United States President Joe Biden thanked his Nigerian counterpart Bola Tinubu for playing a crucial role in securing the release of a Binance employee jailed until days ago in the African nation, during a phone call on Tuesday between the world leaders. Biden credited Tinubu’s leadership as essential to securing the release of Tigran Gambaryan from Nigerian custody on humanitarian…
A recent report by A16zcrypto titled “Estimating the Number of Real Crypto Users” found that only up to 60 million current holders were actively using their cryptocurrency each month. The numbers represent only 10% of the estimated 617 million global holders, a number released by Crypto.com in June. The report assesses that “this differential suggests […] Source: https://news.bitcoin.com/a16z-only-10-of-crypto-owners-are-actively-using-it/
Lael Brainard credited Vice President Kamala Harris, who is campaigning to be the next US President, with helping expand “access to capital, credit, and economic opportunity.” Source: https://cointelegraph.com/news/united-states-treasury-strategy-financial-inclusion-digital-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these setbacks, Consensys says it remains committed to its vision for Web3 and plans to continue supporting the Ethereum project. Consensys Cuts Staff Web3 software company Consensys is planning to cut its workforce by 20% in […] Source: https://news.bitcoin.com/consensys-reiterates-commitment-to-ethereum-despite-20-workforce-cut/
Today was almost the day. Bitcoin’s price jumped above the $73,000 mark on Tuesday afternoon, coming just over $175 away from setting a new all-time high price and topping the previous peak of $73,737 set back in March. And then it fell. Fervent crypto investors were no doubt glued to their screens this afternoon, watching as Bitcoin led the charge…
The fee structure revision primarily affects institutional investors and high-volume traders. Source: https://cointelegraph.com/news/circle-raises-usdc-cash-out-fees-affecting-large-scale-redemptions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era” of the crypto industry. Infinex aims to provide a secure, non-custodial alternative to traditional centralized exchanges, […] Source: https://news.bitcoin.com/infinex-raises-67-7m-in-patron-nft-sale-to-usher-in-post-cex-era/
Bitcoin price rallies within $200 of a new all-time high as several fundamentals point to the crypto bull marking picking up pace. Source: https://cointelegraph.com/news/bitcoin-hits-73-6-k-as-fundamentals-suggest-new-all-time-highs-are-programmed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The U.S. Treasury Department recently released a strategy aimed at promoting financial inclusion for Americans, notably leaving cryptocurrency on the sidelines. While the digital assets industry has long argued that crypto can provide accessible and inclusive financial solutions, the Treasury’s latest 35-page report mentions cryptocurrency only once, and not as a tool for inclusion. Instead, it highlights crypto-related risks, underscoring…
A former IRS special agent and Binance’s head of financial crime compliance, Tigran Gambaryan had been in Nigerian custody with reports of deteriorating health since February. Source: https://cointelegraph.com/news/president-biden-nigerian-president-release-binance-tigran-gambaryan?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
