Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
Ripple Labs chair Chris Larsen commented on the recent cases involving Ripple, Grayscale, and the SEC, arguing it is time for Congress to take the lead on crypto policy.
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Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’
“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.”
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and…
San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee
Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack.
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment…
PayPal is shuttering its San Francisco office: Report
A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint."
Kraken shuts down global headquarters as ‘San Francisco is not safe’
In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco.
St. Louis Fed President Says Central Bank’s ‘Credibility Is On the Line’ as US Inflation Surges
Inflation continues to grip American wallets, according to a recent economic analysis from Moody’s Analytics, which shows inflation is likely costing the average U.S. household between $250 to $276 per…