Author: Lara

BNB Chain has outlined its bold technology roadmap for 2025, aiming to revolutionize the blockchain ecosystem by integrating artificial intelligence (AI), boosting scalability, and tackling long-standing security challenges. The roadmap details the network’s plans to incorporate AI-driven smart contract automation, scale transaction capacity to 100 million transactions per second (TPS), and implement stronger defenses against maximal extractable value (MEV) exploits. AI at the Core of BNB Chain’s 2025 Roadmap The BNB Chain, originally developed by Binance, has set its sights on reducing transaction latency to sub-second speeds while introducing gasless transactions to enhance user experience. In addition, the blockchain aims…

As the U.S. government moves toward making the country a global leader in cryptocurrency, major Wall Street banks are stepping up their efforts to secure initial public offering (IPO) deals with crypto firms. According to a Bloomberg report, banks such as Morgan Stanley, Bank of America, and the Royal Bank of Canada are increasingly focused on expanding their crypto portfolios, with several exchanges considering going public in the near future. The growing interest in crypto IPOs comes at a time when major exchanges like Gemini and Bullish are weighing the possibility of public listings. Kraken and Circle, a prominent stablecoin…

Dubai, UAE, 10th February 2025, Chainwire

The University of Austin is set to establish a Bitcoin investment fund aimed at exploring the long-term potential of digital assets within its endowment strategy. According to a report from the Financial Times, the 142-year-old institution is raising a $5 million Bitcoin fund as part of its $200 million endowment, making it the first university in the U.S. to launch a dedicated fund focused on Bitcoin. An endowment is a collection of donated funds that a university invests to generate returns over time, which are then used to support various operational costs, scholarships, research, and more. The University of Austin’s…

Russian Bitcoin miners are expressing concerns over a new government registry that collects sensitive information, including crypto wallet addresses, under recently implemented regulations. Lawmakers, including Anton Gorelkin, who oversees information policy in Russia, have warned that the exposure of this data could serve as a “big gift to our geopolitical opponents” if it were to be leaked. Launched in November 2024, the national registry is managed by Russia’s Federal Tax Service. Daniil Yegorov, the head of the tax agency, previously reported that around 150 miners had registered in the first three weeks of the registry’s operation. However, the ongoing process…

El Salvador made history in 2021 as the first country to adopt Bitcoin as legal tender. However, the nation has now reversed its decision after considerable pressure from the International Monetary Fund (IMF). What prompted this shift, and what were the key outcomes of this almost four-year-long Bitcoin experiment? Table of Contents The Bitcoin Experiment in El Salvador In 2021, El Salvador passed a law making Bitcoin a legal tender, meaning it was not just accepted but required for transactions. The government mandated that businesses accept Bitcoin for goods and services, and it started collecting payments like taxes and fees…

Miami, Florida, 5th February 2025, Chainwire

Hong Kong’s Securities and Futures Commission (SFC) is ramping up efforts to solidify the city’s status as a global crypto hub by expanding its crypto regulation team. The move is part of a broader initiative to enhance market surveillance, expedite exchange approvals, and strengthen enforcement in the cryptocurrency sector. In its budget proposal for the 2025-2026 fiscal year, the SFC is seeking to add 15 new staff members, with eight specifically dedicated to regulating virtual asset trading platforms (VATPs). This marks a significant increase in manpower aimed at improving the oversight of the growing crypto market. The proposed budget, presented…

‘GameFi’ the gaming with finance sectors have been changing gears and are constantly approaching a new milestone, and the launch of some known projects such as Monsta Mash and a few others have changed the old school mentality of one seeking opportunity to earn with playing. The data available shows that the GameFi market is expected to reach $126 billion in the near future, and to this massive figure $MASH the utility token of the Monsta Mash ecosystem has majorly contributed and continues to contribute by luring hundreds of new investors and traditional gamers. The opportunity to become a millionaire…

Tortola, British Virgin Islands, 30th January 2025, Chainwire

The time is running out! Don’t miss the opportunity to be part of the Monsta Mash presale, the GameFi project revolutionizing the space has marked a milestone as it successfully raised over $1 million in presale. Who wouldn’t love the idea of playing games and earning at the same time? That’s exactly what Monsta Mash offers, revolutionizing the GameFi sector. Monsta Mash has been gaining huge attention in the GameFi and Crypto space, and experts see $MASH as the new investment opportunity for the one who missed the chance to invest in Bitcoin in its initial days. The application of ‘Cryptids-…

Dogecoin (DOGE) has experienced a notable surge in recent weeks, with its price climbing to $0.397, reigniting discussions about the cryptocurrency’s potential to reach the elusive $1 mark. This rally is being fueled by a mix of positive market factors, including the launch of a new DOGE-themed U.S. government website, bullish technical indicators, and growing interest from large institutional investors, known as “whales.” The Role of Historical Trends and Market Forces January has historically been a strong month for Dogecoin, with an average gain of 85% over previous years. This seasonal momentum, combined with recent whale activity, has sparked predictions…

