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U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
30.5.2024
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary
Stablecoin market cap rises to 2-year highs as dominance slides to 6%: CCData
30.5.2024
After eight consecutive months of ascent, the stablecoin market capitalization has risen to a 24-month high of $161 billion in May
Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames
30.5.2024
The Mastercard Crypto Credential service makes peer-to-peer transactions more intuitive, and safer from mistakes / clever wallet attackers.
The post Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames appeared first on Cryptonews
Argentina’s Milei meets top tech CEOs to boost business relations
29.5.2024
Libertarian Argentina has “enormous possibilities” under his leadership, Milei tells Sam Altman
PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
29.5.2024
PayPal Holdings, Inc. announced the expansion of its stablecoin, PayPal USD (PYUSD), to the Solana blockchain to enhance transaction speeds and reduce costs, providing users greater flexibility and control.
The post PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions appeared...
TRUMP Coin Reaches All-Time High as Trump-Themed Cryptos See Major Gains
29.5.2024
The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge elevated the value of Donald Trump’s TRUMP coins to $8.06 million on May 29. Additionally, various Trump-related crypto assets are emerging from the woodwork...
US Treasury report outlines potential financial risks of NFTs
29.5.2024
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation
Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
29.5.2024
Bitfarms, a global Bitcoin mining company, has confirmed receiving and rejecting an acquisition proposal from Riot Platforms on April 22, 2024.
The post Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation appeared first on Cryptonews
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
29.5.2024
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary...
NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024
29.5.2024
NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets
El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
29.5.2024
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years.
The post El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029 appeared first on Cryptonews
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
29.5.2024
Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
The post...
Best Crypto to Buy Now May 29 – Shiba Inu, Worldcoin, Chiliz
29.5.2024
On a modestly bearish day for most major cryptos that saw Bitcoin (BTC) slide 1.5% to the low $67,000s and Ethereum (ETH) drop 2.5% back to the mid-$3,700s, traders hunting for the best crypto to buy now are scouring the altcoin market for outperformers.
The post Best Crypto to Buy Now May 29...
Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’
29.5.2024
The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session
Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity?
29.5.2024
With Bitcoin dropping to $67,000, traders are split—will BTC bounce back or is the sell-off set to continue?
The post Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity? appeared first on Cryptonews
Israel to Launch Digital Shekel Test for Payment
29.5.2024
The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...
New Iggy Azalea token has 'huge insider activity' — analytics firm
29.5.2024
Bubblemaps claimed that 10% of the MOTHER token supply was sold to a single account, which later dumped most of it at a profit
Paypal Expands PYUSD to Solana Blockchain for Better Payment Solutions
29.5.2024
Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available...
Mastercard's crypto credentials P2P pilot program goes live
29.5.2024
The credit card company hopes to streamline transactions and limit user error through an alias credentialing system