USDC and other stablecoins may encounter challenges if a new national defense bill, passed by the US Senate, is enacted into law. The 2024 National Defense Authorization Act might introduce new KYC (Know Your Customer) and anti-money laundering requirements for stablecoin issuers, but it could be tough for them to meet these requirements. New KYC…
New Reorganization Plan Allows Debtors to Combine Assets for Offshore Exchange Creation. FTX, the bankrupt crypto exchange, has submitted a plan that may lead to the revival of FTX.com. The new exchange would serve offshore customers exclusively. However, FTT token holders won’t receive any compensation under this proposal. The plan also organizes creditors into different…
Elon Musk is leading a transformation of Twitter, aiming to turn it into an all-encompassing platform called “X.” His vision includes incorporating potential crypto functionalities, with a special focus on his favorite cryptocurrency, dogecoin (DOGE). Musk’s recent endeavors suggest that he intends to introduce both traditional and crypto payments within “X,” despite the challenges of…
The Shiba Inu [SHIB] ecosystem has been busy burning SHIB tokens as they get ready for the highly anticipated launch of Shibarium. In July, the community burned a significant number of SHIB tokens, totaling 2,094,566,264. They sent these tokens to inactive wallets through a series of 412 transactions during the month, according to Shibburn’s report….
Twitter, now known as X, is undergoing a significant rebranding initiative led by Elon Musk. This transformation has raised concerns about a potential loss of the platform’s brand value. Nevertheless, X is anticipated to become a massive platform for creators in the upcoming months. X to Offer Creators a Lucrative Earning Opportunity The New X-Twitter…
Bitcoin’s popularity is surging in the US amid inflation concerns and the ETF excitement, influencing the presidential race. The environmental impact of Bitcoin as legal tender and its ties to renewable energy are under discussion. The SEC has classified Bitcoin as a commodity, and approval for ETFs catering to institutional investors is eagerly anticipated. Surging…
On Monday, VeChain (VET) was trading at $0.018, offering minimal profits to investors over the past three months. Its price remained stagnant, failing to surpass the $0.020 mark. The last time VeChain went above $0.021 was in May 2023, and since then, the token has experienced a downward trend. VET/USD Chart by TradingView Investors are…
Recently, there has been a noticeable trend of long-dormant Ethereum ICO participants making transactions during this summer. An address that took part in Ethereum’s initial coin offering (ICO) after eight years became active again, transferring out 641 ether, valued at nearly $1.2 million. Lookonchain, an on-chain analytics Twitter account, observed that the address moved the…
Coinbase CEO Brian Armstrong disclosed that the SEC requested the platform to halt trading of all cryptocurrencies except Bitcoin. SEC Requests Coinbase to Halt Trading of Non-Bitcoin Assets In an interview with the Financial Times, Coinbase CEO Brian Armstrong revealed the SEC’s request to stop trading all cryptocurrencies except Bitcoin. The SEC’s position is based…
A new memecoin craze is taking over the cryptocurrency market, and it’s called BALD. Limited information is available about BALD at the moment. The memecoin BALD, built on Coinbase’s layer 2 solution Base Blockchain, experienced an astonishing surge of almost 4,000,000% following its launch last night. As of now, the BALD token boasts a market…
Today, we’ll delve into the anticipated significant developments for cryptocurrencies. Despite critical events in the macro landscape, last week’s shallow volatility remained unaffected. However, it’s noteworthy that Bitcoin’s price has been confined within a narrow range for an extended period. History has shown that substantial movements often follow these seemingly uneventful periods. Cryptocurrency Developments Bitcoin’s…
XRP, the cryptocurrency linked to Ripple, is at a crucial juncture as it enters Q4 following a recent legal win against the SEC. However, the coin’s market sentiment remains uncertain, and its trading volume has significantly declined. In a groundbreaking ruling, Judge Analisa Torres declared that XRP is not a security, providing Ripple with a…
The Japan Blockchain Association has urged the government to revise the tax regime for crypto assets. The requested changes include removing taxes on unrealized crypto gains and other reforms. The advocacy group believes that the current high tax rates are impeding the country’s web3 adoption. The Japan Blockchain Association (JBA) has formally approached the Japanese…
France’s data privacy regulatory agency is currently investigating the Worldcoin (WLD) project, known for its controversial use of iris-scanning biometrics. As of July 28, the Commission Nationale de I’informatique et des Libertés (CNIL), an agency in France safeguarding data privacy, has initiated an investigation into Worldcoin. The French regulator expressed apprehensions about Worldcoin’s data collection…
Yesterday, two U.S. Representatives wrote a letter to Apple CEO Tim Cook, inquiring about the company’s App Store guidelines. They expressed concerns that these guidelines might hinder the progress of emerging technologies like distributed ledger technology and nonfungible tokens (NFTs). Yesterday, Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) wrote a letter to Apple CEO…
Supreme Court asks union government for report on establishing federal agency to investigate crypto crimes. Indian Supreme Court rebukes Union government for lacking cryptocurrency regulations, as reported by local media. The court expressed concern over the absence of clear guidelines for cryptocurrencies and cited the increasing criminal activities involving them. It directed the Union government…
