Coinbase has deepened its connection to former U.S. President Donald Trump by appointing his 2024 co-campaign manager, Chris LaCivita, to its Global Advisory Council. The cryptocurrency exchange announced on January 29 that LaCivita would join the council alongside former U.S. Senator Kyrsten Sinema, former New York Fed President Bill Dudley, and former Colombian Ambassador to...
The Paris Public Prosecutor’s Office has reportedly launched an investigation into cryptocurrency exchange Binance, scrutinizing its activities between 2019 and 2024 over allegations of money laundering and tax fraud. The probe is being conducted by the economic and financial crime division, with suspicions that some of the funds may be connected to drug trafficking. Additionally,...
Poland has overtaken El Salvador to become the world’s fifth-largest Bitcoin ATM hub, with 219 active machines following a four-month installation surge. On January 27, the country added 10 new Bitcoin ATMs, further solidifying its position in the global rankings, which are led by the US, Canada, Australia, and Spain. Poland’s recent growth includes the...
Trump Administration Shifts Focus From CBDCs to Stablecoins With Donald Trump now sworn in as the President of the United States, the prospects for a central bank digital currency (CBDC) in the country appear effectively extinguished. Throughout his campaign, Trump voiced staunch opposition to CBDCs, promising in New Hampshire in 2024 to “never allow the...
Bitcoin Ecosystem Evolves With Expanding DeFi Applications Bitcoin, the oldest and most secure blockchain, has reached new heights, recently surpassing $100,000 and achieving a record market capitalization of over $2 billion. While Bitcoin has long been regarded as digital gold, a wave of innovations is shifting its use case, unlocking untapped liquidity, and driving the...
Trump’s First Term: Crypto Skepticism and Regulatory Actions Donald Trump’s first term as U.S. president, spanning from 2017 to 2021, marked a contentious chapter for cryptocurrency. While Bitcoin’s value skyrocketed from around $700 at his election to over $36,000 by the end of his tenure, the administration’s stance on digital assets was largely critical, characterized...
XRP Hits 7-Year High Amid Bullish Momentum and FTX Payout Plans XRP has surged to its highest level in seven years, reaching $3.20 on January 15, as investor optimism over cryptocurrency regulations outweighs concerns from the latest legal appeal by the U.S. Securities and Exchange Commission (SEC). By January 16, XRP traded at $3.09, marking...
Uniswap and Ledger Partner to Simplify Token Swaps in Ledger Live Uniswap Labs and Ledger have joined forces to streamline the token trading experience by enabling swaps directly within Ledger Live. This integration allows users to trade on Uniswap while keeping their assets secured by Ledger’s hardware wallets, eliminating the need to leave the Ledger...
Tectum Unveils World’s Fastest Blockchain with Developer-Centric Tools Tectum is poised to launch its highly anticipated layer-1 blockchain, boasting an impressive capacity of 3.5 million transactions per second. Designed to target the decentralized finance (DeFi) community, Tectum’s public blockchain offers unparalleled speed, scalability, and security, aiming to overcome existing barriers in blockchain adoption for both...
Solana Traders Pivot to AI Altcoins as Scalability Solutions Emerge Early Solana traders are increasingly turning their attention to the burgeoning AI altcoin sector as Solana continues to address its scalability challenges. Among the rising stars in this sector is PropiChain (PCHAIN), a token that merges blockchain and artificial intelligence to redefine real estate investment...
