bitcoin news

HECO Network to Cease Operations a Year After $87M Hack
The HECO Network, Huobi’s (now HTX) Layer 1 blockchain, will officially retire on January 15, 2025, according to a recent announcement. As part of the shutdown process, users with HRC20 asset
Sky Protocol’s Flagship Stablecoin $USDS Expands to Solana
Sky Protocol’s flagship stablecoin, $USDS, officially launched on Solana. Sky Protocol sees the launch of $USDS as the first step in its broader strategy to enhance Solana’s DeFi liquidity an
Bitwise Joins Race for Solana ETF Amid Growing Interest in Crypto ETFs
Bitwise, a leading digital asset manager, officially filed for the registration of a "Bitwise Solana ETF Trust" in Delaware, marking another step in the growing competition among firms seekin
Mercado Bitcoin Launches MBRL Stablecoin Pegged to Brazilian Real on the TRON Blockchain
Mercado Bitcoin (MB), the largest digital asset platform in Latin America, introduced a new stablecoin called MBRL, which is pegged to the Brazilian Real (BRL) and launched on the TRON blockc
Coinbase CEO Brian Armstrong to Meet President-Elect Trump Over Possible Crypto Regulation
Coinbase CEO Brian Armstrong is set to meet with President-elect Donald Trump. This meeting, scheduled for next Monday, according to a report by the Wall Street Journal on Nov. 18. The discus
Teresa Goody Guillén Considered for SEC Chair Amid Trump’s Pro-Crypto Push
Teresa Goody Guillén, a seasoned blockchain lawyer and former SEC attorney, has emerged as a leading candidate to head of the U.S. Securities and Exchange Commission (SEC), per CoinDesk. A Ch
Floki Takes Valhalla to India with Ambitious Marketing Campaign
Floki has taken a bold step toward expanding its ecosystem with an ambitious marketing campaign in Delhi NCR, India. This campaign, announced on November 18, 2024, focuses on introducing Valh
Trump’s Team Discusses Potential White House Crypto Role Amid Growing Industry Influence
In the lead-up to President-elect Donald Trump’s inauguration, his transition team has reportedly opened discussions with the digital asset industry about creating a new White House position
Solana's Monthly DEX Volume Hits Records $70B as $SOL Nears ATH
Solana reached a historic milestone as its decentralized exchanges (DEXes) hit $70.9 billion in monthly trading volume, per DeFiLlama. This surge in activity marks the first time that Solana’
Injective Unveils iAgent SDK to Automate Blockchain Tasks with AI
Injective Layer 1 smart contract platform unveiled the iAgent software development kit (SDK), a tool designed to simplify blockchain interactions through AI-driven agents. This SDK allows use
Justin Sun Drops $6.2M on Controversial Banana Art, Calls It a "Cultural Phenomenon"
Justin Sun, the founder of the blockchain network TRON, made headlines by purchasing a controversial piece of art for $6.2 million at a Sotheby’s auction in New York. The artwork is a simple
Why Are Some Crypto Exchanges Ditching Stablecoins
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Bitwise to Launch First-Ever Aptos Staking ETP on SIX Swiss Exchange
Bitwise Asset Management announced the launch of a new exchange-traded product (ETP) centered around staking the Aptos network's native token on Nov. 19. This Aptos Staking ETP, trading under
Michael Saylor’s MicroStrategy Expands its Bitcoin Reserves to 331,000 With Latest Acquisition
Michael Saylor’s MicroStrategy acquired 51,780 bitcoins between November 11 and November 17, 2024, for a total of $4.6 billion. This marks one of the most significant single-week purchases of
Google Cloud to Back BNB Chain's MVB Program with $10M in Cloud Service Credits
BNB Chain announced a significant boost to its Most Valuable Builder (MVB) program with a $10 million investment from Google Cloud in cloud service credits. Exciting news! @googlecloud is inv
18 U.S. States Sue SEC Over Alleged Overreach in Crypto Regulation
18 U.S. states filed a lawsuit against the Securities and Exchange Commission (SEC), accusing it of overstepping its constitutional boundaries in regulating the cryptocurrency sector. The law
Floki Joins Forces with Animoca Brands' Forj to Launch $MONKY Memecoin
Floki, a prominent player in the cryptocurrency space, has announced its support for the upcoming launch of the $MONKY memecoin. This new token is the brainchild of Forj, a subsidiary of Anim
Quantoz Unveils MiCA-Compliant Stablecoins USDQ and EURQ Backed by Tether and Kraken
The Dutch fintech company, Quantoz Payments, introduced two new stablecoins, USDQ and EURQ, compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Backed by prominent
Pennsylvania House of Representatives Introduces Bill to Hold Bitcoin as Reserve Asset
The Pennsylvania House of Representatives introduced the "Pennsylvania Bitcoin Strategic Reserve Act," a bill aimed at diversifying the state treasury's investments by allowing up to 10% of i
BlackRock’s Tokenized Fund BUIDL Now Available on Aptos, Arbitrum, and More Blockchains
BlackRock, the world’s largest asset manager, announced expansion of its flagship tokenized real-world asset fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL). Tokenized by
DeFi Technologies Launches SolFi: The "MicroStrategy for Solana"
DeFi Technologies, a platform in cryptocurrency investing, recently introduced a new company called SolFi. Marketed as the "MicroStrategy for Solana," SolFi aims to provide direct exposure to