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Microsoft’s $1 Trillion Bet on Bitcoin: A Potential Game Changer?
The Bitcoin community is abuzz with the news that Microsoft may be about to join the list of companies that hold Bitcoin as a treasury asset. Microsoft is asking its shareholders to vote on an investment in Bitcoin, the first... -
South Korea Sets New Rules for Cross-Border Crypto Transactions
South Korea is implementing new regulations on cross-border cryptocurrency transactions to curb financial crimes and increase transparency in the digital assets space. Finance Minister Choi Sang-Mok revealed these measures during the recent G20 finance ministers' meeting in Washington, D.C. Reporting... -
Ripple CEO Admits Delay in Engaging with Regulators, Sees XRP ETF as Inevitable
On October 23, Ripple Labs CEO Brad Garlinghouse admitted that Ripple made a strategic error by not engaging with U.S. regulators earlier, a decision that has had significant consequences for the company. Regret Over Delayed Engagement with Regulators Speaking at... -
US Crypto Laws Lag Behind but May Soon Change: Tether CEO Paolo Ardoin
On October 22, Tether CEO Paolo Ardoino stated that the US is falling behind in regulating the cryptocurrency industry. He believes that the upcoming November elections could pave the way for more robust regulations that will protect users and stabilize... -
GM Stock Rises After Q3 Earnings Beat and Guidance Raise
General Motors (NYSE: GM) stock is trading sharply higher today after the company reported better-than-expected Q3 earnings and also raised its 2024 guidance. Here are the key takeaways from the legacy automaker’s Q3 earnings. GM reported revenues of $48.76 billion... -
Ripple Co-founder Chris Larsen Pledges $10 Million to Kamala Harris Campaign PAC
Ripple co-founder Chris Larsen has contributed $10 million in XRP to a political action committee (PAC) supporting Vice President Kamala Harris in her 2024 U.S. presidential bid. Chris Larsen's $10 Million Contribution Larsen stated in an X post that he... -
Tapioca DAO Hacked for $4.7M in Social Engineering Attack, Offers $1M Bounty for Recovery
On October 18, decentralized finance protocol Tapioca DAO revealed it had suffered a social engineering attack resulting in the theft of $4.7 million. The attack compromised the ownership of the vesting contract for its Tapioca DAO Token (TAP) and USDO... -
Apple Stock Rises After Report Points to Strong iPhone 16 Sales in China
Apple stock is up over 1% in early US price action today and is trading near its all-time high after a report said that sales of the company’s latest iPhone 16 were running strong in China. Research firm Counterpoint Research... -
The Rise of the Crypto Voting Bloc: 26 Million Strong Ahead of Elections
As the November elections approach, a significant shift in voter priorities is emerging. A recent survey conducted by the Digital Chamber indicates that approximately 26 million voters in the United States consider a candidate's stance on cryptocurrency a crucial factor... -
Ireland Takes Action to Create Urgent Cryptocurrency Regulations Before EU Deadline
Ireland's Finance Minister, Jack Chambers, announced plans to create urgent cryptocurrency regulations to amend previous legislation on digital assets and associated firms. This update aims to align with new European Union (EU) laws on anti-money laundering (AML) and terrorism financing,...