The Avalanche Foundation, responsible for the development of the Avalanche network, has announced its plan to acquire a collection of meme coins as part of its “Culture Catalyst” program. Read: Meme coin < 30 seconds 🫣 🤑 The foundation will select Avalanche-based meme coins for its collection based on various criteria. These include the number […]
Global cryptocurrency exchange OKX has revealed its decision to delist several cryptocurrencies, including major privacy tokens like Monero (XMR) and Zcash (ZEC), as well as partly private coins like Dash (DASH) and Horizen (ZEN) in early 2024. OKX announced the removal of a total of 11 trading pairs involving these tokens, with the changes set to become […]
Ethereum co-founder Vitalik Buterin has put forward a proposal to alleviate the load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus mechanism. On December 28, Buterin suggested a method to decrease the number of signatures required from validators to maintain the network, ultimately reducing the overall load. Ethereum supports a large number of validators, approximately […]
Argentina’s new government, led by self-proclaimed libertarian Javier Milei, has announced plans to streamline the process of legalising cryptocurrency holdings, even for those who have previously missed tax declarations. On December 27, the Argentine Congress introduced the “Law of Bases and Starting Points for the Freedom of Argentines,” a comprehensive 351-page bill that encompasses various […]
Marathon Digital, a Bitcoin mining company, has surged ahead as the most traded stock of the day. This remarkable feat has placed it ahead of tech giants like Tesla, Apple, and Amazon in terms of trading volume. With over $327 million traded in the last 24 hours, Marathon Digital is making waves in the investment […]
Nearly ten years after its notorious collapse, the defunct Bitcoin exchange Mt. Gox is reportedly issuing repayments to creditors. This development marks a significant milestone in one of the cryptocurrency world’s most prolonged and closely watched sagas. Reports on Social Media On December 26, multiple posts on the Reddit page r/mtgoxinsolvency started to emerge, indicating that creditors […]
In a remarkable shift in public curiosity, searches for “artificial intelligence (AI)” on Google have skyrocketed, eclipsing those for “Bitcoin” and other cryptocurrency terms. This surge aligns closely with the November 2022 launch of OpenAI’s ChatGPT, igniting a widespread fascination with AI. Historically, Google Trends data revealed that since 2020, “Bitcoin” and “crypto” searches often surpassed those […]
Argentina’s newly appointed foreign minister, Diana Mondino, has officially announced that the country “ratifies and confirms” the use of Bitcoin in contracts, marking a significant step towards cryptocurrency adoption in the nation. This move follows the election of President Javier Milei, known for his crypto-friendly stance, and reflects a growing recognition of cryptocurrencies as a […]
The cryptocurrency world is excited as the possibility of spotting Bitcoin exchange-traded funds (ETFs) inches closer to reality. Executives and experts from the crypto community have been sharing their thoughts on how this new investment vehicle could impact the broader financial markets. Grayscale CEO: Unlocking Trillions in Wealth Grayscale CEO Michael Sonnenshein sees the potential of spot […]
Warren has voiced her concerns over the lobbying efforts of the Blockchain Association, accusing the group of undermining the U.S. Congress. In a letter addressed to Kristin Smith, the chief executive of the Blockchain Association, Warren expressed her apprehension about the association’s influence on bipartisan efforts related to cryptocurrency regulation and its potential impact on national security. […]