Terra Luna Classic’s core developer Joint L1 Task Force (L1TF) recently announced a collaboration with Hexxagon, a validator and a team of developers. Terra Luna Classic’s core developer, Joint L1 Task Force (L1TF), announced a partnership on Friday with Hexxagon, a validator and developer team. The collaboration has sparked mixed reactions within the community because…
Polygon (MATIC) experienced a significant turning point in Q2 2023, with the Polygon 2.0 upgrade, new tokenomics, and a POS upgrade. Despite a recent decline in price, long-term bullish sentiment remains, pointing to positive prospects for Polygon (MATIC). The coin saw a 3.3% drop in the last 24 hours and a 7.5% decline in the…
Binance seeks dismissal of CFTC lawsuit over alleged illegal commodities trading for U.S. residents. Binance, the global crypto exchange, argues that the U.S. Commodity Futures Trading Commission (CFTC) is exceeding its jurisdiction in attempting to sue them. The exchange, along with its CEO Changpeng “CZ” Zhao, who is not a U.S. resident, filed a motion…
Shiba Inu (SHIB) experiences a surprising and remarkable 197% surge in whale transactions within 24 hours, as reported by IntoTheBlock. Whale transactions are defined as those surpassing the $100,000 threshold, primarily executed by traders with substantial holdings, particularly in the case of Shiba Inu. The data indicates a substantial increase in large-scale SHIB transactions, catching…
Amazon, the world’s largest provider of cloud services, is expanding its Web3 infrastructure with the introduction of AMB Access and Query services. These services are part of Amazon Managed Blockchain (AMB), a fully managed solution that allows developers to build applications faster using blockchain technology. The announcement was made during the AWS Web3/Blockchain Summit in…
Hong Kong’s Monetary Authority (HKMA) and Saudi Arabia’s Central Bank (SAMA) have signed a Memorandum of Understanding (MoU) to enhance financial collaboration. Hong Kong’s Monetary Authority (HKMA) has partnered with Saudi Arabia’s Central Bank (SAMA) through a Memorandum of Understanding (MoU) to enhance financial cooperation. This comes after a previous collaboration between HKMA and the…
BlackRock, the world’s largest asset manager, is looking to enter the growing Indian market through a new partnership. The company aims to provide digital asset services in India, targeting the increasing demand for such services in the country. On July 26, Jio Financial Services (JFS) from India and BlackRock, a major American asset management…
Canadian regulators are considering changes to how institutions handle risks associated with cryptocurrencies. The Office of the Superintendent of Financial Institutions (OSFI) proposed new rules to streamline the capital and liquidity approach for crypto assets. They outlined four categories of digital assets and their respective capital treatment. The proposed guidelines are aimed at aligning with…
The Democratic presidential candidate reaffirms his support for Bitcoin, stating, “I’m going to put my money where my mouth is.” Robert F. Kennedy Jr., the Democratic presidential candidate, recently disclosed purchasing a substantial amount of Bitcoin earlier this year, acquiring two BTC for each of his seven children. During a Twitter Space event on July…
A&G, a Spain-based private banking entity with €12.4 billion ($14 billion) in assets under management, has launched the first crypto fund under Spanish law. The hedge fund will be accessible exclusively to professional investors and will be audited by PwC. CACEIS, a banking group of Crédit Agricole and Santander, will serve as the fund’s depositary….
In a groundbreaking move, the innovation center of the Bank of Italy has taken a significant step towards embracing the decentralized finance (DeFi) revolution. Their support has been extended to a remarkable DeFi project, developed in collaboration with Cetif Advisory, Polygon Labs, and Fireblocks. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of…
Gitcoin has unveiled the mainnet launch of its Layer 2 Public Goods Network (PGN), designed to serve as a low-cost Layer 2 network dedicated to funding public goods. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along…
The US House Financial Services Committee will markup multiple bills to regulate crypto assets in the country, coinciding with the Federal Reserve’s decision to hike rates by 25 bps. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name…
Binance, the world’s largest cryptocurrency exchange, remains active in listing new cryptocurrencies. The latest addition to their listings is the first digital USD (FDUSD). List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links…
Despite the BTC price tanking to $29,000, Bitcoin investors remain confident and optimistic, as indicated by the expanding network activity. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to the Supporter Page…
Former CFTC chairman, Timothy Massad, emphasized the advantages of stablecoins and urged regulators not to undermine their utility. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to the Supporter Page as a proud…
Arkham Intelligence, a crypto data provider, has revealed crucial information about the crypto holdings and wallet activity of Terraform Labs and its founder, Do Kwon. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links…
Binance CEO “CZ” announced that Binance Japan plans to launch its full-service platform in August, with trading expected to commence within a few months. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to…
In a recent interview, Musk stated that X has the potential to become 50% of the global financial system if executed correctly. Twitter has officially rebranded to X after teasing by former CEO Elon Musk. The social media app replaced its bird logo with a simple X and changed its color scheme from blue to…
Binance, a top cryptocurrency exchange, made an announcement that it will list Worldcoin (WLD) today. Worldcoin is the highly anticipated project from Sam Altman, the founder and CEO of the popular artificial intelligence chatbot, OpenAI. Binance Lists Worldcoin’s WLD Token Today Binance, the world’s largest cryptocurrency exchange, revealed its decision to list Worldcoin’s WLD token….
