Arman Shirinyan New bill aimed at setting clearer regulations for ever-growing cryptocurrency industry has gained approval from US House Financial Services Committee A new piece of legislation geared ...
News
米下院委、ステーブルコイン規制法案合意に至らず。議長が発言 | あたらしい経済
合意に至らず 米下院金融サービス委員会の共和党と民主党のトップは7月27日、ステーブルコインの連邦規制枠組みを確立する法案について、合意に至らなかったと述べた。 この法案は、州の規制当局の権限を維持しつつ、米国連邦準備制度理事会（FRB）にステーブルコインの発行要件を書かせるというもので、以前はステーブルコインの発行者が州の体制で規制されることを選ぶことで、より厳しい監督を逃れることができるという...
Despite good faith actors, crypto is ‘rife with fraud; rife with hucksters,’ says Gensler
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated his concerns about the cryptocurrency sector, saying it is “rife with fraud” and lacks adequate protections for investors...
U.S Real GDP Increased at an Annual Rate of 2.4% in 23Q2; Here Is What it Means for Crypto Assets
The United States’ real gross domestic product (GDP) increased at an annual rate of 2.4 during the second quarter of 2023 compared to the same time last year, according to an advance estimate released...
This Partnership May Lead PLTR Stock Price For Significant Growth
Palantir (PLTR) stock may skyrocket to its all-time-high amid news of the partnership with J.D. Power. According to the deal, Palantir’s analysis tools with artificial intelligence enhancements will b...
‘Alchemy: Battle for Ankhos’ RPG Mashes Up Discord, Generative AI, and Solana NFTs
This story comes from GG. Your Web3 Gaming Power-Up Discover GG How’s this for a unique concoction? A video game that is playable within a Discord chat server, is being built using generative AI...
Department of Justice Drops Charges Against Sam Bankman-Fried
The US Department of Justice announced that it had dropped the charges of illegal campaign finance activity against the FTX founder Sam Bankman-Fried. According to a filing of July 26, the US Departme...
BTS’s Jung Kook Joins Blackpink And Fifty Fifty With His First Streaming Smash
Jung Kook (Big Hit Music) Big Hit Music BTS sensation Jung Kook is taking the music world by storm like never before with his latest single, “Seven,” which has skyrocketed to the top of th...
Pepe Price Pumps As Whales Pile in, While New Evil Pepe Coin Raises $1 Million
Pepe coin has pumped over 15% in the last 24 hours, while Pepe-inspired Keke also pumped 19% to a $1.2 million market cap. Meanwhile, a newer Pepe alternative, Evil Pepe Coin, has caused much excitem...
Sui Foundation Ends Partnership With MoveEX Following Contract Violation
Sui Foundation, the non-profit organization behind the Sui Network, has terminated its partnership with MovEX, a decentralized exchange (DEX) and liquidity management platform, following the violation...
Tokyo Consumer Price Index rises to 3.2% YoY vs. 2.8% expected, 3.1% prior, USD/JPY drops
Early Friday morning in Asia, the Statistics Bureau of Japan released monthly prints of the Tokyo Consumer Price Index for July. That said, the headline Tokyo CPI improves to 3.2% YoY from 3.1% prior,...
Polygon and Solana launch Web3 security standard
Polygon Labs, Solana Foundation and other players in the Web3 world are about to launch a crypto experiment, known as the “Rekt Test” aimed at serving as a security standard for emerging projects. The...
Does Uniswap’s latest addition give it the upper hand over its peers?
Uniswap’s new addition to its upcoming v4 received funding from a firm. Protocol activity continued to decline as TVL and fees start to deplete. Uniswap[UNI] has long been a dominant DEX in the DeFi s...
GMX Price At the Bears’ Hands?
The GMX price prediction suggests that GMX price is presently trading near the bear’s threshold. Investors may expect to see a decline in price within the next few weeks. Unless the bulls charge in th...
Banking Titans Eye Crypto Technology to Power a $5 Trillion Industry
Leading American banking giants, including JPMorgan and Citibank, are exploring the potential of crypto technology to build new financial rails that could be part of a future $5 trillion industry, as ...
Ethereum To Outperform Bitcoin After Halving?
