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Brazilian Lawmaker’s Strategic Bitcoin Reserve Bill Set for ‘Historic’ Public Hearing
A Brazilian strategic Bitcoin reserve proposal will be debated in parliament later this month, with domestic crypto executives and government officials set to attend. The Brazilian media outlet Livecoins called parliament’s decision to hold the hearing “a historic first.” The Chamber of Deputies is set to host the hearing on August 20. The bill in…
Base Network Suffers 19-Minute Block Production Halt Before Recovery
Coinbase’s Base network experienced a 19-minute block production halt on August 5, with the latest block remaining at height 33,792,704 before resuming normal operations. The Ethereum Layer 2 blockchain reported the issue at 6:15 UTC and confirmed resolution by 6:44 UTC according to its official status page, marking the network’s first significant outage. Source: Base…
Solana’s New Meme King: LetsbonkFun Leaves Pump.fun in the Dust with 2x Lead
Solana meme coin launchpad LetsbonkFun has overtaken Pump.fun, seizing a dominant 55.8% market share, more than double Pump.fun’s 27.4%. Key Takeaways: LetsbonkFun now leads Solana’s meme coin market with 55.8% share, more than double Pump.fun’s 27.4%. Its rise is driven by faster launches, BONK integration, and stronger user engagement. Pump.fun is losing momentum despite a…
Litecoin Rallies Nearly 10% Past $124, Volume Skyrockets 200% – Here’s What is Fueling Momentum
Litecoin (LTC) has outperformed the market with over 10% rise in 24 hours, trading past $124 on Tuesday. The token later rebounded and is currently trading at $122 at the time of writing, per CoinMarketCap data. LTC has been showing strong upward momentum since April, with bulls predicting a possible $140 mark in the coming…
Token Launches Are Evolving for Crypto’s New Long-Term Age
The entrance of Robinhood and financial institutions into crypto is an indicator of a bigger trend: a maturing industry where Token Generation Events become about more than just distributing a token. Instead, projects now have to carefully consider how they maintain momentum beyond launch. While Bitcoin was launched without much marketing or fundraising efforts, the…
Exclusive: Coinbase Advert Hasn’t Been Banned in the U.K.
Coinbase CEO Brian Armstrong caused an almighty splash on X this week — claiming the exchange’s new TV advert had been banned in the U.K. There’s just one problem: that isn’t actually true. The two-minute film casts a rather bleak picture of Britain and depicts people living in leaky houses on rat-infested streets, with the…
SEC’s Peirce Defends Crypto Privacy Rights as Tornado Cash Developer Awaits Verdict
SEC Commissioner Hester Peirce delivered a forceful defense of financial privacy rights on August 4, arguing that Americans should retain the ability to use privacy-protecting crypto technologies without government surveillance. Her remarks at Stanford’s Science of Blockchain Conference come as Tornado Cash co-founder Roman Storm faces criminal trial for allegedly facilitating $1 billion in illicit…
Philippine SEC Flags Ten Unregistered Crypto Exchanges Over Non-Compliance
The Philippine Securities and Exchange Commission (SEC) has issued a warning against ten unregistered crypto entities and online platforms, including OKX, Bybit and Kraken. The regulator, on Monday, highlighted non-compliance issues in offshore crypto exchanges, warning the public against engaging with them. The ten crypto exchanges offered services to Filipinos without the required registration or…
Tom Lee’s BitMine Adds Another 208K ETH, Treasury Tops $3B as Ethereum Surges
BitMine Immersion Technologies, chaired by Fundstrat’s Tom Lee, has added 208,137 ETH to its growing crypto reserves, boosting its total holdings to 833,137 ETH, now worth over $3 billion. Key Takeaways: BitMine holds 833,137 ETH worth over $3 billion, making it the largest corporate Ethereum holder. The firm’s aggressive strategy puts it far ahead of…