Circle co-founder and CEO Jeremy Allaire has released his upcoming testimony before the U.S. House Financial Services Committee on Digital Assets. In his statement, Jeremy emphasized that actions taken by the U.S. government in the coming years will have a significant impact on the competitiveness of the U.S. dollar for decades to come. He emphasized […]
Crypto Industry Leaders Urge Congress to Act Amid SEC Crackdown on Digital Assets
Five key figures in the cryptocurrency industry testified before Congress amid an escalating debate over the regulation of digital assets. Circle CEO Jeremy Allaire; Coy Garrison, former SEC attorney; Ava Labs CEO Emin Gün Sirer; NFA CEO Thomas Sexton ; Prometheum representatives delivered their testimony that shed light on the pressing issues at hand. During […]
MineLab.bz Revolutionizes Cloud Cryptocurrency Mining with AI Optimization, Delivering Daily Returns of up to 3%
London, United Kingdom – MineLab Limited, a leading cryptocurrency cloud mining company, is proud to announce the launch of MineLab.bz, a cutting-edge platform that utilizes artificial intelligence (AI) to revolutionize the mining process and deliver substantial daily returns to its users. Cryptocurrency mining has traditionally been a complex and resource-intensive process, requiring specialized hardware and […]
Thailand begins retail CBDC pilot to assess digital baht feasibility
Bank of Thailand expects the total number of participants to reach around the 10,000 mark while viewing the CBDC project as a “pilot to learn” instead of a pilot launch. […] Read More… The post Thailand begins retail CBDC pilot to assess digital baht feasibility appeared first on CoinGeek.
Another Update on Sam Bankman Fried’s Court Filing
Bankman Fried’s new charges withdrawal proceeded by prosecutors. Soon in October, the trial of neglecting the charges issued by a federal court judge. The FTX crypto exchange has severe charges due to the bankruptcy faced. As per the court filing, the federal prosecutors are processing to withdraw the charges imposed on FTX and the founder, […]
BlackRock Files Bitcoin Spot ETF Application, Taps Coinbase
The $10 trillion asset management giant BlackRock filed with the Securities and Exchange Commission (SEC) to launch a Bitcoin Spot ETF on Thursday – a product yet to see life within the United States. BlackRock plans to partner with Coinbase to provide custody for the Bitcoin backing the funds, as with its Bitcoin trading service […]
NYAG’s Crackdown on Unregistered Crypto Exchange CoinEx
NYAG mentioned that CoinEx has failed to register as a broker-dealer. CoinEx users can recover crypto funds directly from the exchange over the next 90 days. CoinEx, the Hong Kong-based crypto exchange, has been banned from operating in New York by Attorney General Letitia James. NYAG mentioned that the crypto exchange has failed to register […]
Tether stops fighting freedom of information request, allows disclosure of reserve data
Stablecoin firm Tether said on June 15 that it has released reserve data after ending a legal fight to keep that information private. Tether drops fight against CoinDesk Tether said that it previously reported certain data to the New York Attorney General’s Office (NYAG) as part of its settlement obligations in 2021. The stablecoin firm […]
South Korean Crypto Lender Suspends Withdrawals
Delio, a major South Korean cryptocurrency lending platform, has suspended withdrawals temporarily on its platform, claiming that the measure was taken in connection with another local crypto company, Haru Invest, which recently did the same. The crypto lender stated that the decision to suspend withdrawals was unavoidable. Delio’s Exposure to Haru Invest In a notice […]
June Crypto Watch: BNB, ADA, and SOL Ready to Make Waves
Binance Coin (BNB) is gaining popularity due to its utility within the Binance ecosystem. Cardano (ADA) stands out with its scientific approach and emphasis on peer-reviewed research. Solana (SOL) excels in performance with its high transaction throughput and low fees. In the ever-evolving landscape of cryptocurrencies, staying updated on the latest trends and market movements […]