Crypto News

ElevenLabs Backs Congressional AI Safety and Innovation Bills

ElevenLabs supports US Congressional efforts to advance AI safety and innovation through two key legislative acts. (Read More)Source link

FOMO HOUR 168 – SEC DROPS SOL CLAIMS

BTC falls to $66k after government moves $2bn BTC. Transfer most likely just a new custodian. SEC plans to drop charges SOL is a security. SOL ETF not happening in near term: BlackRock. ETFs to hit model portfolios later this year: BlackRock. Grayscale ETH ETF outflows slow marginally. Tron surpasses ETH & SOL for 24hr revenue. Pump(.)fun revenue beats ETH. BTC future tied to the elections: Jeffries. Polymarket hits $1bn betting volume. Polymarket integrates with Substack. Binance Labs announce 7th season of incubations. There is merit to Bitcoin and other coins: Elon. DeFi coins rise as MKR votes to share fees. COMP agrees to share fees with token holders.Source link

HKMA Addresses Nova Credit Limited’s Operational Cessation and Exit from Credit Data Smart

The Hong Kong Monetary Authority (HKMA) responds to Nova Credit Limited's decision to cease operations and exit Credit Data Smart, ensuring data security. (Read More)Source link

Bitcoin Network Faces Toughest Mining Difficulty Increase Since 2022

The Bitcoin network has recently experienced its most significant difficulty adjustment since October 2022, with a 10.5% increase driving the metric to a record 90.67 trillion. This heightened challenge, combined with falling bitcoin prices, is intensifying the strain on miners. Miners Struggle as Bitcoin Difficulty Reaches New Peak On Wednesday, at block height 854,784, Bitcoin’sSource link

The Bahamas ‘Dares’ Again 1.5 Years After FTX Collapse, Brings in New Crypto Law

The Bahamas, where bankrupt cryptocurrency exchange FTX was headquartered, has seen a new crypto law passed in parliament, The Securities Commission of The Bahamas announced on Tuesday.Source link