Solana’s new Seeker device will be a “rewards magnet” like the Saga, but it’s not just a “memecoin phone,” says Solana Labs General Manager Emmett Hollyer. Source: https://cointelegraph.com/news/solana-unveils-seeker-smartphone-upgrade-to-saga?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Crypto scammers orchestrate massive hack on X but barely made $8K
The scammers breached countless X accounts to shill the memecoin, but they didn’t even make enough to buy a Toyota Corolla. Source: https://cointelegraph.com/news/crypto-scammers-huge-hack-pump-memecoin-making-8k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes […] Source: https://news.bitcoin.com/south-korea-hong-kong-lead-crypto-market-growth-in-east-asia/
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing forward. The U.S. remains lagging behind Europe and […] Source: https://news.bitcoin.com/global-surge-in-cbdc-development-134-countries-now-exploring-digital-currencies/
‘Silly’ to shade Ethereum, the ‘Microsoft of blockchains’ — Bitwise exec
Ethereum is still home to the most active crypto developers and is the most attractive chain to build applications on top of for big companies, argues Bitwise’s Matt Hougan. Source: https://cointelegraph.com/news/ethereum-haters-look-silly-bitwise-cio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Oh It Did Go Through!’: Bitcoin Boosters Get Trump to Buy Burgers With BTC
Days after announcing the launch of decentralized finance (DeFi) platform World Liberty Financial during an interview with Decrypt sister company Rug Radio, former U.S. President Donald Trump used Bitcoin to buy burgers during a stop at PubKey Bitcoin bar in Manhattan on Wednesday. Bitcoin backers at the bar helped Trump with the process, which included scanning a QR code with…
Louisiana takes first crypto payment over Bitcoin Lightning
Louisiana is now taking crypto payments for state services, and its Wildlife and Fisheries Department has just taken the government’s first crypto payment. Source: https://cointelegraph.com/news/louisiana-accepts-first-crypto-payment-bitcoin-lightning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under […] Source: https://news.bitcoin.com/us-lawmakers-call-for-clear-sec-rules-on-digital-asset-airdrops/
Robert Kiyosaki: Bitcoin Price ‘About to Explode’ as Fed Cuts Rates
Rich Dad Poor Dad author Robert Kiyosaki believes that bitcoin’s price is “about to explode” as the Federal Reserve cuts interest rates. He predicted that as interest rates drop, investors should abandon “fake assets” and turn to real ones like bitcoin, gold, and silver. Kiyosaki also highlighted rising inflation, warning of its impact on retirees […] Source: https://news.bitcoin.com/robert-kiyosaki-bitcoin-price-about-to-explode-as-fed-cuts-rates/
‘Parallel’ Ethereum Game Studio Reveals Shooter on Base Network B3
The makers of Ethereum NFT card game Parallel—which hit the Epic Games Store in June—are rolling onto yet another new project, announcing a 3D first-person shooter game codenamed “Project Tau Ceti” at Token2049 in Singapore on Wednesday. In Tau Ceti, players will battle across a sci-fi planet using their Parallel NFT avatars. Unlike the upcoming AI-centric game Colony, which will…