Convicted FTX executive Ryan Salame is officially in prison custody
During a recent appearance on Tucker Carlson’s podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons.
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Circle and Coinbase Invite More Members to Consortium Behind US Dollar Coin
Goldman Sachs-backed crypto startup Circle and crypto exchange and wallet service Coinbase are expanding their consortium behind USD coin (USDC), according to a blog post on June 13.The Centre consortium acts as a platform for deposits and fiat conversions for Circle’s own cryptocurrency, a United States dollar-backed digital token.Having launched USD coin back in September…
Trading Platform eToro Develops Blockchain Platform for Universal Basic Income Distribution
Trading platform eToro has recently announced a blockchain-based social project to create a “non-speculative” cryptocurrency with the aim of paying social interest to those who “have less,” according to a press release obtained by Cointelegraph Wednesday, Nov. 7.The trading platform currently has over 10 million registered users and supports fourteen cryptocurrencies on its platform.The social…
US senator calls on SEC’s Gensler to answer for ‘regulatory failures’
Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy. 1414 Total views 12 Total shares Own this piece of crypto history Collect this article as NFTMinnesota Senator Tom Emmer has slammed United States Securities Exchange Commission (SEC) Chairman Gary Gensler for his flawed…
Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
An extended market price drawdown (crypto winter) throughout 2022 has tested the crypto industry’s mettle, and more recently, a crackdown by United States regulators on some prominent entities like Coinbase, Binance and Kraken has further shaken the sector.So maybe it’s only natural for the industry to employ colorful, vivid language to describe what’s been happening.…
Bitcoin Transaction Fees Drop Under $1, Returning to April Levels
After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. 600 Total views 23 Total shares The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website…
Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin (BTC) and Ether (ETH) have turned down from their respective overhead resistance levels, suggesting that bears continue to sell on rallies.New research in Australia suggests that the Ethereum Improvement Proposal (EIP) 1559 upgrade has turned Ether into a better store of value than Bitcoin. The report said the annual rate of increase in Ether’s supply…
Franklin Templeton’s onchain money fund goes live on Aptos blockchain
Franklin Templeton’s FOBXX is the first money market fund to be launched on Aptos.
DeFi’s critical missing piece: Credit scores
Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens or even hundreds of times higher than standard…