The FIT21 Act, which aims to provide regulatory clarity to the crypto industry, has recently come under fire from Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC). Gensler expressed strong opposition to the bill, stating that it would weaken current consumer protections in the crypto market. Despite the bill receiving support from
The recent market dip towards $60,000 did not deter Bitcoin whales from capitalizing on the opportunity to accumulate more BTC. These large investors have been actively buying up billions of dollars worth of coins, showcasing their confidence in the future of the cryptocurrency market. Thomas Fahrer, the co-founder of Bitcoin-based company Apollo, uncovered this trend
The Trump campaign made headlines on Tuesday with its announcement to accept cryptocurrency donations for the first time ever by a major party presidential nominee. This decision aligns with Trump’s overarching theme of prioritizing “freedom over socialistic government control,” as described by the campaign. Embracing New Financial Technologies By allowing supporters to donate with “any
The recent release of Citizen Conflict Alpha 5 by QORPO Game Studio has brought about a highly anticipated update to the popular FPS game. One of the most significant additions to this update is the introduction of a play-to-earn (P2E) campaign. This new feature allows players to earn up to 300,000 QORPO tokens while playing
Institutional investors are showing a significant increase in their interest in Bitcoin, as investment funds related to the cryptocurrency recorded a massive inflow of $942 million last week. This surge in investment signals a bullish sentiment among these investors, potentially leading to a Bitcoin rally to $80,000. The positive response from institutional investors is believed
Uniswap Labs has recently taken a bold stance against the SEC’s attempts to regulate DeFi, arguing that the agency’s efforts are not only misguided but legally unsound. The company, in a blog post on May 20, expressed confidence in its position, stating that it believes it will prevail if forced into litigation. Uniswap Labs firmly
In the midst of the presidential election year, the DEX markets are seeing a surge in Donald Trump tokens, with the most recent addition being a Solana meme coin called ‘Super Trump’. This particular coin has quickly gained popularity and is now at the top of the meme coin markets, attracting the attention of many
Peter Schiff, a well-known gold bug, has once again raised concerns about the future of Bitcoin, particularly in light of the potential approval of spot Ethereum ETFs by the US Securities and Exchange Commission. This latest warning from Schiff comes at a time when the price of Bitcoin has been on the rise, surpassing $70,000.
In the recent surge of Bitcoin and Ethereum prices towards new all-time highs, short-term traders have faced significant liquidations. In just the last 24 hours, over $330 million were liquidated from the crypto market, with the majority of losses coming from short traders who were betting on a price drop. According to Coinglass data, more
Recently, the Web3 gaming project Gala Game fell victim to an exploit orchestrated by an unknown attacker. This attacker, described as a compromised or rogue admin address, managed to mint a whopping 5 Billion GALA tokens, valued at over $200 million. The security breach has been contained, and the affected wallet has been frozen to
Polimec, a newly launched decentralized funding protocol on Polkadot, is set to disrupt the traditional fundraising landscape for Web3 projects. With a focus on transparency and regulatory compliance, Polimec aims to connect investors and startups globally, ushering in a new era of decentralized initiatives. The launch of Polimec represents a significant advancement in Web3 fundraising
In the world of cryptocurrency, experts are always on the lookout for the next big thing that could potentially yield massive returns. Recently, the crypto market rally has garnered a lot of attention as hopes for the SEC to approve spot Ethereum ETFs have increased. This surge in optimism has led to a 15% jump
Recently, the Securities and Exchange Commission (SEC) has requested spot Ethereum ETF applicants to update their 19-b4 filings. This move has sparked greater optimism around potential approvals within the cryptocurrency community. Bloomberg ETF analyst Eric Balchunas has mentioned that the SEC might reconsider its anticipated stance and opt not to deny the pending applications. ETF
Fantasy football has taken the world by storm, captivating millions of fans who are eager to showcase their knowledge and passion for the sport. Among the plethora of platforms available, Fanton Fantasy Football on Telegram is generating buzz for its innovative approach to the game. The standout feature of Fanton is its integration with Telegram,