After months of posturing, standoffs, and closed-door edits, the Senate crypto bill passed, AKA the GENIUS Act. It is the first real attempt at regulatory framework targeting stablecoins. The final vote came in at 68 to 30, a rare show of bipartisan muscle in a chamber better known lately for doing nothing. For crypto, it’s … Read more
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing … Read more
Canadian agricultural firm AgriFORCE Growing Systems Ltd. has launched an initiative to use stranded gas to power 120 Bitcoin mining rigs, which the company says it plans to expand. The site, located in Berwyn, Alberta, and launched in partnership with energy provider BlueFlare Energy, draws in 425 kilowatts (kW) for 32 petahashes per second (PH/s) … Read more
Pump.fun’s reappearance on X is dramatic: sudden suspension, rampant theories, then a quiet return in less than 24 hours. No answers, just a more paranoid market left picking up the pieces. On June 16, without warning or explanation, the official X account for Pump.fun, the Solana-based memecoin launchpad, was abruptly taken offline. Shortly after, the … Read more
Bitcoin and the broader crypto market tumbled after US President Donald Trump sparked macroeconomic uncertainty with his remarks threatening Iran’s supreme leader, Ayatollah Ali Khamenei. “We know exactly where the so-called ‘Supreme Leader’ is hiding. He is an easy target, but is safe there — We are not going to take him out (kill!), at … Read more
The UK financial landscape is buzzing with anticipation. A significant shift appears to be on the horizon as UK institutions, specifically those overseeing retail funds, are reportedly gearing up to dive into the world of UK Crypto ETPs (Exchange Traded Products). This readiness hinges entirely on receiving the green light from the Financial Conduct Authority … Read more
Spokane, the second-largest city in the US state of Washington, has banned crypto ATMs to fight rising scam activity targeting the city’s residents. Spokane City Council said on Monday that it became the first city in Washington to ban cryptocurrency ATMs following a unanimous vote. The measure was proposed by Council member Paul Dillon, who helped … Read more
A bitcoin donation of over $46 million from convicted criminal Tomáš Jiřikovský to the Czech Ministry of Justice has sparked a crisis in the coalition government, leading to a no-confidence vote initiated by opposition parties on June 17. Government Accused of Underworld Ties A controversial bitcoin donation has plunged the Czech coalition government into crisis, … Read more
Valuing blockchain networks today feels like déjà vu for anyone who lived through the early internet era. In the 1990s, analysts, investors, and founders struggled to apply familiar financial models to a radically unfamiliar technology. Companies with little more than a website and a pitch deck were valued in the hundreds of millions, sometimes billions, … Read more
Europol has shuttered one of the longest-running dark web marketplaces, Archetyp Market, but blockchain intelligence firm TRM Labs says the marketplaces are highly adaptive to shutdowns. Europol said on Monday that it shut down Archetyp Market’s main infrastructure in the Netherlands through a series of raids involving six countries. Key Archetyp personal and technical infrastructure … Read more