Tether, the company behind the largest stablecoin, has taken the initiative to address concerns raised by Senator Cynthia Lummis and Rep. French Hill regarding the alleged use of stablecoins in illicit activities such as funding terrorism and money laundering. The company has released two letters sent to the US Senate Committee on Banking, Housing, and
As the crypto market prepares for the year 2024, Stu Alderoty, the chief legal officer of Ripple, a blockchain payment company, has shared three predictions on upcoming crypto regulations. These projections have the potential to impact investor confidence as the new year is expected to kickstart a new bull cycle, according to various analysts. In
Bitwise, a prominent crypto index fund manager, has made a bold prediction for Bitcoin’s future price, stating that it will surpass its current all-time high. The cryptocurrency has been experiencing a bullish sentiment, with its price doubling this year. Bitwise believes that this positive momentum will carry into the next year, as outlined in their
The price movement of OSMO has been nothing short of a rollercoaster ride, characterized by significant volatility. Over the course of the year, the cryptocurrency has predominantly experienced a bearish trend. However, the last three months have brought about a strong comeback for OSMO, indicating a phase of robust recovery. Traders are now presented with
The price of Bitcoin has once again lost its momentum, retracing back down to around $42,000 over the past 24 hours. This comes after a week of highs and lows for the leading cryptocurrency. Just a week ago, Bitcoin experienced a surge in price to $44,700, marking its highest price tag in over a year
Arbitrum (ARB), a well-known Ethereum scaling solution, recently encountered a significant downtime event, raising concerns among users and industry participants. The incident, which lasted for over 60 minutes, prompted an immediate investigation into the root cause and the deployment of a fix. In this article, we will delve into the details of the downtime, explore
Bitcoin (BTC) adoption is gaining traction in developing countries, and according to investment management firm Franklin Templeton, this trend is set to continue. Sandy Kaul, the Head of Digital Asset & Investor Advisory Services at Franklin Templeton, highlighted the role of Bitcoin in leveling the playing field for smaller economies. Kaul believes that the digital
The U.S. Securities and Exchange Commission (SEC) has recently denied a petition from cryptocurrency exchange Coinbase, in which Coinbase requested the development of new rules specifically for digital asset securities. The SEC’s decision comes after a lengthy period of back-and-forth between Coinbase and the securities regulator, with Coinbase originally submitting the petition in July 2022.
The BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. This rally in ORDI is part of a broader trend of BRC-20 tokens gaining momentum following their listing on Binance. With all the buzz surrounding ORDI, investors may be wondering if it’s too late to
In an exciting development in the healthcare industry, Patientory Inc. has partnered with Wharton Impact Venture Associates (WIVA) students in a capital raise agreement. This collaboration aims to address the industry’s challenges regarding data accessibility by leveraging blockchain technology. The partnership was established through WeFunder, an innovative platform that enables non-accredited investors to support early-stage
