President Biden proposes ban on congressional stock trading: Report
The President, with only a month left in office, reportedly said “nobody in the Congress should be able to make money in the stock market” while serving the United States.
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Ether price eyes $3K as exchanges’ ETH balances drop to an all-time low
Ethereum’s on-chain movements indicate bullish pressure building around Ether as its exchange balances reached an all-time low and staking deposits keep surging. Ether’s (ETH) technical charts suggest that the asset can reclaim $3,000 if buyers are able to push above the resistance between $1,900 and $2,000.ETH held on exchanges hits an all-time low Exchange balances for…

Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”

AssangeDAO raises $38M in donations to help free WikiLeaks founder
Donations to support Julian Assange’s fight for freedom have been pouring in over the weekend. 163 Total views 5 Total shares A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to…

Binance Cryptocurrency Exchange Testing British Pound Stablecoin
Major cryptocurrency exchange Binance is apparently testing a British pound stablecoin on its native blockchain, Binance Chain, according to a Twitter post on June 3.Twitter user CryptosBatman noticed that the listing “$BGBP” appeared on the Binance platform.Screenshot of stablecoin on Binance Chain. Source: TwitterBinance CEO Changpeng Zhao has commented on the tweet, confirming that a…

Tether has 'redistributed' $108.8M USDT from illicit activity since 2014
The most recent seizure of $5 million USDT from pig-butchering scams marks a "significant victory" in the ongoing fight against cyber fraud, according to Tether.

No red flags at FTX despite 8 months of ‘extensive due diligence’ — Temasek
Despite eight months of due diligence, investment firm Temasek found no major concerns with FTX’s financials and no sign that the crypto exchange would eventually collapse. 548 Total views 18 Total shares Singapore's state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn't find any significant red flags in FTXs…

Someone Just Moved $1B in Bitcoin for $700 Fee, Overpaying 20 Times
A $1 billion Bitcoin (BTC) transaction has become conspicuous not because of its size but because its sender spent far too much on fees. Someone could have sent 94K BTC for $35Social media users were guessing at the origin and destination of the funds on Sept. 6, which involved 94,504 BTC ($1.018 billion).According to Twitter-based monitoring…

Crypto Taxes a ‘Nightmare’ — Congress Hears the Latest on Blockchain for Small Business
In a United States congressional meeting titled “Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses,” one of the testifying witnesses called out current cryptocurrency taxation expectations for their overbearing complexity. “Doing your taxes for crypto is the worst nightmare,” Protocol Labs General Council member Marvin Ammori said, fielding a question from U.S.…