EU regulator urges firms to restrict non-MiCA-compliant stablecoins

Bitcoin (BTC) surpassed the $30,000 resistance on June 21, or 40 days ago, after a notable 19.5% gain in a week. Since then, it has been moving within a range filled with occasional moderate corrections and BTC price trades near $29,300. While these consolidation periods are common in traditional markets, they tend to make crypto…

Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior U.S. lawmaker.Market visualization courtesy of Coin360Data from Coin360 sees the majority of cryptocurrencies firmly in the red Thursday, hours after Federal Reserve Chairman Jerome Powell said Facebook’s offering should not continue development.Libra,…

NRL player Trevor Lawrence and YouTubers Kevin Paffrath and Tom Nash have reportedly opted to settle with investors who alleged they were misled by their FTX promotions. 142 Total views 2 Total shares NRL quarterback Trevor Lawrence and YouTube influencers Kevin Paffrath and Tom Nash have reportedly settled a lawsuit over alleged inadequate compensation disclosure

Hana Bank plans to conduct research on certificate of deposit tokens, while Woori Bank’s research department has already recently released a report on them. Several private banks in South Korea are studying the potential of tokenized deposits technology, an alternative both to private stablecoins and central bank digital currencies (CBDCs). According to the report from Maeli…

Though political tensions may be high between the U.S. and Russia, authorities still negotiated a prisoner swap of Trevor Reed for drug smuggler Konstantin Yaroshenko in April. 516 Total views 8 Total shares The legal team for Alexander Vinnik, a Russian national recently extradited to the United States for his alleged role at defunct crypto…

Crypto wallet maker Trezor recently decided to start manufacturing its own hardware wallet chips to respond quickly to demand-triggering events like the FTX collapse.Trezor announced on Feb. 27 that it would begin producing the chip wrapper, a crucial component for the Trezor Model T — its flagship device. The move will reportedly cut the supply cycle…

The development team behind proof-of-stake (PoS) blockchain Solana received $18 Million in funding, according to a press release shared with Cointelegraph on July 30.Solana claims to be first web-scaled blockchainPer the release, the funding round was led by Multicoin Capital, with participation from Distributed Global, Blocktower Capital, Foundation Capital and Blockchange VC, among several other…