The crypto industry has gone through a lot of challenges. The bear market dragged its total market cap from $3 Trillion to around $700 million. To make matters, worst government regulators made it hard for crypto projects to do business…
Bitcoin is Likely to Retain Value by 2035 – According to ChatGPT
Conor Grogan, a Coinbase executive, used a jailbreak application to bypass ChatGPT’s restrictions. He was able to ask the AI to predict if Bitcoin will lose 99.999% of its value and fade to irrelevancy by 2035. ChapGPT stated that there…
Altcoins at a Glance – Important Updates About DOGE, MATIC, Mastercard, and Venmo
Welcome back to Altcoins at a Glance, your quick shot of Altcoin news. We know your time is precious so combed through the latest news and summarize it for you. Binance Introduces DOGE/TUSD Pair Venmo Users Can Transfer Bitcoin and…
Binance Introduces New TUSD Pair for DOGE
Binance, the largest crypto exchange, has introduced a new trading pair for Dogecoin (DOGE). The top platform’s users can now use True USD (TUSD) when trading DOGE, crypto’s top meme coin by market capitalization. The new DOGE/TUSD pair was introduced…
Crypto Transfers Are Now Allowed in the Popular Platform Venmo
Venmo, a popular payment app, has enabled a new feature that allows users to transfer cryptocurrencies to other Venmo and PayPal wallets, as well as to other crypto wallets. This new feature will be available to customers starting May 2023.…
Hong Kong to Be the Next Crypto Nexus
Hong Kong, a former Crown Colony, is fast becoming a haven for crypto companies. A statement written by Arthur Yuen, Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), discussed how to handle virtual asset-related entities. He reminded banks…
Apparent Blacklisting of Crypto from Banks Being Investigated by Congress
Heads of three House committees, Patrick McHenry (NC-10) of Financial Services, French Hill (AR-02) of Digital Assets, Financial Technology and Inclusion, and Bill Huizenga (MI-04) of Oversight and Investigations, wrote to the top executives of the Federal Reserve, the FDIC,…
Binance Walks Away from Once Promising Billion Dollar Voyager Deal
Binance.US announced in a Twitter post that it is pulling out of the deal to acquire the collapsed crypto company Voyager Digital. The biggest crypto exchange stated that it is just exercising its rights to terminate the asset purchase agreement…
Popular Star Taylor Swift Dodged the FTX Bullet
The FTX fallout affected a lot of companies and retail investors. This understandably earned the ire of a lot of people who demanded their pound of flesh. Celebrities, who were paid to endorse the collapsed crypto platform, were not spared…
Gensler Receives Powerful Lashes from Congress Majority Whip
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has been reprimanded by House Majority Whip Tom Emmer for the former’s incompetence in handling the crypto industry. The congressman commented that the actions of the SEC have forced crypto…