Fireblocks Announces $1 Million Grant Program for PayPal USD Projects
Digital assets management platform Fireblocks has announced a $1 million grant program aimed at boosting the adoption of PayPal USD (PYUSD) stablecoin. According to Cointelegraph, the initiative is designed to support developers and companies building…
Yuichiro Tamaki Proposes Major Overhaul of Japan’s Cryptocurrency Tax Structure
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), has unveiled an ambitious plan to reform the country’s cryptocurrency tax structure. This proposal, announced ahead of the upcoming elections, aims to make Japan a more…
X Empire, a popular tap-to-earn game based on Elon Musk, will launch its X token on The Open Network on October 24
X Empire, a popular tap-to-earn game inspired by Elon Musk, has announced the launch of its X token on The Open Network (TON) on October 24, 2024. The game, which has attracted over 50 million players, will also be conducting an airdrop for its players…
Tether Investigates Alternative Financing for Trading Commodities and TradFi
Tether Holdings, the company behind the widely-used stablecoin USDT, is making strategic moves to revolutionize the commodities trading sector by providing alternative financing methods. This initiative aims to offer much-needed credit solutions to firms…
Vitalik Buterin Updates Ethereum’s Roadmap for Layer 2 Expansion in ‘The Surge’
Ethereum co-founder Vitalik Buterin has unveiled an ambitious new roadmap for the Ethereum network, focusing on Layer 2 (L2) expansion under the phase titled “The Surge”. This update, detailed in his latest blog post, “Possible futures…
CME Bitcoin Futures Open Interest Reaches ATH, Fueled by Active and Direct Investors
The Chicago Mercantile Exchange (CME) has recently announced that the open interest in its Bitcoin futures market has reached an all-time high. As of October 15, 2024, the open interest hit a staggering 172,430 BTC according to Coindesk report,…
Ripple Co-Founder Chris Larsen’s $1 Million Donation to Kamala Harris PAC Raises Concerns in Crypto Community
In a move that has sparked significant debate within the cryptocurrency community, Chris Larsen, co-founder of Ripple, has donated $1 million worth of XRP to a Political Action Committee (PAC) supporting U.S. Vice President Kamala Harris’s…
Ripple Introduces Bank-Grade Custody Solution for Crypto Firms
Ripple, a leading provider of digital asset infrastructure, has announced the launch of a new bank-grade custody solution designed specifically for crypto firms. This innovative service aims to offer enhanced security and management for digital assets,…
Ubisoft Releases First Crypto Video Game, ‘Champions Tactics’
Ubisoft, the renowned French gaming giant behind popular franchises like Assassin’s Creed and Far Cry, has announced the launch of its first crypto-enabled video game, “Champions Tactics: Grimoria Chronicles”. Set to debut on October…
Ripple vs. SEC: The Latest Chapter in the Ongoing Legal Battle
The legal saga between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has taken another dramatic turn. On October 3, 2024, the SEC filed a notice of appeal against a significant ruling by Judge Analisa Torres, which partially favored…