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Billionaire Mark Cuban has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s handling of crypto regulations, suggesting it could harm Biden’s election chances. “Gensler has not protected a…
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month.…
The Justice Department has designated Forensic Risk Alliance (FRA) as the external monitor for Binance Holdings Ltd. This decision comes in the wake of Binance’s acknowledgment of breaching U.S. anti-money…
The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and…
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to…
Based on the three-day simple moving average, Bitcoin’s hashrate has continued its downward trend, registering at about 550 exahash per second (EH/s). Following the halving, onchain costs have decreased significantly,…
Several cryptocurrency firms are stepping up to support flood victims in Southern Brazil. For example, Okx has partnered with Brazilian cryptocurrency exchange Foxbit to match donations of up to $10,000…
Over the past 19 days, the stablecoin economy has stabilized with negligible growth after reaching the $160 billion threshold at April’s end. Out of the top five, FDUSD is currently…
Non-fungible token (NFT) sales from May 4 to May 11, 2024, saw an 11.35% decline compared to the previous week’s figures. Leading the sales, Bitcoin-based NFT transactions totaled $49.8 million,…
In the first quarter of 2024, Cleanspark, a U.S. bitcoin mining company listed on the stock market, reported revenues exceeding $111.8 million. The company’s net income for the same period…