Category: Latest news

[ad_1] House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect data on Bitcoin mining firms. In a letter to the Office of Management and Budget (OMB), Emmer acknowledged that the OMB approved and expedited a request from the Energy Information Administration (EIA) that imposes…

[ad_1] WorldCoin (WLD) reached a new all-time high of $8.98 on Feb. 22, following significant weekly price gains, according to CryptoSlate data. The token has retreated slightly to $8.69 as of press time. The current price represents 30% gains over 24 hours, 168% over seven days, and 303% over 30 days. WLD’s $1.16 billion market…

[ad_1] Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s Office (NYAG). The objection, submitted on Feb. 21, raises concerns about the settlement’s adherence to the Bankruptcy Code and its implications for the rights of DCG as a creditor and…

[ad_1] Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes. The social media giant’s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC…

[ad_1] Fundstrat Global Advisors co-founder Tom Lee believes Bitcoin is poised for a 200% growth over the coming months, taking its value to $150,000 per coin. Lee made the statement during an appearance on CNBC’s Squawk Box on Feb. 21, where he discussed the various factors influencing Bitcoin’s value, including the role of ETFs, the…

[ad_1] Quick Take According to Nate Geraci, President of the ETF Store, 2024 has marked a significant year for Bitcoin Exchange-Traded Funds (ETFs), particularly BlackRock IBIT and Fidelity FBTC. Geraci highlights these two Bitcoin ETFs as standing among the top 8 in terms of ETF inflows this year, a notable achievement considering the diverse ETF…

[ad_1] Singularity Network, a protocol catering to institutional investors seeking confidential access to DeFi, raised $2.2 million in its second funding round that concluded in late 2023, according to a Feb. 22 statement shared with CryptoSlate. The firm intends to use the newly acquired funds to bolster its protocol development, enhance its compliant DeFi infrastructure,…

[ad_1] South Africa announced plans to weave digital payments and crypto into its financial fabric to boost the economy for marginalized groups. The announcement was made in the country’s 2024 budget and underlines the government’s drive to build a digital economy through active collaborations between public and private sectors to enhance financial innovation. The budget…

[ad_1] Hackers stole over $6.2 million in digital assets from 22 LastPass users between Feb. 19 and 20. Blockchain investigator ZachXBT and Taylor Monahan, a developer associated with the crypto wallet MetaMask, revealed in a Feb. 21 post on social media platform X (formerly Twitter) that they meticulously tracked the movement of funds from 41…

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