The Financial Innovation and Technology for the 21st Century (FIT21) Act has been a hot topic of discussion within the cryptocurrency industry. The bill, which aims to provide regulatory clarity to the crypto market, has faced intense criticism from Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC). Gensler expressed strong opposition
The recent announcement by the Trump campaign to accept cryptocurrency donations marks a significant shift in the political landscape. This move is seen as a reflection of Trump’s stance on valuing “freedom over socialistic government control.” By embracing cryptocurrency, the campaign is tapping into a new form of fundraising that goes beyond traditional methods. The
Citizen Conflict Alpha 5, developed by QORPO Game Studio, has recently launched a highly anticipated update that is set to revolutionize the gaming experience. One of the biggest additions to this update is the introduction of a play-to-earn (P2E) campaign. This new feature allows players to earn up to 300,000 QORPO tokens while playing the
Uniswap Labs has taken a strong stance against the SEC’s attempts to regulate decentralized finance (DeFi), stating boldly that the agency’s efforts are misguided and legally unsound. In a recent blog post, the company expressed confidence that it is on the right side of history and asserted that the SEC should not be wasting taxpayer-funded
In the midst of the presidential election season, the cryptocurrency world has witnessed the emergence of Donald Trump tokens gaining traction in the decentralized exchange (DEX) markets. A prime example of this phenomenon is the recent surge of a new Solana meme coin named ‘Super Trump,’ which has quickly climbed to the top of the
In a remarkable show of confidence, institutional investors have doubled down on Bitcoin with investment funds related to the cryptocurrency experiencing massive inflows. Recent data from CoinShares’ latest weekly report reveals that Bitcoin investment products saw a net inflow of $942 million. This surge in investment is attributed to an immediate reaction to the lower-than-expected
Peter Schiff, a well-known gold bug, has once again voiced his skepticism towards Bitcoin, this time cautioning investors about the potential negative impact a greenlight from the US Securities and Exchange Commission for spot Ethereum ETFs could have on the leading cryptocurrency. The cryptocurrency industry saw a surge of excitement this year with the approval
The recent surge in Bitcoin and Ethereum prices has not been without casualties. Short-term traders, in particular, have been hit hard by liquidations as prices continue to climb. In the last 24 hours, over $330 million was liquidated from the crypto market, with the majority of these losses coming from short traders who bet on
Recently, Gala Game, a Web3 gaming project, fell victim to a security breach in which an unknown attacker exploited a compromised or rogue admin address to mint 5 billion GALA tokens, amounting to over $200 million. This incident led to the unauthorized sale of 600 million tokens valued at $29 million on Uniswap, a decentralized
Polimec, a decentralized and community-driven funding protocol, has made its debut on the Polkadot network. This innovative platform is set to redefine the way Web3 projects secure capital and issue tokens, offering a transparent and regulatory-compliant environment for investors and startups globally. The launch of Polimec marks a significant advancement in Web3 fundraising engagement. By