Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility. Source: https://cointelegraph.com/news/savvy-memecoin-trader-earns-988k-despite-rug-pull?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Michael Saylor to Present Bitcoin Investment Proposal to Microsoft Board Amid Shareholder Vote
Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center for Public Policy Research (NCPPR), which has been promoting the proposal. Saylor […] Source: https://news.bitcoin.com/michael-saylor-to-present-bitcoin-investment-proposal-to-microsoft-board-amid-shareholder-vote/
Wrapped Bitcoin in DeFi: Evaluating wBTC, cbBTC and tBTC
Explore how trade-offs between centralization, security, and adoption are shaping wrapped Bitcoin protocols. Source: https://cointelegraph.com/news/wrapped-bitcoin-in-defi-evaluating-wbtc-cbbtc-and-tbtc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinratecap Ends Mining, Set for TGE, Presale
PRESS RELEASE. Coinratecap is happy to announce the end of their mining after several months of mining; we are set for Pre-sale on November 20th, 2024. 10:30 pm UTC. Coinratecap started to empower individuals and crypto enthusiasts by offering transparency, tools, and insights into the market. Right from the beginning, the platform’s focus has been […] Source: https://news.bitcoin.com/coinratecap-ends-mining-set-for-tge-presale/
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong. Source: https://cointelegraph.com/news/hong-kong-cyberport-web3-enterprises-growth-legislative-council?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIS study questions decentralization in DeFi liquidity provision
BIS researchers concluded that liquidity provision is not decentralized apart from its technical implementation. Source: https://cointelegraph.com/news/bis-uniswap-defi-liquidity-centralization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Crypto Cleanup: South Africa’s New Bid to Exit FATF’s Grey List
South Africa’s Financial Intelligence Centre has issued Directive 9, requiring digital asset platforms to collect and store identity information for cryptocurrency transactions. New Rules Force Crypto Platforms to Track User Identities A South African financial intelligence unit has issued a directive obligating digital asset platforms to collect the identities of parties involved in cryptocurrency transactions. […] Source: https://news.bitcoin.com/the-crypto-cleanup-south-africas-new-bid-to-exit-fatfs-grey-list/
Injective Launches Onchain AI Agents for Everyone
Users can design multiple autonomous artificial intelligence (AI) agents using iAgent to achieve specific objectives. One AI Agent to Rule Them All Injective has officially unveiled its latest innovation, iAgent. With the rise of AI agents, iAgent is a software development kit (SDK) that allows users to create and deploy their own onchain AI agents. […] Source: https://news.bitcoin.com/injective-launches-onchain-ai-agents-for-everyone/
13 Regions Face Crypto Mining Ban Under Russia’s New Energy Policies
Russia’s governmental commission on electricity development approved cryptocurrency mining restrictions on Monday, set to take effect on Dec. 1 with subsequent enforcement covering Nov. 15 to March 15 annually through 2031. Deputy Energy Minister Yevgeny Grabchak confirmed the decision, which targets 13 regions, including Irkutsk, Buryatia, and Transbaikal, excluding Moscow. The extended enforcement periods were […] Source: https://news.bitcoin.com/13-regions-face-crypto-mining-ban-under-russias-new-energy-policies/
Grayscale to Launch Bitcoin ETF Options Following BlackRock’s Record Debut
Crypto asset manager Grayscale Investments plans to roll out options trading on its spot Bitcoin ETFs on Wednesday amid the first glimpses of solid investor appetite for such products. The announcement comes a day after BlackRock’s iShares Bitcoin Trust (IBIT) achieved record-breaking activity on its first day of options trading, pushing Bitcoin to a new all-time high. Grayscale will launch…