RAVE, the native token of RaveDAO, has surged more than 6,000% over the past month, capping one of the crypto market’s most explosive rallies this year and reigniting the debate over speculative excesses in digital assets. The token surged 198% in the last 24 hours alone and more than 5,600% in the past week, briefly […]
RAVE went from $0.25 to $14 last week Read More »
Tom Duff Gordon, vice president of international policy at US-listed cryptocurrency platform Coinbase (COIN), has left the company for green pastures. Duff Gordon, who had been with Coinbase for almost 4 years, left the exchange to join OpenAI as head of EMEA policy, a Coinbase spokesperson said via email. Duff Gordon previously worked for 8.5
Coinbase VP of International Policy Leaves for OpenAI Read More »
The White House’s top crypto adviser, Patrick Witt, said work was still underway to secure the compromise he said would advance the Digital Asset Market Clarity Act in the U.S. Senate, although he said several other items were also being worked out behind the scenes. In an interview on CoinDesk TV on Monday, the executive
Witt, White House crypto advisor, says other Clarity Act hurdles are being overcome Read More »
The crypto industry’s main effort in US politics – the Digital Asset Market Clarity Act – has been stuck on a point regarding stable coin yield that has little to do with the bill’s central goal of regulating US crypto markets. It remains a sticking point as bankers have fired the latest salvo to claim
Bankers reject White House claim that stable coin yield does not threaten deposits Read More »
The U.S. Securities and Exchange Commission said software that sets up user interfaces to trade crypto securities through individuals’ wallets will not need to be registered and regulated as a broker-dealer. In the agency’s latest staff statement on crypto — now a broad slate of views intended to keep the crypto industry moving forward in
US SEC Says Software Allowing Crypto Wallet Transactions Not Considered Broker Read More »
Circle Internet (CRCL) CEO Jeremy Allaire has offered his clearest public response yet to growing criticism of how the stablecoin issuer handles illicit funds, saying it does not freeze wallets unless there is a formal legal basis to do so. Speaking on stage at a press conference in Seoul, Allaire positioned USDC, the second-largest dollar-pegged
Circle’s Allaire says USDC freezes require legal orders amid growing criticism Read More »
Crypto exchange Kraken is facing an extortion attempt from a criminal group that is threatening to release videos purportedly showing access to internal systems containing customer data, the company announced Monday. The Wyoming-based company said it identified and closed two cases of inappropriate access related to individuals within its support team, each involving limited customer
The drift that began on Saturday evening, after Vice-President JD Vance left Pakistan without reaching a peace agreement in Iran, has for the moment been somewhat reversed. After falling to $70,500 on Sunday, bitcoin price rebounded to $72,100 during Monday morning trading hours in the United States. Reports suggesting that Iran was considering giving up
BTC Rebounds Modestly After Weekend Drop Read More »
Bitmine Immersion Technologies (BMNR) now holds 4.87 million ether worth $10.7 billion and is 81% of the way toward its goal of holding 5% of the entire ETH supply, according to a Monday statement in which Chairman Tom Lee also calls ether a “wartime store of value.” BMNR shares are down 2.25% premarket, paralleling Ether’s
ClearBank Europe plans to start offering stablecoins pegged to the euro and US dollar after saying it is the first Dutch credit institution authorized to provide crypto services under the European Union’s Markets in Crypto Assets (MiCA) Regulation. The bank, which has more than 270 institutional clients, 1.7 million retail clients and more than $13
