The White House has set a target of July 4 for the passage of significant cryptocurrency legislation, according to Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets. This legislative push aims to establish a…
fetchpriority=”high” alt=”GPUs. Image: Unsplash” width=”1920″ height=”1080″ decoding=”async” data-nimg=”1″ class=”” style=”color:transparent” srcSet=” 1x, 2x” src=” Ocean Network Pioneers Decentralized Compute Marketplace Amid GPU Scarcity The demand for computational power, particularly for graphics processing units (GPUs), has reached unprecedented levels, creating…
21Shares has officially listed its Strategy Yield ETN (STRC) on the London Stock Exchange, offering UK investors their first direct exchange-traded access to Strategy Inc.’s perpetual preferred stock. This move signifies an expansion of 21Shares’ presence in Europe, where it…
Another month, another significant DeFi exploit. The Ekubo Decentralized Exchange (DEX) found itself in the crosshairs yesterday, with attackers siphoning approximately $1.4 million in wrapped Bitcoin (WBTC) through a clever token approval exploit. This incident serves as a stark reminder…
Sweeping cryptocurrency market structure legislation faces a critical juncture in the Senate, with a prominent advocate stating that no bill will pass without a robust ethics provision. Senator Kirsten Gillibrand emphasized that ethical considerations are paramount, particularly in light of…
OpenTrade, a crypto startup focused on stablecoin yield infrastructure, has successfully raised $17 million in a new funding round, bringing its total capital raised to over $30 million. The strategic investment was led by Mercury Fund and Notion Capital, with…
In a surprising turn of events that has sent ripples through the crypto community, Michael Saylor, the staunch advocate for “never selling Bitcoin,” has publicly discussed the possibility of MicroStrategy (Strategy) divesting a portion of its significant Bitcoin holdings. This…
Coinbase Chief Legal Officer Paul Grewal has expressed strong confidence that the Clarity Act will be enacted into law before the end of summer. He is advocating for the passage of the stablecoin compromise spearheaded by Senators Thom Tillis and…
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A significant legal challenge has emerged against cryptocurrency exchange Coinbase, initiated by an anonymous investor, referred to as “D.B.” The plaintiff alleges that Coinbase wrongfully refused to return digital assets that were frozen following a substantial cryptocurrency theft. This lawsuit…