Category: Latest news
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Scaramucci says institutional adoption of Bitcoin set to accelerate
[ad_1] SkyBridge Capital founder Anthony Scaramucci believes institutional adoption of Bitcoin has begun in full force and will accelerate rapidly in the coming quarters. Scaramucci made the statement during an interview on CNBC, where he highlighted the growing acceptance of Bitcoin among major financial institutions and pension funds. Scaramucci pointed to Wisconsin’s recent announcement of…
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Warren expresses support for SEC’s controversial SAB 121 bulletin
[ad_1] Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance. She said that SAB 121 “simply clarifies” how companies should account for risks related to…
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Notcoin donates $7 million in tokens to Telegram and its founder Pavel Durov
[ad_1] Notcoin, a play-to-earn game, has donated over 1 billion NOT tokens, worth approximately $7 million, to Telegram and its founder, Pavel Durov. In a May 17 social media post, the Telegram-based project shared a screenshot showing its donation and a message expressing its gratitude to the messaging application and its founder. “Thanks for everything…
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Oklahoma enacts landmark legislation establishing rights to self-custody crypto
[ad_1] Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill. The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference. Republican Governor Kevin Stitt signed the ‘Bitcoin Rights’ bill — HB3594 — into law earlier this week. The…
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Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, May 17, 2024 – Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network’s activity during the first quarter of 2024, emphasizing its competitive positioning and…
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Bitcoin breaks through $67,000 | CryptoSlate
[ad_1] Mining for the future: Bitcoin industry trends in the aftermath of the halving Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into the Hashrate Index Q1 report to determine the current state and future trajectory of Bitcoin mining. [ad_2] Source link
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Nigerian court denies bail to Binance executive, intensifying crypto industry tensions
[ad_1] A Nigerian High Court has denied bail to Binance executive Tigran Gambaryan, citing concerns that he might flee the country. Gambaryan, who turned 40 today, has been held by the Nigerian government since February. Speaking on his detainment, Noah Perlman, Binance’s chief compliance officer, said: “On this very unhappy birthday, a reminder that Tigran…
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Short-term Bitcoin holders increase by 20,000 BTC this week, with just over 50% from US ETFs
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you…
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Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery
[ad_1] Depository Trust & Clearing Corporation (DTCC) has released the findings of its Smart NAV pilot, which explored extending its Mutual Fund Profile Service to leverage distributed ledger technology for data dissemination and consumption. The news led to Chainlink (LINK) surging 30% over the past 48 hours, trading at $16.71 from a low of $12.8…
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Hong Kong pilots first-ever digital yuan payment system for cross-border transactions
[ad_1] The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have taken significant steps to expand the Digital Yuan (e-CNY)’s reach beyond mainland China. On May 17, the HKMA announced a pilot scheme enabling the use of the Central Bank Digital Currency (CBDC) for cross-boundary payments. According to the authorities, this…