The Chicago Mercantile Exchange (CME) Group, which operates a derivatives marketplace, published a report on July 26 discussing the potential dynamics between Bitcoin and Ethereum in the context of th...
We Have One Shot At Building A Cleaner Electric Grid-Let’s Do It Right
The U.S. has set an ambitious climate goal: to slash greenhouse gas emissions to net-zero by 2050. Achieving this goal means building out clean energy infrastructure, an undertaking similar in scale t...
Israel’s Government Forms Pioneering Team To Enhance Monitoring DAOs
Key Points: Israel forms team to regulate DAOs and seeks public input. Focus on exploring DAO activities and crypto token usage. Initiatives aim to attract investments and foster crypto sector growth....
Dogecoin Falls While Others Rally, Is It Decoupling From The Market?
Over the last day, the majority of the crypto market has been rallying alongside Bitcoin. But Dogecoin seems to have a mind of its own as it has gone in the opposite direction. The meme coin started o...
EUR/USD licks ECB, US GDP inflicted wounds below 1.1000 ahead of German, US inflation clues
EUR/USD stays defensive at three-week low after posting the biggest daily loss since March 15. ECB announces 0.25% rate hike, as expected, but absence of clear forward guidance and chance in statement...
Barclays Faces Challenges in UK Division as Inflation and High-Interest Rates Affect Margins
To counter the margin pressure, Barclays announced plans for a share buyback of up to £750 million. Barclays, the British multinational bank, has recently announced its Q2 2023 financial results, reve...
Twitter to X rebrand sparks debate over new name for ‘tweets’
The social media platform formerly known as Twitter began its metamorphosis from its iconic blue bird, tweet-centric operations to its new form as “X” on July 24. X has replaced its bird logo with a ...
Big banks have to raise capital by as much as 19% under proposed US rules
US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the most sweeping overhauls of how lenders are re...
Zuckerberg Reaffirms Commitment to Metaverse, AI Despite $3.7B Loss
Mark Zuckerberg reaffirms commitment to metaverse vision and AI despite loss. Reality Labs, Meta’s AR/VR division, experienced a $3.7B operating loss in Q2. Meta continues to invest in AI and metavers...
U.S. Stablecoin Bill Takes Big Step Despite Fight from Democrats, White House
In a contentious hearing Thursday that ended with a 34-16 vote to clear the legislation for wider consideration in the House of Representatives, the panel’s top Democrat, Maxine Waters (D-Calif.), sai...
Optimism (OP) Completes Upgrade As Uwerx (WERX) Sells Out On Presale
As the market looks to recover from the aftermath of the SEC back-to-back lawsuits against Binance and Coinbase, we have seen Bitcoin(BTC) and several altcoins regain lost value and return to pre-laws...
US financial committee votes in favor of key crypto bills
The US House Financial Services Committee passed two crypto regulatory bills, clarifying jurisdiction for crypto firms under SEC and CFTC. On July 26, the House Financial Services Committee voted in f...
Custodia Bank’s Fed Lawsuit Is as Important as XRP’s: John Deaton
Godfrey Benjamin Custodia Bank and Ripple have similar case fundamentals according to new insight shared by John Deaton The ongoing legal battle between Custodia Bank and the Federal Reserve has taken...
Twitter Suspends, Then Unsuspends, Popular Right-Wing User Who Tweeted Image Of Child Sexual Abuse
Topline Twitter suspended, then quickly unsuspended, a right-wing user known for spreading conspiracy theories after he posted a screenshot from a video depicting child sexual abuse—which he claims wa...
Many crypto projects funded in 2021 still searching for success
Despite an influx of funding into various crypto projects in 2021, very few have reached “product to market fit” status — with certain segments such as DeFi lagging others in even getting offerings of...
Bitcoin Displays Volatile Fluctuations Within a Bullish Pattern; Is a Breakout on the Cards?
The bulls had remained passive for quite a long time, compelling the markets to remain less volatile in recent times. Although the markets are approaching their monthly close, the value of the majorit...
NZD/USD loses traction below the 0.6200 mark amid a stronger Dollar
NZD/USD loses momentum and currently trades around 0.6188, gaining 0.1% for the day. The US GDP expanded 2.4% in the second quarter, beating expectations of 1.8% and 2.0% prior. Market players will mo...