The US Senate Committee on Armed Services has directed the Department of Defense to explore blockchain technology for enhancing national security, particularly in supply chain management. This move comes as part of the fiscal year 2025 National Defense Authorization Act (NDAA), highlighting blockchain’s potential to support data integrity and combat
The native token of the Hedera blockchain, HBAR, records the highest surge in trading volume and price in the last 24 hours. According to TradingView, Hedera (HBAR) rose 14% to hit its 4-month-high of $0.0726 on the largest crypto exchange Binance. Notably, a massive volume surge propelled HBAR to advance
Donald Trump, the former United States President, holds a substantial amount of cryptocurrency in an Ethereum wallet. The revelation underscores the evolving relationship between politics and cryptocurrencies. The wallet appears to be linked to a collection of non-fungible tokens (NFT) that he sold after leaving the White House. According to
U.S. Senator Cynthia Lummis filed an amicus brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit. This filing from the senator strengthens the exchange’s request to dismiss the SEC lawsuit. In the legal battle between Coinbase and the U.S. SEC, the crypto exchange requested that the
The US-based crypto exchange Bittrex has agreed to settle with the U.S. Securities and Exchange Commission over the case of offering unregistered securities to U.S. investors. Moreover, the exchange agreed to pay $24 million to the SEC to settle the claims, according to a filing in Seattle Federal Court. Today
The crypto market has experienced massive growth and significant development over the last few years. Recently, cryptocurrencies have taken over the headlines as U.S. presidential candidates have continuously shown their interest in them. Several candidates have made strong statements against CBDCs. Adding to that, presidential candidate Vivek Ramasamy stated that
The Chairman of the Financial Services Committee of the United States, Patrick McHenry, who is serving the tenth Congressional District has introduced the Clarity for Payment Stablecoins Act through Bipartisan vote. In Washington, this Thursday, Chairman McHenry laid the foundation for regulating the stablecoin providers with strong consumer protection. This
Coinbase, the United States-based cryptocurrency exchange, has announced that it will halt the staking service in four states in the United States. Coinbase, one of the largest and most prominent cryptocurrency exchanges, made this decision to comply with the legal requirements imposed by the regulatory authorities in those states. 1/
Florida Governor Ron DeSantis has made a strong statement ahead of the 2024 elections. United States presidential candidate Ron DeSantis has pledged to ban central bank digital currencies (CBDC) on day one if he emerges victorious in the 2024 elections. It sparks discussions about the future of money, technological advancements,
A major crypto twist unfolded in the crypto market as Ripple’s XRP experienced a resurgence. Several prominent exchanges have announced their plans to relist XRP. The surge follows a U.S. federal court ruling that declared the sale of XRP on exchanges and through algorithms as not constituting investment contracts. This
