Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year. Source: https://cointelegraph.com/news/crypto-exchange-gemini-close-all-customer-accounts-canada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Australian bank joins Project Guardian to explore RWA tokenization
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains. Source: https://cointelegraph.com/news/australia-anz-bank-project-guardian-rwa-tokenization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil
Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […] Source: https://news.bitcoin.com/cantor-fitzgerald-ceo-bitcoin-is-a-commodity-should-be-treated-like-gold-and-oil/
Stalled Crypto Bill FIT21 Could Become Law by Christmas, Says Rep. Tom Emmer
House Majority Whip Tom Emmer (R-MN) is optimistic that support for crypto legislation has reached a critical mass in the United States—and even believes that FIT21, a stalled crypto market structure bill, could become law before the holidays. “I think that bill—at the end of the year, if there’s an end of the year spending bill—maybe some parts of that…
Why Tornado Cash Co-Founder Roman Storm’s Free Speech Defense Was Rejected in Court
Code is protected speech? Not so fast, a U.S. district judge ruled last week in the high-profile case around Ethereum coin mixer Tornado Cash. Judge Katherine Polk Failla rejected developer Roman Storm’s motion to dismiss his case in the Southern District of New York last Thursday. Over a year after the Tornado Cash co-founder was arrested on money-laundering charges, Failla…
Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui
The Sui Foundation has introduced the Sui Bridge on mainnet, enabling secure asset transfers between the Ethereum and Sui networks. This bridge focuses on simplifying the movement of assets across chains, starting with ether (ETH) and wrapped ether (WETH). Sui Rolls Out Bridge for Asset Transfers Between Ethereum and Sui According to the foundation’s blog […] Source: https://news.bitcoin.com/sui-bridge-launches-on-mainnet-connecting-ethereum-and-sui/
Bitcoin drops to $63K, fails to rebound after Fed hints at future interest rate cuts
Bitcoin surprised traders by opening the week in the red, and the Federal Reserve’s announcement about future rate cuts failed to reverse the downtrend. Source: https://cointelegraph.com/news/bitcoin-drops-to-63-k-and-fails-to-rebound-after-fed-hints-at-future-interest-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ghana Launches Gold Coin Priced in Local Currency
Ghana’s central bank launched a gold coin to boost domestic savings and manage liquidity. The coins are available in October and priced based on the London Bullion Market Association auction price. Despite efforts to strengthen the cedi, Ghana’s currency continues to depreciate against the U.S. dollar. Gold Coins Priced in Local Currency Ghana has launched […] Source: https://news.bitcoin.com/ghana-launches-gold-coin-priced-in-local-currency/
Tons of options: 5 crypto wallets that support TON blockchain
As the TON network continues to develop, holders are demanding wallets with complex functionalities that support the chain’s assets. Source: https://cointelegraph.com/news/top-ton-crypoto-wallets-telegram-bot?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fed’s Powell Pumps the Brakes on Another Jumbo Rate Cut This Year
The price of Bitcoin turned lower Monday as Federal Reserve Chairman Jerome Powell indicated that central bank policymakers aren’t eager to slash borrowing rates. Speaking at a conference held by the National Association for Business Economics, Powell discussed how the U.S. labor market has remained solid as inflation cools. He also suggested that a repeat of this month’s jumbo-sized rate…