Binance Launchpool Rolls Out Support for New Layer-1 Crypto Project Focused on Developers

April 6, 2024 The Daily Hodl

Altcoins

Top global crypto exchange Binance is rolling out support for a new layer-1 crypto project via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 51st project will be Saga (SAGA), a web3 platform designed for developers. Saga aims to enable developers to launch interoperable, application-specific chains called […]

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Crypto can be the next phase of ‘attention economy’: Variant Fund co-founder

March 29, 2024 The Crypto Briefing

The crypto attention economy uses tokens and NFTs to translate attention into economic value, being more effective than Web2 models.

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Judge Denies Coinbase Dismissal Request; CEO Hails Win for Self-Custody Wallets

March 27, 2024 Bitcoin.com

bitcoin.com

New York Judge Katherine Polk Failla has ruled that the U.S. Securities and Exchange Commission (SEC) has “sufficiently pleaded” its case and the lawsuit will move forward. Legal Battle Ahead: Coinbase Dismissal Motion Rejected by Judge On Wednesday, the most recent legal filings revealed that Judge Katherine Polk Failla has declined Coinbase’s request to dismiss […]

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Blackrock Aims to Launch Tokenized Investment Fund, Seeks SEC Nod for ‘BUIDL’ Fund on Ethereum

March 20, 2024 Bitcoin.com

bitcoin.com

The globe’s most substantial asset manager by assets under management, Blackrock, has submitted a form to the U.S. Securities and Exchange Commission (SEC) for the initiation of a tokenized investment fund. Additionally, the community has unearthed the development of a token named the “Blackrock USD Institutional Digital Liquidity Fund” or BUIDL on the Ethereum blockchain. […]

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BTC and ETH Derivative Tokens Dominate by Securing Several Top Positions in the Crypto Economy

March 17, 2024 Bitcoin.com

bitcoin.com

Throughout this month, bitcoin and ethereum have risen to their highest valuations in years. These two pivotal crypto assets have substantially influenced the cryptocurrency market, with bitcoin currently holding a 51.9% market dominance and ethereum at 17% as of mid-March 2024. Furthermore, in recent years, derivative tokens of bitcoin and ether have garnered significant popularity. […]

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US leads in enthusiasm for AI tokens, reveals CoinGecko report

March 14, 2024 The Crypto Briefing

The top 15 countries leading the AI tokens narrative in 2024 also include the UK and Trkiye, with the favorite tokens being TAO and RNDR.

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AI-related tokens see 257% average growth since January

March 5, 2024 The Crypto Briefing

AI tokens like TAO, RNDR, and NOS have surged in market cap, with TAO leading at $3.85 billion and NOS gaining 988% in price

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Holiday price action: Signs of the next crypto bull run?

January 5, 2024 Coin Telegraph

Bitcoin Price

A closer look at the similarities between today’s thriving crypto market and the 2020–2021 bull run.

As 2023 drew to a close and with the start of 2024, the crypto market is once again experiencing a resurgence, one that is reminiscent of the bull run witnessed back in December 2020.

The ongoing revival has brought with it a renewed sense of optimism and potential, with investors hoping for a major turnaround.

To this point, since the start of 2023, the market capitalization of the digital asset sector has boomed from $831 billion to over $1.8 trillion, thereby showcasing a growth of nearly 100%.

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Palau advances CBDC with Ripple in Phase 2 of PSC program launch

December 17, 2023 Coin Telegraph

CBDC

Phase 2 of the PSC program will prioritize the development of a digital ecosystem and increased user engagement, emphasizing adherence to regulatory compliance.

The Ministry of Finance in Palau officially launched the second phase of the Palau Stablecoin (PSC) Program. Jay Hunter Anson, a cybersecurity consultant in Palau, confirmed the initiation of the country’s CBDC pilot program in a post.

Anson expressed that Palau aims to extend its partnership with Ripple in this next stage, allowing the PSC team to leverage Ripple’s CBDC platform and technical expertise.

PSC is a digital currency pegged to the U.S. dollar at 1:1. The USD-supporting PSC is stored in a commercial bank with FDIC insurance. The Palau government issues the PSC on the XRP Ledger (XRPL).

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SEC faces accusations of contradiction in Coinbase rulemaking dispute

December 16, 2023 Coin Telegraph

Coin Telegraph

XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year.

In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s top official, Gary Gensler, of ‘gaslighting’ the public and disagreed with his stance on cryptocurrencies.

The development in Coinbase’s rulemaking request occurred when the SEC rejected the trading platform’s petition based on three reasons.

These reasons encompass applying current securities laws to cryptocurrencies, the SEC’s engagement with the crypto securities markets through rulemaking, and the significance of preserving the Commission’s discretion in establishing its rulemaking priorities.

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