Today, Oct. 8, Crypto.com reported it has filed a lawsuit against the US Securities and Exchange Commission to challenge what it describes as the agency’s overreach in regulating the crypto industry. The company aims to protect the future of crypto in the United States by contesting the SEC’s authority and its methods of enforcement. It The post Crypto.com sues SEC for ‘illegal actions’ in crypto regulation following Wells Notice appeared first on CryptoSlate.

BitcoinOS (BOS) is set to integrate its Grail bridge with B² Network’s mainnet this year, enabling trustless bridging of BTC and Bitcoin assets using zero-knowledge proofs. This collaboration aims to secure over $110 million worth of assets on B² Network, a modular Bitcoin Layer 2 solution. BOS’s integration will leverage the ZK-based BitSNARK verification protocol, The post BitcoinOS and B2 Network to secure $110M in Bitcoin DeFi assets in 2024 appeared first on CryptoSlate.

Recent analyses indicate a significant positive correlation between rising inflation rates and increased crypto adoption worldwide. Countries experiencing high inflation are witnessing a surge in crypto usage as individuals seek alternatives to devaluing national currencies. Data compiled from Trading Economics show that nations like Argentina, Turkey, and Venezuela, which face inflation rates of 237%, 49.38%, The post High inflation vs regional conflict: Which leads to higher adoption of Bitcoin and crypto? appeared first on CryptoSlate.

Bitget exchange’s native BGB token plunged from $1.15 to $0.5344 on Oct.7 before partially recovering, causing concern among traders. The sudden volatility lasted about ten minutes, prompting Bitget to announce a compensation plan for affected users. At approximately 02:58 UTC, the token’s value dropped by 56% in just five minutes. Shortly after, BGB rebounded to The post BitGet suggests ‘sluggish market,’ Asian holidays caused BGB 56% drop, promises compensation for loses appeared first on CryptoSlate.

Melania Trump plans to expand her Web3 and NFT initiatives to support foster children if she returns to the White House, continuing her engagement with blockchain technology and digital assets. In a recent interview with Fox News, the former First Lady discussed her intentions to continue and enhance her “Be Best” initiative, which focuses on The post Melania Trump to focus on NFTs to help children on return to White House appeared first on CryptoSlate.