The Cointelegraph Press Review

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• Bitchat tops app charts in Uganda as authorities cut internet
  Ugandan officials claimed that they could also shut down the internet-free, encrypted messaging app last week, but haven't done so yet.Bitchat has become the most-downloaded app in Uganda as state officials confirmed that internet access has been cut off and will remain inaccessible during the presidential election, which starts on Thursday.It marks the third straight […]
• Here’s what happened in crypto today
  Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.Crypto today: JPMorgan executives warned that some stablecoin designs could threaten the regulated banking system, while security firm SlowMist traced a $26 million Truebit exploit to a smart […]
• Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC
  The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals.Old Glory Bank, a crypto-friendly lender, said it will merge with Digital Asset Acquisition Corporation to form a Texas-based company listed on Nasdaq.In a Tuesday notice, Old Glory and special purpose acquisition company Digital Asset Acquisition […]
• Strive shares fall 12% after Semler deal to expand Bitcoin treasury
  The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies.Strive’s stock fell about 12% on Tuesday after the asset manager announced an all-stock deal to acquire Semler Scientific, a transaction that will significantly expand its Bitcoin holdings.The company, co-founded by Vivek Ramaswamy, […]
• Yield-bearing stablecoins risk 'dangerous' parallel banking system: JPMorgan CFO
  Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation.Stablecoins emerged as a topic during JPMorgan Chase’s fourth-quarter earnings call on Tuesday, with executives expressing support for blockchain technology while warning that certain stablecoin designs could threaten the regulated banking system.The comments came in response […]
• ETH’s back at $3.2K: Will traders flip the level from resistance to support?
  Ethereum remains the leader in total value locked, but declining usage and economic uncertainty in the United States may hinder a rally to $4,000.Key takeaways:Ether trades near $3,200 as weaker network usage and US economic uncertainty limit its price upside.Layer-2 networks drive most Ethereum activity, but cheaper rival blockchains reduce the chance of Ether reclaiming […]
• New NYC Mayor Mamdani says he holds no crypto, will not buy Adams' memecoin
  Less than two weeks into office, Zohran Mamdani said ”no” when questioned whether he held any crypto or planned to invest in a former New York City mayor's memecoin project.New York City Mayor Zohran Mamdani said Monday that he does not own cryptocurrency and has no plans to invest in digital assets, distancing himself from […]