General category for all types of news related to the cryptocurrency world.
Brazil’s Attorney General Paulo Gonet Branco supports the Supreme Court’s decision to ban social network X, urging the dismissal of lawsuits challenging the ban. Elon Musk calls the ban an attack on Brazilians’ freedoms. Intense debates in Congress continue.
Justin Bons, founder of Cyber Capital, alleges Tether is a $118B scam, surpassing FTX and Madoff. He criticizes $USDT for lack of transparency and warns its collapse could be disastrous, urging the crypto community to avoid it.
Nvidia CEO Jensen Huang sells over $104M in $NVDA stock, raising questions about market sentiment. Despite this, the company remains strong in the AI chip sector, holding 80% of the global market cap and anticipating new Blackwell chip releases.
33 blockchain projects raised $223M in a week, led by $TUNE.FM and $SDAX with $50M each. Key sectors: DeFi, blockchain services, infrastructure. Notable investments: $HUMA ($38M), $FUSE ($12M), $PIN.AI ($10M).
Sam Bankman-Fried seeks retrial, citing bias from Judge Lewis Kaplan and misrepresentation of FTX’s solvency. Defense claims FTX was solvent and blames legal counsel for its collapse. Caroline Ellison’s sentencing in Alameda Research case is on Sept 24.
Bitget unveils Smart Awards 2024 to honor top crypto traders in five categories. Partnering with 0xScope for a transparent, data-driven selection process. Join the #TradeSmarter campaign and support your favorite traders on September 19.
Sui’s TVL doubles in just over a month, driven by innovative features and robust performance. Increased TVL signals higher liquidity and stability, attracting diverse investors. Enhanced transaction speeds and lower fees boost user experience and platform viability.
Kalshi halts political event betting after Federal Appeals Court orders suspension amid CFTC’s legal challenge to overturn lower court ruling. This pause could lead to major financial losses or the closure of Kalshi, impacting the future of regulated prediction markets.
Congressman John Rose introduces the BRIDGE Act to create a joint SEC-CFTC advisory committee with diverse crypto industry representatives. The initiative aims to shift toward a supportive regulatory framework, potentially positioning the US as a leader in global digital asset regulation.
Nvidia CEO Jensen Huang predicts a new Industrial Revolution driven by AI, boosting $NVDA prices and AI cryptocurrencies. Recent innovations and partnerships reinforce Nvidia’s market lead in advanced chips. @Nvidia
Tune.FM raises $50M from Global Emerging Markets to enhance JAM token liquidity, combining music streaming with an NFT marketplace. Artists receive micro-payments, and users earn tokens by listening to promoted songs, simplifying blockchain access with auto-created wallets.
Stablecoin usage surges in Brazil, India, and Nigeria, offering reliable financial alternatives. 47% of users hold digital dollars to bypass unstable local banking. Stablecoins settled $2.6T in transactions in H1 2024, enhancing financial inclusion.
Vitalik Buterin will only endorse Layer-2 $ETH projects meeting high decentralization standards starting next year. Projects must achieve 75% council consensus to override the proof system, with 26% independent members, ensuring network security and user trust.
Robinhood’s ($HOOD) stock surged 4%, driven by its crypto market expansion and $200M Bitstamp acquisition. Bernstein projects $900M operating income and $3.4B revenue in 2024. Stock is up 66% YTD, fueled by younger investors.
