Quick Look
What happened in crypto this week
It’s been a busy week in crypto, from payments processor Stripe’s acquisition of stablecoin platform Bridge to Ripple’s co-founder...
WSJ Report Claims Tether Faces US Federal Inquiry on Alleged AML Charges
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency...
Valhalla Partners with Hong Kong International Cricket Sixes for a Thrilling Comeback
Miami, Florida, October 25th, 2024, Chainwire Valhalla, Floki’s PlayToEarn Massively Multiplayer Online Role-Playing Game (MMORPG)...
Microsoft’s Surprising Stance on Bitcoin as a Treasury Asset – Why They’re Saying No
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin...
Microsoft Shareholders to Vote on Bitcoin in December
Microsoft shareholders will vote on assessing investing in Bitcoin, amongst a number of topics, at the annual shareholders meeting...
Tether Proposes Establishing Tokenized Boron Commodity Markets in Turkey
Tether is reportedly seeking to expand its operations into tokenization markets in Turkey. According to sources familiar with the...
Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling
Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C...
Russian Banks Baulk at Digital Ruble Implementation Costs
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating...
Why experts are backing cryptos like Vantard, MEW, and Popcat
Cryptocurrency prices are doing well this year, with most of them outperforming traditional assets like the S&P 500, Nasdaq...
Buenos Aires Implements Self-Sovereign Decentralized Blockchain ID Initiative
Buenos Aires’ Innovation and Transformation Secretary, Diego Fernandez, confirmed that Quarkid, a self-sovereign...
Blockchain Life 2024 gathered the leaders of the crypto community from 120 countries in Dubai
The 13th edition of the Blockchain Life Forum, the premier gathering for cryptocurrency leaders worldwide, recently concluded with...
Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity
In a new update from Arkham Intelligence, it seems that crypto wallets linked to the U.S. government may have been compromised,...
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing...
Massive Turnout at BRICS Summit Proves West’s Strategy to Isolate Russia Failed
Western efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared....
Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto...
Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to...
Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook
Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory....
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to...
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report....
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of...
Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the...
Number of Bitcoin whales surge higher, investors target Vantard
TL;DR The number of Bitcoin whales owning at least 1,000 BTC jumped to 1,678 early this week, reaching the highest since January...
Vantard’s Initial Presale Sells $500K Instantly: Next Round Opens Today
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale,...
Pennsylvania House passes bipartisan Bitcoin bill
Pennsylvania House of Representatives have passed “The Bitcoin Rights Bill”, with a bipartisan majority of 176 to 26. The bill...
Former US Federal Agent Freed From Nigerian Prison After 8 Months
Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges...
BingX Restores Full Operations and Unveils “ShieldX” for Enhanced Security
Vilnius, Lithuanian, October 24th, 2024, Chainwire BingX, a global leading cryptocurrency exchange, has fully restored its...
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a...
GOAT token soars as Binance lists perpetual contract
Binance launches GOAT perpetual contract with 75x leverage. GOAT meme token jumped 18% to $0.88 amid several other exchange...
Vintage 2011 Bitcoin Wallet Moves $10M, Linked to All of October’s 2011 Spends
On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over...
Popcat climbs to all-time high as meme coins surge
Popcat rose more than 10% to hit a new all-time high of $1.67. The cat-themed meme coin’s surge coincides with an uptick for most...
Bitcoin.com Enhances Cross-Chain Swaps on Verse DEX With deBridge Integration for Faster, More Efficient Trading
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has announced a significant upgrade to the cross-chain swap...
Investors flee Ripple (XRP) for Rexas Finance (RXS) after major CoinMarketCap listing
Ripple (XRP) has been a player in the crypto world for quite some time, as it is recognized for cross-border payments and global...
Free Market Capitalism vs. Crony Capitalism: Unveiling the Key Differences
Capitalism, in its purest form, is often misunderstood, mainly due to the presence of government intervention in today’s economies....
Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind
Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but officials stress...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such...
