New Jersey mayor plans to invest in Bitcoin ETFs for city’s pension fund
Mayor Steven Fulop said he had been a “long-time believer“ in crypto but did not appear to have mentioned Bitcoin or other tokens before July 25.
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When will Elon Musk’s influence on Bitcoin end?
Elon Musk’s tendency to sway the crypto space with devil-may-care tweets was on display again on Friday, as numerous coins lost between 10–18% in the wake of Musk’s latest Bitcoin (BTC) meme. The Tesla CEO’s tweet which showed a Bitcoin sign next to a broken heart emoji could have been interpreted as fairly cryptic, but…
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Swiss Electronics Supplier SIRIN Labs to Launch Its First Blockchain-Based Smartphone
Blockchain-focused electronics supplier SIRIN Labs will launch its first blockchain-based smartphone tomorrow, Nov. 29, U.S.-based IT and business tech magazine Computerworld reports today, Nov. 28.Following a funding round that raised $157 million in an Initial Coin Offering (ICO) for a blockchain-powered phone in December 2017, the Swiss-based firm announced this summer that they will release…
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FTX reportedly shopping for brokerages in preparation for stock trading
Amid its plans to roll out stock trading services, FTX has reportedly met with at least three brokerage start-ups over the past few months regarding potential acquisitions. Crypto derivatives exchange and NFT platform FTX is reportedly in the market for brokerage start-ups as part of its recently announced plans to expand support to stock trading.The…
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US: CFTC Chair Notes Crypto Cases in Record Year of Enforcement Actions
Christopher Giancarlo, the chairman of U.S. Commodity Futures Trading Commission (СFTC), said in an Oct. 2 speech that enforcement actions and fines increased significantly in the last fiscal year.Giancarlo presented at the Economic Club of Minnesota, stating that the enforcement of the recent fiscal year, which ended September 30, was "among the most vigorous in…
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Web3 music streaming brings direct stablecoin payouts to musicians
Web3 is reshaping the music industry as platforms like Audius enable direct stablecoin payouts, offering artists more control over pricing and fan engagement.
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Dogecoin flips Porsche, trader turns $160 into $5.6M, and more: Hodler’s Digest, Nov. 24 – 30
Dogecoin has surpassed the market capitalization of Porsche, a memecoin trader turned a $160 investment into millions: Hodler’s Digest
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US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them, have been deemed to be associated with foreign narcotics operators.The Treasury updated its SDN list…