General category for all types of news related to the cryptocurrency world.
Solana Breakpoint 2024 sees the Frankendancer solution live on the $SOL mainnet, enhancing performance. The Firedancer validator is in testnet, aiming to boost throughput. $SOL price surged 10.3% in the past week amid the event.
The UN proposes global AI regulation to mitigate risks, suggesting a global AI fund to aid developing countries. Meta halts Llama model in the EU due to regulations. OpenAI revises its safety committee to include independent authorities.
CertiK Ventures invests $45M to enhance Web3 security. The initiative aims to support high-potential projects, leveraging CertiK’s blockchain security expertise and partnerships with major networks like @Ripple and @Binance.
Louisiana accepts its first cryptocurrency payment for state services using $LBTC. Residents can now pay with $BTC, $USDC, and $LBTC. @BeadPay converts crypto to USD, enhancing security and reducing fraud. First transaction by the Wildlife and Fisheries Department.
Ukrainian experts at the IT Ukraine Conference compared crypto tax proposals from the Ministry of Digital Transformation and NSSMC, highlighting the impact on market growth and innovation. Aligning regulations with international standards is key to post-war economic recovery.
Crypto prediction markets surge to $1.4B in 2024, driven by platforms like Polymarket and Azuro. Challenges include liquidity and regulatory uncertainties, but AI integration and expanded offerings offer promising growth. $BTC $ETH #CryptoNews
FinTech LIVE 2024, happening in London on Oct 22-23, will feature a hybrid format with key topics on digital banking, AI, and financial services. The event will conclude with the Global FinTech Awards, celebrating industry excellence.
German regulators shut down 47 cryptocurrency exchanges for money laundering. Authorities collected user and transaction data to aid cybercrime investigations. The crackdown aims to reinforce market legitimacy and prevent misuse, highlighting the importance of AML and KYC compliance.
Animoca Brands transferred 20M $PIXEL tokens to Binance as whale transactions surged 750% ahead of a major token unlock. Despite a 3% price rise, investor sentiment is bearish with a 54.38M token cliff unlock imminent.
Fed cuts rates by 50 basis points to stabilize labor market and address inflation. Powell aims for 2% inflation, with future data-driven cuts projected. Bitcoin ($BTC) jumps above $62K post-announcement. Powell signals cautious approach for economic stability.
The Federal Reserve cut interest rates by 50 basis points, the first reduction in four years. Jerome Powell aims to maintain a strong labor market and achieve a 2% inflation target. Crypto prices may rise as investors shift to riskier assets.
Federal Reserve cuts rates by 50 basis points to 4.75%-5.00%, the first decline in four years. Driven by economic growth, rising unemployment, and 2% inflation target. Markets responded positively; further rate cuts to 2.9% by 2026 expected.
Bitget achieves 45M users in six years, ranking among the top 4 crypto exchanges by trading volume. Significant growth in 2024: Africa (1614%), South Asia (729%), and Southeast Asia (216%). Expanded token offerings and strong social responsibility programs.
Crypto firms may exit the US if Kamala Harris wins the presidential election, warns Nansen CEO Alex Svanevik. He notes that Donald Trump is seen as more favorable to the industry. This shift could boost global crypto development.
