US Lawmakers Continue Their Push for Stablecoin Reform
CoinSpeaker
by Mayowa Adebajo
2d ago
Coinspeaker US Lawmakers Continue Their Push for Stablecoin Reform Efforts by the US Congress to establish a robust regulatory framework for stablecoins may have picked up new momentum. This follows after two high-ranking lawmakers on the House Financial Services Committee met with Senate Majority Leader Chuck Schumer on Thursday to discuss the way forward. According to the initial report by Punchbowl News, the meeting was held in Schumer’s office, shortly after the Japanese prime minister jointly addressed Congress the same day. Patrick McHenry and Maxine Waters Keen on Stablecoin Reform Reps ..read more
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Ethereum’s Pectra Hard Fork Could Focus on Retrieving Lost Private Keys
CoinSpeaker
by Bhushan Akolkar
2d ago
Coinspeaker Ethereum’s Pectra Hard Fork Could Focus on Retrieving Lost Private Keys The Ethereum blockchain developers have continued to push ahead with technological advancements bringing new innovative features to the mainnet. Reportedly, the Ethereum team is working on an interesting new feature wherein users don’t need to worry anymore about losing their private keys. The upcoming Pectra hard fork for Ethereum will have a “social recovery” feature which would be a part of the Ethereum Improvement Proposal (EIP) 3074 upgrade. In a post on Thursday, April 11, Ethereum’s lead developer Tim Be ..read more
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21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?
CoinSpeaker
by Bhushan Akolkar
2d ago
Coinspeaker 21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000? Throughout this week, the world’s largest cryptocurrency Bitcoin (BTC) has shown strong volatility as we stare at Friday’s Bitcoin options expiry. As of press time, the BTC price is trading 6% up on the weekly chart at $70,922 with a market cap of $1.4 trillion. As per data from Greeks.live, a staggering 21,000 Bitcoin options are set to expire having a notional value of $1.5 billion and a put call ratio of 0.62. The max pain point for the expiry currently stands at $69,000. With the US CPI data and inflation c ..read more
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Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80%
CoinSpeaker
by Bena Ilyas
2d ago
Coinspeaker Bitget’s Q1 2024 Report Reveals 100% Surge in Transactions Volume, While BGB Soars 80% Bitget, a major crypto e­xchange and Web3 firm, revealed its Q1 2024 Transparency Report, showing incredible growth and de­dication to a thriving crypto community. Trading volumes for spot and futures surged 100% compare­d to the prior quarter, while Bitge­t’s native BGB token value soare­d 80% during Q1 2024, solidifying Bitget’s position as a major player in the crypto. The futures trading volume­ reached US$1.4 trillion, signifying a substantial 146% surge compared to Q4 2023. Moreover, the sp ..read more
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KuCoin Research: Institutional Investors Poured $1.6B on 180 Crypto Projects in March 
CoinSpeaker
by Chimamanda U. Martha
2d ago
Coinspeaker KuCoin Research: Institutional Investors Poured $1.6B on 180 Crypto Projects in March  KuCoin research, the analytics arm of the crypto exchange, has released its monthly report on market trends, sharing insights into the industry’s behavior in the past month. According to the report, the number of financing in the digital asset space increased by 50% in March to reach $1.6 million compared to February. The month witnessed a resurgence in institutional investments, coinciding with Bitcoin’s climb to a new all-time high above $73,000 after a two-year downturn. Pushed by positiv ..read more
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Trust Wallet Introduces MEV Protection for Secure and Fair Crypto Transactions
CoinSpeaker
by Temitope Olatunji
2d ago
Coinspeaker Trust Wallet Introduces MEV Protection for Secure and Fair Crypto Transactions Trust Wallet, a leading crypto wallet and Web3 gateway with over 80 million users, has made an advancement by introducing Miner Extractable Value (MEV) Protection. This new feature ensures the security and fairness of crypto transactions. The implementation of this solution is a direct response to user complaints about technical issues and hacking incidents, showing the wallet’s commitment to improving the overall crypto experience for its large user base. MEV Protection coincides with an upgrade to Trus ..read more
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Cheqd Partners with Andromeda and Devolved AI to Enhance Trusted Data Markets
CoinSpeaker
by Godfrey Benjamin
2d ago
Coinspeaker cheqd Partners with Andromeda and Devolved AI to Enhance Trusted Data Markets cheqd, a privacy-preserving payment and credential network, announced a strategic partnership with Andromeda Protocol and Devolved AI to increase the growth of Trusted Data Markets. cheqd Building a Foundation for Trusted Data Economies With the partnership, cheqd is creating the groundwork for a Trusted Data ecosystem that will enable users to manage their data while protecting their privacy in Web3. In Trusted Data Markets, organizations issue verifiable data to holders, who actively exchange it with in ..read more
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Bitrace Empowers Hong Kong Police with On-Chain Crypto Funds Tracking Training
CoinSpeaker
by Godfrey Benjamin
3d ago
Coinspeaker Bitrace Empowers Hong Kong Police with On-Chain Crypto Funds Tracking Training Bitrace, a blockchain data analysis company, has provided on-chain fund tracking training to officers of the Hong Kong Police Force. The training, done as part of the firm’s Corporate Social Responsibility is to help bolster law enforcement’s understanding of blockchain technology, particularly as Hong Kong continues its push as the new darling of the crypto economy. According to a local media source, the training sessions were conducted for the Cyber Security and Technology Crime Bureau (CSTCB) and ..read more
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Thailand Authorities Target Crypto Peer-to-Peer (P2P) Trading Regulations to Combat Online Fraud
CoinSpeaker
by Tolu Ajiboye
3d ago
Coinspeaker Thailand Authorities Target Crypto Peer-to-Peer (P2P) Trading Regulations to Combat Online Fraud Authorities in Thailand are targeting peer-to-peer (P2P) trading as part of broader efforts to tackle online fraud in the country. In a meeting, several state agencies called for regulating P2P crypto trading and digital asset purchases to protect people from financial loss. Thailand to Prevent Scammers from Cleaning Money via P2P Trades In attendance were representatives from several agencies, including the Defense Ministry, the Thai Securities and Exchange Commission, the Royal Thai P ..read more
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Mempool Developer Criticizes Many Bitcoin Layer 2 Solutions, Claims They Are Created to Defraud Users
CoinSpeaker
by Temitope Olatunji
3d ago
Coinspeaker Mempool Developer Criticizes Many Bitcoin Layer 2 Solutions, Claims They Are Created to Defraud Users Bitcoin (BTC) has faced some challenges in terms of scalability, leading to a pursuit of solutions to improve its ability to process transactions. In the bid to propose solutions, Layer 2 (L2) technologies have emerged, offering the potential to ease the strain on the base layer and unlock new possibilities for the digital asset. However, the path to scalability has sparked a divisive debate within the crypto community, with supporters expressing their concerns about the advantages ..read more
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