Solana developers on Monday announced a mainnet beta update, version 1.17.31, aimed at addressing the network’s recent congestion problems. This update specifically tackles issues caused by spam transactions, which have significantly slowed processing times and caused frequent transaction failures. In addition to alleviating network congestion, it is expected to stabilize issues related to recent open...
Bitcoin price prediction analyses see BTC trading at $64,950, up by nearly 2.50% amidst ongoing Middle East tensions. The volatile environment influences Bitcoin‘s market behavior, testing crucial support levels. Gold Rises Amid Middle East Tensions, Asian Markets and Bitcoin Decline The recent attack by Iran on Israel heightened fears of an escalating Middle East conflict,...
Winklevoss Capital, an investment firm founded by twin brothers Cameron and Tyler Winklevoss has invested $4.5 million in a non-league football club which is owned by crypto podcaster Peter McCormack. In an announcement, the UK-based football club Real Bedford (RBFC) said, following the investment both of the Winklevoss brothers will assume the role of co-owners...
Hong Kong Securities and Futures Commission (SFC) has just approved first spot Bitcoin and Ethereum exchange-traded funds (ETFs). Several official announcements have confirmed the approvals, including those submitted by China Asset Management Co. (China AMC), Harvest Global Investments, and Bosera International and HashKey Capital. First Bitcoin ETF Issuers in Hong Kong According to the post...
The UK’s Competition and Markets Authority (CMA), led by Sarah Cardell, has voiced its displeasure with the control of AI Foundation Models (FMs) by a small number of tech companies. This concern was outlined in a paper presented by Cardell during an Antitrust Law Spring Meeting in Washington on April 11. UK Competition and Markets...
Craig Wright, the Australian computer scientist claiming to be Bitcoin’s creator Satoshi Nakamoto, has dropped his appeal in a Norwegian defamation case against the well-known Bitcoiner Hodlonaut (a.k.a. Marcus Granath), according to a statement released on X Thursday. Marcus Granath Celebrates As Norway Appeal Is Dropped Granath first found himself in legal hot water with...
Mayor of London candidate Brian Rose announced plans on Wednesday to give city residents £100 worth of a new crypto token if elected as part of his plans to make the capital a “crypto-friendly city.” The token, aptly called $LONDON, would be funded by a 1% tax on traditional banks and could be used by...
Uniswap Labs, the creator of the Uniswap decentralized exchange (DEX) protocol and the issuer of the UNI token, was hit on Wednesday with a Wells notice by the US Securities and Exchange Commission (SEC), but vowed to fight back. A Wells notice is a notification from regulators to an individual or company that an investigation...
This year’s massive crypto rally was driven by the Bitcoin spot market, with on-chain analysis offering a unique look into the current state of the market cycle, according to Glassnode’s Tuesday report. Bitcoin Spot Volume: Now Versus 2021 Glassnode noted that spot volumes peaked at $14.1 billion in March, similar to levels seen at “the...
Venezuelan prosecutors say they have arrested former Vice President Tareck El Aissami, the alleged “ringleader” of a “crypto plot” to embezzle money from state oil sales. El Aissami had been on the run from Venezuelan law enforcers for around a year after allegedly converting cash “into cryptocurrencies.” Prosecutors think El Aissami and other senior government...