Daily Archives: November 19, 2024

Nansen Collaborates with TRON DAO to Empower Developers and Users with Advanced Blockchain Insights

Singapore, November 19, 2024 — Leading blockchain data provider Nansen announced its collaboration with TRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. TRON, the trusted network for developers, institutions, and individuals worldwide, will be fully integrated on Nansen 2. This collaboration aims to supercharge the…

Metaplanet Acquires Additional 124 BTC as Stock Prices Skyrocket

Metaplanet has announced the purchase of 124.117 bitcoin for a total of 1.75 billion yen. This brings the company’s total bitcoin holdings to 1,142.287 BTC, valued at around 11.372 billion yen (approximately $73 million). Metaplanet’s Stock Surges 15% According to a post on X, the new purchase was made at an average price of 14,099,600…

Trump taps crypto advocate Howard Lutnick as commerce secretary

President-elect Donald Trump announced Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Secretary of Commerce on Nov. 19. The decision positions Lutnick, a vocal proponent of protectionist trade measures and cryptocurrencies, at the helm of US economic policy, focused on tariffs and trade reform. Trump said in a statement: “Howard…

Bitfinity bridges Bitcoin and Ethereum with new Layer-2 mainnet, raises $12 million

Bitfinity Network, a Bitcoin Layer-2 solution compatible with the Ethereum Virtual Machine (EVM), has officially launched its mainnet after raising nearly $12 million, according to a Nov. 19 statement shared with CryptoSlate. The Layer-2 network aims to bridge the gap between Bitcoin and DeFi, offering enhanced interoperability and abstraction. Its goal is to bring Bitcoin-native…

Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC

Teresa Goody Guillén, a veteran of the U.S. Securities and Exchange Commission, is among the candidates president-elect Donald Trump is considering to lead the agency, people familiar with the situation said.

Bitcoin registers new all-time high inches away from $94,000

Bitcoin (BTC) reached a new all-time high of $93,970.91 on Nov. 19, roughly $500 above its previous price peak less than a week ago. BTC rose 3% over the past 24 hours. According to CryptoSlate data, Solana (SOL) closely followed Bitcoin’s performance, with a 2.7% price increase, reaching $244 at the time of publication. Meanwhile,…

Heather Morgan Sentenced to 18 Months for Laundering Funds from Bitfinex Hack: Report

Heather Morgan, widely known by her rap persona “Razzlekhan,” has been sentenced to 18 months in prison for her role in laundering funds stolen during the 2016 Bitfinex cryptocurrency hack. Morgan pleaded guilty to conspiracy charges related to money laundering and defrauding the United States earlier this year. A Deliberate Scheme According to a CoinDesk…

Rumble Stock Rises as CEO Teases Bitcoin Adoption

The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.

Stablecoin market hits 2-year high of $183B amid Trump victory fueled optimism

The crypto market has witnessed a significant influx of about $10 billion in new capital following President Donald Trump’s victory in the US elections on Nov. 5. DeFiLlama data shows that Tether’s USDT led the charge, rising $8 billion to a new record of $128 billion. Circle’s USDC followed closely, adding $2 billion to reach…

Grayscale unveils updated covered call ETFs for Bitcoin and Ethereum

Grayscale Investments has updated proposals for its Bitcoin and Ethereum Covered Call ETFs, according to Nov. 18 filings with the US Securities and Exchange Commission (SEC). The funds aim to generate income through options contracts linked to the firm’s Bitcoin and Ethereum exchange-traded products (ETPs), including the Grayscale Bitcoin Trust (GBTC), its mini Bitcoin trust,…