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Access real-time blockchain and cryptocurrency news updates from around the globe.
Bitcoin salary: Employees choose crypto paychecks amid economic instability
Volatility among some fiat currencies has made stablecoins like USDC a more attractive option for payroll, according to HR executives.
Canadian committee proposes measures to support blockchain, crypto
The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors.
Slovakian parliament votes in approval of lower crypto taxes
A parliamentary vote held by officials in Slovakia approved an amendment that will reduce the taxation of cryptocurrencies, which is currently on a sliding scale.
German regulator reportedly rejects Binance’s crypto custody license request
Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.
Crypto debanking could drive industry underground: Australia Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams.
Crypto debanking could drive industry underground: Australia Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid flurry of banks restricting certain services over scams.
U.S. considers tightening restrictions on AI chip exports
Officials in the U.S. are considering restricting the level of computing power on chips to lessen the flow of AI chips available in the Chinese market.
ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft
AI technology has gained a lot of traction over the past year, with the EU and the U.S. already proposing legislation to regulate the nascent tech.
Bitcoin speculators send 35K BTC to exchanges in new 'elation inflow'
Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%.
Bitcoin speculators send 35K BTC to exchanges in new ‘elation inflow’
Bitcoin (BTC) short-term holders are feeling the need to sell BTC at $30,000, data shows.
In research released on June 28, on-chain analytics firm Glassnode flagged tens of thousands of coins being sent to exchanges.
Bitcoin speculative exchange moves “intensifying”
BTC price action stalling at $30,000 is prompting a rethink when it comes to buyers who have turned a profit this month.
In particular, short-term holders (STHs) — those entities hodling funds for 155 days or less — are becoming increasingly keen sellers.
Monitoring inflows to exchange wallets, Glassnode revealed a clear spike in funds being put up for trade originating from STHs, which correspond to Bitcoin’s more speculative investor cohorts.
North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency.
BlackRock lauds AI as ‘mega force’ to drive returns
AI could prove to be a boon for investors looking for gains in today's “unusual” market.
Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’
SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial.
Italy’s central bank calls for framework to prevent stablecoin runs
Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins.
The central bank’s recently released Markets, Infrastructures and Payment Systems report for June 2023 has called on regulators to apply the same financial conduct standards to stablecoin issuers in the industry.
The bank said the rise of cryptocurrencies, coupled with several “boom and bust cycles” in a largely unregulated environment has caused “significant consumer harm.”
Regulatory attention on stablecoin issuers in particular should be a priority because of its close connection to DeFi, the bank said:
“A robust, risk-based regulation of stablecoins ensuring the prevention of ‘runs’ on their issuers is a necessary condition to reduce the fragility of the DeFi ecosystem, given the prominent role of this asset class in decentralized finance.”
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital.
Maple Finance announces direct lending to fill the void left by BlockFi, Celsius
The lending platform’s team will begin offering loans directly to some borrowers instead of relying solely on pool delegates to provide capital.
Price analysis 6/28: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
Bitcoin and several altcoins are stuck in a tight range, indicating that a breakout is brewing.