General category for all types of news related to the cryptocurrency world.
Congressional panels have advanced nominations for crypto regulators, but full Senate confirmation is pending. Market structure legislation remains stalled as December deadlines approach. #Update #Crypto $BTC $ETH
@bonkfun reallocates 51% of fees to boost BNKK’s DAT purchases, increasing from 10%. This follows a $32M token acquisition and aims to solidify BONK supply dominance. #Update #Crypto $BONK
A Delhi IT worker used ChatGPT to create a fake payment site, capturing a scammer’s location and photo during an “army transfer” fraud attempt. #Update #AI
Western Union is launching a “stable card” to protect remittance value in high-inflation economies, aligning with its digital asset strategy. #Update #Finance
Morgan Stanley now forecasts a 25bps Fed rate cut this month, shifting from previous expectations due to weaker U.S. data and comments from officials. Traders see an 86.2% chance of a cut at the upcoming FOMC meeting. #Update #Crypto $BTC
Stablecoin adoption is surging, with total market cap reaching $300 billion, driven by banks exploring tokenized deposits and fintechs integrating stablecoins into payment solutions. #Update #Crypto $USDT $USDC
Alien launched a decentralized app for human verification without storing biometric data, addressing AI-driven identity challenges. #Update #Tech
Stablecoins like $USDT and $USDC face risks as the U.S. dollar declines 11%, prompting discussions of gold-backed alternatives, including a proposed stablecoin by Burkina Faso backed by $8 trillion in resources. #Update #Crypto $USDT
OpenAI must provide 20 million de-identified ChatGPT logs to The New York Times in a copyright case, impacting AI data practices.
The New York Times has sued Perplexity AI for copyright infringement, alleging unauthorized use of its content via retrieval augmented generation technology. Several publishers have filed similar lawsuits. #Update #Legal
@ClearStreet, a major player in crypto treasury deals, is eyeing a public listing valued between $10–12 billion. #Update #Crypto
@MARA Holdings has fallen 55% year-over-year, with $3.3B in convertible debt versus $4.9B in bitcoin holdings, suggesting it trades at a premium, not a discount. #Update #Crypto $BTC
@BingX has launched the Recurring Buy feature, allowing users to automate digital asset purchases from 1 USDT at intervals of their choice, simplifying entry for newcomers and promoting disciplined investment. #Update #Crypto $USDT
India’s Directorate of Revenue Intelligence reports smugglers increasingly use $USDT and cryptocurrencies over hawala networks for drug and gold trafficking, urging stronger regulations to combat illicit activities. #Update #Crypto $USDT
