As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
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BNB Gains 23% Plus Other Top-5 Cryptos This Week: LINK, HT, XRP, TRX
The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset Management and NYSE Arca. Next, the governing body obtained a temporary restraining order against Telegram and its wholly-owned subsidiary Telegram Open Network (TON) for…
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FTX lists GameStop after Reddit-fueled 200% rally in two days
Reddit’s Wall Street Bets is beating hedge funds at their own game. 1256 Total views 14 Total shares Crypto exchange FTX has listed GameStop, the global videogames retail chain, after the stock became by far the most popular choice on Reddit’s infamous Wall Street Bets, a community dedicated to trading stock market options.The FTX listing…
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Bank of Spain selects partners for CBDC testing
Cecabank, Abanca and Adhara Blockchain have been chosen from the 24 applications received over the past year. 5484 Total views 17 Total shares Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the
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Solana (SOL) price is poised for a potential 95% crash — Here’s why
Solana (SOL) price rallied by approximately 75% two months after bottoming out locally near $25.75, but the token's splendid upside move is at risk of a complete wipeout due to an ominous bearish technical indicator.A major SOL crash setup surfacesDubbed a "head-and-shoulders (H&S)," the pattern appears when the price forms three consecutive peaks atop a…
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EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law. The European Parliament has voted to approve the Data Act — controversial legislation that includes a stipulation necessitating smart contracts have the ability to be terminated.In a Nov. 9 press release
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US Congress Holds Hearing on Crypto: Witness Profiles
Today, on July 30, United States lawmakers will once again gather to debate cryptocurrency and blockchain policy in a hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain.” The hearing is scheduled for 10 a.m. EST and will be broadcast live.This time, the U.S. Senate Banking Committee is planning to hold a broader discussion…
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Five Hours to Failure: The ‘Save Yam’ Proposal Is Falling Short
A Yam Finance code flaw saw the project ask investors to pledge to save the platform. Not enough have. 1661 Total views 14 Total shares The future of the Yam Finance yield farming protocol hangs in the balance as it awaits token deposits for a governance vote that could save the project.With less than five…
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Manchester footballing rivalries commence in field of Web3
Following Manchester United's partnership with blockchain firm Tezos almost one month ago, Manchester City's foray in the space having partnered with crypto exchange OKX provides new competition in vie for technological prominence. 333 Total views 6 Total shares Leading English football club Manchester City have announced an inaugural cryptocurrency exchange partnership with OKX across both its…