Vice President Kamala Harris’s remarks on fostering technologies like artificial intelligence (AI) and blockchain have sparked plenty of chatter in the crypto community. While some see her words as encouraging and forward-thinking, others believe Harris is merely pandering and looking to gain political support. VP Harris Faces Skepticism Over Blockchain Statement Amid Ongoing Crypto Crackdown […]
On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […]
With fewer than 300 blocks remaining until Bitcoin’s fourth halving, speculation has been rife, with many expecting a ‘sell the news’ scenario following an 11% drop in bitcoin prices. On the other hand, this downturn might just be the precursor to a shakeout and a subsequent significant uptick. Large holders, often known as ‘whales’, are […]
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’s founder, Jesse Powell, labeling it as “a step back for the industry.” Social Media Giant X Drops NFT Profile Service […]
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend in consumer pricing. Steady CPI in October Balances Shelter Rise […]