Crypto Mining Platform NiceHash Announces Relocation to Switzerland, Maintaining MiCA Compliance

NiceHash is on the move. The crypto mining platform, which has been a mainstay of the industry for over a decade, has announced its relocation to Zug, Switzerland. Zug offers a regulatory environment that aligns with NiceHash’s mission to operate transparently while supporting its global user base. While already running compliant operations in Europe, the…

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Binance Australia Faces Major Lawsuit Over Client Protections

The Australian Securities and Investments Commission (ASIC) has launched an action against Binance Australia Derivatives, alleging serious consumer protection violations against the crypto derivatives platform.  The lawsuit focuses on allegations that Binance misclassified 505 retail clients as wholesale investors from July 2022 to April 2023, which would take them out of crucial legal protections under…

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Analog Mainnet Launches Transforming Blockchain Interoperability

On the occasion of the launch of its mainnet, Analog, an interoperability solution has achieved a significant milestone in the realm of blockchain interoperability by providing developers with the capacity to build complex multi-chain apps. As a foundation for upgrades such as Nominated Proof of Stake (NPoS) consensus, cross-chain messaging, and data queries by its Token…

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Bitcoin Approaches $100,000, Ethereum Nears $4,000 In An Euphoric Market

13h05 ▪ 3 min read ▪ by Fenelon L. Bitcoin continues its bullish momentum for the seventh consecutive day, settling at $99,513 this Monday, while Ethereum consolidates its position above $3,600. This progress comes in a context of growing optimism among institutional investors and expectations related to American regulatory developments. Bitcoin reconnects with its bullish…

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Nevermined secures $4m to pioneer AI commerce infrastructure

Autonomous AI agents could reshape commerce, and Nevermined’s $4M funding is a step toward that future. Nevermined, a decentralized AI payment infrastructure provider, has secured $4 million in early investment to enhance AI-to-AI transaction capabilities. Generative Ventures led the funding round, which also included Polymorphic Capital, Halo Capital, and Arca. Self-proclaimed as the “PayPal for…

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Ethereum Enhances Scalability with Pectra Upgrade

In a significant development in the blockchain realm, Ethereum is set to implement the Pectra upgrade in the first quarter of 2025. This initiative aims to bolster the platform’s scalability, refine user interaction, and optimize staking processes, marking a pivotal moment in Ethereum’s evolution as it confronts existing challenges. What Innovations Does the Pectra Upgrade…

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Cardano Reveals Bitcoin DeFi Focus and Partnerchain Plans for 2025

Cardano’s 2025 agenda includes a significant focus on Bitcoin DeFi, prioritizing decentralized finance innovations on the Bitcoin network. Expanding Partner Chains and advancing the Midnight Network remain pivotal for Cardano’s growth and Web3 privacy-centric solutions. Future developments and ecosystem improvements will help ADA serve its intended purpose of improved utility and adoption and sustainable price…

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New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding

San Jose, Costa Rica, December 23rd, 2024, Chainwire Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported by Crunchbase. The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving…

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13 U.S. States Push for Strategic Reserves

Ahead of the much-awaited January 20th inauguration of the 47th President of the United States, Donald Trump, the cryptocurrency industry is gaining more bullish sentiment. Moreover, the cryptocurrency industry ended 2024 on a high note after the spot Bitcoin ETF broke the record in the ETF market. With the alluring prospect of a parabolic Bitcoin…

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COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis

Mike Belshe, the CEO of BitGo, announced that positive developments in the cryptocurrency market are anticipated starting in 2024, with trends expected to persist until 2025. He noted that the newly established administration in Washington D.C. has not yet fully reflected its cryptocurrency-friendly policies in the market, but he believes these regulations will create a…

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