Day: 31 October 2024

As cryptocurrency continues to reshape finance, projects like Qubetics, Cronos, and MinePro are standing out. Each brings a unique focus to the evolving landscape, offering innovative pathways within blockchain technology, from secure transactions to eco-friendly mining. While each is noteworthy, Qubetics has recently captured significant investor attention through a promising ...

MicroStrategy, the largest corporate holder of Bitcoin, has announced a plan to raise $42 billion in capital over the next three years to expand its Bitcoin reserves as part of its new "21/21 Plan." This plan, named for its objective of raising $21 billion each from equity sales and fixed-income ...

The United States Securities and Exchange Commission (SEC) has officially acknowledged NYSE Arca's application to convert Grayscael's Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF). The NYSE's application seeks to transform the GDLC—a fund that includes major digital assets such as Bitcoin, Ethereum, Solana, XRP, and Avalanche—into an ...

Arthur Hayes, the founder of BitMEX and CIO of Maelstrom, has challenged the widespread belief that former U.S. President Donald Trump supports Bitcoin. During a recent interview with Channel News Asia, Hayes declared that if Trump were to be re-elected, his administration would likely not favour Bitcoin through direct regulation ...

The U.S. is seeing a decline in its share of global crypto developers, and industry stakeholders are raising concerns about its competitive position in the blockchain industry. According to Maria Shen, general partner at blockchain venture firm Electric Capital, the U.S. now accounts for just 18.8% of global crypto developers. ...

The TRON DAO has announced a strategic partnership with Chainlink through the Chainlink SCALE program. As part of this partnership, TRON will integrate Chainlink's decentralized Data Feeds across its blockchain, replacing its current oracle provider, WINkLink. This move is expected to bolster TRON's nascent DeFi ecosystem, which includes key platforms ...

The Netherlands' central bank, De Nederlandsche Bank, has imposed a €2.2 million ($2.4 million) fine on Bybit for providing crypto services in the country without proper registration. The penalty addresses Bybit's non-compliance with regulations aimed at preventing money laundering and terrorist financing. According to the Bank, the €2.2 million fine ...

The Monetary Authority of Singapore (MAS) has launched the Global Finance and Technology Network (GFTN) as part of the second phase of its fintech growth strategy to position Singapore as a global leader in financial innovation.  On October 30, the GFTN announced that it will take over from Elevandi, a ...

Several leading crypto companies and venture capital firms, including Coinbase, Andreessen Horowitz (a16z), Multicoin Capital, and Paradigm, have backed a Texas apparel company, Beba, and the DeFi Education Fund (DEF) in their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).  The firms filed an amicus brief on ...

In the fast-paced world of cryptocurrency, every new year brings fresh opportunities, advancements, and high-ROI potential. As blockchain technology accelerates into 2024, investors closely watch select coins that stand out for their unique features and transformative potential. One name in particular—Qubetics—is capturing headlines with its groundbreaking presale, asset tokenisation capabilities, ...