News

Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive

November 9, 2023 0

Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This significant increase was recorded on Thursday, November 9,

News

Blackrock Registers Ishares Ethereum Trust With Delaware’s Division of Corporations

November 9, 2023 0

Blackrock may be taking steps toward obtaining approval from the U.S. Securities and Exchange Commission (SEC) for a spot ethereum exchange-traded fund (ETF) in the near future. This comes on the heels of the company’s application for an Ishares Ethereum Trust with the Delaware Division of Corporations on Thursday. Speculation Rises on Blackrock’s Preparations for […]

News

Top 5 Best Online Casinos That Accept Cryptocurrencies in 2023 by VAVE Partners

November 9, 2023 0

Written by VAVE Partners. Online casinos have always been at the forefront of technological innovation, constantly finding ways to offer better user experiences and more convenient transaction methods. In recent years, one of the most significant advancements among online casino sites has become the acceptance of cryptocurrencies as a payment option. The adoption of

News

NFT Giant Opensea Retrenches an Unknown Number of Employees

November 9, 2023 0

Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea, one of the largest non-fungible token (NFT) marketplaces, […]

News

US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert

November 9, 2023 0

The U.S. Securities and Exchange Commission is unlikely to issue clear guidelines on the application of the law against the crypto industry before its case against Ripple is finalized, an industry expert has said. The U.S. securities regulator only needs to provide “additional facts” to prove that secondary sales of crypto assets are illegal. Industry […]

News

Kenyan Blockchain Association Told to Help Draft Regulation Bill, ‘Demystify’ Crypto

November 9, 2023 0

The Blockchain Association of Kenya has been asked to help create the country’s first draft bill on crypto asset regulation. The National Assembly’s Departmental Committee on Finance and National Planning also asked the association to undertake “robust public education on cryptocurrency trade to demystify it.” Kenya’s Initial Draft Crypto Bill A Kenyan parliamentary

News

Report: Stablecoin Giant Circle Eyes 2024 Public Listing

November 9, 2023 0

According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer an initial public offering that was shelved in 2022. Unnamed Sources Say Circle Is

News

Biden Administration Seeks More Tools to Combat Illicit Crypto Use, Says Treasury Official

November 9, 2023 0

United States Deputy Secretary of the Treasury Wally Adeyemo says the Biden administration is seeking more tools to combat the illicit use of crypto. “We’re going to work with Congress to get more tools,” he stressed, advising the crypto industry to “make sure that you’re protecting yourselves from being in a position where people are […]

News

Michael Saylor Expects Bitcoin Demand to Double After Halving and Spot Bitcoin ETF Approvals

November 9, 2023 0

Microstrategy Chairman Michael Saylor expects the demand for bitcoin to double after the halving and the approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The Microstrategy executive says the next 12 months will be “pretty auspicious for the asset class.” He also highlighted three key factors that he […]

News

Dr. Doom Embraces What He Once Scorned: Nouriel Roubini’s Firm Rolls Out Crypto Amidst Criticism

November 9, 2023 0

Critics are currently roasting economist Nouriel Roubini, whose disdain for cryptocurrency is well-documented, as his company Atlas Capital announces its venture into the very market he once scorned. The firm is rolling out a crypto asset token crafted to combat the “negative effects of climate change,” marking a significant shift from Roubini’s previous stance when […]