FIT21 crypto bill passes US House: Here’s what could happen next

According to sources, the People’s Bank of China is giving its first round of central bank digital currency (CBDC) to online retail giant Alibaba, Internet giant Tencent, five banking organizations and one unknown entity.The first beneficiariesForbes reported the news on Aug. 27. The sources named are Paul Schulte, who previously worked as head of the…

The “Alts buy signal” chart is flashing a buy signal, with a trader linking it to levels Bitcoin hit before its price surged sixfold over six months.

Yam Finance, an experiential Decentralized Finance (DeFi) protocol, saw its market cap crash down to zero within minutes on Aug. 13. With it, major DeFi tokens, including Compound, Yearn Finance, and Balancer, plunged as well.YAM/USD price performance. Source: CoinmarketcapCompound, the second biggest DeFi protocol in the global market, saw its market cap drop by nearly…

Large VC funds are increasingly backing crypto startups spanning DeFi, DePIN, AI and payments. 596 Total views 1 Total shares Venture capital funding into blockchain and cryptocurrency startups accelerated in February, with decentralized finance (DeFi) projects attracting significant investment flows, signaling that demand for blockchain builders remained strong amid volatile market conditions.  According to data

Bitcoin (BTC) struggled to recover from fresh losses on May 11 as a false alarm over United States government sales spooked markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts deny U.S. government BTC salesData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $27,400 at the time of writing.The pair had seen a flash sell-off the…

Bandwidth is the measure of data that can be transferred between two or more devices.  Users who don’t maximize their bandwidth usage are considered ‘wasteful.’ Especially since bandwidth is valuable, and if you don’t use it, you lose it. For example, when paying for a monthly internet plan, a person might pay for speeds of…

Billionaire CEO of American hedge fund Citadel Kenneth Griffin thinks a currency on the Ethereum (ETH) network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the US stock market. During this Wednesday’s Nov. 10 DealBook summit hosted by The New…

Cryptocurrency exchange Coinbase plans to shut down cryptocurrency learning platform Earn.com in favor of its in-house developed counterpart Coinbase Earn.Industry news outlet The Block reported on Dec. 22 that Coinbase announced in an email to its customers that the exchange plans to only focus on Coinbase Earn and will be “sunsetting Earn.com.” Earn.com and Coinbase Earn…

Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation. 174 Total views 4 Total shares Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal E.U. institutions with a call to ensure common-sense regulation, standardized compliance procedures, and an innovation-friendly business…