Stripe Acquires Stablecoin Platform Bridge for $1.1 Billion
Stripe, a global fintech giant, has finalized its largest acquisition to date, purchasing stablecoin platform Bridge in a deal valued at $1.1 billion, according to a post on X by TechCrunch founder Michael Arrington. This acquisition marks a significant expansion of Stripe’s presence in the crypto payments space. Bridge, founded by entrepreneurs Sean Yu and […]
Kamala Harris Targets Black Male Crypto Investors
Seeking to strengthen her support among Black male voters, Kamala Harris, the Democratic Party’s presidential nominee, introduced an outreach agenda this week. Including a notable focus on cryptocurrency regulation aimed at protecting Black men who invest in digital assets. This marks Harris’ most direct stance on crypto regulation since taking over for Joe Biden in […]
MicroStrategy’s Market Cap Surges as Bitcoin Strategy Pays Off
Over the past four years, MicroStrategy, the world’s largest corporate holder of Bitcoin (BTC), has experienced an extraordinary rise in market capitalization—from $1.5 billion to over $40 billion. This meteoric growth, according to co-founder and executive chairman Michael Saylor. It is driven by the company’s pioneering approach of integrating Bitcoin with traditional financial markets. In […]
Moonray is Coming to PS5 Without Web3 Features
The makers of the Ethereum-based combat arena game Moonray have announced plans to launch the free-to-play title on PlayStation 5 next year. However, in compliance with Sony’s policies, the game will debut on the console without the Web3 features that have defined its PC version. Moonray, which originally attracted attention for its integration of blockchain […]
Italy’s New Crypto Tax Hike
The Italian government has unveiled plans to significantly raise the tax rate on capital gains from Bitcoin and other cryptocurrencies, increasing the rate from 26% to 42%. This proposed change, representing a 62% increase, was revealed by Deputy Minister of Economy Maurizio Leo during a press conference on the 2025 budget. The measure is part […]
Coinbase Battles SEC Over Withheld Documents
Coinbase has intensified its legal fight against the U.S. Securities and Exchange Commission (SEC) by filing a motion in the U.S. District Court of Columbia. The crypto exchange claims that the SEC has deliberately withheld key documents and imposed unjustified delays. Obstructing Coinbase’s access to critical information needed for its defense. In the motion, filed […]
Bitcoin Amsterdam 2024 Tackles Misinformation’s Policy Impact
The Bitcoin Amsterdam 2024 conference has brought to the forefront the serious implications of misinformation in academic research. As leading experts in Bitcoin and blockchain highlighted how flawed studies have contributed to misguided government policies, harmful regulations, and media misconceptions about Bitcoin. During the second day of the event, the “Beyond Resistance Money” panel drew […]
Vitalik Buterin Proposes Lower Staking and Faster Finality
Ethereum co-founder Vitalik Buterin is proposing significant changes to Ethereum’s proof-of-stake (PoS) consensus mechanism. Just two years after the network transitioned away from proof-of-work. In a Monday blog post, Buterin explored several potential improvements to Ethereum’s PoS model. Including lowering the financial barriers for solo stakers and reducing the time it takes to finalize transactions […]
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