US lawmaker reports AERO, GRT and VELO investments in 2024

August 28, 2024
The Last Cryptocurency
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Cointelegraph Feed

Georgia Representative Mike Collins previously disclosed purchasing up to $65,000 in ETH, but seems to have moved onto altcoin investments.

While major industry actors argue that central bank digital currencies (CBDC) are years or decades ahead, the Bahamas plan to adopt a CBDC no later than 2020.John Rolle, the governor of the Central Bank of the Bahamas (CBOB), has reportedly confirmed that the Bahamian digital dollar initiative will be introduced across all islands in the…

Factom Facing Liquidation After Creditor Refuses Request for Funding

After failing to source additional funding, blockchain company Factom has begun the process of being liquidated. In an April 2 notice to investors, Factom’s largest investor FastForward announced the “dissolution event”: "The Company has been notified by the directors of Factom that in a board meeting on 31 March 2020 they concluded that, in the absence of…

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Forget about Ethereum ETFs — Here's what you can do instead

Spot Ether ETFs were supposed to set the gold standard for ETH investing. Unfortunately, they still aren't allowed to offer staking.

St. Louis Federal Reserve Report: Increased Supply of Altcoins Will Decrease BTC’s Value

The creation of competing altcoins is likely to place downward pressure on the prices of all cryptocurrencies, including Bitcoin (BTC). This conclusion was found by research conducted by the Federal Reserve Bank of St. Louis and published on Jan. 11.The report cites two perspectives: Bitcoin bulls’ belief that the capped supply and increased demand will…

Bank of England Official: Central Banks May Lose Payments Race to Tech Companies

Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks to consider developing central bank cryptocurrencies in response to recent moves from private companies’ in the digital payments sector.John stated that it is “really important”…

Cybersecurity Firm Ranks Safety of Top Crypto Exchanges

Prominent cybersecurity firm Group-IB has graded the security of top crypto exchanges, U.S.-based tech news media the Next Web reported Tuesday, Nov. 6.According to research conducted by the Moscow-based firm in partnership with crypto asset insurance platform CryptoIns, the Kraken platform is the safest crypto exchange. In contrast, OKEx — the now-second crypto exchange by…

Chinese Research Institute Report Finds Blockchain Can Enhance Financial Services

A Chinese scientific research institute and value-added Internet service provider Tencent Holdings have jointly released a July 24 report emphasizing the impact of blockchain on the transformation of traditional financial services. The Academy of Information and Communications Technology, a scientific research institute under China’s Ministry of Industry and Information Technology (MIIT), and China’s Tencent Holdings’…

US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto

Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out in favor of developing a permissive regulatory apparatus to prevent stifling innovation in the cryptocurrency sector.Several days prior to the hearing, the passing…

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