Author: CryptooTimes
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users.
There is a long history of insurers helping to reduce industrial risks, from cars to buildings. They can play a similar role now in DeFi, where a lack of regulation stifles growth, says Q Rasi, co-founder of Lindy Labs.
Stablecoins regulations introduced across the European Union have prompted questions about the U.S. plans for fiat-pegged tokens. Shifting political conditions in the U.S. have spurred more crypto-friendly regulatory efforts. However, a bill approved by Congress and the White House remains an ongoing endeavor. “I am afraid crypto regulations will be pushed down the agenda towards 2025,” Fideum CEO and co-founder Anastasija Plotnikova told crypto.news in an interview. Plotnikova predicted the U.S. is on course for comprehensive stablecoin regulations regardless of who wins the elections unless “half-baked legislations” are rushed through in the coming weeks. Stabolut founder Eneko Knörr thinks legislation…
The price of Bitcoin briefly dropped to $57,874 amid a wider sell-off in the crypto market, while $54.9 million in Bitcoin long positions have been liquidated in the last 24 hours.
A federal judge overseeing the U.S. Securities and Exchange Commission’s case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.
After a New York Times report, Polymarket odds of President Joe Biden dropping out of the elections skyrocketed to over 70%. Early on Wednesday, Polymarket bettors placed wages on a 55% chance that Joe Biden would step down from the presidential race. Those odds massively improved following a report that Biden was mulling his future in the White House post-November. According to an unnamed member of Biden’s camp cited by the New York Times, the U.S. President sees beating Donald Trump on the ballot as an unlikely outcome. Shortly after, White House spokesperson Andrew Bates claimed the story was untrue…
The Cloudbreak Fund will invest in gaming finance, social finance, memecoins, derivatives, and layer-1/layer-2 projects across Chinese-speaking regions.
Bitcoin (BTC) Price Bottom Is Near as Miners Capitulating Near FTX Implosion Level: CryptoQuant
Two signs of miner capitulation are dwindling hashrate and mining revenue by hash (hashprice), both of which are down significantly this month, with hash rate plunging by 7.7% since the halving at hashprice nearing all-time lows. Hashrate is the mining power in the Bitcoin network, and hash price refers to the revenue miners earn from a unit of hashrate.
Image: Square EnixWith Final Fantasy 14: Dawntrail now out of Early Access and fully released for all, Warriors of Light are well into their new journey in the land of Tural. The main attraction for most will be the new main story quests that include a fascinating battle for succession in the tropical locale, starring everyone’s favorite Hrothgar, Wuk Lamat. But it turns out that a side-quest can spoil how that narrative wraps up and FF14 players are warning each other to avoid it to preserve the experience.Why Everybody Hates This Dragon’s Dogma 2 NPCThe side-quest in question is called…
Because of speculation over Joe Biden’s future in the 2024 presidential race, memecoins tied to potential successors like Kamala Harris have surged, which contrasts with volatile trajectories of Biden-inspired “Joe Boden” and “MAGA” coins. As the United States enters election season, it’s becoming evident that both campaigns are using crypto funds and conversions much more than in previous years. According to recent reports, there is speculation about Biden considering his future in the 2024 race, causing traders on Polymarket to raise the odds of the Democrat dropping out to nearly 80% on Wednesday, up from 55% earlier. This sudden increase…