The cryptocurrency community is abuzz following Jesse Powell’s endorsements of Brian Brooks, the former acting US Comptroller of the Currency, as a viable candidate for the role of Chair of the Securities and Exchange Commission (SEC). In a recent post, Powell praised Brooks for his comprehensive knowledge not only in the realm of cryptocurrency but
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Samuel Edyme, better known by his intriguing nickname, HIM-buktu, stands as a multifaceted figure within the rapidly evolving world of Web3. His role as a content writer and journalist, coupled with aspirations in trading, has positioned him as a notable voice in an industry often characterized by hype and volatility. But Edyme’s entry into this
The recent announcement from Binance regarding its new token, BFUSD, has generated a considerable amount of buzz within the cryptocurrency community. Promising an annual percentage yield (APY) of 19.55%, BFUSD is being positioned as a new type of asset that diverges from traditional stablecoins. Unlike established options, BFUSD allows users to earn daily rewards just
Cardano (ADA) has recently distinguished itself in the cryptocurrency landscape, exhibiting remarkable resilience amid a bearish market trend. Early Wednesday, the digital asset surged to a noteworthy 18-month peak of $0.80, showcasing a robust 4.1% increase within the day. This performance is particularly impressive given that the global crypto market cap was down by 1.2%
Bitcoin has recently captured the attention of traders and investors alike, with its price movements leading to the formation of a bullish symmetrical triangle. This technical formation is often a precursor to powerful price shifts, typically indicating that a breakout is imminent. Following the cryptocurrency’s record-breaking high of $93,477 on November 14, Bitcoin’s price has
In a significant shift in the cryptocurrency market, Coinbase recently announced that it will disable Wrapped Bitcoin (WBTC) trading pairs on its exchange and Prime platforms as of December 19. This decision, explained in a November 19 statement, stems from WBTC’s failure to align with Coinbase’s stringent listing standards. Despite this development, users retain the
In recent years, the gaming industry has undergone a significant transformation with the emergence of play-to-earn (P2E) models. This innovative approach allows players to earn tangible value from their in-game activities, effectively merging the realms of entertainment and economic opportunity. Unlike traditional gaming, where player efforts are seldom rewarded with real-world value, P2E gaming leverages
Heather Morgan, who gained notoriety under her rap alias “Razzlekhan,” was sentenced to 18 months in prison for her significant role in a notorious cryptocurrency crime. This incident, notorious for its audacity and scale, involved the laundering of funds taken during the 2016 Bitfinex hack, a breach that initially saw approximately 120,000 Bitcoins stolen. Morgan
In an exciting development for the Web3 gaming landscape, Immutable has forged a strategic partnership with Yield Guild Games (YGG) that promises to reshape how players interact with blockchain games. With a commitment to distribute $1 million in questing incentives, this collaboration seeks to enhance accessibility and rewards for players, developers, and gaming guilds alike.
As the United States prepares to transition to a new administration, the intersection of politics and cryptocurrency has come to the forefront. Brian Armstrong, CEO of Coinbase, is reportedly gearing up for a private discussion with President-elect Donald Trump, which could have significant implications for governance within the crypto sector. The Wall Street Journal has
