Month: March 2024

A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities transactions. This decision emerged from an insider trading case involving crypto exchange Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend […] Source: https://news.bitcoin.com/us-judge-backs-sec-trading-of-certain-cryptocurrencies-on-secondary-markets-are-securities-transactions/

The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the regulatory framework for crypto assets, with SEC Commissioners Hester Peirce and Mark Uyeda voicing their dissent and concerns about the SEC’s current approach toward crypto […] Source: https://news.bitcoin.com/sec-charges-shapeshift-with-regulatory-violations-sparking-debate-on-crypto-regulation/

As bitcoin’s value teeters on the brink of setting new price records, a significant batch of vintage bitcoins dating back from 2010 to 2017 has been transferred for the first time since their initial creation. Present data reveals that in the opening week of March 2024, a total of 4,237.73 ancient bitcoins, valued at over […] Source: https://news.bitcoin.com/the-march-revival-unprecedented-movement-of-early-bitcoin-hoards-move-for-the-first-time-in-years/

The Runestone, the largest ordinal inscription by block size, is up for auction, NFT historian Leonidas said on Wednesday. According to Leonidas, the current highest bid for the Runestone inscription 63,140,674 is 0.26 BTC, around $17,261.61 on the Ord City marketplace. Leonidas said all of the proceeds from this auction will cover the Bitcoin network fees associated with the Runestone…

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PRESS RELEASE. Game-changing capital formation platform Bionic DAO today unveiled a list of the big-name sector leaders who have agreed to join its new Advisory Board ahead of the platform’s launch in Spring 2024. The stellar list of names signing up to support Bionic DAO, one of the year’s most eagerly anticipated Web3 projects, has […] Source: https://news.bitcoin.com/a-whos-who-of-web3-sectors-biggest-names-sign-up-to-bionics-advisory-board/

Degens who caught the newest meme coin sensation—called “Jeo Boden”—early Tuesday are currently sitting on well over 100x returns. And now there’s a slew of copycat coins based on other politicians and public figures. Solana has been the go-to destination for degens looking to gamble on meme coins this cycle, and that doesn’t appear to be slowing down. The newest…

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According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchain. The address, purportedly belonging to Ethereum’s co-founder Vitalik Buterin, currently possesses 955.58 ether, estimated at $3.64 million. ‘Vitalik.eth’ Wallet Makes Strategic $100K […] Source: https://news.bitcoin.com/vitalik-buterins-ens-address-trades-100k-worth-of-eth-for-stablecoins-amid-market-uptick/

A bill before the Arizona state senate would encourage the state’s portfolio of retirement plans for government workers to include Bitcoin ETFs. Adoption of the digital asset is proposed in Senate Concurrent Resolution 1016, introduced by state Sens. Jake Hoffman and Warren Petersen along with Rep. Joseph Chaplik. The non-binding resolution highlights the explosive market interest in Bitcoin and Bitcoin…

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A female-targeted ad campaign centered around International Women’s Day backfired on Binance Wednesday, with many in the crypto community mocking the stunt, and others lampooning it as clumsy and even sexist. The campaign, teased yesterday and launched this morning, centers on a perfume created by the crypto exchange’s marketing team dubbed “CRYPTO,” or “Eau de Binance.” The scent was created…

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Island-hopping sandbox title Nifty Island has only been live for a few weeks, but the Web3 gaming world is already talking up a storm about its combination of building tools and user-created games. Decrypt’s own initial hands-on review said that Nifty Island’s beta release was, “living up to my expectations and exceeding them in some ways,” highlighting its “flexibility, simplicity,…

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