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In a landmark announcement at the Bitcoin 2024 conference, Senator Cynthia Lummis of Wyoming revealed an ambitious new bill aimed at bolstering the United States' economic strength through the acquisition of one million Bitcoin (BTC). This move, she asserts, will play a crucial role in reinforcing the US dollar
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In an unexpected turn of events, Kamala Harris, the potential candidate from the Democratic Party for the upcoming U.S. presidential election, is considering making an appearance at the highly anticipated Bitcoin Conference set to take place from July 23 to 25. The conference, already generating buzz with scheduled speakers
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Expanding Horizons: Ferrari's Foray into Cryptocurrency Payments In a groundbreaking move that showcases its innovative spirit, Ferrari, the renowned Italian luxury sports car manufacturer, has announced that it will now accept cryptocurrency payments for its vehicles in Europe. This initiative builds on the company’s existing program in
Global Company
TON Foundation and Mocaverse, a project by Animoca Brands, have announced the creation of a $20 million reserve fund aimed at supporting the TON ecosystem. This initiative is designed to stimulate ecosystem growth and transform TON into a leading platform for content, gaming, and community development. Initiative Details The Open
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Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, a new investment product focusing on decentralized AI projects within the blockchain space. This fund represents an exciting new direction for the company, which has been at the forefront of investment in groundbreaking technologies since its founding in
Global Company
The Open Platform (TOP) has announced a strategic investment in Akedo Games, a game development studio known for its involvement in popular titles like PUBG Mobile, AFK Arena, and Rise of Kingdoms. This investment aims to bolster the development of gaming projects within The Open Network (TON) ecosystem, specifically on
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Introduction In a landmark development for the cryptocurrency industry, BitMEX, a prominent cryptocurrency exchange and derivative trading platform, has admitted to violating the United States Bank Secrecy Act (BSA). This admission marks a significant turn in the ongoing legal battle between BitMEX and U.S. authorities, emphasizing the critical need
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In a significant financial move, the German government recently received 3,000 bitcoins (BTC) from major cryptocurrency exchanges. This transaction was facilitated by well-known platforms such as Kraken, Coinbase, and Bitstamp, according to a report by Arkham Intelligence. At the time of the transaction, these assets were valued at approximately
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In a recent analysis by Lookonchain experts, Ethereum has emerged as the leader in blockchain fee revenue, raking in a staggering $2.72 billion over the past year. This impressive figure positions Ethereum at the top of the list, significantly outpacing its closest competitor, Bitcoin, which generated $1.30 billion
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The United States Securities and Exchange Commission (SEC) has initiated legal action against Silvergate Bank and several of its top executives. This move stems from accusations that the bank failed to comply with certain regulatory requirements, including reporting obligations, internal accounting controls, and the proper maintenance of financial records. The
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The National Agency for Perspective Projects of Uzbekistan (NAPP) has issued a statement to clarify and refute rumors about the alleged ban of the Hamster Kombat game in the country. The regulator explained the legal status of the game and warned of potential risks associated with the future withdrawal of
Technology
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