Ripple CEO endorses Republican John Deaton in Senate race against Elizabeth Warren
Ripple CEO Brad Garlinghouse endorses John Deaton against Senator Elizabeth Warren. Deaton has strong pro-crypto advocacy; Warren...
Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive...
Uniswap has launched permissionless bridging across nine networks
Uniswap launched permissionless bridging across nine networks for seamless asset transfers. The permissionless bridging, powered by...
New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers...
Peanut releases instant offramp – CoinJournal
London, United Kingdom, October 24th, 2024, Chainwire Peanut launches a beta of the first self-custodial offramp, allowing users to...
Vietnam Unveils Ambitious Strategy to Become Regional Blockchain Hub
The Vietnamese government has unveiled a strategy to make Vietnam a leader in blockchain technology in Southeast Asia. The strategy...
Solana near key level as investors eye Vantard (VTARD)
Solana (SOL) price is above $170 as bulls target key level likely to see SOL push for a new all-time high. Investors quickly...
Say Goodbye to External Bridges: Uniswap’s Newest Feature Is Here
Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks...
Brad Garlinghouse says XRP ETF ‘inevitable’
Ripple CEO Brad Garlinghouse claims an XRP ETF is “inevitable” despite Ripple’s legal issues. Garlinghouse cites the $17 billion...
Arkham Reveals Tesla’s $765M in Bitcoin Still Intact—Here’s What’s Happening
According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the...
Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money...
Legendary trader predicts 6,400% price rally for new altcoin taking on Solana (SOL) and Cardano (ADA)
A renowned trader is predicting a significant 6,400% price surge for Rexas Finance (RXS), a new altcoin challenging both Solana...
Election Day Drama Won’t Be the Only Major Event in November – Here’s Why
With only 15 days left until the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, it’s scheduled to follow just...
Nigerian government drops money laundering charges against Binance executive
Tigran Gambaryan and Binance have been accused of laundering more than $35 million Nadeem Anjarwalla, a colleague of Gambaryan, was...
Ether ETFs Snag Gains While Bitcoin Funds Realize $79M in Outflows
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows....
Nigeria Drops Money Laundering Charges Against Ex-US Federal Agent
The Nigerian government has dropped money laundering charges against jailed Binance executive and former U.S. Federal agent Tigran...
Ex-CEO Charged in Australia With Stealing $1.47M From Customer in Failed Bitcoin Deal
Grant Colthup, the ex-CEO of a defunct Australian cryptocurrency exchange, is facing fraud charges. He’s accused of misusing...
Arkham: Tesla still owns $780m in Bitcoin following wallet movement
Tesla has split the 11,509 Bitcoin across seven wallets Arkham Intelligence said some have speculated that the move was to a crypto...
Linkedin Under Scrutiny for Potential South African Privacy Violations
A South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to...
Iran Urges BRICS to Create Financial System Free From Western Influence
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western...
Peter Todd forced underground after HBO documentary names him Bitcoin’s creator
Peter Todd said he didn’t realize the HBO documentary was trying to unveil the identity of Bitcoin’s creator, but rather go into...
Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead...
Buenos Aires launches QuarkID, a digital identity service using ZK proofs
Buenos Aires has launched a digital identity service called QuarkID that uses zero-knowledge proofs. The service enables privacy by...
Is G20 Losing Relevance? BRICS’ Rise Signals Shift in Global Power
The rapid rise of BRICS is challenging the relevance of the G20 as a global platform, with BRICS nations now surpassing the G7 in...
Decentraland Launches Revamped Virtual World with Enhanced Performance and Future-Ready Architecture
Los Angeles, USA, October 22nd, 2024, Chainwire Decentraland, the first decentralized virtual social world, launched a powerful new...
BRICS Nations in ‘Intense Discussions’ to Develop Common Payment System
BRICS nations are actively discussing the development of a common payment system and the use of national currencies for trade, with...
Avalanche Foundation launches Avalanche Card, a Visa crypto spending card
The Avalanche Foundation has launched the Avalanche Card, a Visa crypto card. The Visa card links to a self-custody wallet and...
