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The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys. The move was designed to encourage conversations among key players in the industry, but was seen as a way for Mastercard (MA) to deepen its involvement with CBDC developments as the number of
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New York Resident Ilya Lichtenstein Admits to Being Bitfinex Hacker in Court Appearance: CNBC Source
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Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According to a June 1 report from CNBC which cites “people with knowledge of the matter,” Microsoft is potentially set to spend billions of dollars on the
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Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it translated. Source
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Overall, Musk's takeover is being touted as a win for the crypto community. "In the last few years, Elon has been very vocal about his stance on crypto and blockchain. Musk understands Web3 and understands the potential of blockchain technology which will be instrumental in propelling adoption forward," Ben Weiss,
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UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBC Original Source
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Another wave of crypto executives ponied up for GMI PAC last month as midterm elections approached. Source
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Bitcoin (BTC) influencer and podcaster Anthony “Pomp” Pompliano said that there is no need to “apologize” for Bitcoin’s energy use, because “crucial things in the world use energy.” He made the comments in a Monday interview on CNBC’s morning news and talk program Squawk Box with Joe Kernen. During the
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Grayscale’s ETF would be backed by actual units of the cryptocurrency, not simply linked it via derivatives contracts such as futures. Should the proposal gain approval, it would be a further expansion of the leading cryptocurrency as a recognized investible asset. Source
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Still in the red, Bitcoin and the crypto market have held the line in the past day. A bounce back seems feasibly, but not guaranteed. At the time of writing, BTC trades at $42,913 with sideway movement in the 1-hour chart and a 20% correction in the weekly and monthly
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