Category: Latest news
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Federal Reserve’s CBDC efforts likened to ‘financial Death Star’ by U.S. lawmaker
[ad_1] U.S. lawmaker Warren Davidson urged Congress to criminalize attempts to build a Central Bank Digital Currency (CBDC) by the Federal Reserve, according to a July 23 tweet. Federal Reserve lists CBDC-related job positions. Davidson said this in light of a recent Federal Reserve Bank of San Francisco job listing requesting a Senior Crypto Architect…
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Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence
[ad_1] Digital assets investment products recorded $6.5 million in outflows this week after four consecutive weeks of inflows totaling $742 million, Coinshares reported on July 24. This week’s outflows break the longest streak of inflows since late 2021, coinciding with the recent market downturn that saw Bitcoin’s (BTC) price dump to its lowest value since…
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Miners are increasing their Bitcoin balances again
[ad_1] Bitcoin miners are the backbone of the cryptocurrency ecosystem due to their dual role of validating transactions and securing the blockchain. Their operational decisions, especially those related to their Bitcoin reserves, can substantially influence the market dynamics. The strategic choices miners make about retaining or liquidating their Bitcoin earnings can significantly influence the supply-demand…
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Vitalik says Worldcoin’s Iris Scanning ‘Sufficient’ in Privacy Preservation
[ad_1] As the Worldcoin mainnet goes live, Ethereum co-founder Vitalik Buterin shared his thoughts on Worldcoin and the broader topic of biometric proof of personhood in a detailed blog post. Worldcoin, backed by OpenAI’s CEO Sam Altman, is a proof of personhood initiative to distinguish genuine human identities from bots and other artificial identities. The…
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Exclusive Collaboration: B2BinPay and Ledger Release Limited Edition Hardware Wallets
[ad_1] B2BinPay and Ledger, renowned leaders in their respective fields, have joined forces to introduce an exclusive offering – limited edition hardware wallets. Developed specifically for B2BinPay, these special edition Ledger Nano X wallets feature a unique crypto-processing design that proudly displays the B2BinPay logo. The collaboration between these two companies has leveraged their expertise…
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Largest Bitcoin liquidation since XRP verdict
[ad_1] Quick Take Bitcoin slid to $29.2K, triggering its most significant long liquidation yet, amounting to roughly $85 million. Thus, today, July 24, marked the largest liquidation since the uproar caused by the XRP case two weeks prior. On July 13th, amid the XRP case ruling on securities, shorts took a major hit, with losses…
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Worldcoin mainnet launches, WLD token soars 60% on major exchanges
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Key dates set for SEC vs Coinbase lawsuit, initial arguments in August
[ad_1] In the ongoing legal case between the Securities and Exchange Commission (SEC) and cryptocurrency giant Coinbase, a significant milestone has been reached by setting a legal pleadings schedule. This development was publicized on Twitter by Coinbase’s Chief Legal Officer, Paul Grewal, who commended the court for its “prompt attention” to the matter. Coinbase vs.…
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Bitcoin performance review: holding strong at roughly $30,000
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Even if the SEC appealed, Ripple could win again, says pro-XRP lawyer John Deaton
[ad_1] Renowned crypto lawyer John Deaton, who represents over 75,000 XRP holders, said on July 23 that an SEC appeal will not necessarily change the outcome of the Ripple ruling. In the ever-changing landscape of crypto regulations, the recent Ripple ruling has sparked hope and uncertainty for the crypto industry. Earlier this week, the U.S.…