Crypto Lobbyists Resist Banking Industry’s GENIUS Stablecoin Law Proposal
In the wake of the recent passage of the GENIUS Act, a new law regulating stablecoins, tensions have emerged between traditional banking associations and cryptocurrency advocacy groups. While the US banking associations representing all fifty states have raised alarms about potential vulnerabilities in the law, two crypto organizations, the...
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‘Very few cryptocurrencies are securities:’ SEC Chair Paul Atkins
Paul Atkins...
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TRM, Coinbase, Ripple, launch Beacon Network to curb crypto theft
TRM crypto theft...
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Volume Triples Daily Average as XRP Bulls Battle $3 Resistance
XRP swung nearly 6% in a volatile 24-hour session, rebounding from steep losses at $2.82 to settle at $2.93. The move was fueled by a surge in volume and aggressive support buying, even as whales offloaded and broader markets absorbed $360 million in liquidations. News Background XRP has faced...
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Whale Accumulation Drives Dogecoin’s V-Shaped Recovery From $0.21 Lows
Dogecoin rebounded sharply from $0.21 lows, closing at $0.22 after a late-session surge in volume and aggressive whale accumulation, even as security risks from Qubic’s attack threat linger. News Background DOGE has faced pressure this month after reports tied to Qubic’s potential 51% attack spooked retail traders and drove...
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Bitcoin Hovers at $113K; Solana and Dogecoin Lead Gains Ahead of Powell’s Jackson Hole Speech
Bitcoin (BTC) hovered above $113,600 on Thursday after a slight rebound, with traders watching Powell’s address for clues on whether the central bank is ready to endorse rate cuts in September. Solana’s SOL (SOL) and dogecoin (DOGE) led gains among majors with a 4% bump. Gains across XRP (XRP),...
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Kanye West YZY memecoin hits $3B, but falls after insider concerns
Several well-known traders have also bought the newly launched token promoted by rapper Kanye West, which pumped to over $3 but has since fallen back to $1....
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Crypto Ponzi Scheme Ruling: EminiFX Founder Ordered To Repay $228 Million
Yesterday, a federal judge in New York ordered Eddy Alexandre, founder of the now-defunct cryptocurrency platform EminiFX, to pay $228 million in restitution for orchestrating a Ponzi scheme that defrauded tens of thousands of investors. EminiFX CEO To Pay $228 Million In Restitution According to a court filing published...
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Mantra proposes full migration of OM token from ERC-20 to native chain
Mantra proposes to phase out ERC-20 OM tokens and migrate fully to native chain....
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Fed Governor Touts DeFi, Stablecoins, and RWA Tokenization in Pro-Crypto Speech
Speaking at the Wyoming Blockchain Symposium on Wednesday, central bank Governor Christopher Waller said, “the payment system is experiencing what I have called a ‘technology-driven revolution’.” He added that this includes instant payments, digital wallets, mobile payment apps, stablecoins, and other digital assets, and AI. He specifically cited stablecoins,...
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