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Cryptocurrency News

Location American Cryptocurrency News for 30 May 2024
Trump Interested in Using Bitcoin to Solve the US National Debt Problem Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space...
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Texas Issues Emergency Cease and Desist Against Arkbit's Crypto Operations The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a...
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Ark CEO Cathie Wood Talks Bitcoin With El Salvador's President -- Applauds His Vision for BTC Hub Cathie Wood, CEO of asset management firm Ark Invest, recently met with El Salvador’s President Nayib Bukele and discussed bitcoin. She praised his progressive approach to economic and educational reforms. “President...
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Elon Musk Says Crypto Can Shift Power From Government to the People, but Denies Discussing Crypto With Trump Tesla and Spacex CEO Elon Musk has debunked reports claiming that he advised former U.S. President Donald Trump on cryptocurrency. While stating that he is pretty sure he has not discussed crypto with Trump, Musk said cr...
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Everyone at Consensus 2024 Is Talking About Biden's Crypto Flip Flop. Is He for Real? Attendees are cautious optimistic about apparent regulatory and legislative changes, though not everyone is convinced.
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$2.18 Billion Digital Assets in Kind Returned to Earn Users, Gemini Says Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawal...
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Sen. Warren Wants to Know How Drug Agencies Are Pursuing Crypto Ties to Fentanyl The Massachusetts Democrat called for answers from the U.S. drug agencies today on progress in the crackdown on drug traffickers' use of crypto.
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UXLINK's Profit Rises Sharply in Web3 Social Infrastructure PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers...
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Bitcoin's Scaling Dilemma: Binance Report Sheds Light on BTC's Enhancement Hurdles Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addres...
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Aptos Integrates Chainlink's CCIP and Data Feeds to Boost Decentralized App Development Aptos will be the first blockchain that uses the Move coding language to integrate Chainlink's services, according to the announcement at Consensus 2024 in Austin.
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Crypto Can't Be Regulated by Current US Regulators Alexandra Damsker, author of "Understanding DeFi," argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.
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Shibarium's New Checkpoint Mechanism Cuts Ethereum Bridging Time The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network's X account. The work reduces the token bridging time to Ethereum from seven d...
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Blackrock's IBIT and Fidelity's FBTC Drive $28M Inflows for US Bitcoin ETFs On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. B...
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Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors be...
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Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a grou...
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Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.
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Crypto for Advisors: The Evolution of Crypto and TradFi A lot has changed since Bitcoin's release 15 years ago. Many other distributed database networks have been created, each with its own functionality and potential use cases.
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A16z Boosts Crypto's Election Fund by Another $25M to Seek Friendly Congress A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry's U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by so...
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Crypto voters have already influenced the 2024 presidential election Crypto voters have become a new battleground for the 2024 presidential election, in a bipartisan shift that has taken Washington by surprise.
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PEPE whale up nearly $5M on investment within a month

Coin Telegraph - 30 May 2024 19:20
PEPE whale up nearly $5M on investment within a month The memecoin whale made an over 52% return on its initial investment within a month, despite Pepe's price falling over 17% from its all-time high.
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NYDFS Issues New Crypto Firm Guidance for Consumer Complaints New York's top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timel...
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Pepe, Super Trump, Brett, WienerAI Lead May's Top Meme Coin Gainers Meme coin season is back in full swing as Pepe, Super Trump, and Brett experienced huge gains in May. Meanwhile, the new presale crypto WienerAI is emerging as a top prospect as its total raise surges toward $3.5 million...
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