Charles Gasparino’s column in the New York Post sparked debate among XRP supporters after he questioned Judge Torres’ decision on XRP and Ripple Labs. List Your Profile Links On CryptosHeadlines.com “Become a Supporter of CryptosHeadlines.com! Send us your name and social profile links, and we will add your name along with your profile links to…
In 2023, FLOKI secured its position as the leading metaverse cryptocurrency, dominating 39.58% of all views on CoinMarketCap. However, its sideways-moving Bollinger Bands and overbought RSI indicate potential market volatility ahead. The upcoming weeks will play a crucial role in determining FLOKI’s sustained success. In the first half of 2023, the crypto-metaverse witnessed significant growth,…
Cryptocurrency researcher ZachXBT reports a large-scale attack on the Alphapo platform. Alphapo, a prominent payment processor, experienced a hack resulting in a loss of over $23 million in different cryptocurrencies. Cryptocurrency detective ZachXBT reported the attack on Twitter and has been tracing the stolen funds across various blockchains. As per ZachXBT, the hackers emptied Alphapo’s…
The launch of ChatGPT has sparked a renewed interest in artificial intelligence, which has also had a positive impact on the cryptocurrency market. Several altcoins in this field have seen gains of over 500% in recent months, and now another altcoin is rising in value due to a decision made by Sam Altman. Ethereum’s Optimism…
The firm’s shareholders made the decision, and all Bundle customers are advised to withdraw their funds by September 12, 2023. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token…
DX25 is a new and robust decentralized exchange (DEX) built on the MultiversX blockchain ecosystem, staying true to the democratic spirit of DeFi. It provides a roadmap for a solid DEX solution that addresses liquidity issues in CLMMs and plans to expand into a cross-chain DEX supporting derivatives trading. CryptosHeadlines.com has launched its own crypto…
Dogecoin, the meme token with a $16 billion market capitalization, is popular thanks to Elon Musk’s tweets. However, there is concern about an unbreakable resistance level. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s…
The Bitcoin price remained stable amidst news of major financial firms, including Blackrock, filing for spot Bitcoin ETFs. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token pre-sale now…
People are Turning to Artificial Intelligence from Crypto CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token pre-sale now to secure early EMT Tokens. EMT Pre Sale Link: cryptosheadlines.shop Renowned…
Mark Yusko, co-founder and CEO of Morgan Creek Digital, is optimistic about Bitcoin’s future and predicts a potential six-figure price for the cryptocurrency. He believes that Bitcoin could easily surge by over 800%. CryptosHeadlines.com has launched its own crypto store CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world…
The platform, under local regulators’ supervision, will be the sole authorized space in the country for legal digital asset exchanges. Cryptos Headlines Shop / Crypto Emporium CryptosHeadlines.com has unveiled its crypto store, Crypto Emporium, enabling users to buy and sell real-world products using the EMT Token, the platform’s native currency. Join the EMT token pre-sale…
Terraform Labs (TFL) and Do Kwon are seeking to dismiss the lawsuit filed by the US SEC, citing Judge Torres’ ruling in the XRP lawsuit as their basis. Terraform Labs (TFL) and former CEO Do Kwon are seeking to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC) based on Judge Torres’…
Chris Amani, a Terra employee since 2021, has been reportedly serving as the company’s CEO for several months. As Terraform Labs co-founder Do Kwon faces possible extradition to South Korea or the United States from a Montenegro jail, the company has appointed a new CEO. Despite this, Kwon retains his position as the principal shareholder…
Tom Lee, the managing partner of Fundstrat Global Advisors, has made a bold prediction for Bitcoin (BTC), suggesting a significant rally within the next five years. He expresses confidence in this ambitious projection, but the reasons behind his optimism remain to be explored. Bitcoin Price Could Soar 500% in Next 5 Years During a recent…