Custodia Bank takes case to higher court after March setback
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.
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Senator Warren seizes on fears over crypto and sanctions with new bill
If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers' identities and transfers to private crypto wallets. 701 Total views 5 Total shares Democratic Senator Elizabeth Warren is preparing a bill to crack down on the use of crypto as a way…
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DeFi market has room for growth in Korea: 1inch co-founder — KBW 2022
1Inch plans to expand into a largely untapped Asian market, but a lack of DeFi knowledge is preventing mass adoption 112 Total views 2 Total shares Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand within the Asian market, according to its co-founder Sergej Kunz.Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022 on…
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Genesis strikes repayment deal with parent firm DCG to end $620M lawsuit
Digital Currency Group has over $320 million left to repay, according to Genesis, and the deal would see that remaining sum repaid by April next year. 158 Total views 20 Total shares Bankrupt crypto lender Genesis and its parent company, Digital Currency Group (DCG), has struck a deal that could end an ongoing lawsuit to
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Filecoin storage utilization surpasses 7% in Q2: Report
Although utilization rose, protocol and supply revenue declined, as more providers slashed fees to incentivize adoption. 205 Total views 14 Total shares According to a July 13 report by Messari, Filecoin currently averages 954.2 pebibytes (1.07 billion gigabytes) worth of storage deals on its network, compared with 12.2 exbibytes (14.1 billion gigabytes) worth of raw…
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Danny Ryan’s return? Ethereum wallets say yes
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation.
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Edge announces confidential no-KYC digital currency Mastercard
The company said there will be a $1,000 daily spending limit, but no personal information is required. 655 Total views 5 Total shares On Wednesday, self-custody crypto exchange Edge announced a no-Know Your Customer (KYC) debit Mastercard that can be funded with Bitcoin and other digital currencies.Without KYC verification, users would be able to spend…
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Crypto PACs spend $14M targeting crucial US Senate and House races
With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.
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Bitcoin Price Will Hit $250K by Q1 2023 Despite Consolidation, Says Tim Draper
Bitcoin (BTC) price will still hit $250,000 but its status as a safe haven asset could see investors waiting a little longer than planned, serial VC investor Tim Draper says.“People have consolidated towards Bitcoin”Speaking in an interview with Yahoo! Finance on Aug. 9, the notoriously bullish Draper doubled down on his prediction that Bitcoin will…