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and...
River introduces Bitcoin interest on cash deposits feature
River has announced a new feature dubbed, ‘Bitcoin Interest on Cash’ The product allows customers to get BTC for interest earned on...
‘All Roads Lead to Inflation’ — Why Legendary Investor Paul Tudor Jones Is Betting on Bitcoin
Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with...
Paul Tudor Jones says he’s long gold and Bitcoin
Billionaire Paul Tudor Jones is bullis on gold and Bitcoin. The hedge fund manager told CNBC in an interview that commodities are...
A Major Improvement to Bitcoin Cash Will Smash Developer Bottlenecks
Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal...
Ethereum price: Analyst points to potential short-squeeze
Ethereum price traded near $2,600 as crypto experienced a brief lull. A CryptoQuant analyst says ETH could witness a short squeeze,...
BTC Miner Core Scientific Expands Contract With Coreweave, Eyes $8.7B in HPC Revenue
Core Scientific has revealed that Coreweave has chosen to expand its high-performance computing (HPC) infrastructure by another 120...
Bitget Partners With Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services
Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of...
Is Cardano dead? Trader says Rexas Finance (RXS) could beat ADA in 2025, RXS now listed on CoinMarketCap
Cardano (ADA) was at the center of interest a few years ago, but many investors now wonder if it has lost its ‘wow’ factor. The...
New Cryptocurrency ICO FreeDum Fighters Raises $225,000 In Opening Weekend
The 2024 US Election is almost here, and it’s shaking up the market. Traders are speculating on what the outcome will mean for the...
Phishing ad linked to misspelled Soneium uncovered on Google
Scam Sniffer uncovered the ad on Google, directing users to a phishing website The blockchain security company searched for the...
Bitcoin Self-Custody Calls Intensify as Centralization Grows: ‘No One Is Ready for the Biggest Hack in History’
With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an...
A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks
Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about...
Messari Reports TRON’s Protocol Revenue Reached an All-Time High in Q3 2024
PRESS RELEASE. Geneva, Switzerland, October 22, 2024 – Messari, a leading provider of digital asset market intelligence...
The World’s Largest Bitcoin Conference Makes Middle East Debut in Abu Dhabi With Eric Trump as Keynote Speaker
PRESS RELEASE. The Bitcoin Conference will be held in Abu Dhabi on December 9-10 at the ADNEC Centre, featuring keynote speaker...
Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the...
Bitcoin Dogs game to launch by month end as $0DOG adds 12%
Key takeaways Bitcoin Dogs will launch its game by the end of the month. $0DOG is up 12% in the last 24 hours as it climbs above...
Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected
Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A...
Ripple co-founder donates $10M in XRP to Harris’ campaign, calls for “new approach” to crypto
Chris Larsen donated $9.9 million to PAC Future Forward and $800,000 to the Harris Victory Fund Larsen is one of the crypto...
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations
Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the...
Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar...
Tesla CEO Elon Musk Highlights XRP and Crypto Potential Amid Regulatory Heat
Tesla and Spacex CEO Elon Musk addressed XRP and cryptocurrency during a town hall in Pittsburgh, acknowledging crypto’s...
BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by...
Latam Insights Encore: Brazil Can Lead the Way to Full BRICS De-Dollarization
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week....
JPMorgan’s Bold Call: Why Carry Trades May Be Facing Their Final Days
A new JPMorgan report warns that carry trades are losing effectiveness as global interest rates decline, urging investors to be...
Stripe acquires stablecoin platform Bridge for $1.1 billion
Stripe has closed a $1.1 billion acquisition of stablecoin firm Bridge. The company reestablished support for crypto payments in...
Russian Crypto Miner, Sovereign Fund Aim for Global AI Leadership
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center...
APE price surges after Yuga Labs launches ApeChain
APE price reached highs last seen in April, surging more than 15% in 24 hours to break to $1.66. The ApeCoin price was up more than...