A bill has been passed in the city of Porto Alegre, Brazil, recognizing May 22 as Bitcoin Pizza Day. The mayor of the city, Sebastiao Melo, approved the law at the end of August. The bill was drafted by councilors Jesse Sangalli and Alexandre Bobadra, who were inspired by lectures they attended at the Bitcoin […]
Michael J. Saylor, co-founder of Microstrategy, believes that Bitcoin (BTC) could be the solution to Lebanon’s financial crisis. The country’s currency has lost 96% of its value against the US Dollar, leading to hyperinflation and banks imposing restrictions on dollar withdrawals. Saylor claims that commercial banks have failed Lebanon, and he sees Bitcoin as a […]
Taiwanese prosecutors have identified two new suspects in the ongoing investigation of the JPEX scandal. Chang Tung-Ying, the chief partner of JPEX’s Taiwan Office, and JPEX lecturer Shih Yu-sheng are now under scrutiny for alleged fraud. The Taipei District Prosecutors Office has formally requested their custody, citing violations of the Banking Act and the Money […]
Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes at a time when global venture capital investments in crypto firms have seen a significant decline. The fund has attracted participation from notable investors such as Block.one, Pacific Century Group, Winklevoss Capital, […]
Bitcoin experienced significant price fluctuations in the past week, driven by rumors surrounding the approval of a Bitcoin ETF. The price surged to $30,000 on Monday due to reports suggesting that the SEC had approved BlackRock’s iShares Bitcoin ETF. However, these reports were quickly debunked, and the price retreated to previous levels. The crypto market’s […]
Uniswap Labs, the entity behind one of the most popular decentralized exchanges, has announced the introduction of a 0.15% interface fee on certain token swaps. This fee will impact trades involving specific tokens, but stablecoin swaps and trades between ether and wrapped ether will remain exempt. The founder of Uniswap, Hayden Adams, stated that the […]
Uniswap Labs, the entity behind one of the most popular decentralized exchanges, has announced the introduction of a 0.15% interface fee on certain token swaps. This fee will impact trades involving specific tokens, but stablecoin swaps and trades between ether and wrapped ether will remain exempt. The founder of Uniswap, Hayden Adams, stated that the […]
A former president of the New York Stock Exchange (NYSE), Tom Farley, is making a bold move to revive the bankrupt cryptocurrency exchange FTX. Through his technology firm Bullish, Farley is participating in an auction to acquire the remnants of FTX. The auction has attracted significant interest, with three primary contenders remaining: Bullish, fintech startup […]
Asset management giant BlackRock has taken a significant step towards launching an exchange-traded fund (ETF) based on the cryptocurrency ether. The company’s iShares division has registered the iShares Ethereum Trust with the state of Delaware, following a similar approach taken earlier this year with a Bitcoin-based ETF. This move suggests that BlackRock is preparing to […]
Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the agency is open to the possibility of the exchange resuming operations. Following Gensler’s comments at the DC Fintech Week conference, the native token of FTX, FTT, has experienced a significant price surge of 90%. Gensler responded to a question about former New York […]
