Category: crypto

President-elect Donald Trump is considering Paul Atkins, a financial regulator and advocate for deregulation, as the next SEC chair. Atkins is a supporter of crypto and fintech innovation, aligning with Trump’s promise to reduce regulatory burdens. His potential appointment signals a shift in regulatory priorities towards a more crypto-friendly approach.

Low-income households in the US are using crypto profits to enter the housing market, according to a report by the Office of Financial Research. Areas with high crypto holdings have seen a surge in mortgage and auto loan activity. While this trend is positive, there are concerns about rising debt and potential financial instability.

The Cardano network has achieved a milestone by deploying its first zero-knowledge smart contract on the mainnet using the Plutus v3 ledger language. The ZK smart contract Halo2 will allow zero-knowledge applications to integrate with Cardano. This technology aims to enhance security and efficiency in transaction validation without revealing sensitive information.

CryptoQuant CEO believes that South Korea’s negative stance on Bitcoin is similar to the situation with Gary Gensler. He suggests that a change in leadership is needed in South Korea to create a more welcoming environment for cryptocurrencies.

Ripple is a founding member of the XRP Ledger Foundation, aiming to govern and unify the XRPL ecosystem. The foundation plans to ensure growth, security, and decentralized contributions to the XRPL community. Ripple also invested in Bitwise’s Physical XRP ETP to support XRP’s reputation as a trusted blockchain network.

The price of Tornado Cash’s TORN token surged to a two-year high after a US federal appeals court ruled that the US Treasury Department’s sanctions on the platform were unlawful. The court determined that Tornado Cash’s immutable smart contracts cannot be sanctioned under current laws, leading to a 400% increase in the token’s value. Industry…

Lightchain Protocol AI is a new Layer 1 blockchain with AI capabilities, offering a rare opportunity for investors with a potential 100x return on LCAI tokens. With a $30 million ICO goal and support from crypto whales, it aims to revolutionize blockchain technology with AI-powered solutions and eco-friendly consensus. Join the ICO now.

Brazilian lawmaker Eros Biondini proposed legislation to create a $18.6 billion Bitcoin Sovereign Strategic Reserve (RESBit) to diversify Brazil’s Treasury assets and back their central bank digital currency. The bill aims to modernize Brazil’s financial management to compete in the global digital economy, following the success of other countries integrating blockchain technology.

Iran’s Central Bank is launching its own digital currency, the Digital Rial, to modernize its banking infrastructure and improve financial operations. The currency will leverage the Shetab payment network for faster transactions and aims to enhance efficiency domestically and internationally. This initiative also aims to strengthen Iran’s economic resilience and integrate its financial systems with…

The New York Stock Exchange has filed to list Bitwise’s Bitcoin and Ethereum mixed exchange-traded product (ETP) ETF. This ETP uses market cap weighting to provide investors with balanced and simplified exposure to Bitcoin and Ethereum.