During her testimony before the Senate Agricultural Committee on March 8, Senator Gillibrand disclosed the next draft outline. The Commodities Futures Trading Commission (CFTC) oversight was the topic of conversation at the hosted event. During her speech (1), the American politician brought up an earlier version of the crypto law that she and Senator Lummis … Read more
The regulatory environment surrounding cryptocurrencies in the United States has been fraught with ambiguity for some time. On March 8, the Chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, testified before the Senate Agricultural Committee that most stablecoins are commodities. Curiously, he also includes Ethereum (ETH) in this group, and he adds that … Read more
Per the announcement made by Binance, the newly included tokens are as follows: MASK, ENJ, WRX, GRT, CHR, CRV, 1INCH, CVP, HFT, SSV, and DOGE. Binance is not only the platform that handles the most trading volume, but it also possesses a vibrant market comprising hundreds of tokens made available to consumers. Following the failure … Read more
Binance.US has been given permission to purchase the assets of defunct cryptocurrency lender Voyager Digital in a $ 1 Billion dollar deal. Binance.US will be able to broaden its range of services and boost its standing in the extremely competitive cryptocurrency sector due to the acquisition. The agreement was given the go-ahead (1) on March … Read more
Shitcoins are similar to counterfeit coins because they do not function properly and can be a waste of money. And Vitalik Buterin, one of the founders of Ethereum, is fully aware of that fact. Because of this, he decided to liquidate the meme coins that he had been given as a gift, which was a … Read more
Regardless of the state of the cryptocurrency market, regulators have kept putting pressure on a variety of subindustries within the cryptocurrency business. This morning, the United Kingdom’s Financial Conduct Authority began the process of pursuing legal action over unregulated cryptocurrency ATMs located in the city of London. The crypto ATM is one of the emerging … Read more
The Bitcoin ‘Mining Development Kit’ (MDK) could be useful for incorporating Bitcoin mining into a variety of use cases, such as heating systems, mining off the grid, mining at home, or apps that need intermittent power. Jack Dorsey’s company, Block Inc., has made it one of its missions to democratize the Bitcoin mining sector and … Read more
Creditors of Mt. Gox who have experienced losses are required to choose a payment schedule and enter their details in an online rehab claim filing system. It has been communicated to the creditors of Mt. Gox that they have until this coming Friday, March 10, to register and identify the mode of repayment that they … Read more
Web 3.0 firm nealthy, which helps people invest in cryptocurrencies and NFTs, has announced (1) the successful completion of a $1.3 million pre-seed funding round. ‘DonGeraldo,’ a crypto celebrity, and several other Web3 investors participated in the investment round. Web3 is an Ethereum-based firm that provides investors with risk profiles for their NFT and cryptocurrency … Read more
The cryptocurrency engagement of the esports organization TSM is not yet finished. TSM is still focused on the bigger picture despite the strong esports player being in the middle of the aftermath of the FTX scandal late in the previous year. The organization is entering into a new business arrangement with blockchain Avalanche, which will … Read more