A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset regulations. The bill proposes forming a Joint Advisory Committee to unite both agencies and […] Source: https://news.bitcoin.com/new-bill-seeks-collaboration-between-sec-and-cftc-on-digital-assets/
Month: September 2024
Free online service model might be coming to an end—Mental Outlaw
According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market. Source: https://cointelegraph.com/news/free-online-service-model-ending-mental-outlaw?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC
Over the past week, the stablecoin market has expanded by $1.39 billion. Once again, tether (USDT) took the lead, with its supply increasing by 610 million USDT during the last seven days. Stablecoin Market Continues to Climb Though the pace has slowed, the stablecoin market keeps inching upward every week. On Sept. 7, the fiat-backed […] Source: https://news.bitcoin.com/fiat-pegged-crypto-market-expands-by-1-39b-in-past-week-led-by-usdt-and-usdc/
VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore
PRESS RELEASE. [Singapore, 2024] – The much-anticipated VC Founders Summit is set to take place on September 21st, bringing together venture capitalists, industry leaders, and innovators to shape the future of investment and entrepreneurship. As a dynamic side event of the renowned Token2049 conference, and coinciding with the excitement of Singapore Formula One Week, this […] Source: https://news.bitcoin.com/vc-founders-summit-the-largest-convergence-of-investors-and-founders-set-to-take-place-in-singapore/
KuCoin Cares Extends up to 10,000 KCS Humanitarian Aid to Typhoon Yagi Victims in Vietnam
VICTORIA, Seychelles, Sept. 14, 2024 /PRNewswire/ — In a prompt response to the devastating impact of Typhoon Yagi in Northern Vietnam, KuCoin is committed to airdropping up to 10,000 KCS to support the communities affected by the disaster. This donation is designed to provide immediate aid and support the recovery efforts of those impacted. KuCoin will use backend access logs…
Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes
An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case where an account was frozen due to a cryptocurrency investigation. The court stressed that freezing accounts entirely disrupts livelihoods and called on investigative agencies to […] Source: https://news.bitcoin.com/indian-court-bars-police-from-freezing-entire-bank-accounts-in-crypto-fraud-probes/
Magic Eden Having ‘Best Year Ever’ Despite NFT Market Slump: CEO
While the NFT market has lost considerable steam since peaking two years ago, the marketplace Magic Eden has been reaching new heights on its own, according to CEO Jack Lu. “Even though the overall market has been a bit soft, the year has been pretty good for Magic Eden,” he said in an interview with Decrypt (video below). “2024 has actually…
Can Bitcoin price overcome the $60K 'double breakout' zone?
Bitcoin optimism is increasing as charts flag a turnaround which hinges on BTC price strength holding the $60,000 zone. Source: https://cointelegraph.com/news/bitcoin-price-60k-double-breakout-zone?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bit2me Secures Virtual Asset Service Provider License in Argentina
Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors and Argentine financial institutions. The move is part of Bit2me’s broader strategy to expand its presence […] Source: https://news.bitcoin.com/bit2me-secures-virtual-asset-service-provider-license-in-argentina/
What Is ‘Eve Frontier’? CCP’s Space Survival Game on Ethereum
Legendary game developer CCP Games this week lifted the lid on Eve Frontier, a space survival game set in the Eve Online universe that features blockchain integration. Initially referred to as Project Awakening, Eve Frontier appears to have a lot of similarities to the massive Eve Online game, but with more of a survival focus—and the ability to use crypto…