The House Financial Services Committee has opposed the proposed Securities and the Exchange Commission(SEC) Staff Accounting Bulletin 121(SAB 121), a regulation that has become a heated ‘bone of contention’ between the financial and cryptocurrency groups. Consequently, the committee’s vote to advance a resolution disapproving of SAB 121 marks a significant step towards altering the landscape […]
Dogecoin Whales Shift 276M DOGE Sparking Speculation, $1 Rally Hits A Wall?
In an intriguing turn of events, following a substantial rally witnessed by Dogecoin recently, three noteworthy whale transactions surfaced across the broader crypto market, showcasing the reshuffling of a staggering 276.06 million DOGE. These transactions promptly gained significant traction among crypto market fanatics globally as DOGE’s run past the $0.1 mark painted a bullish climate […]
Binance User DoomXBT Victim of $70K Digital Asset Theft
A crypto trader known as “DoomXBT” reported a significant breach in his Binance account, resulting in the loss of $70,000 in digital assets. This breach underscores the growing concerns over digital asset security, even among platforms like Binance with robust security measures. Unauthorized Transactions Unraveled DoomXBT agony started on the 29th of February when they […]
Crypto Mining Data Collection Halted by US Administration Amid Ongoing Lawsuit
The US Energy Information Administration (EIA) has decided to stop the data collection about energy consumption during crypto mining activities. The decision comes after a lawsuit was filed by industry participants including The Texas Blockchain Council and Riot Platforms to stop the data collection. US EIA to Stop Survey on Energy Consumption During Crypto Mining […]
Dogwifhat (WIF): BitMEX’s Arthur Hayes Predicts WIF Price To Hit $2
In the realm of cryptocurrency, Dogwifhat (WIF), the Solana-based meme coin has emerged as a standout performer, captivating the attention of investors with its meteoric rise. Adding fuel to the fire, BitMEX CEO Arthur Hayes has boldly predicted that WIF’s price will soar to $2, further fueling excitement within the crypto community. Notably, the prediction […]
Who Let the Dogs Out? What Dog-Themed Meme Coins are Rallying?
As the crypto market continues to surge, one question dominates the conversation: Who let the dogs out? This week, the spotlight is on dog-themed meme coins, which have showcased remarkable performance in the ever-evolving landscape of cryptocurrency. Alongside the traditional heavyweights of Bitcoin and Ethereum, meme coins have soared to new heights, indicating a resurgence […]
Blockchain Co Canaan Gets Wall Street’s Confidence with Expected Stock Surge
Blockchain and crypto-based stocks have performed exceptionally well since the surge in Bitcoin prices. Apart from viewing others as a good opportunity, Wall Street is exceptionally bullish on one. According to a recent Nasdaq report, Wall Street has taken a positive tone for Canaan Inc., with an expectation of around a 10% stock surge. Canaan […]
AI News: Paris Olympics to Feature AI-Based Security Surveillance
Artificial Intelligence (AI)-powered surveillance cameras that would be used at the Olympic Games are currently undergoing testing. AI-Powered Camera Entering Testing Phase Ahead of Paris Olympics Per a report from The Telegraph, the upcoming Paris Olympics plans to feature a controversial AI-powered camera that is capable of detecting up to eight disturbances during the games. […]
Ethereum’s Vitalik Buterin Hails Reddit IPO, But Says “This Make Me Sad”
Ethereum co-founder and developer Vitalik Buterin on Monday praised Reddit for its decision to embrace contributor ownership in the upcoming initial public offering (IPO). However, he is disappointed about the limitations imposed by U.S. regulations on Reddit’s contributors. Vitalik Buterin Points Out Major Disadvantage amid Reddit IPO Crypto enthusiasts and investors worldwide contribute to Reddit […]
Taiwan Puts Bitcoin ETF under Watch; People to Resume Buying Overseas ETF?
In Taiwan, where new legislation is about to be proposed by the government and regulators, Bitcoin ETF may become increasingly prevalent. According to a translated version of local media reports, The Financial Supervisory Commission (FSC) of Taiwan will keep Bitcoin ETFs under supervision to assess their potential and public demand. The FSC eventually plans to […]