Biden welcomes Kenyan leader after failing to visit Africa as promised
When President Biden addressed dozens of African leaders from Washington at the end of 2022, he declared that the old days of the world’s fastest-growing continent being overlooked by American leaders were gone. “The United States is all in on Africa
Supreme Court’s South Carolina ruling boosts GOP, with national implications
The Supreme Court on Thursday allowed South Carolina to use a congressional map that a lower court had said weakened Black voting rights, bolstering the political fortunes of Republicans as they seek to maintain control of the House of Representatives
Spot Ether ETF Approval Proves ETH is Not a Security, Experts Say
The recent approval of spot Ethereum exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC) potentially confirms Ether’s status as a non-security, according to industry experts. Bloomberg ETF analyst James Seyffart, speaking on the Bankless podcast with Ryan
Ex-Kansas Bank CEO Pleads Guilty to Embezzling $47M in Crypto Scheme
Kansas-based now-failed Heartland Tri-State Bank’s former head has pled guilty on Thursday for embezzling $47.1 million for a series of “personal crypto purchases.” This led to the bank’s failure in July 2023, at a complete loss of equity for investors, the
FIT21 Bill Seen As Solution to US Crypto Exodus Concerns, Paving Way for Thriving Market
The Financial Innovation and Technology for the 21st Century Act’s (FIT21) approval on Wednesday would align the US with other nations in terms of its regulatory framework for crypto, according to Kyle Bligen, director of financial policy at the Chamber
Court Rules Influencer Ian Balina Violated Securities Laws Promoting SPRK Tokens
A U.S. district court has found crypto influencer Ian Balina guilty of violating U.S. securities laws. According to recent court filings, Judge David Alan Ezra ruled that Balina was guilty promoting and selling SPRK tokens without proper disclosure. the judge ruled
Newly-Approved Spot Ether ETFs Could Start Trading by Mid-June: Analyst
Newly-approved spot Ethereum exchange-traded funds (ETFs) could potentially hit the market by mid-June. Following the successful 19b-4 filings for spot Ether ETFs, which allow them to be listed on exchanges, the next step is to obtain approved S-1 registration statements before
Bitcoin Price Prediction: BTC Drops to $68,000, Market Cap Hits $1.3 Trillion Amidst Bearish Trend; What’s Next?
Bitcoin Price Prediction Bitcoin’s current market position has sparked renewed interest in Bitcoin price prediction. Trading at $67,836.31 with a 24-hour trading volume of $42.4 billion, Bitcoin has dipped 2.27% in the last 24 hours. As the leading cryptocurrency with a market
US House Votes to Block Federal Reserve’s Digital Dollar Plans
The US House on Thursday approved a bill that prohibits the Federal Reserve from issuing a digital dollar, or central bank digital currency (CBDC), without explicit authorization from Congress. This legislation, known as the CBDC Anti-Surveillance State Act (HR 5403), passed
South Korean Police Arrest 19 in ‘Reading Room’ Crypto Fraud Bust
South Korean police have arrested 19 people on fraud charges in a swoop on a social media “crypto reading room.” Police think the international gang ran an “open chat room,” likely a crypto Telegram group or a KakaoTalk open chat, which