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With today’s 4.27% price lapse, the Solana price finds itself at a critical juncture as it retests crucial supports to its uptrend so far. Losing which, stands to derail bullish end-of-year projections for the front-running altcoin. These levels mark a potential turning point from the 4.01% loss over the past week, highlighting a crucial moment…
The price of Shiba Inu has plummeted by 10% today, dropping to $0.00002683 as the cryptocurrency market suffers a 4% decline in the past 24 hours. SHIB is also down by 8.5% in the past week, although the meme token remains up by 19% in a month and by 160% in a year. Its fall…
The Bank of England has released its latest research highlighting the potential of cutting-edge privacy technologies, such as zero-knowledge proofs (ZK-proofs), to bolster user privacy in a prospective digital pound. The findings, outlined in the report titled “Enhancing the Privacy of a Digital Pound,” delve into how these technologies might safeguard user data while ensuring…
Argentina’s securities regulator, Comisión Nacional de Valores (CNV), has announced that US exchange-traded funds (ETFs), including crypto-related ETFs, are available for trading under the CEDEAR program. The initiative, regulated by RG No. 1030, introduces Bitcoin and Ethereum spot ETFs, marking the end of a six-year prohibition under Law No. 27440. In a December 10 statement,…
On December 10, the Reserve Bank of New Zealand (RBNZ) released findings from its recent public consultation on a potential central bank digital currency (CBDC), revealing widespread skepticism. Results Highlight Limited Interest in Digital Cash The consultation, conducted between April and July 2024, sought opinions on the necessity of a CBDC for New Zealand’s economy….
DWF Labs, a Web3 venture capital firm and crypto market maker, has launched a $20 million fund to accelerate the development of autonomous artificial intelligence (AI) agents within the Web3 ecosystem. According to DWF Labs’ press release from Dec. 10, the fund aims to drive innovation in “next-generation AI agent solutions that have the potential…
Cryptocurrency custody provider BitGo has introduced institutional-grade Bitcoin staking through a partnership with Core DAO, a layer-1 blockchain platform. According to a joint announcement on December 9, BitGo will be one of the first custodians to facilitate institutional access to dual staking with Core DAO. It will allow clients to earn returns on their Bitcoin…
OKX Ventures, the investment arm of crypto exchange OKX, has announced a $5 million investment in TON Ventures, the venture capital fund supporting The Open Network (TON). The funding will be used for the development of Telegram-native applications built on TON’s blockchain infrastructure. The aim is to form a network of experienced builders to develop…
According to the second annual ‘Global Survey on Crypto and Web3’ by MetaMask’s parent company, Consensys and YouGov, trends observed in the cryptocurrency ecosystem in 2024 show a continued shift toward the ownership mentality. The report found that the industry is moving towards a “more equitable online landscape facilitated by crypto, blockchain, and Web3.” Notably,…
Vancouver Mayor Ken Sim has urged the city council to explore Bitcoin integration into municipal financial systems in a bid to address inflation. During the city council meeting on December 11, Sim introduced a motion titled “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming a Bitcoin Friendly City.” The proposal argues…