SINGAPORE, SINGAPORE, 21st January 2025, Chainwire

Austin, United States / Texas, 19th January 2025, Chainwire

The United States Securities and Exchange Commission (SEC) has charged Digital Currency Group (DCG) and Soichoro “Michael” Moro, the former CEO of crypto lending firm Genesis, with misleading investors regarding Genesis’ financial health in the aftermath of the Three Arrows Capital (3AC) collapse. According to a filing released on January 17, DCG and Moro agreed to settle the charges by paying a combined $38.5 million in civil penalties. DCG is responsible for $38 million, while Moro will pay $500,000. Both parties resolved the case without admitting to or denying any violations of the Securities Act of 1933. “DCG and Moro…

The U.S. Securities and Exchange Commission (SEC) has granted approval for two spot cryptocurrency index exchange-traded funds (ETFs), marking a significant milestone in the evolution of crypto investment products. On December 18, the SEC gave the green light to Franklin Templeton’s crypto index ETF, allowing it to be traded on the Cboe BZX Exchange. The very next day, the commission also approved Hashdex’s crypto index ETF, which will be listed on the Nasdaq stock market. Franklin Templeton’s Fast-Track Approval Franklin Templeton’s crypto ETF received “accelerated approval” after the firm updated its filing to meet regulatory requirements. The SEC deemed the…

Bitcoin infrastructure firm Riot Platforms has made a significant investment by acquiring Bitcoin worth $68.45 million within the past few hours. This purchase follows the company’s recent announcement of a senior notes offering. According to data from Arkham Intelligence dated December 11, Riot Platforms added 705 Bitcoins to its holdings. The acquisition, equivalent to $68.45 million, was executed through six separate wallets. Five of these wallets, which remain unidentified, accounted for $68.26 million of the transactions. The remaining Bitcoin was transferred by the New York Digital Investment Group (NYDIG), contributing a minor portion to the total. Known as the second-largest…

New Zealanders are showing limited enthusiasm for the idea of a central bank digital currency (CBDC), according to feedback from the Reserve Bank of New Zealand’s (RBNZ) public consultation. The results, published on December 10, reveal that a majority of respondents do not see the introduction of a CBDC as important. Public Response to CBDC Consultation The consultation, which received 500 written submissions and over 18,000 survey responses, found that more than 70% of participants did not consider a CBDC — referred to as “digital cash” by the RBNZ — to be a priority. Only 16% of respondents agreed with…

Calgary, Alberta, 5th December 2024, Chainwire

On December 4, PancakeSwap achieved a new milestone, with its daily trading volume reaching a staggering $1.27 billion — the highest single-day volume since March 2024. The surge in trading activity comes after the decentralized exchange (DEX) launched its new token launch platform, PancakeSwap SpringBoard, which has captured significant attention in the crypto community. The data reveals that PancakeSwap, the largest DEX on the BNB Chain, saw its daily volume spike by over 60% compared to the previous day. The launch of SpringBoard, aimed at providing an easy-to-use platform for launching BNB-powered meme coins, has generated excitement among users, fueling…

Changpeng ‘CZ’ Zhao, the former CEO of Binance, has publicly stated that he has no intention of returning to the helm of the cryptocurrency exchange. However, he expressed that he would not oppose receiving a pardon from former President Donald Trump, following a suggestion from Telos Foundation’s Executive Director, John Lilic. On December 2, CZ responded to a post from Lilic, who had proposed that Trump consider pardoning him. Lilic suggested that such a pardon would allow CZ to return as CEO of Binance and help the cryptocurrency industry reach its full potential. He also described CZ as a victim…

In a dramatic turn of events, a user under the alias p0pular.eth successfully manipulated an AI bot named Freysa into transferring $50,000 worth of cryptocurrency, bypassing the bot’s core directive that prohibited releasing the funds. This victory came after 481 previous attempts, all of which had failed to convince the bot to give up the prize. The event, which unfolded on November 22, was part of an online challenge that tasked participants with sending messages to Freysa in an attempt to unlock a growing crypto prize pool. Each attempt to persuade the bot required a fee, and as the prize…

More than $550 million worth of stolen cryptocurrency was laundered through Tornado Cash in 2024, according to a new report from Global Ledger. The cryptocurrency mixing service, which has been under scrutiny for its role in facilitating illicit transactions, received a total of 457,768 ETH—valued at approximately $1.64 billion at current market prices—between January 1 and November 27, 2024. The report highlights that over 60% of the ETH deposits to Tornado Cash came from high-risk sources, including accounts linked to significant crypto hacks. A substantial portion—more than 56%—of the funds processed through the service originated from hacking incidents that took…

London, UK, 17th October 2024, Chainwire

Singapore, Singapore, 15th October 2024, Chainwire

Metaplanet has significantly ramped up its Bitcoin investments, doubling its holdings to over 450 Bitcoin this month alone. The Japanese investment firm’s stock jumped 15.7% on October 15 following its announcement of a recent purchase of nearly 107 Bitcoin. With this latest acquisition, Metaplanet now holds a total of 855.5 Bitcoin, valued at over $56.1 million, as stated in their October 15 release. The firm invested approximately $6.7 million (1 billion yen) for 106.976 BTC, securing the coins at around $62,520 each—5.8% below Bitcoin’s market price of $66,200 at the time. Before the Tokyo Stock Exchange’s lunch break at 11:30…

Ljubljana, Slovenia, 11th October 2024, Chainwire

Santa Clara, CA, 10th October 2024, Chainwire

Paris, France, 9th October 2024, Chainwire

New York, US, 9th October 2024, Chainwire