Trump leads Harris, but POTUS won’t matter for Bitcoin: BlackRock’s Fink
As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn’t matter to Bitcoin who occupies the White House.
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US Senate Majority Leader to speak at crypto event for Kamala Harris
Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.
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The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC.
Bitcoin Insurance Funds Take a Beating as Markets Rout
Amid global market mayhem, several major Bitcoin (BTC) and crypto insurance funds are showing signs of severe strain. As of March 13, Bitcoin derivatives exchange Deribit recorded a shocking slide in the balance of its Bitcoin insurance fund, down from 391 BTC to 183 BTC (-53%) within a span of three days.Deribit Bitcoin insurance fund balance.…
Kazakhstan on track for $700M crypto mining investment goal, says minister
A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining. According to the Digital Development Minister of Kazakhstan, Bagdat Mussin, the country is in negotiations regarding investments in its cryptocurrency mining sector amounting to 300 billion tenges ($714 million).Earlier in June, another Kazakh minister, while arguing…
Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.
DeFi projects without decentralized governance? What’s the point?
The role of governance in the booming decentralized finance industry is a nascent one, and there are ongoing conversations from key figures in the industry around its purpose and what governance may look like in the future.Sam Bankman-Fried of FTX recently shared that his firm’s involvement in DeFi will be “motivated by short-term profits and…
Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’
The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session.
US Senator Ted Cruz pushes for crypto in Congress… using snacks
A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. Own this piece of history Collect this article as an NFTTexan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.Cruz introduced a…