Category: crypto

Members of the crypto community have raised concerns over Binance’s listing of Solana-based memecoins ACT and PNUT, alleging a pump-and-dump scheme. ACT surged by over 1,000% and PNUT by 100% after listing. Critics claim Binance targets low cap memecoins controlled by insiders for listing fees, promoting unfair launches. Binance may be embracing memecoins to prevent…

Digital asset funds received $1.2 billion in inflows last week, marking a fifth consecutive week of positive momentum. CoinShares reported a total of $31.3 billion in inflows for the year, bringing global assets under management to a record $116 billion. Bitcoin and US-based funds led the inflows, with Ethereum and other altcoins also showing renewed…

Bhutan’s Bitcoin reserves have surpassed $1 billion, making it a unique player in sovereign wealth. Speculation has arisen about the US possibly following suit under Trump’s administration. Bhutan’s forward-thinking strategy could serve as a model for other nations looking to diversify reserves. Speculation continues about which country will be the first to adopt Bitcoin as…

Steve Lee’s analysis explores the complexities of stakeholder support during AlphaFuture Bitcoin upgrades, highlighting the evolution of consensus across the launch timeline. The delicate balance of power between different Bitcoin stakeholders is crucial for successful upgrades.

HashKey Global has announced support for TRC-20 USDT and TRX on the TRON network. This integration aims to enhance transaction efficiency and provide more trading options for users. TRON DAO expressed excitement about HashKey’s support, highlighting the positive impact on global blockchain adoption. HashKey Global is committed to offering reliable digital asset services.

Bitcoin price reached a new record of over $80,000, following Donald Trump’s U.S. election win. The cryptocurrency has grown by 80% this year and outpaced traditional investments. Trump’s promises to support the crypto sector have led to optimism in the industry, with expectations of pro-crypto legislation and increased mergers and acquisitions.

Bankrupt FTX exchange is suing Binance and former CEO Zhao for $1.8 billion due to actions contributing to financial downfall. Binance initially invested in FTX in 2019, but tensions led to Binance exiting in 2021. FTX claims Zhao’s actions caused a liquidity crisis, ultimately leading to collapse.

Venture capital firm Andreessen Horowitz believes Donald Trump’s reelection could benefit the US crypto industry by fostering bipartisan efforts and global innovation. They see potential for constructive engagement with lawmakers to identify fraudulent players and promote ethical projects. The firm plans to advocate for decentralization and release guidance on protecting token-holders.

Prediction markets like Polymarket can be a powerful tool for gathering information and making predictions. Ethereum co-founder Vitalik Buterin believes in the concept of “info finance,” where markets are designed to elicit information from participants. Platforms like Polymarket can be used for betting and as a source of news. Buterin also sees potential for using…

Music professionals worldwide are losing out on royalties due to outdated systems and intentional manipulation by major industry players. Lawsuits from Limp Bizkit and SoundExchange highlight the widespread issue. Blockchain technology offers a solution by providing transparent, accurate royalty calculations. Collaborative efforts and innovative platforms are striving to revolutionize the music industry for fair compensation…