Gensler Decries ‘Wide-Ranging Noncompliance’ In Crypto Ahead of Oversight Testimony
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Judge ‘Surprised’ by Coinbase Subpoena Request Targeting SEC Chair Gensler—But ‘Not in a Good Way’

The ongoing legal battle between Coinbase and the Securities and Exchange Commission (SEC) focused squarely on the rights of Chairman Gary Gensler in federal court on Thursday. Coinbase’s lawyers served Gensler with a subpoena last month, seeking extensive information that touches on digital assets and the registration of cryptocurrency exchanges. The company’s move came after a judge let the SEC’s…

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Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability
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Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability

Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before […] Source: https://news.bitcoin.com/worldcoin-launches-world-chain-developer-preview-targets-increased-scalability/

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Why is Bitcoin price stuck?

Bitcoin price is stuck in a downtrend as sellers across the market refuse to relent. Source: https://cointelegraph.com/news/why-is-bitcoin-price-stuck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cryptocurrency
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SkyBridge Capital Hedge Fund Limits Client Exits Amid Crypto Surge

Anthony Scaramucci, the founder of SkyBridge Capital, has implemented measures to limit client exits from the firm’s crypto-focused hedge fund. This comes despite significant gains in cryptocurrency, which have led to impressive returns for the fund. Investors holding around 70% of the fund’s shares sought to redeem their investments during the most recent redemption period, which concluded in March. However,…

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Greenidge Expands Bitcoin Mining Operations in Mississippi
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Greenidge Expands Bitcoin Mining Operations in Mississippi

Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity further in the coming months. Greenidge Adds 2,400 Bitcoin Miners to New Mississippi Facility Greenidge (Nasdaq: GREE) acquired the 12-acre […] Source: https://news.bitcoin.com/greenidge-expands-bitcoin-mining-operations-in-mississippi/

Celer Network Thwarts Attempted Domain Takeover
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Celer Network Thwarts Attempted Domain Takeover

Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records. An investigation found the attack vector likely involved third parties beyond Celer Network’s control. Celer Network assured users […] Source: https://news.bitcoin.com/celer-network-thwarts-attempted-domain-takeover/