Kamala Harris presents an opportunity for Democrats on crypto, say lawmakers
A letter called for the Democratic National Committee to “include pro-digital asset language” in its platform and for Kamala Harris to consider a pro-crypto running mate.
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Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion. 315 Total views 1 Total shares Tether continues to increase its treasury reserve holdings backing circulating USDT (USDT) tokens, according to its latest financial attestation for the second quarter of 2023.Tether Holdings published its Q2 attestation from accounting firm BDO,…

SEC says memecoins aren’t securities, but fraud will still be policed
The US Securities and Exchange Commission says it does not view memecoins as securities but warned any fraudulent tokens could still be subject to enforcement actions by other regulators. The agency’s Division of Corporation Finance said in a Feb. 27 statement that, in its view, memecoins “do not involve the offer and sale of securities

Decentralized asset management system launches for Arbitrum, Optimism
Valio has launched publicly, allowing investors to back money managers through a decentralized process. 391 Total views 26 Total shares Decentralized asset management platform Valio has launched publicly, according to an announcement from the platform’s team. The new protocol allows users to have their funds managed by professional traders but without having to trust these…

FTX’s Sam Bankman-Fried pleads not guilty to fraud charges: Report
Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22. 343 Total views 8 Total shares Sam “SBF” Bankman-Fried, the former CEO and co-founder of crypto exchange FTX, has pleaded not guilty to fraud and money…

Bitcoin ETFs notch nearly $500M inflows despite nobody searching for it
U.S. Bitcoin ETFs saw inflows of over $488 million, but Google Trends data shows Bitcoin and crypto-related searches are far down from 2021 highs.

NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea
From sitting in his car crying before work every morning to becoming a successful digital artist, the story of Australian-based VR painter and sculptor Giant Swan is one of persistence, timing and pushing boundaries. In a world where a digital artist can now monetize their work through NFTs as opposed to cheap likes and comments on…

Hut 8 CEO weighs in on the bull and bear markets from a mining perspective
In January 2023, during the World Economic Forum’s (WEF) annual conference in Davos, Switzerland, Jaime Leverton, CEO of Hut 8, a crypto mining entity that trades as a public company, sat down with me for a fireside chat at the Crypto Summit on the Promenade. Leverton outlined some of her views on the recent shakeout…

Crypto Markets See Major Losses, While Stocks Rise as US-China Talks Expected to End
Monday, March 4 — crypto markets have slid today, with Bitcoin (BTC) having failed to hold the $3,800 price point. All of the top 20 coins by market cap are seeing major losses, according to CoinMarketCap.Market visualization from Coin360Bitcoin is trading at $3,760 at press time, down around 2.4 percent over the past 24 hours.…