PRESS RELEASE. New York, 10 December 2024 – The highly anticipated art piece “Starbase 2050” created by the renowned digital artist Rui Huang is set to go under the hammer at Sotheby’s New York Digital Art Day Auction at 14:00 EST. This event has already attracted significant attention from the world, with numerous whale collectors, […]
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month. The legislation sets a path for enhanced regulatory clarity in the U.S. crypto ecosystem, balancing robust consumer protections with the needs of a burgeoning digital […]
Paypal and First Digital Stablecoins Dominate in December as Binance USD Heads Toward Extinction
The leading stablecoins, in terms of market capitalization, concluded 2023 with a combined value of around $ 131.69 billion, yet only two of the top ten experienced increases in 30-day supply. Data reveals that tether, the leading U.S. dollar-pegged crypto asset, observed a 2.5% uptick in its supply, while the newcomer, first digital usd, …
Over 40 Heads of State Will Attend BRICS Summit, South Africa Confirms
South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will participate in the summit that will take place on Aug. 22-24. South Africa has also claimed that 23 countries have formally applied for BRICS membership. 40+ Heads of State to Participate in BRICS Summit Nelson […]