CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to...
Day: July 11, 2024
Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister
According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and...
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new...
Greenidge Expands Bitcoin Mining Operations in Mississippi
Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went...
Coinbase Launches New Wallet Web App to Streamline Onchain Activity
San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a...
Is This the Next Meme Coin to Explode? Shiba Shootout Surges Past $500K in Presale
Shiba Shootout (SHIBASHOOT) has gone viral after passing the $500,000 mark in its presale phase. This Wild West-themed meme coin...
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins,...
US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought...
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling...
Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a...
Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for...
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital...
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment...
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S....
