Author: Bitcoin.com
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary restraining order (TRO) based on misrepresentations. Additionally, […] Read the full article here
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at […] Read the full article here
Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi) platform, Oceanpoint v0.5. From Hotels to Healthcare: Blocksquare Tokenizes $100 Million in […] Read the full article here
PRESS RELEASE. Importance of Being SRC20: The recent report published by Universelle, covered first by bitcoin.com highlights the superiority of the SRC20 ecosystem despite being undervalued due to limited awareness. This comprehensive analysis demonstrates SRC20’s unmatched data permanence and resilience, positioning it as a superior choice over other protocols like BRC20 and Runes. For more […] Read the full article here
Mastercard Launches Crypto Credential Service for Simplified Cross-Border Transactions
Financial giant Mastercard has initiated its first real-world application of the Crypto Credential system, a system aimed at facilitating easier and more secure peer-to-peer (P2P) cryptocurrency transactions. The service, which allows users to transfer cryptocurrencies using simple aliases, has gone live across several exchanges in Europe and Latin America. Mastercard Launches Crypto Credential, Aiming for […] Read the full article here
The new PlayDoge ($PLAY) presale has kicked off with a bang, having raised $250K in its opening day. With the project introducing a new Play-to-Earn (P2E) game to the meme coin market, PlayDoge is well-positioned between two hot crypto narratives, hinting a successful run is on the horizon. Its native $PLAY token hosts numerous utilities, […] Read the full article here
While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after […] Read the full article here
US Bitcoin ETFs Achieve $45 Million Inflows, Blackrock’s IBIT Still Trails GBTC in BTC Holdings
U.S. spot bitcoin exchange-traded funds (ETFs) saw another day of inflows on Tuesday, marking the 11th consecutive day of gains. Despite reports suggesting Blackrock’s IBIT holds more bitcoin than Grayscale’s GBTC, IBIT’s official website shows the fund still needs 322.28 BTC to surpass GBTC. While the web portal was updated on May 28, there may […] Read the full article here
Blockchain Futurist Conference Coming Together with Emerald to Elevate Canadian Show and Expand to US in 2025
PRESS RELEASE. Toronto [May 29, 2024] Blockchain Futurist Conference is coming together with Emerald, America’s largest producer of business-to-business trade shows, and their associated conferences, content and commerce, to grow the Canadian show and expand to the US Market. As Canada’s largest and longest-running Web3 event, Blockchain Futurist Conference has been a cornerstone of the […] Read the full article here
Ripple announced a $25 million contribution to Fairshake, a federal super Political Action Committee (PAC) supporting pro-crypto political candidates in the 2024 elections. This follows a similar $25 million contribution made in 2023. The investment is part of a broader industry effort to promote policies fostering financial innovation in the U.S. Ripple criticizes the Securities […] Read the full article here