US President Joe Biden is considering accepting cryptocurrency donations via Coinbase Commerce, which has created criticism within the crypto community. This decision follows former President Donald Trump’s recent adoption of crypto donations for his campaign, marking a significant shift in Biden’s stance, as he had previously criticized Trump for his
Terraform Labs has reached a $4.47 billion settlement with the U.S SEC, ending the allegations brought against it. Reuters was the first to report the settlement, which will make it the second high-profile case in the cryptocurrency industry to pay a settlement of more than $4 billion. As part of
Crypto service providers in Zimbabwe and across the world are being sought out by the Zimbabwean government as they work on cryptocurrency sector regulations. A Zimbabwean government committee has been formed to collect data from cryptocurrency companies providing services in the country with comments due by June 26, according to
Following a surprising dip in US inflation numbers, the crypto market rebounded. As the Consumer Price Index (CPI) for May revealed inflation cooling quicker than anticipated, Bitcoin surged over 5%. CPI remained steady month-on-month and came in at 3.3% year-on-year, both of which were 0.1% lower than expected. U.S. Bureau
Former kickboxer Andrew Tate has placed a $10 million crypto bet on X, demonstrating his penchant for the spectacular once again. Tate issued a challenge to Ansem, a well-known influencer in the “Crypto Twitter” community. Andrew Tate started the tweet by challenging Ansem to a boxing bout and claiming the
Elizabeth Warren, Jacky Rosen, and John Hickenlooper—three U.S senators—recently wrote to Federal Reserve Chair Jerome Powell, urging him to lower the Fed interest rate. At 5.5%, the current interest rate set by the Fed is the highest level in two decades. High borrowing rates, according to the senators, are making
Cryptocurrency mixing protocols and privacy coins are encountering resistance from European lawmakers. Members of the European Union Innovation Hub—an initiative that brings together representatives from EU agencies and member states—have released their first report on encryption. The “dual-use” aspect of cryptographic technologies is highlighted in the report. The report backed
The Australian Government announced the ban on cryptocurrency and credit card usage in online betting games on Tuesday. The announcement is a recent development of the country’s progress towards curbing ‘problem gambling’ in both physical and digital spheres. The Australian Government has been working on the ban since 2021. After
Lucie, the marketing lead for Shiba Inu, recently recommended users to use fully homomorphic encryption (FHE) technology to increase the privacy and security of the SHIB ecosystem in a series of postings on social media platform X. Strengthening user trust and ensuring interactions inside the SHIB metaverse are the goals
Digital asset investment products saw an inflow totaling $2 billion in the last week, bringing this recent 5-week of positive inflows to $ 4.3 billion. And trading volumes in exchange-traded products (ETPs) rose to $12.8 billion for the week, 55% up from the week prior, according to the recent report
