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…
Month: July 2024
Bahamians didn't want CBDCs — So now they're being forced to use them
Regulators in the Bahamas are sick of their citizens’ reluctance to adopt a CBDC, so they’re forcing commercial banks to get on board. Source: https://cointelegraph.com/news/bahamians-didnt-want-cbdcs-so-now-being-forced?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
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/
Bitcoin Won’t Buckle From Mt. Gox and Germany Sales, Analysts Say
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Market participants are bracing for the imminent sale of Bitcoin from Mt. Gox creditors amid the German government’s ongoing transfers to market makers and exchanges. Yet…
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
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,…
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
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/
BitcoinBlack deal brings crypto payments to telehealth, prescription drugs
Cardholders will be able to order and pay for prescriptions using crypto, the company says. Source: https://cointelegraph.com/news/bitcoinblack-deal-crypto-payments-telehealth-prescription-drugs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price will hit $330K this bull cycle — Analyst
Institutions are buying as Bitcoin dips under $60,000 strengthens the long-term bullish outlook for BTC price. Source: https://cointelegraph.com/news/bitcoin-price-330k-this-bull-cycle-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound