The amount allocated is down from a budget of $40 million in 2023.
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Iota’s ShimmerEVM joins Fireblocks, targets demand for assets tokenization
The Iota Foundation wants to capitalize on institutional demand for real-world asset tokenization, which reached $342 billion in September.
Enterprise blockchain Coti set to become Ethereum privacy-centric layer 2 in 2024
Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol.
Enterprise blockchain Coti set to become Ethereum privacy-centric layer 2 in 2024
Coti will look to provide privacy-focused functionality to the Ethereum ecosystem as a new layer-2 protocol.
Terrorism & Israel-Gaza war weaponized to destroy crypto
Anti-crypto politicians in Washington are weaponizing disputed claims about crypto funding Hamas to try and pass draconian new legislation.
Terrorism & Israel-Gaza war weaponized to destroy crypto
Anti-crypto politicians in Washington are weaponizing disputed claims about crypto funding Hamas to try and pass draconian new legislation.
Terrorism & Israel-Gaza war weaponized to destroy crypto
The Israel-Gaza war has once again thrown the spotlight on crypto, with anti-crypto politicians seizing on exaggerated reports of crypto being used to finance terrorism to introduce harsh new legislation with the potential to crush the industry.
Three days after Hamas carried out its brutal Oct. 7 attack, The Wall Street Journal published an inflammatory article stating that in the past three years, U.S.-designated terrorist organizations such as Hamas, Palestinian Islamic Jihad and Hezbollah had raised $134 million in crypto.
The article — later corrected following an online backlash — became ammunition for the anti-crypto army in Washington, which cited it to push for ever greater restrictions on crypto.
That came to a head over the past week with a bipartisan bill called the Terrorism Financing Prevention Act, introduced on Dec. 8. It obliges the Treasury to identify foreign financial institutions and crypto platforms that have knowingly conducted transactions with U.S.-designated terrorist outfits and enables it to impose sanctions to restrict U.S. bank accounts and block transactions.
Senator Mitt Romney tied the bill specifically to the Israel-Gaza war:
Terrorism & Israel-Gaza war weaponized to destroy crypto
Anti-crypto politicians in Washington are weaponizing disputed claims about crypto funding Hamas to try and pass draconian new legislation.
Terrorism & Israel-Gaza war weaponized to destroy crypto
Anti-crypto politicians in Washington are weaponizing disputed claims about crypto funding Hamas to try and pass draconian new legislation.
Terrorism & Israel-Gaza war weaponized to destroy crypto
The Israel-Gaza war has once again thrown the spotlight on crypto, with anti-crypto politicians seizing on exaggerated reports of crypto being used to finance terrorism to introduce harsh new legislation with the potential to crush the industry.
Three days after Hamas carried out its brutal Oct. 7 attack, The Wall Street Journal published an inflammatory article stating that in the past three years, U.S.-designated terrorist organizations such as Hamas, Palestinian Islamic Jihad and Hezbollah had raised $134 million in crypto.
The article — later corrected following an online backlash — became ammunition for the anti-crypto army in Washington, which cited it to push for ever greater restrictions on crypto.
That came to a head over the past week with a bipartisan bill called the Terrorism Financing Prevention Act, introduced on Dec. 8. It obliges the Treasury to identify foreign financial institutions and crypto platforms that have knowingly conducted transactions with U.S.-designated terrorist outfits and enables it to impose sanctions to restrict U.S. bank accounts and block transactions.
Senator Mitt Romney tied the bill specifically to the Israel-Gaza war:
Terrorism & Israel-Gaza war weaponized to destroy crypto
The Israel-Gaza war has once again thrown the spotlight on crypto, with anti-crypto politicians seizing on exaggerated reports of crypto being used to finance terrorism to introduce harsh new legislation with the potential to crush the industry.
Three days after Hamas carried out its brutal Oct. 7 attack, The Wall Street Journal published an inflammatory article stating that in the past three years, U.S.-designated terrorist organizations such as Hamas, Palestinian Islamic Jihad and Hezbollah had raised $134 million in crypto.
