Awards honor feds’ good works as they face ‘the most toxic atmosphere’
Everything seems to be celebrated with a day or a week or a month, often for pecuniary purposes. There’s National Yo-Yo Day, Handwashing Awareness Week, and National Picnic Month. That conglomeration of commemorations, however, should not dilute the importance of the
Crypto Venture Capital Funding Surpasses $1 Billion for Second Consecutive Month
For the second month in a row, crypto venture capital funding has exceeded the $1 billion mark, highlighting continued investor interest in the industry. According to data from RootData, April witnessed $1.02 billion in funding spread across 161 investment rounds, slightly down from
Philippines Securities Regulator Set to Unveil Cryptocurrency Guidelines in Second Half
The Philippines’ securities regulator is set to unveil a regulatory framework for crypto assets and trading by the latter half of 2024. SEC Chair Emilio Aquino announced plans last week to issue the framework by the second half this year, Business
Bitcoin Price Prediction: $64K Surge Amid ETF Inflows & 1B Transactions
Bitcoin Price Prediction: Bitcoin (BTC) kicked off the week with robust momentum, maintaining a position well above the $64,000 mark and reaching a high of $64,496. The total market capitalization for cryptocurrencies has surged to $2.36 trillion, reflecting a 1.19% increase within
Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints
Ripple is reportedly planning to launch its much-anticipated USD-backed XRP stablecoin, the company’s CTO hints at an event. The information surfaced during the XRP Las Vegas conference on May 3-4, where David Schwartz, the chief technology officer of Ripple, revealed the
Jack Dorsey Departs Bluesky’s Board, the Decentralized Social Media Platform He Co-Founded
Jack Dorsey, the co-founder of Twitter, has stepped down from Bluesky’s board, the decentralized social media platform he originally envisioned and funded back in 2019 during his tenure as CEO of Twitter. In a Sunday post on the platform, Bluesky confirmed Dorsey’s
Hong Kong Spot Bitcoin ETFs Reach $230 Million AUM In First Week
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have secured $230 million in assets under management (AUM) in their inaugural week. According to data released by the Hong Kong Stock Exchange, the $273 million AUM of virtual asset spot ETFs, including both
Over 90% of Stablecoin Transaction Volumes Are Not From Genuine Users: Visa Study
A recent study conducted by Visa and Allium Labs has found that more than 90% of stablecoin volumes do not originate from genuine users. The findings challenge the notion that stablecoins, which are cryptocurrencies pegged to a specific asset like the
Crypto Excluded from New South Korean Donations Law
Crypto, including Bitcoin, will be excluded from an amended South Korean donations law, government officials announced on May 5. Per Kyunghang Shinmun, the Ministry of the Interior and Safety said it wanted to “expand the scope” of donations – but has
Coinbase’s Legal Woes Deepen As Customers File Lawsuit Over Alleged Deception
Coinbase faces a new legal battle as customers filed a class-action lawsuit on Friday. The suit accuses two of the exchange’s subsidiaries — Coinbase Global and Coinbase Asset Management — of repeatedly breaking securities laws since Coinbase began operating. The lawsuit