A new poll indicates that crypto users might emerge as a crucial swing voting bloc. Conducted by the Crypto Council for Innovation (CCI), the survey was conducted in December 2023 with 454 US voters. It gives an insight on the growing political influence of the cryptocurrency community. Key Findings from the CCI Poll The Phenomenon of […]
In 2023, the Web3 ecosystem suffered losses amounting to $1.8 billion due to hackers and scammers, according to a report released on December 28 by blockchain security platform Immunefi. Notably, 17% of these losses were attributed to the Lazarus Group, a North Korea-linked cybercriminal organisation. The largest hack of the year, in terms of losses, […]
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 […]
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 […]
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 […]
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. […]
7RCC, a cryptocurrency firm specialising in environmentally conscious investment solutions, has submitted an application to the United States Securities and Exchange Commission (SEC) for a unique spot Bitcoin Exchange-Traded Fund (ETF). This ETF aims to provide a carbon-neutral investment opportunity in the cryptocurrency market, aligning with the principles of environmental, social, and governance (ESG) investing. The Eco-Friendly […]
Several influential figures have come together to support pro-crypto candidates in the upcoming 2024 US elections in a historic move that signals the crypto industry’s increasing involvement in politics. Among the prominent individuals backing this initiative are Brad Garlinghouse, CEO of Ripple, the Winklevoss twins, and Brian Armstrong, CEO of Coinbase. This united front of industry leaders […]
The surge in demand for blockspace caused by the Ordinals inscription craze is not limited to the Bitcoin network alone. Ethereum Virtual Machine (EVM) chains have also experienced a significant increase in inscriptions, leading to a spike in gas fees over the weekend. On December 16, gas spent on inscriptions reached a record high of […]
Bitcoin appears on the verge of printing its first golden cross in over a year, sparking excitement among bullish traders eager for a new crypto rally. The largest cryptocurrency by market value has surged nearly 30% over the past two weeks. BTC recently tapped prices above $35,000 for the first time since May 2022, per […]