US House financial committee tells SEC they don’t like custody proposal
12.5.2023
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry
Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes
11.5.2023
Developers resolved the finalization issues and are investigating what caused the outage
Federal Reserve's FedNow will integrate with Metal Blockchain
11.5.2023
The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols
BlockFi users to get back $297M from Wallet accounts: Report
11.5.2023
Return of funds does not apply to users of interest-bearing accounts, ruled U.S. bankruptcy judge Michael Kaplan
Donald Trump Urges Republicans to Let US Default on Debt if Democrats Don’t Agree to Spending Cuts
11.5.2023
Former U.S. President Donald Trump has urged Republican lawmakers to let the U.S. default on its debt obligations if the Democrats do not agree on “massive” spending cuts. Trump, who is also running for president in 2024, stressed that letting the U.S. default is “better than what we’re doing right...
BlockGPT launches ‘chat to earn’ ecosystem for training AI
11.5.2023
A new Web3 initiative aims to build a ChatGPT-style artificial intelligence system on the blockchain
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
11.5.2023
The Kenya-based company already has 3 million mobile phone users in Ethiopia and plans to make it the 10th country where the payment service will be available
US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions
11.5.2023
House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon....
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Elon Musk announces he will step down as Twitter CEO
11.5.2023
The soon-to-be former CEO will become Twitter’s executive chair and chief technology officer, overseeing product, software, and system operations
Binance Criticizes US Crypto Regulations, Eyes UK for Better Oversight
11.5.2023
Major crypto exchange Binance has criticized crypto regulations in the US, calling on the country to follow in Europe’s footsteps and provide clearer rules.
Speaking at the Financial Times’ Crypto and Digital Assets Summit in London on Wednesday this week, Binance’s Chief Strategy Officer Patrick...
Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
11.5.2023
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
Bitcoin's price has been a topic of great interest and speculation as bulls manage to maintain its value above the crucial $27,000 support level.
This resilience has sparked curiosity about the next target for BTC and what lies ahead in terms of its price movement.
Traders and investors alike...