The article — later corrected following an online backlash — became ammunition for the anti-crypto army in Washington, which cited it to push for ever greater restrictions on crypto.
That came to a head over the past week with a bipartisan bill called the Terrorism Financing Prevention Act, introduced on Dec. 8. It obliges the Treasury to identify foreign financial institutions and crypto platforms that have knowingly conducted transactions with U.S.-designated terrorist outfits and enables it to impose sanctions to restrict U.S. bank accounts and block transactions.
Senator Mitt Romney tied the bill specifically to the Israel-Gaza war:
BTC price clears $41K as Bitcoin digests US macro data on Fed FOMC day
Bitcoin traders eye BTC price levels of interest as the U.S. PPI preserves the declining inflation narrative ahead of the Fed’s rates decision.
BTC price clears $41K as Bitcoin digests US macro data on Fed FOMC day
Bitcoin (BTC) recovered above $41,000 at the Dec. 13 Wall Street open as eyes focused on the United States Federal Reserve.
BTC/USD 1-hour chart. Source: TradingViewPPI target beat comes hours before Fed rate move
Data from Cointelegraph Markets Pro and TradingView showed BTC price strength gaining momentum on the latest U.S. macro data releases.
November’s Producer Price Index (PPI) print came in below expectations, further bolstering the extant narrative of declining inflation. The Consumer Price Index (CPI) print, while less encouraging, did not induce fresh pain for risk assets.
“This is the lowest PPI inflation reading since December 2021,” trading resource The Kobeissi Letter wrote in part of a reaction on X (formerly Twitter).
“Since the last Fed meeting, we have seen multiple favorable inflation prints. All eyes are on the Fed today and a potential hint of a ‘Fed pivot.’”
Worldcoin integrates with Shopify, Mercado Libre, Minecraft, Reddit and Telegram
Worldcoin released a new version of its World ID feature with multiple app integrations.
Crypto exchange liquidity, explained
Liquidity in financial markets
The ease and speed with which assets can be bought or sold without materially altering their prices is referred to as liquidity in the financial markets.
It’s the ability to swiftly turn an asset into cash without significantly impairing its value. High liquidity indicates a healthy market with plenty of buyers and sellers, which promotes smooth transactions and stable prices. It ensures that investors can profitably enter into or exit positions, reducing transaction costs and the risks of abrupt price swings.
Several variables, including trading volume, market depth and the presence of willing participants, affect market liquidity. It can be difficult for investors to execute trades at desired prices when insufficient liquidity can cause volatile price swings.
In times of crisis, central banks frequently step in to preserve market liquidity and avert financial disruptions. Maintaining investor confidence, keeping market efficiency and promoting the robust operation of economic ecosystems all depend heavily on liquidity.
Importance of liquidity on crypto exchanges
Liquidity, as it relates to cryptocurrency exchanges, is the ability to swiftly and readily convert cryptocurrencies into other assets or fiat currencies without substantially affecting their prices.
Nym co-founder and Chelsea Manning discuss decentralization and privacy
Nym co-founder Harry Halpin and security and hardware consultant Chelsea Manning chat with The Agenda about privacy and the benefits of a decentralized VPN.
Dubai regulator grants crypto license to Bahrain’s CoinMENA
The permit allows CoinMENA to provide retail and institutional customers in the United Arab Emirates with the ability to deposit and withdraw in UAE dirhams.
40% of crypto game devs are banking on trad gaming in 2024
More than a third of survey respondents believed the blockchain gaming industry benefited most from traditional game studios adopting Web3 tech in 2023.
Crypto hacking losses plunge by nearly 50% in 2023: Report
Blockchain intelligence firm TRM Labs credits this decline to enhanced security measures, law enforcement and industry coordination.
Crypto hacking losses plunge by nearly 50% in 2023: Report
Blockchain intelligence firm TRM Labs credits this decline to enhanced security measures, law enforcement and industry coordination.