French Hill voted in to chair US House Financial Services Committee next year
Hill won after a second round vote, beating three other crypto-friendly Republicans Current Chair Patrick McHenry is retiring in on January 25, 2025 Hill has championed several crypto bills, including…
Kraken shutting down its NFT marketplace just a year after its launch
Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The…
UK to unveil crypto and stablecoin regulatory framework early next year
The UK will introduce unified crypto regulations, including stablecoins, in early 2025. New rules aim to simplify oversight and avoid restrictive staking classifications. Labour government aims to compete with EU’s…
New government legislation could open up sports betting in Alberta, Canada by end of this year
Alberta’s Bill 16 will allow third-party operators in online gambling by 2025 The province aims to capture grey market bets and boost revenue like Ontario Safeguards like self-exclusion and player…
VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges…
Online casinos will add $7.10B a year to the British economy by 2029, according to market data
UK online casino sector to grow from $6.47B to $7.10B annually by 2029 UK leads globally in online casino revenue, surpassing the US in 2024 Cryptocurrency adoption boosts UK online…
Online casinos will generate more revenue in the UK this year than in the US, new data reveals
UK online casinos forecast to generate $6.468 billion in revenue in 2024, surpassing USA’s $6.29 billion UK has higher user penetration (17.4%) and ARPU than the US (9.4%), which offsets…
Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3
Grand Cayman, Cayman Islands, May 3rd, 2024, Chainwire Protocol launches, growth trajectory, and industry-leading technology point toward more success to come On the first anniversary of Sui’s Mainnet launch, the…
Ripple CEO believes crypto market could reach $5 trillion by year end – Here are top 3 picks that might help position you for gains
Ripple CEO is claiming the crypto market could reach $5 trillion by the end of 2024. Investors are looking for better opportunities to invest and gain lucrative profits if that…
Fidelity raises eyebrows at Ethereum’s validator boom, analysts predict stellar year for this AI altcoin
The Ethereum (ETH) network has witnessed a surge in validators following the Shapella upgrade. This has raised concerns about technical capacity and the potential for centralization. With validators now able…