Gov. Tim Walz accepted — and returned — $4K donation from FTX exec
Nishad Singh and Sam Bankman-Fried contributed to the campaigns of two Minnesota policymakers mere days before FTX’s collapse in 2022.
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ProShares files with SEC for Short Bitcoin Strategy ETF
The exchange-traded fund will be based on daily investment results corresponding to the inverse of the return of the CME Bitcoin Futures Contracts Index for a day. 523 Total views 7 Total shares Exchange-traded funds (ETFs) issuer ProShares has filed a registration statement with the United States Securities and Exchange Commission to list shares of…
Why is XRP price down today?
XRP prices have declined today due to a choppy risk-on mood ahead of Nvidia earnings and cautious sentiment in the futures market, among other reasons.
Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures
Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures. 919 Total views 23 Total shares Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to…
Federal Reserve issues enforcement action against FTX-linked US bank
Moonstone Bank, which was since renamed Farmington State Bank, received roughly $11.5 from FTX’s sister firm Alameda Research through its holding company in 2022. 133 Total views 1 Total shares The Federal Reserve Board of the United States and the Washington State Department of Financial Institutions have announced an enforcement action against Farmington State Bank,…
EU to use blockchain for educational and professional credential verification
The EU’s EBSI Vector project and Protokol blockchain solutions are creating a blockchain-based cross-border credential verification program for EU citizens. 54 Total views 1 Total shares The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders. In an announcement on June 7,…
Stablecoins not that radical, says Bank of England official
There has been much commotion about stablecoins amongst central bankers, regulators and lawmakers in recent years, most notably in the furor surrounding Facebook's repeated attempts to launch variously designed stablecoins that would be native to its multiple social media platforms.Not everyone in the financial world is that perturbed though. A new speech for the Westminster…
US Republican Party’s election arm to accept cryptocurrency donations
The NRCC said that it will collect all identifying data from individuals who donate with crypto. 305 Total views 3 Total shares The United States’ National Republican Congressional Committee — the body responsible for coordinating Republican electoral efforts — is introducing donations in cryptocurrencies like Bitcoin (BTC).The NRCC announced Wednesday on Twitter that the committee…
Judge Orders Arrest of Former GOP State Senator Involved with Crypto Scam
A Texas federal judge issued a bench warrant in response to a contempt motion brought by the SEC against former Rep. Senator David Schmidt. A Texas federal judge issued warrants for the arrest of an ex-Washington state senator and the leaders behind an alleged cryptocurrency scam involving the Meta 1 coin. At an April 21 hearing…