Month: October 2024

Trump deals with possible assassination effort ahead of World Liberty token sale
Daily Crypto News

Trump deals with possible assassination effort ahead of World Liberty token sale

Markets Home” Markets” Trump deals with possible assassination effort ahead of World Liberty token sale by Vivian Nguyen Oct. 14, 2024 Trump-backed DeFi endeavor is set to release its WLFI token sale on Tuesday, simply 3 weeks before the United States governmental election. Secret Takeaways A possible assassination plot versus Trump took place ahead of…

BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report
Daily Crypto News

BitGo’s WBTC Retains Over 65% Market Dominance Despite Criticism of Custody Model: Report

Covered Bitcoin (WBTC), a covered variation of Bitcoin established by BitGo, Kyber Network, and Ren, continues to control the tokenized BTC market in spite of criticism around the job, according to Binance Research’s most current month-to-month report. The covered token represents Bitcoin at 1:1 on other blockchains such as Ethereum and Solana. This enables users…

Bitcoin breaks $65,000 level, altcoins eye “up-only” season
Daily Crypto News

Bitcoin breaks $65,000 level, altcoins eye “up-only” season

Bitcoin Home” Bitcoin” Bitcoin breaks $65,000 level, altcoins eye “up-only” season by Vivian Nguyen Oct. 14, 2024 The crypto market cap surpasses $2.3 trillion as Bitcoin and altcoins gain. Secret Takeaways Bitcoin broke the $65,000 mark, showing a robust uptrend affected by international financial elements. Significant gains in Solana-based memecoins signify a more comprehensive altcoin…

Bitcoin Miner TeraWulf Sells 25% Stake in Nautilus for $92 Million
Daily Crypto News

Bitcoin Miner TeraWulf Sells 25% Stake in Nautilus for $92 Million

Bitcoin mining company TeraWulf has actually offered its 25% stake in the Nautilus Cryptomine joint endeavor to its partner, a subsidiary of Talen Energy, in an offer worth about $92 million. The business prepares to utilize the funds to broaden its operations at the Lake Mariner center, consisting of constructing the 20 MW CB-1 operation…

Tether checks out loaning billions to product traders to shock conventional trade financing
Daily Crypto News

Tether checks out loaning billions to product traders to shock conventional trade financing

Markets Home” Markets” Tether checks out loaning billions to product traders to shock conventional trade financing by Estefano Gomez Oct. 14, 2024 The relocation, still in its early phases, might interrupt the product trading market by using quicker and less-regulated financing. Secret Takeaways Tether eyes product trade loaning as smaller sized companies have a hard…

Neiro Ethereum Hits 50% Rebound, Eyes $0.17
Daily Crypto News

Neiro Ethereum Hits 50% Rebound, Eyes $0.17

After a harsh 45% plunge set off by Binance’s actions, Neiro Ethereum (NEIRO) is making an exceptional resurgence. The meme coin has actually risen by a remarkable 51% in the previous 24 hours, exceeding the wider meme market. With a renewal in need for NEIRO, the meme coin looks poised to extend its gains. Neiro…

Taiwan’s FSC Unveils New AML Regulations for Virtual Asset Providers
Daily Crypto News

Taiwan’s FSC Unveils New AML Regulations for Virtual Asset Providers

Taiwan’s Financial Supervisory Commission (FSC) revealed upgraded Anti-Money Laundering (AML) guidelines on October 2nd. The primary goal is to enhance the oversight of regional virtual possession provider (VASPs). Non-compliant entities, on the other hand, will be greatly punished. The modified policies will supersede the existing AML structure. Upgraded AML Regulations Aim to Strengthen Crypto Oversight…

SingularityDAO, Cogito Finance, and SelfKey join to introduce Singularity Finance, an EVM L2 for AI economy
Daily Crypto News

SingularityDAO, Cogito Finance, and SelfKey join to introduce Singularity Finance, an EVM L2 for AI economy

Environment Home” Ecosystem” SingularityDAO, Cogito Finance, and SelfKey unify to introduce Singularity Finance, an EVM L2 for AI economy by Vivian Nguyen Oct. 15, 2024 The brand-new platform intends to improve AI possession management and market liquidity. Secret Takeaways Singularity Finance intends to tokenize AI properties to boost DeFi applications. The merger consists of a…

Crypto Investor Positions for Possible Altcoin Season with These 6 Tokens
Daily Crypto News

Crypto Investor Positions for Possible Altcoin Season with These 6 Tokens

Crypto financiers and experts support that the 2024 altcoin season might have simply begun, drawing signals from several basics, consisting of Bitcoin’s (BTC) continual venture above $63,000. The optimism follows the Federal Open Market Committee (FOMC) chose a 50 basis points rates of interest cut in September, recommending the United States economy remains in an…

Q3 Sees Lowest Crypto Hacks in 3 Years, however $440M Is Gone Forever
Daily Crypto News

Q3 Sees Lowest Crypto Hacks in 3 Years, however $440M Is Gone Forever

The variety of hacks in Q3 2024 has actually dropped to its floor in 3 years, with just 28 occurrences, throughout which an overall of $463.6 million was taken. The general outlook stays worrying as there’s no opportunity of recuperating over $440 million of the taken funds. Worst Recovery Rates Ever According to the current…