Cryptocurrency
SOL price rallies to $161 after ETF news, but is the rally sustainable?
Key takeaways:The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted.Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally.Solana’s native token, SOL (SOL), surged 7% on Monday after confirmation...
Cryptocurrency
Industry’s PAC Keeps Seeking to Add Allies as Congress Hashes Out Crypto Legislation
The crypto industry's political-finance arm, the towering campaign-funding entity known as Fairshake, dropped another $1 million into the coffers of a special-election candidate hoping to replace a Virginia Democrat who died in office, Representative Gerald Connolly.A História Continua abaixoThe...
Cryptocurrency
South Korea to halt CBDC project; to focus on won-pegged stablecoins –
Saniya -
Key TakeawaysThe central bank’s internal reassessment has shifted attention away from a state-issued digital won and toward regulatory frameworks for Korean won-pegged stablecoins.Participating banks were notified of the decisionThe Bank of Korea has formally suspended preparations for the second...
Cryptocurrency
Metaplanet Acquires Extra 1,005 Bitcoin, Boosting Total Holdings to 13,350 BTC – News Bytes Bitcoin News
Metaplanet (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,005 bitcoin as part of its ongoing Bitcoin Treasury Operations, bringing its total holdings to...
Cryptocurrency
Hacked Iranian crypto exchange Nobitex slowly restores services
Hacked Iranian crypto exchange Nobitex has begun the process of restoring services after it was attacked by pro-Israel hacker group Gonjeshke Darande earlier this month.The exchange stated that only users who have completed identity verification will have access to...
Cryptocurrency
Crypto Startups Raise Alarm Bells in Kenya’s VASP bill, alleges Binance-backed Monopoly –
Saniya -
Key TakeawaysAccording to the proposed law, VAC will be included as a nominating body on the regulatory board. They argue that recent policy events held by VAC were funded by Binance, and that the organization should not be awarded a...
Latest News
Sudan civil war: Losing a baby, rescuing a child and dodging air strikes in Darfur
Anne SoyDeputy Africa editorBBCAged just 19, Alawia Babiker Ahmed miscarried as she was fleeing on foot the devastating war...