Day: 13 May 2024

El Salvador has recently unveiled its proof-of-reserves platform, a website that allows for real-time monitoring of the nation's Bitcoin holdings through on-chain data. The website is hosted at bitcoin.gob.sv, and it offers tools to obtain insights into the country's cryptocurrency reserves. The South American country currently holds about 5,748 BTC, ...

The competition among cryptocurrency exchanges in South Korea is intensifying as the adoption of crypto-staking services gains momentum. According to a new report by The Korea Times, the introduction of staking services has expanded the scale of staking into trillions of dollars, with exchanges vying to capitalise on this growing ...

Metaplanet, a publicly traded investment firm based in Tokyo, has recently announced a strategic shift in its treasury management strategy, opting for a Bitcoin-first and Bitcoin-only approach.  “This move is a direct response to sustained economic pressures in Japan, notably high government debt levels, prolonged periods of negative real interest ...

In a scathing critique of the U.S. Securities and Exchange Commission (SEC), billionaire investor and entrepreneur Mark Cuban accused the regulatory agency, led by Chair Gary Gensler, of intentionally stifling innovation and growth in the cryptocurrency industry. Cuban's remarks, shared on the social media platform X, highlighted the growing tensions ...

Uniswap's founder, Hayden Adams, has suggested that U.S. President Joe Biden and Democrats must quickly change their stance on cryptocurrencies and related technologies.  In a recent statement, Adams emphasized the growing importance of crypto in the political landscape, particularly as Republicans increasingly embrace digital assets as a critical campaign issue. ...

NFT project Pudgy Penguins sold over one million of its physical toys in the past year, according to Luca Schnetzler, its CEO. This figure marked a significant milestone for the project following its rocky beginnings, including a controversy in which one of its founders and former leaders was accused of ...