Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume.
Tether’s Latest Acquisition Puts Stash at 75,354 Bitcoin
Though Tether has not officially confirmed its ownership of the wallet, the “bc1qj”…
48 US Lawmakers Ask SEC Chair Gensler to Clarify Whether ETH Is a Security — Warn of 'Negative Repercussions'
April 2, 2024
Forty-eight U.S. lawmakers have sent a letter to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler asking him to clarify whether ether is a security. “The negative repercussions of the SEC implicitly or directly classifying ETH as a digital asset security…
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems…
The meme coin phenomenon, where communities produce tokens with no other support than a meme behind it, has given rise to opposing opinions. These range from the most positive ones, which regard them as value-affirming elements, to the negative ones, which state that there is no value behind them. Bitcoin.com News examines the views of Solana’s Anatoly Yakovenko, Avalanche’s Emin Gün Sirer…
Solana Foundation Asserts Core Network Should Be Permissionless Regarding Offensive Meme Coin Issues
April 1, 2024
The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these…
PRESS RELEASE. Geneva, Switzerland, March 28, 2024 – HackaTRON Season 6, co-hosted between TRON DAO, HTX DAO, BitTorrent Chain, and JustLend DAO, introduces an exciting lineup of new sponsors, partners, and judges.
Showcasing HackaTRON Sponsors
Diamond Sponsors:
Ankr…
Bitwise Files for Spot Ethereum ETF With SEC, Highlights Detailed Correlation Analysis
March 29, 2024
Bitwise Asset Management has filed with the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF), a move aimed at providing investors with regulated exposure to ether without direct ownership of the cryptocurrency.
Bitwise Aims for SEC Approval With Spot Ethereum ETF, Backed by Correlation Data
Bitwise’s proposed ETF, conducted in partnership with NYSE…
Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for “top-tier talent” to help them…
Many of Goldman Sachs’ largest clients are ramping up their activity in the crypto space following spot bitcoin exchange-traded fund (ETF) approvals and BTC price recovery. “The recent ETF approval has triggered a resurgence of interest and activities from our…
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets.
Kucoin’s Legal Battles Shine a Bright Light on…