The 2024 United States elections will be held on Nov. 5, as digital asset policy becomes a growing concern among pro-crypto voters.
SEC Takes Aim At IMX: Immutable Faces Potential Lawsuit Over Token Sales
The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC’s contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0.10 or a $10 pre-100:1 split. Immutable has questioned the SEC’s judgment, saying that […]
Crypto Biz: Crypto industry faces fresh round of layoffs
This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders.
ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials.
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.
Frenchman behind Trump Polymarket pump has ‘no political agenda’ — WSJ
Polymarket data showed four accounts reportedly controlled by French national ‘Théo’ bet roughly $38 million for Donald Trump to win the US Electoral College and the popular vote.
Ignoring blockchain may cost politicians at the polls — Digital Chamber CEO
As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support.
Worldcoin Rejection At $2.1 Sparks Concerns Of Prolonged Downtrend
Worldcoin’s recent failure to breach the $2.15 resistance level has put the token under renewed bearish pressure, leaving investors to question if a prolonged downtrend may be unfolding. The $2.15 mark has become a key battleground, with sellers pushing prices lower each time buyers attempt a breakout. As Worldcoin struggles to regain upward moment
SEC Plans Legal Action Against Web 3 Firm Immutable
The US Securities and Exchange Commission (SEC) plans to sue Web 3 gaming firm Immutable. According to the company, the regulator issued a Wells Notice to the company, adding it to a growing list of crypto firms targeted in recent years. The Wells Notice, a formal communication used to notify companies of potential regulatory action, […]
Kalshi rolls out more betting markets ahead of US elections
The US-based prediction market is vying to catch up with industry leader Polymarket.