Month: June 2024

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt The recent craze surrounding celebrities and meme coins shifted into high gear this week, with a grab bag of influencers and…

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Former U.S. President Donald Trump expressed support for the bitcoin mining industry, advocating for producing the remaining bitcoin in the U.S. to enhance national energy dominance. Vietnam sees increased interest in gold bullion purchases due to favorable prices at state-owned banks. New York Attorney General Letitia James takes legal action against crypto pyramid schemes targeting […] Source: https://news.bitcoin.com/trump-champions-bitcoin-mining-vietnamese-increase-gold-buying-and-more-week-in-review/

The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked significant concerns among privacy advocates and legal experts, who warn of an unprecedented expansion of government monitoring over financial transactions. SEC’s CAT Sparks Privacy Concerns and Legal Challenges Recent developments, such as the SEC implementation of the Consolidated […] Source: https://news.bitcoin.com/experts-warn-secs-consolidated-audit-trail-is-unconstitutional/

Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to revitalize Bitcoin’s developer community. What Are Bitcoin Ordinals? In simple terms, Bitcoin Ordinals are digital collectibles created by […] Source: https://news.bitcoin.com/an-introduction-to-bitcoin-ordinals/

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty […] Source: https://news.bitcoin.com/tech-entrepreneur-suggests-mainstream-companies-may-have-adopted-nft-loyalty-programs-prematurely/

In a series of recent social media posts, American professional boxer Ryan Garcia hinted at the creation of his own meme coin. “Whatever coin I create I will go hard asf,” Garcia stated in one post, indicating his commitment to the project. In a subsequent post, he added, “When I drop this meme coin, it’s […] Source: https://news.bitcoin.com/boxing-sensation-ryan-garcia-teases-the-launch-of-his-own-meme-coin/

In a significant move towards embracing digital assets, Turkish bank Garanti BBVA has launched a crypto wallet and trading platform, “Garanti BBVA Crypto”. This platform allows customers to trade and store BTC, ETH, and USD Coin (USDC) seamlessly via the bank’s mobile app. The bank is also set to introduce the Bonus Platinum Biometric Card […] Source: https://news.bitcoin.com/turkish-bank-garanti-bbva-embraces-digital-assets-with-new-crypto-wallet-and-trading-platform/

Malaysia’s Inland Revenue Board (IRB), in collaboration with the Royal Malaysia Police and Cybersecurity Malaysia (CSM), recently launched a special operation codenamed “Ops Token” to tackle tax revenue losses from cryptocurrency trading. The initiative, involving 38 personnel, was executed across 10 locations in the Klang Valley. This region encompasses the federal territories of Kuala Lumpur […] Source: https://news.bitcoin.com/malaysia-launches-special-operation-to-crack-down-on-crypto-tax-evasion/