Arizona crypto PAC-backed candidate ekes out narrow victory after recount

A group of Venezuelans has filed a lawsuit with a Florida Federal Court in connection with a Ponzi scheme involving $30 million in cryptocurrency promoted by Canadian investment radio host Harold Seigel.Payment and commerce news outlet Pymnts.com reported today, July 16, that seven Venezuelans claim to have been lured into a $30 million worth digital…

The Kadena network, which is led by JPMorgan blockchain veterans, has gone live on Monday, with the firm announcing a new $20 million token sale.Kadena mainnet launch unlocks mining Kadena coinsAccording to an announcement on Nov. 4, Kadena has launched its mainnet Chainweb alongside the Kadena token wallet Chainweaver. The firm is also planning to…

China launches its nationwide Blockchain-based Service Network for commercial use. 1357 Total views 49 Total shares Six months after the beta test launch, China’s Blockchain-based Service Network — or BSN — is now officially available for global commercial use. Various Chinese government officials and heads of organizations gathered for a meeting in Beijing on April 25…

Venezuelan crypto exchange Criptolago has announced that it will launch a text message-based payment system that can process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies.The system may expose new segments of Venezuela’s population to cryptocurrencies amid the country’s ongoing hyperinflation crisis — with the value of the Venezuelan bolivar fluctuating by 1.58% in…

KuCoin Research believes that the low float, high FDV trend in crypto led investors to other options like Notcoin, which had all its tokens circulating during launch.

The video game retailer's cash pile rose to nearly $4.8 billion as of Feb. 1, compared with $921.7 million a year earlier. GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets.  According to a March 25

Saturday, June 1 — most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin (BTC) approaches the $8,600 mark.Market visualization courtesy of Coin360Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin…

Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases of AI that could assist…

Bitcoin’s (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until the end of the year. Some analysts expect this move to tighten supply, resulting in higher prices at the pump. That may in turn…