Recent discussions between House leaders and Senate Majority Leader Chuck Schumer suggest that stablecoin legislation may see action during this summer’s session or in the year-end lame-duck session. This is in response to the need for regulatory clarity in the financial technology sector, particularly in the area of stablecoins. House Financial Services Chair Patrick McHenry
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STEPN, the innovative move-and-earn lifestyle app, has made waves in the industry by joining forces with global sportswear giant Adidas to launch a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This groundbreaking partnership signifies the start of a year-long collaboration, promising exciting NFT drops and physical wearable items down the line. The Solana-based generative
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Recently, Dentsu Inc. announced a groundbreaking partnership with Chiru Labs, the creators of the popular Azuki NFT project, to develop an anime anthology series titled “Enter The Garden.” This trilogy, directed by renowned anime director Goro Taniguchi, is set to bring a fresh perspective to the world of anime. The series will utilize the Azuki
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Bitcoin (BTC) has the potential to reach substantial price targets, with projections ranging from $91,000 at the bottom of a bear market to $650,000 at the peak of a bull cycle. These estimates are based on the full deployment of the cryptocurrency’s exchange-traded funds (ETFs) in the near future. According to Bitcoin analyst Willy Woo,
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Bitrace, a data analysis company in Hong Kong, has taken significant steps to combat cryptocurrency-related crimes in the region. One of the key initiatives undertaken by Bitrace is to organize training sessions for members of the Hong Kong Police Force. These sessions focus on on-chain fund tracking, providing valuable insights and methods to investigate cryptocurrency-related
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Bitcoin, as the frontrunner in the digital currency sector, has once again become a topic of interest for investors. Recent market trends have sparked conversations among experts and enthusiasts alike. The focus is now on the likelihood of a notable retracement in Bitcoin’s price. Renowned crypto analyst Rekt Capital has delved into the current state
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In the world of blockchain technology, a significant dilemma arises when considering the balance between data ownership and transparency. On one hand, the decentralized nature of blockchain allows for greater transparency and immutability, challenging the control of data by centralized powers. However, individuals also have a rightful desire for personal ownership and autonomy over their
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Recently, Ripple’s XRP faced a significant drop of 20% in response to a market downturn that saw the global cryptocurrency market capitalization drop to $2.4 trillion. This decline led to multi-million liquidations, especially impacting long traders. Despite the drop in XRP’s value, some analysts believe that this presents a buying opportunity rather than a reason
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