Category: Latest news

[ad_1] Republican House members published a draft bill on June 2 that aims to set out clear roles for regulators in the crypto industry. SEC’s abilities The draft bill specifically aims to separate the regulation of cryptocurrencies as securities from the regulation of cryptocurrencies as commodities. The proposed rules would prevent the U.S. Securities and…

[ad_1] Rosbank, one of the Russian Federation’s most important financial institutions, is set to become the first major bank to offer cross-border transactions in cryptocurrency, according to reporting from the Russian business journal Vedomosti. The bank emphasized that these transactions are in strict compliance with existing legislative requirements, the Central Bank’s guidelines, and the bank’s…

[ad_1] The Blockchain Association said June 2 that it filed an amicus brief to support a CoinCenter case that defends the coin mixer Tornado Cash. Kristin Smith, CEO of the Blockchain Association, said: “… Tornado Cash is simply a tool – punishing the tool itself simply because it can be used by anyone, including bad…

[ad_1] Bitcoin (BTC) miner CleanSpark’s fiscal year-to-date revenue crossed $100 million in May as its BTC production exceeded expectations, according to a June 2 statement. CEO Zach Bradford noted that these milestones were achieved even though most of its expansion plans were expected later this year. BTC production is up 16% CleanSpark reported that it…

[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…

[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…

[ad_1] Kakarot zkEVM, an Ethereum Virtual Machine (EVM) implemented in Cairo, announced on June 2 that it has closed its pre-seed funding round. The investors include Ethereum co-founder Vitalik Buterin, Ledger co-founder and VP of innovation Nicolas Bacca, and blockchain scaling firm Starkware, among others. Cairo is a Turing-complete language associated with the CairoVM —…

[ad_1] China’s Ministry of Industry and Information Technology (MIIT) has published a national standard for blockchain technology to guide the development of the industry in the country, a state-run news channel CGTN reported on June 2. The guideline reportedly standardizes the blockchain system’s functional architecture and core elements, serving as a reference to better understand…

[ad_1] Quick Take The U.S. unemployment rate broke the expected 3.5%, coming in at 3.7%. May nonfarm payrolls were projected at 190,000, but instead came in at +339,000. Bitcoin traded at $27,000, slightly down by the spike in unemployment. BTCUSD: (Source: TV) The post U.S. unemployment rate comes in at 3.7%, Bitcoin holds $27K appeared…

[ad_1] The cryptocurrency market saw net inflows of $12.5 billion over the last 24 hours and currently stands at $1.14 trillion — up 1.1% from $1.13 trillion. During the reporting period, the market caps of Bitcoin (BTC) and Ethereum (ETH) grew 0.8% and 1.8% to $525.78 billion and $227.51 billion, respectively. Over the last 24…