General category for all types of news related to the cryptocurrency world.
Decentralized social media, like Farcaster, offers better privacy and user control than centralized platforms, but faces challenges with UI and content moderation. HAM CEO Sean Papanikolas discusses innovations like smart wallets and social tipping. #Update #Decentralization
Rostin Behnam, Chairman of @CFTC, declares Bitcoin and Ethereum as commodities, not securities, during U.S. Senate testimony. This aligns with an Illinois court ruling on $OHM and $KLIMA. Behnam stresses the need for robust regulatory oversight in the crypto market. #CryptoNews
Two U.S. firms, @VivoKey and Dangerous Things, unveiled the Apex under-skin crypto wallet for $349. This NFC/RFID device, controlled via a phone app, secures private keys on an implanted chip, enabling secure $BTC transactions and more. #CryptoTech #Update
Apple and @Microsoft step down from observer roles on @OpenAI’s board amid rising regulatory scrutiny in AI. This follows Microsoft’s $13B investment, highlighting their deep AI involvement. Both companies continue collaborations, emphasizing strategic interest in AI tech. #AI #Update
CFTC Chairman Rostin Behnam seeks more funding and authority to oversee crypto markets, claiming 70-80% of cryptocurrencies are non-securities. An Illinois court classified $BTC and $ETH as digital commodities, backing his stance. #CryptoRegulation
Siacoin ($SC) surged 29% to $0.005248, with market cap up 27% to $303M. Trading volume spiked 2,700% to $72.7M. $SC powers @Sia__Foundation’s decentralized cloud storage. #Update #CryptoNews
Elliptic has exposed an $11B money-laundering scheme involving the Huione Guarantee platform, linked to crimes like human trafficking. Managed by Cambodia’s ruling family, this platform uses $USDT for transactions. Tether disputes these findings, calling for regulatory checks. #Update #CryptoCrime
Former President Trump’s pro-crypto stance boosts his favorability among GOP voters, with 13% more supportive. 60% want clear crypto regulations, while 68% oppose CBDCs. This shift may reshape the GOP base. #CryptoNews #Update
Bitget’s Q2 2024 report reveals a 50% surge in web traffic, $32B in trading volumes, and 2.9M new user registrations. Bitcoin holdings grew by 73%, Ethereum by 153%, and USDT by 80%. New products PoolX and Premarket launched. #CryptoUpdate
Crypto.com and @unstoppableweb are offering 200 premium Web3 domains from July 10 to August 9, 2024, priced $20-$10,000. Secure your Web3 identity with simple, user-friendly names like “x.x” and “1.go.” #Web3 #Update
The Bank of Israel has delayed the digital shekel rollout to observe the European Central Bank’s digital euro launch, aiming to understand its impact on public adoption. #CBDC #Update
Toncoin ($TON) and KangaMoon show strong gains despite the crypto downturn. $TON is up 445% YTD, aiming for $15, while KangaMoon surged 120% this week, targeting $1 and a $1B market cap. #Update
Analyst CryptoKnight predicts $FLOKI will hit $0.34 in 2024 after a 500% surge this year. PlayDoge’s presale raises $5.5M. Both show strong fundamentals and innovative ecosystems. #Crypto
Nigeria’s Finance Minister Wale Edun urges new SEC board to create strict crypto regulations to protect market integrity. Board, approved by President Bola Tinubu, plans updates to aid crypto firms. #CryptoRegulation #Update
