Author: e_cash_top

[ad_1] With less than 12 hours remaining until the next Bitcoin halving, online interest in the event has hit its highest rate, according to detailed tracking information provided by blockchain analytics platform Santiment. Santiment is tracking social volume and dominance around the event, with volume spiking to its second-highest level ever and dominance reaching a…

[ad_1] Stablecoin issuer Tether confirmed to CryptoSlate its expansion of US dollar-backed USDT and gold-backed XAUT stablecoins onto The Open Network (TON) blockchain, according to an April 19 statement. The move aims to enhance the utilization of stablecoins for cross-border and peer-to-peer transactions among the 900 million users of the TON-related Telegram messaging application. According…

[ad_1] The bankrupt FTX exchange emptied its FTT treasury account to a new wallet address on April 18. Arkham Intelligence’s dashboard showed that the transferred assets from the FTT Treasury wallet include 195.87 million FTT tokens valued at approximately $247 million, 1,938 ETH valued at around $6 million, and 6.36 million JOE tokens worth $3.25…

[ad_1] Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the muted response from…

[ad_1] The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. The regulator alleged that Sun “traveled extensively” to the US while he and several companies carried…

[ad_1] Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional…

[ad_1] Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature…

[ad_1] A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins. Former Blockchain Association member Jake Chervinsky called the Lummis-Gillibrand Payment Stablecoin Act “deeply flawed” on April 17. He warned that the bill would only permit centralized and…

[ad_1] SkyBridge Capital founder Anthony Scaramucci said that Bitcoin is “still very young” in terms of adoption and predicted significant long-term growth despite its current volatility and recent price fluctuations influenced by global events. In an interview focused on the flagship crypto’s trajectory, Scaramucci highlighted that Bitcoin is still early in its adoption curve, likening…

[ad_1] US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in November 2023. In an April 16 letter addressed to US Treasury Secretary Janet Yellen, Senator Warren articulated her stance and…