Pro-XRP attorney John Deaton wins Republican US Senate primary
The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November.
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GameStop jumps 12% after Bitcoin purchase plans announced
GameStop is looking to finance its Bitcoin strategy through a $1.3 billion offering of convertible senior notes. GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion

Bitcoin 2021: Here’s a live update of the biggest movers and shakers of Day 2
Some of crypto’s most influential people headlined the second day of Bitcoin 2021 Miami, offering words of wisdom about the future of decentralization, privacy and financial inclusion.Day 2 began with a panel discussion centered around Bitcoin’s macro landscape, where Morgan Creek Digital founder Mark Yusko drew attention to the destruction of the dollar caused by…

‘Wake up and smell the coffee’ — regulation is coming to DeFi, says expert
Since the Financial Action Task Force, or FATF, introduced its controversial "travel rule" for businesses in the crypto space, the debate over the suitability of established regulatory frameworks for cryptocurrencies has been unrelenting. Some experts, however, believe that the industry's experience with the FATF guidelines is only the tip of the iceberg, and points to more…

SEC hears from Blockchain Assoc., House Republicans on ‘exchange’ definition proposal
More opposition has come in at the last minute to the year-old proposal reimagining the SEC’s definition of a securities exchange. 544 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) extended the comments period for its proposal to amend Rule 3b-16 of the Securities Exchange Act of 1934, which ended…

FTX presentation shows ‘massive shortfall’ in firm’s assets
FTX and FTX US together have billions in deficits in their exchange wallets and fiat accounts, uncovered in a "huge effort" according to the exchange's CEO. 53 Total views 1 Total shares Own this piece of history Collect this article as an NFTBankrupt cryptocurrency exchange FTX has revealed a "massive shortfall" in its digital asset…

Bitcoin, stocks drop as markets uncertain about US election result
The price of Bitcoin (BTC) suddenly fell by 3% within hours on Nov. 4 to $13,566 after briefly rising above $14,000. Coincidentally, the U.S. dollar, gold and stocks all fell together in tandem.Analysts are pointing to uncertainty surrounding the election as the catalyst for the sharp correction. Bitcoin 1-hour chart. Source: TradingView.comWhy markets fell after surging…

WEF — Blockchain Could Improve Multiple Spheres of Global Economy
If recent reports come to fruition, blockchain technology has the potential to have a massive financial impact on the global trade industry.The World Economic Forum (WEF) released an optimistic outlook for the global economy, which would be driven by the impact and adoption of blockchain technology in the next 10 years.According to the organization, blockchain…

X faces controversy over using user data for training AI chatbot Grok: Report
Several X accounts have made comments on the social media platform's default setting that allows user's data "to train Grok."