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Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate

July 31, 2024 by

The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin’s total supply as a strategic reserve asset.

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BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring

July 31, 2024 by

The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.

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OpenAI finally launches ‘Advanced Voice Mode’ to select ChatGPT users

July 31, 2024 by

Early previews of the tech were remarkable, but fears remain over its potential misuse.

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Stablecoin growth soars as crypto global mass adoption ramps up

July 31, 2024 by

Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.

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'Whales are preparing for the next altcoin rally' — CryptoQuant founder

July 31, 2024 by

According to pseudonymous crypto trader Mags, the altcoin market broke out after 525 days of accumulation and will likely resume an uptrend.

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How low can the Bitcoin price go?

July 31, 2024 by

Bitcoin’s latest rejection at $70,000 has presented some support levels below where a BTC price downtrend might stop.

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USDC trading volume soars 48% in July, driven by MiCA, market growth

July 31, 2024 by

The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.

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Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter

July 31, 2024 by

Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.

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Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal

July 31, 2024 by

Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.

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US Copyright Office reports ‘urgent need’ for protection from deepfakes

July 31, 2024 by

The Office is calling for the creation of a new law to deal with digital replicas.

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Regulators are misguided in efforts to restrict open-source AI

July 31, 2024 by

Lawmakers in Europe and California are worried about that open-source AI is “dangerous.” On the contrary — there is nothing dangerous about transparency.

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Bybit introduces Indian digital rupee CBDC payment option

July 31, 2024 by

The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.

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Price analysis 7/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

July 31, 2024 by

Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it’s too early for traders to expect a short-term trend reversal.

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Hashrate recovery reduces Bitcoin miners’ selling pressure in July

July 31, 2024 by

Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.

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Arthur Hayes reveals philosophy behind ‘Airheads’ Ordinals collection

July 31, 2024 by

Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.”

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Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’

July 31, 2024 by

We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.

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Tether reports record-breaking $5.2B profit in first half of 2024

July 31, 2024 by

Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.

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Biden adviser who attended crypto roundtable joins pro-Harris Super PAC

July 31, 2024 by

The Future Forward PAC has previously accepted donations from former FTX CEO Sam Bankman-Fried, which may be subject to forfeiture.

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Daylight secures $9M funding for distributed energy, testnet launch

July 31, 2024 by

Daylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors.

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Bitcoin traders see $63K sweep with FOMC, BTC price monthly close next

July 31, 2024 by

BTC price volatility begins ahead of key US macro pointers from the Federal Reserve, with traders hoping that Bitcoin will sweep liquidity lower in its range.

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‘Elon Musk at Bitcoin 2024’ scam, Lazarus Group hacks, MOG phishing: Crypto-Sec

July 31, 2024 by

Deepfake Elon Musk Bitcoin 2024 livestream, MOG holder phished for $148K, stupid ransomware backdoor in ESXi server software. Crypto-Sec.

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How Tron’s upgrades are reshaping the digital economy: Report

July 31, 2024 by

Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements.

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Yield-bearing Treasury-backed stablecoin USDY launches on Aptos

July 31, 2024 by

Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.

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Sky Mavis co-founder breaks down Ronin’s surge in active users

July 31, 2024 by

Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.

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Crypto PACs are spending big on US elections — What it means for the industry

July 31, 2024 by

Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.

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OpenAI backs Senate bills to advance AI safety and accessibility

July 31, 2024 by

OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress.

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EU AI Act comes into effect — Here’s what to expect

July 31, 2024 by

The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations.

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India’s Web3 alliance tightens cybersecurity after Wazirx attack

July 31, 2024 by

The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.

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Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca

July 31, 2024 by

After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP.

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$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’

July 31, 2024 by

Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country.

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