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“That, I think, set us back a little bit,” echoed Sen. Cynthia Lummis (R-Wyo.) at the same event. Lummis, who has been pressing her own wide-ranging crypto legislation in the Senate, also suggested that the stablecoin bill, specifically, will make more progress next year. “That is an area that could come early in 2024.”Rep. Jim…
In a decisive move to clarify its position, Circle has categorically denied allegations of involvement in illicit financing activities. This firm stance was outlined in a detailed letter addressed to U.S. Senators Sherrod Brown and Elizabeth Warren. The letter explicitly negates claims of providing banking services to prominent crypto figure Justin Sun, the TRON Foundation,…
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining. His tech research site Digiconomist, for example, keeps a log of the footprint of each bitcoin transaction, putting it on par with “808,554 Visa transactions or 60,802 hours of watching Youtube.” Source…
CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice. Source link
Exchange News The first cryptocurrency triparty agreement in history has been performed successfully by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange based on trading volume, in collaboration with a third-party banking partner. With this option, institutional investors may retain trade collateral in the custody of a third-party banking partner, off-exchange. This…
Former CEO of Digital Realty Brings Decades of Data Center and Digital Infrastructure Experience SAN FRANCISCO–(BUSINESS WIRE)–Crusoe Energy Systems LLC (“Crusoe”) announced today that A. William “Bill” Stein, former CEO of Digital Realty Trust, has joined the company’s Board of Advisors. Stein joins Crusoe on the heels of the recent announcement of a significant expansion…
The United States Securities and Exchange Commission called on the public to comment on a proposed rule change that could allow asset management firm Fidelity to offer shares of its spot Ether (ETH) exchange-traded fund, or ETF. In a Nov. 30 notice, the SEC said “interested persons” may comment on the Fidelity offering, proposing the…
SINGAPORE–(BUSINESS WIRE)–Cega Finance (“Cega”) announces the launch of its Dual Currency strategy to unlock new yield opportunities for the Liquid Staking ecosystem, providing returns of 22%+ APY for stETH or ETH holders. This collaboration with Lido taps into the rapidly expanding Liquid Staking market and continued growth of Ethereum, where Cega’s structured investment expertise meets…
AntPool, a Bitcoin mining entity, has announced its intention to refund a $3 million transaction fee. This fee, initially perceived as an error, was part of a Bitcoin transaction processed last week. AntPool’s decision comes as a relief to the user who mistakenly paid this exorbitant amount. The mining giant’s risk control system played a…
XRP’s emergence from a multi-week bullish flag pattern could reinvigorate bullish sentiment among investors. In addition, prominent crypto analyst EGRAG CRYPTO (@egragcrypto) predicted a remarkable rally to $27. This bullish outlook is supported by the flag pattern’s breakout potential, favorable technical indicators, and sustained whale accumulation. Since XRP’s surge in early November, the digital asset’s…