Gala Games’ GALA token gets pumped after the company’s successful recovery of funds stolen in a security breach and a proposed large-scale token burn to stabilize the ecosystem. Gala was able to recover $22 million in Ethereum on Tuesday after the attacker decided to return some of the funds. Gala Games CEO, Eric Sciermeyer suggested […]
Artificial intelligence (AI) focused cryptocurrencies experienced notable gains, outpacing the broader digital asset market. Tokens such as FET, RNDR, TAO, AGIX, and AIOZ surged by 4% to 7% in the past 24 hours, as per CoinGecko data. Source: Coingecko Nvidia’s upcoming earnings report, and its recent listing of AIOZ Network’s DePIN project on the Nvidia […]
The U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, has called on lawmakers to reject the “Financial Innovation and Technology” for the 21st Century Act, a bill that seeks to establish a new legal structure to embrace digital currencies. The bills will define which authorities will regulate digital assets. Gensler, however, tends to disagree […]
The EOS Network Foundation has launched Spring 1.0 on its Jungle testnet, featuring the new Savanna consensus algorithm. This upgrade promises to increase EOS transaction performance by over 100 times compared to previous versions, offering immediate finality for transactions. Antelope Spring Beta-1 is live on testnet 🥳 This is a major advancement from its predecessor, […]
Sam Bankman-Fried is due to be transferred from the Metropolitan Detention Centre in Brooklyn to a federal penitentiary facility in Mendota, California. This move brings him closer to his family, some two and a half hours from his parents’ home near Stanford University. The transition is against his preference, as Bankman-Fried lawyer expressed a desire […]
WeatherXM AG, the weather-focused decentralized physical infrastructure network (DePIN) startup, has successfully raised $7.7 million in a Series A funding round led by Lightspeed Faction. This round also saw participation from prominent investors including Protocol Labs, Borderless Capital, Arca, Alumni Ventures, Placeholder VC, Red Beard Ventures, Metaplanet, and others. This funding aims to boost WeatherXM’s […]
The well-known cryptocurrency wallet Exodus has revealed that U.S. users are now able to buy Bitcoin and other cryptocurrencies in a direct way using PayPal. We're thrilled to announce that Exodus Mobile users can now buy #Bitcoin and other crypto via @PayPal! 🎉 pic.twitter.com/jweiWg24am — Exodus – Crypto Wallet (@exodus_io) May 22, 2024 Users need […]
Binance.US has won its appeal against Florida’s revocation of its money-services business license. The state Office of Financial Regulation’s (OFR) emergency suspension order was deemed unlawful by the Florida First District Court of Appeal. The Florida Office of Financial Regulation (OFR) made suspension following Binance CEO Changpeng Zhao’s guilty plea to charges of violating U.S. […]
MetaMask, a leader in self-custodial digital wallets, is reportedly planning to integrate Bitcoin support within the coming month. This strategic move aims to broaden the platform’s reach, which already spans various Ethereum-based and compatible networks. While these plans are still under consideration and may change, the potential inclusion of Bitcoin signals MetaMask’s commitment to enhancing […]
President Joe Biden has decided not to veto the Financial Innovation and Technology for the 21st Century Act, despite opposition. This decision reflects an openness to foster a collaborative legislative effort on cryptocurrency regulation. The administration has voiced its concerns regarding the bill’s lack of sufficient protections for investors engaging in digital asset transactions. Moreover, […]