Tag: Doge

US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing

Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges gain a competitive advantage in offering yield to customers. The legislation, which passed in July, prohibits stablecoin issuers, which could include banks, from paying interest directly...
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Numerai Secures Up To $500M Commitment From JPMorgan Asset Management

San Francisco-based hedge fund Numerai (CRYPTO: NMR) has secured a commitment of up to $500 million from JPMorgan Asset Management (NYSE:JPM), potentially more than doubling the firm’s size. What Happened: Numerai currently manages about $450 million and expects the new capital to be deployed over the next year. Founded...
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Bitcoin Will Correct Further In September, Analyst Maintains

Prominent crypto analyst Benjamin Cowen has emphasized his expectation of a September pullback for Bitcoin (CRYPTO: BTC), highlighting critical support levels to watch. What Happened: In an Aug. 25 podcast, Benjamin Cowen reaffirmed his September correction thesis for Bitcoin, projecting a pullback to the bull market support band below...
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Binance CEO Sounds the Alarm About a Dangerous Scam: Details

TL;DR Fraudsters are making fake support calls, urging users to change their API settings. Binance’s boss reminded that the company will never request passwords or credentials by phone. The warning follows previous scams involving impersonated support staff, malicious QR codes, and SMS spoofing. ‘Ring, Ring, It’s a Scam’ Richard...
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