On October 24, 2023, the Pennsylvania House of Representatives took significant action by passing House Bill 2481, commonly referred to as the “Bitcoin Rights” bill. This legislation is a result of a unified bipartisan effort, highlighted by a sweeping vote of 176 to 26. Both Democrats and Republicans, with all 100 Republicans and 76 Democrats
Crypto
In the ever-evolving world of cryptocurrencies, the recent performance of Cat in a Dogs World (MEW) has captured significant attention. What began as a playful nod to internet culture has transformed into a financial phenomenon, with MEW experiencing an impressive 85% price surge over a fortnight. This remarkable trajectory culminated in a new all-time high,
In the rapidly evolving world of blockchain technology, partnerships often play a crucial role in expanding capabilities and reach. EMURGO, the driving force behind the Cardano blockchain’s Web3 adoption, has announced a groundbreaking collaboration with BitcoinOS (BOS). This partnership marks a significant leap forward for decentralized finance (DeFi) users on Cardano, promising seamless access to
As the cryptocurrency market approaches a crucial juncture, the expiration of approximately 62,600 Bitcoin options contracts on October 25 looms large. With a staggering notional value of around $4.26 billion, this event is expected to create significant ripples throughout the market. Unlike typical weekly expiries, this month’s end event signifies a larger degree of market
The cryptocurrency market has become a focal point for regulatory scrutiny, particularly in the United States, where the evolving political climate significantly impacts its development. As the nation approaches another presidential election, the potential for regulatory changes could shape the future of this nascent industry. Ripple’s CEO, Brad Garlinghouse, recently addressed the pressing need for
Alex Mashinsky, once a prominent figure in the cryptocurrency arena as the CEO of Celsius Network, is now embroiled in a significant legal battle following the company’s dramatic collapse. Scheduled to appear in a Manhattan court on November 13, Mashinsky faces an array of serious allegations, including securities and commodities fraud, wire fraud, and charges
In a recent turn of events, Michael Saylor, the founder of MicroStrategy, ignited a firestorm of criticism following remarks implying that institutional entities, such as BlackRock and Fidelity, are more secure custodians for Bitcoin than individual holders. Facing significant backlash from the cryptocurrency community, Saylor took to Twitter to articulate a more nuanced perspective on
In the ever-evolving world of cryptocurrencies, XRP has recently caught the attention of traders and analysts alike, primarily due to ongoing legal battles and market sentiment. While XRP’s current price languishes around $0.52, representing a 15% decrease since the beginning of the year, a cohort of optimistic analysts posit that significant upward movement is on
The recent dismissal of all charges against Tigran Gambaryan, an executive at Binance, shines a light on the convoluted interplay of law, health, and international relations that often characterizes high-profile corporate scandals within the cryptocurrency industry. This case, marked by accusations of money laundering, paints a picture of a broader conflict not just involving the
In the rapidly evolving landscape of decentralized finance (DeFi), the recent exploit of Radiant Capital has underscored both the fragile nature of smart contracts and the relentless sophistication of cybercriminals. On October 16, a significant attack compromised Radiant’s smart contracts, resulting in the theft of approximately $52 million in crypto assets. Analysis by PeckShield revealed
