President-elect Donald Trump’s proposed “Crypto Advisory Council” is expected to establish his promised “Strategic Bitcoin Reserve,” Reuters reported on Nov. 21, citing sources familiar with the matter. While presidential advisory councils are not new, a dedicated crypto council would be unprecedented, reflecting the sector’s rapid evolution since Bitcoin’s inception in 2008. Blockchain Association CEO Kristin…
The U.K. government plans to unveil draft regulations for the crypto and stablecoin markets in early 2025, Bloomberg has reported. According to the publication, Prime Minister Keir Starmer’s administration aims to establish a regulatory framework for overseeing the crypto industry,…
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional…
Bitcoin nears $100K, rising 4.86% in 24 hours, as investors eye regulatory optimism under President-elect Donald Trump.#partnercontent
Printemps, a cornerstone of French luxury retail, has taken a bold step into the digital age by becoming the first European department store network to accept cryptocurrency payments. Thanks to a strategic collaboration with Binance, the world’s leading blockchain ecosystem and cryptocurrency exchange, and Lyzi, a fintech innovator specializing in crypto payments, Printemps customers can…
Bankrupt crypto exchange FTX announced today that its court-approved reorganization plan will be effective in January 2025. Next month, FTX debtors will finalize arrangements with distributors to reimburse old users, especially those overseas. The reorganization plan has sparked discontent among creditors, but FTX is working to maximize recovered assets. Reorganization at FTX In a recent…
President-elect Donald Trump’s transition team is reportedly exploring the creation of a “crypto czar” role to oversee digital asset policy, with former Commodity Futures Trading Commission Chairman Chris Giancarlo emerging as a top contender. This potential position would mark the…
Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos’ evolution as a scalable layer-1 blockchain designed for diverse Web3 applications. Concurrently, Stripe will integrate Aptos into its crypto payment products, enabling businesses and individuals to convert fiat…
HashCats, a tap-to-earn miner game, is concluding its first season and shifting focus to its upcoming Token Generation Event. With nearly five million players engaged in the game’s first six months, HashCats has announced a $500,000 giveaway in collaboration with…
The crypto market is overflowing with new projects, many of which make bold promises but fail to meet even basic investor expectations. This makes finding the right project to invest in and track a challenging task. Meanwhile, Bitcoin is making headlines as it inches closer to a six-figure valuation, fueling excitement across the market. With…
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