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ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
8.5.2024
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core...
Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
8.5.2024
The popular trading platform also beat first quarter revenue and earnings estimates
Japanese Exchange Coincheck Targets Nasdaq Listing in Q3 – Crypto Adoption Rising?
8.5.2024
Coincheck is getting ready to list on the Nasdaq and go public. By the third quarter (Q3) of 2024, the exchange hopes to accomplish this by a merger with Thunder Bridge Capital Partners IV (THCP), as it disclosed its intentions on May 8.
The post Japanese Exchange Coincheck Targets Nasdaq Listing...
House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto
8.5.2024
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto...
President Biden says he would veto resolution countermanding SEC crypto rule
8.5.2024
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
Vaneck Introduces Meme Coin Tracking With ‘MEMECOIN’ Index
8.5.2024
The investment management firm Vaneck has expanded into the meme coin sector with the launch of its new Marketvector meme coin index, “MEMECOIN.” This index, available through Marketvector Indexes—a company focused on digital assets and various other sectors—monitors the performance...
Crypto Is an Election Issue This Year. Is That a Good Thing?
8.5.2024
A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November
Blockchain education initiatives take off amid crypto bull market
8.5.2024
Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees
Binance CEO Says Nigeria’s Detention of Employee on ‘Spurious’ Charges Sets ‘Dangerous Precedent’
8.5.2024
Binance CEO Richard Teng has warned that Nigeria’s decision to invite and subsequently detain mid-level employees on what he calls “spurious” charges sets “a dangerous precedent for companies worldwide.” Teng stated that certain lawmakers in Nigeria demanded a significant...
Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round
8.5.2024
Crypto principal trading firm Arbelos Markets has successfully raised $28 million in an investment round that was significantly oversubscribed.
The post Crypto Trading Firm Arbelos Markets Raises $28 Million in Oversubscribed Investment Round appeared first on Cryptonews
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report
The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto
8.5.2024
In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else's
DeFi lending protocol Nexo allocates $12M for ecosystem incentives
8.5.2024
The rewards will be active until July 7 and will incentivize users to trade, earn, deposit, and borrow on the platform
Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance Proposal – Can It Sustain the Momentum?
8.5.2024
The Terra Luna Classic price (LUNC) has bounced 4% on Wednesday, despite a governance proposal to prevent double network validating falling flat and a stagnant tone to trade across the broader crypto market.
The post Terra Luna Classic Price Prediction as LUNC Rallies 4% Despite Failed Governance...
Ethereum Proposal by Vitalik Buterin Introduces Advanced Account Abstraction Features
8.5.2024
A new Ethereum Improvement Proposal, EIP 7702, spearheaded by Vitalik Buterin and fellow collaborators, aims to refine account abstraction on the Ethereum network, enhancing quantum resistance and compatibility with existing standards. EIP 7702 Targets Enhanced Security and Compatibility According...
Last Chance to Buy Solana’s Greatest Multichain Meme Coin, $DOGEVERSE, In $17 Million Presale
8.5.2024
Wednesday, May 08, 2024 – There’s not long left now to buy Solana’s greatest multichain good boy Dogeverse before his month-long presale concludes. The $DOGEVERSE token has already taken in well over $13 million toward its $17 million presale target. Crypto’s latest Shiba Inu-inspired meme...
Between days in court, Donald Trump will meet crypto enthusiasts for NFT dinner
8.5.2024
Anyone who spent at least $4,653 on Trump’s ‘Mugshot’ NFTs will be able to have dinner with the former president in Florida on May 8
Grayscale Withdraws Ethereum ETF Proposal Amid Skepticism Over SEC Approval
8.5.2024
Grayscale has retracted its application to list its ethereum trust, known as ETHE, as detailed in a filing with the U.S. Securities and Exchange Commission. James Seyffart, a Bloomberg analyst specializing in exchange-traded funds (ETF), expressed puzzlement over Grayscale’s decision to...
Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?
8.5.2024
The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much