Author: CryptoHoppers
Key Takeaways Yellen calls for stronger crypto oversight in FSOC’s final report before Trump’s term. Trump’s pro-crypto appointments, including David Sacks as “Crypto Czar” and Scott Bessent as Treasury Secretary, signal a potential shift toward lighter regulation. Share this article Treasury Secretary Janet Yellen has called for stronger oversight of crypto and stablecoins in the Financial Stability Oversight Council’s (FSOC) final report under the Biden administration, according to a Bloomberg report.Yellen highlighted the growing risks these digital assets pose to the US financial system, stressing the urgent need for comprehensive regulation to address them.“The council continues to call for legislation…
Gold, Silver, and Bronze tiers are introduced by Binance to reward verified P2P merchants based on performance. Binance has added a key update to its P2P Merchant Program by introducing three tiers, namely, Bronze, Silver, and Gold. This upgrade is introduced to acknowledge and reward P2P merchants according to their trade volume and performance. Each tier offers unique advantages. Based on their monthly trade performance, newly verified merchants can move up from the Bronze level. Verified traders having a solid trading record are considered bronze merchants. Merchants must reach a trading volume of at least 6 BTC, or 200,000 USDT, with…
Key Takeaways David Sacks has been nominated by Donald Trump as the White House AI and Crypto Czar. Sacks invested in Bitcoin early on and he will be involved in regulating the crypto industry following Trump’s nomination. Share this article President-elect Donald Trump has nominated David Sacks as his White House AI and Crypto Czar. Who is David Sacks and what is his stance on Bitcoin and crypto?Who is David Sacks?David Sacks is a South African-American entrepreneur and investor recognized for his influential roles in the tech industry. He was born in Cape Town, South Africa, into a Jewish family…
Ripple confirmed that it has delayed the launch of its stablecoin. Meanwhile, the price of XRP has dropped, causing it to lose its recently-earned position as the third-largest cryptocurrency. Ripple, widely known for its cross-border payments in the crypto space, has postponed the launch of its stablecoin, $RLUSD, as it awaits a final nod from the New York Department of Financial Services. In an official announcement on X, Ripple said, “$RLUSD isn’t launching today.” on Dec. 5. Despite some speculation, $RLUSD isn’t launching today. We’re in lockstep with the NYDFS on final approval and will share updates as soon as…
The Legacy of Daimakyo and the Birth of Daizen In November 2024, the NFT space witnessed a groundbreaking debut with the launch of the Genesis collection, “Daimakyo” on the Apechain blockchain. This marked the start of an artistic journey intertwining storytelling, technology, and digital artistry. Building on that innovative foundation, the Daizen collection emerges, offering 888 exclusive NFTs that promise to redefine sophistication and narrative depth within the Web3 universe. What is Daizen? Daizen isn’t just another NFT drop; it’s a multiversal narrative experience. Each NFT within the collection encapsulates a unique character, complete with interconnected backstories. Drawing visual inspiration…
Regina tries out a dark fantasy RPG blending immersive lore, strategic decision-making, and cutting-edge tokenomics, such as the “Play-to-Airdrop” model. Quick Recap from Immortal Rising 2 Immortal Rising 2 is a blockchain-powered RPG that seamlessly blends strategic gameplay with immersive dark fantasy lore. Players engage in a richly detailed world, making tactical decisions that influence […] Source link
Ethereum (ETH) remains the leader in the Web3 space, with over $69 billion in total value locked (TVL) and a stablecoin market cap surpassing $103 billion. This success is largely due to the significant progress of its layer-2 (L2) scaling solutions. However, competitors like Solana (SOL) and Tron (TRX) are making waves, with daily active addresses reaching 5.9 million and 2.3 million, respectively, challenging Ethereum’s dominance.Vitalik’s Vision: Solving for BlockchainVitalik Buterin, Ethereum’s co-founder, stresses that L2 scaling solutions are key to solving the blockchain trilemma, which involves balancing scalability, security, and decentralization. To help achieve this, the Ethereum Foundation has…
Key Takeaways TRON’s TRX token soared to an all-time high of $0.43 with a 85% single-day increase. TRX’s market value surged from $19 billion to $36.7 billion in 24 hours. Share this article Tron’s TRX token staged a sunshine comeback, exploding 85% within a day, shattering its previous high of $0.23, and soaring to a new peak of $0.43, according to CoinGecko data.At press time, the token was trading at around $0.37, up 70% over 24 hours, pushing its market value from $19 billion to $36.7 billion.TRX has gained approximately 140% over the past 30 days, outperforming the broader market’s…
When a brand becomes synonymous with innovation and disruption, the community expects bold moves, not abrupt farewells. Today, the RTFKT team, revered as trailblazers in the Web3 space, dropped a bombshell: they are winding down operations by January 2025. This announcement reeks of defeat disguised as poetic closure, leaving loyal supporters questioning how such a pioneering force could fade into an “Artifact of cultural revolution.” “Thank You, But Goodbye”? RTFKT has stood as a beacon for digital creatives, seamlessly fusing sneaker culture, gaming, and NFTs into a groundbreaking blend of digital and physical art. From launching Clone X with Takashi…
Este artículo también está disponible en español. As the Bitcoin price consolidates just below its all-time high of $99,540, a significant move by the US government has raised concerns among investors. The government has transferred a substantial amount of its seized Bitcoin holdings to Coinbase, potentially signaling intentions to sell. This echoes similar actions that had previously impacted the market earlier this year. US Government’s Bitcoin Transfer According to market intelligence firm Arkham, the US government moved approximately 10,000 Bitcoin, worth around $1.92 billion at current market prices, to two separate wallets. Related Reading One wallet contains Bitcoin valued at…