The foundation could buy assets including Bitcoin as well as Cardano-native stablecoins like USDM, USDA and IUSD.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC annoucned a slew of new hires on Friday morning, with Jamie Selway and Brian Daly bringing a crypto background to the agency.
The Cardano ecosystem could soon undergo a strategic treasury shift to energize its DeFi and stablecoin sectors. On June 13, the network founder Charles Hoskinson suggested allocating around $100 million worth of ADA from the network’s treasury towards a mix of stablecoins and Bitcoin. According to him: “[W]e take about a hundred million worth of ADA […]
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The US Securities and Exchange Commission (SEC) is rolling back 14 proposed rules, including key measures that once targeted the crypto industry. The decision, announced on June 12, illustrates the shift in regulatory priorities as the agency distances itself from the aggressive stance adopted during the previous administration. The withdrawn proposals were introduced between March […]
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Yupp is a free platform that allows users to compare answers from multiple AI models, using crypto rails for rewards and payouts.
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
Two US Democratic Senators are demanding answers from Meta CEO Mark Zuckerberg over reports that the social media giant is exploring a new stablecoin project. In a letter dated June 11, Senators Elizabeth Warren and Richard Blumenthal asked Zuckerberg to explain Meta’s current ambitions in the digital currency space. The move follows news that the […]
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring stablecoin adoption.
Bessent said at a Senate hearing that the U.S. dollar stablecoin market will surpass $2 trillion with legislative support.
Szilágyi also claims the EF, which has been undergoing a shift in leadership and focus, also funded a rival Geth development team.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
These strategies distort liquidity and sentiment, posing long-term risks to bitcoin's stability and adoption, the digital asset bank said.
With macro jitters rising ahead of today's CPI data, that caution might be the setup for the next breakout, according to K33.
Nailwal announced plans to double down on Polygon's Agglayer and PoS networks and the deprecation of Polygon zkEVM.
Circle's IPO highlights the value of holding both crypto assets and crypto-related equities, according to Bitwise CIO Matt Hougan.
Pritchard's elevation is a sign of the FCA's focus on developing a comprehensive regulatory environment for the industry.
American Bitcoin, the newly launched Bitcoin mining company backed by Eric Trump and Donald Trump Jr., purchased 215 BTC.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Santiago Peña's social media post also linked to a Bitcoin address and encouraged citizens to "invest."
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing poses an imminent threat to the top crypto. In a recent CNBC interview, Saylor argued that the narrative is exaggerated to promote speculative quantum-resistant tokens. He noted : “It’s mainly marketing from people that want to sell you the […]
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The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
Mainstream interest is broadening beyond Bitcoin's "store of value" use case toward blockchain-based financial innovation, the analysts said.
Argentina’s Anti-Corruption Office has determined that President Javier Milei did not violate any ethics laws when he promoted the Solana-based LIBRA memecoin in February. In a resolution issued on Friday, the office declared that Milei’s Feb. 14 X post constituted a personal statement rather than an official announcement as a public servant. Therefore, Milei’s post […]
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A debate has erupted among the Bitcoin community over a joint statement released by 31 Bitcoin Core developers on June 6. In their statement, the developers argued that while the new transaction relay policy might lead to more non-financial use cases, protecting censorship resistance is one of the core tenets of the blockchain. The developers […]
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The ‘Bitcoin Family’ has completely overhauled its security measures amid rising cases of crypto-related kidnappings, according to a CNBC report. The family, which sold all their belongings in 2017 to invest in Bitcoin (BTC) and now travels around the world, has taken extreme measures amid a rise in perceived threats. This includes storing parts of […]
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Brian Armstrong, CEO of Coinbase, said in an X post on Friday that the platform has reduced the issue of unnecessary account freezes and restrictions by 82% so far. Noting that unnecessary account freezing has been a “major issue” for Coinbase users “for longer than is acceptable,” he wrote: “I could list a bunch of […]
The post Coinbase CEO says unnecessary account restrictions has reduced by 82% appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy has announced the pricing of its STRD perpetual preferred stock offering, upsizing the deal from $250 million to $1 billion.