Gary Gensler praised the SEC’s role in protecting U.S. investors and indirectly hinted at his upcoming resignation.Since 2021, Gary Gensler has served as SEC Chairman. Under his leadership, the SEC has aggressively tried to regulate the crypto sector using traditional...
News Scrap
Somnia Launches Devnet for Lightning-Fast Blockchain Experience—400k TPS
TL;DR Somnia launches its public Devnet, capable of processing up to 400,000 transactions per second. It offers Ethereum compatibility and a $10 million grant program for developers. Users can test dApps and applications with free test tokens. Somnia has launched its...
18 US states Sue the SEC, Citing Authority Abuse Under Gary Gensler
On November 14, eighteen US states filed to sue the Securities and Exchange Commission (SEC) for “unconstitutional overreach and unfair persecution” of the crypto industry under Gary Gensler’s leadership.Notably, it was a joint filing led by Russell Coleman,...
Infura Unveils Progress in DIN, Plans AVS Launch on EigenLayer Platform
TL;DR Infura has announced significant advancements in its Decentralized Infrastructure Network (DIN), aiming to make Web3 more accessible and efficient, with DIN currently active on multiple networks. Infura plans to launch DIN as an Actively Validated Service (AVS)...
BOOSIE EXPECTING 9TH CHILD WITH FIANCEE RAJEL NELSON
Boosie and fiancee Rajel Nelson are expecting their first child together-a baby girl! The couple learned of the gender of their baby on November 14th at Boosie’s 42nd birthday celebration, which doubled as a gender reveal party. Boosie took to Instagram to share the...
XRP Soars 15% Amid Speculation of Gensler’s Exit and SEC Lawsuits
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler’s potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching...
Rod Stewart considers selling beloved sports cars due to Britain’s pothole-plagued roads
15 November 2024 Sir Rod Stewart says he "may" have to give up his "five beautiful sports cars" because of Britain's pothole-plagued roads. Sir Rod Stewart is considering selling his beloved sports cars due to Britain's pothole-plagued roads The 79-year-old music...
SEI to Support Drift Zone to Enhance Asian Gaming Market
Hong Kong, Hong Kong, November 15th, 2024, ChainwireDrift Zone, the Web3 gaming studio building the next evolution of Gacha games, has secured a $190,000 grant to integrate its rapidly-growing gaming ecosystem with the Sei network. With over 500,000 players already...
VanEck Says Bitcoin’s Path to $180K Has No Technical Resistance
TL;DR VanEck predicts Bitcoin could reach $180,000 by 2025, with no technical resistance in its path, according to Matthew Sigel, head of digital assets research. Bitcoin has surged nearly 30% since November 5, reaching a record of just under $93,490, driven by...