A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S. Senator Tim Scott (R-S.C.) voiced his support for Paul Atkins’ nomination to a prominent financial regulatory role in a […] Source: https://news.bitcoin.com/us-senator-vows-to-reverse-harm-secs-gary-gensler-inflicted-on-crypto/
The UK Treasury has amended finance laws to clarify that crypto staking isn’t a collective investment scheme, which a lawyer says is “heavily regulated.” Source: https://cointelegraph.com/news/uk-crypto-staking-not-collective-investment-schemes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million. Source: https://cointelegraph.com/news/thai-seizes-1000-bitcoin-miners-from-alleged-elecricity-thieves?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds. The integration aims to support the creation of secure and efficient applications, leveraging […] Source: https://news.bitcoin.com/aptos-adopts-chainlink-standard-to-advance-web3-development/
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22 trillion. Bitcoin Battles to Stay Afloat as Market Faces South Korean Premium Over the preceding […] Source: https://news.bitcoin.com/crypto-economy-tumbles-bitcoin-nears-90k-as-sell-off-intensifies/
XRP’s market structure suggests that the altcoin is gearing up for a run to new all-time highs. Source: https://cointelegraph.com/news/xrp-price-preps-for-powerful-move-above-2-90-as-sentiment-metrics-signal-optimism?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by Bitcoin […] Source: https://news.bitcoin.com/wrapped-bitcoin-derivatives-concerns-around-lack-of-transparency-emerge/
China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts deepfake AI pig butcher scammers. Asia Express. Source: https://cointelegraph.com/magazine/china-ex-banker-bashes-trumps-bitcoin-policy-deepfake-scammers-busted-asia-express/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FV Bank, a U.S.-licensed digital bank, has announced the integration of Paypal USD (PYUSD), a stablecoin, into its banking platform. This addition expands the bank’s stablecoin offerings, enabling direct deposits and outbound payments for account holders. FV Bank Enables Paypal Stablecoin for Instant Cross-Border Payments FV Bank‘s newly implemented feature allows customers to receive PYUSD […] Source: https://news.bitcoin.com/fv-bank-integrates-paypals-pyusd-stablecoin-for-real-time-transactions/
PRESS RELEASE. The battle for supremacy in the cryptocurrency market is often marked by innovation, bold ideas, and game-changing technology. But if you’re keeping an eye on Ethereum’s sluggish performance, you might be distracted from one of the most exciting developments in crypto right now—the Lightchain AI presale, now in Stage 12 and rapidly closing […] Source: https://news.bitcoin.com/ethereum-price-lags-behind-lightchain-ai-presale-as-the-testnet-launch-draws-near/
