Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the...
Month: May 2023
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics...
Binance to Withdraw From Canadian Market Due to Regulatory Climate
Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian...
QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’
The creditors will receive a monetary equivalent of the value of their lost crypto assets as April 15 2019. Creditors...
Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has...
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth...
IMF Warns of ‘Very Serious Repercussions’ if US Defaults on Debt Obligations
The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if...
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in...
Sleeping Bitcoin Wallet Awakens: $3.7M Worth of BTC Suddenly Moves After Close to 12 Years of Dormancy
On May 11, 2023, a long-inactive bitcoin wallet sprang to life and transferred a substantial 139.7 bitcoin worth $3.7 million....
Bakkt delists majority of tokens from recently acquired Apex Crypto platform
The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” Digital asset firm...
Choosing the Best Cryptocurrency Casino Website: A Comprehensive Guide
However, with countless options available, it can be challenging to determine which cryptocurrency casino website is the best fit for...
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the...
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin...
Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’
Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the...
BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion,...
