Circle CEO Jeremy Allaire expressed optimism about Vice President Kamala Harris’ rumored shift to a more favorable stance toward crypto. He made the comments during a CNBC interview on Aug. 14, where he shared that Harris’ presidential campaign is actively engaging with the crypto industry in a “concerted effort” to deepen its understanding of crypto-related …
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A Bitcoin (BTC) address that received 10,000 BTC from a US government wallet two weeks ago moved the entire stash to a Coinbase Prime deposit wallet today, according to on-chain data. The BTC moved in the transaction is part of the crypto seized from the now-defunct dark web market Silk Road. The amount is equivalent to …
Former Republican presidential candidate Vivek Ramaswamy forecasted that Vice President Kamala Harris might adopt a more favorable stance toward crypto as the 2024 presidential election approaches. Ramaswamy, co-founder of Strive Asset Management and a vocal supporter of digital assets, made the statement during a CNBC interview on Aug. 14. He suggested that Harris could shift …
Australia’s Securities and Investments Commission (ASIC) has filed a lawsuit against the Australia Securities Exchange (ASX) Ltd., accusing it of misleading statements about its blockchain trade settlement project, according to an Aug. 14 statement. False statements ASIC claims the ASX falsely stated in February 2022 that its project was “on track” for an April 2023 …
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market Listings and Megavault in Upcoming Chain Overhaul According to the announcement, the …
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Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capital, Selini, DCLM, and Propeller Heads, and others. This funding will accelerate the development of Essential’s blockchain, which aims to revolutionize web3 by …
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In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of former President Donald Trump and current Vice President Kamala Harris. Coinshares’ analysis suggests that the outcome could significantly influence the regulatory landscape for digital assets. …
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Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, …
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Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updates include the appointment of CEO Ben Gagnon to the board and the resignation of co-founder and chairman Nicolas Bonta. Bitfarms Restructures …
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A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known US Government wallet 2 weeks ago. This BTC has just …
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momentum continued for spot bitcoin and ether ETFs on Tuesday, with both groups enjoying fresh inflows. Spot bitcoin ETFs raked in $38.94 million, led …
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The project claimed it was allowing users 72 hours to sign up to receive their ETH back, but two months later, the funds have not moved.
The U.S. Securities and Exchange Commission (SEC) has sent letters to several venture capital (VC) firms over their links to the operator of the Ethereum (ETH)-based decentralized exchange Uniswap, according to a report by online publication Axios. Citing multiple sources, Axios says that the SEC has sent letters to Andreessen Horowitz, Union Square Ventures and …
A closely followed crypto analyst says that Bitcoin (BTC) may be forming a bullish pattern, setting up a massive breakout. In a new strategy session, crypto trader Ali Martinez tells his 69,300 followers on the social media platform X that Bitcoin could soon soar more than 7% from its current value in the short term. …
Coinbase wants the U.S. Securities and Exchange Commission (SEC) to produce documents related to its regulatory decision-making processes surrounding several digital assets. The top US crypto exchange has asked a judge to order the regulator to search for and produce documents related to its previous communication with crypto issuers. Coinbase also argues that the SEC …
