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Ron Paul Warns Fiscal Responsibility Act Will Erode US Dollar Value, Hasten Loss of Reserve Currency Status
8.6.2023
Former U.S. Representative Ron Paul has warned that the Fiscal Responsibility Act, recently signed into law by President Joe Biden, will escalate government spending, debt, and deficits. It will also erode the value of the U.S. dollar, “making it more likely that the U.S. dollar will lose...
U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether
8.6.2023
The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers
First Mover Asia: Bitcoin Falls Below $26.5K as Crypto Market Fades Amid Coinbase, Binance Angst
8.6.2023
ALSO: Stablecoin balances may provide additional insight into price direction
JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status
8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...
Arbitrum Temporarily Stopped Processing Due to Software Bug
8.6.2023
UK FCA Proposes Ban on Crypto Incentives in Tough New Marketing Rules
8.6.2023
The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions
SEC Summons Binance CEO CZ as Lawsuits Shake Cryptocurrency Industry
8.6.2023
The United States District Court in Washington, D.C., at the request of the Securities and Exchange Commission (SEC), summoned Binance CEO Changpeng Zhao (CZ) on Wednesday. Binance CEO CZ Challenged by SEC Summons as Legal Battles Escalate On Wednesday, several social media accounts shared...
Robinhood ‘Actively Reviewing’ Listed Coins After SEC Sues Binance and Coinbase
7.6.2023
Robinhood is reviewing its crypto offerings after the U.S. Securities and Exchange Commission (SEC) went after major digital assets exchanges. In lawsuits against Binance and Coinbase, the regulator claims that a number of tokens listed by the trading platforms are unregistered securities....
‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
7.6.2023
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support
Coinbase CEO Armstrong Says Not Shutting Down Staking Service
7.6.2023
Coinbase
How To Watch Summer Game Fest, 2023's Biggest News Event Yet
7.6.2023
With E3 out of the picture this year, Summer Game Fest and all its satellite shows have the stage for video gamings’ annual summer showcase. Since all the presentations happening this week aren’t all in the same place, it might be hard to keep track of where to tune in. That’s what we’re here...
YouTube Influencers Predict This Coin Might 20x In 2023
7.6.2023
Social media is abuzz talking about the launch of what could be the hottest meme coin since Pepe coin (PEPE).
Wall Street Memes is one of the internet’s hottest retail investing communities that previously rose to prominence in the meme stock craze of 2021, but has recently been expanding...
BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble
7.6.2023
Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat
The Bitcoin Rich List: An In-Depth Look at the Largest Bitcoin Wallets in Existence Since 2014
7.6.2023
Over the past decade, several bitcoin wallets have been named the largest in existence. However, since 2021, Binance has controlled the largest bitcoin address, which currently holds 248,597 BTC and is worth approximately $6.66 billion. Just over nine years ago, the largest wallet belonged to...
12 Ways Web3 Media Could Embrace AI
7.6.2023
From chatbots to deep blockchain data analysis, artificial intelligence can help Web3 news organizations function. But there are plenty of pitfalls too
Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive
7.6.2023
Only the miners with the lowest energy costs and most efficient equipment will survive the once-every-four-years event
NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior
7.6.2023
Amid an extended crypto winter that has cooled NFT trading, platforms like Blur, Binance and Astaria have introduced new lending options to boost liquidity. While some traders support NFTfi, others say the trend is risky
Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
7.6.2023
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were...
Crypto Billionaires Lose Big Amid SEC's 2023 Crackdown on Binance and Coinbase
7.6.2023
Crypto billionaires have been hit hard by the Securities and Exchange Commission's crackdown on Binance and Coinbase, incurring huge losses so far this week.
Binance CEO Changpeng Zhao, known as CZ, has seen his net worth shrink by $1.4 billion to $26 billion, while Coinbase CEO Brian Armstrong...
The SEC Is Fighting the Last War
7.6.2023
SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not