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  • Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks

    Bitcoiners slam Saylor for throwing weight behind ‘too big to fail’ banks

    Bitcoin bull Michael Saylor previously said without Bitcoin self-custody, custodians would accumulate too much power which they could then abuse. MicroStrategy’s executive chairman, Michael Saylor, has been slammed over his latest comments recommending Bitcoin custodianship through “too big to fail” financial institutions rather than using self-custody — something he once championed.Saylor controversially suggested Bitcoiners have…

  • Ledger Live enables THORChain’s decentralized native cross-chain swaps

    Ledger Live enables THORChain’s decentralized native cross-chain swaps

    Ledger will allow users to swap assets across chains in its app using the decentralized liquidity protocol THORChain. Ledger Live has partnered with decentralized finance protocol THORChain to launch native cross-chain swaps on its platform, allowing users to swap assets across blockchains from within the Ledger Live app. The hardware wallet manufacturer announced the new feature…

  • Pump.fun launches ‘Advanced’ terminal to rival Photon, confirms token launch

    Pump.fun launches ‘Advanced’ terminal to rival Photon, confirms token launch

    Solana-based memecoin launch platform Pump.fun teased a new token and potential airdrop following its most successful week to date. The announcement was made during a Twitter Spaces event introducing Pump Advanced, the platform’s latest trading terminal designed to compete with established tools like Photon and Bull X. The new Pump Advanced terminal, optimized for the…

  • Cardi B embraces Solana with $WAP project, building a vibrant crypto community

    Cardi B embraces Solana with $WAP project, building a vibrant crypto community

    Today, $WAP, a new crypto project making waves on the Solana blockchain, officially announces its progress and growing community support. Bolstered by the involvement of global rap superstar Cardi B, who recently made headlines for joining the Solana ecosystem, $WAP aims to revolutionize crypto payments with its innovative embedded credit card solution. Cardi B Joins…

  • Crypto industry wields growing influence in US politics with donations climbing over $190 million

    Crypto industry wields growing influence in US politics with donations climbing over $190 million

    Political donations made by the US crypto industry have surged to record highs after surpassing $190 million as the final stretch of the election cycle approaches, CNBC reported on Oct. 20. This represents a significant increase from previous election cycles, marking nearly a 13-fold jump from the $15 million spent in 2020. The industry’s growing…

  • Stripe acquires stablecoin platform Bridge for $1.1 billion

    Stripe acquires stablecoin platform Bridge for $1.1 billion

    Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is part of Stripe’s plan to enter the stablecoin market. The announcement said the firms will focus on growing the adoption of stablecoins to make…

  • Mining PAC launches ad for Ted Cruz as early voting begins in Texas

    Mining PAC launches ad for Ted Cruz as early voting begins in Texas

    More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025. A political action committee (PAC) backed by cryptocurrency mining executives has launched two ad spots for Republican candidates as early voting continues in the United States for the November…

  • Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable

    Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable

    Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear. Bitcoin (BTC) price dipped to $67,000 on Oct. 21, erasing the gains from the previous three days. According to some analysts, one reason for the correction was investors reducing their Bitcoin exposure due to fears of contagion…

  • Chainlink using AI, oracles to bring market-moving corporate data on-chain

    Chainlink using AI, oracles to bring market-moving corporate data on-chain

    The oracle protocol is partnering with financial infrastructure providers including Franklin Templeton and UBS. Chainlink has piloted an on-chain database of corporate actions using artificial intelligence (AI) and decentralized oracle technology, according to an Oct. 21 announcement.The pilot seeks to harness “the combined advancements in AI, oracles, and blockchain technology to address the lack of…

  • Transak hit with data breach affecting 1.14% of its user base

    Transak hit with data breach affecting 1.14% of its user base

    Transak, a company providing fiat-to-crypto services, has reported a significant data breach affecting more than 92,000 users. In an Oct. 21 update, the firm revealed that the breach stemmed from a phishing attack targeting an employee’s laptop, leading to unauthorized access to sensitive user information. According to Transak, the attackers exploited the employee’s credentials to…

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