecosystem and have further influence, integration and rewards over decentralized assets within the Veloce […]
The Pi Network, a mobile-based crypto mining platform, has invited developers to join its ecosystem and build new applications. The team stated that developers would have access to the network’s extensive user base of 47 million and would be able to onboard easily without needing blockchain and crypto-specific programming language or experience. The project also […]
