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A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U.S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. #PASSED:
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The Web3 ecosystem could become the next golden opportunity for digital marketers, with almost 200 companies already thinking deeply about how to utilize the Web3 tech stack.On July 25, Web3 marketing analytics firm Safary released a comprehensive report titled “The Web3 Growth Landscape 2023."It noted that the 2010s were the
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In late 2018, the crowdfunding platform Republic acquired Game Theory Group and Revsin was brought on to head its new Republic Capital arm, which was distinct from the more consulting and builder-oriented Republic Crypto group. By the time Revsin left in April 2022, Republic Capital had raised more than $600
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In a statement to CoinDesk, a spokesperson for KuCoin said that the company has “not initiated any alleged layoff plans.” However, the spokesperson said that “as part of the company's business development and semi-annual employee performance review, there might be some personnel adjustments as needed, which is a normal process
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The highly anticipated project co-founded by OpenAI's Sam Altman launched its token on Monday. Source
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Given the current push for crypto regulation, the industry breathed a sigh of relief on July 13 as Ripple Labs scored a partial victory in its legal battle with the United States Securities and Exchange Commission (SEC) dating back to 2020.Judge Analisa Torres of the U.S. District Court for the
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“If a reconciliation error occurs, the blockchain will stop producing new blocks, impacting downstream services such as bridges, deposits, and withdrawals on exchanges,” developers wrote on GitHub. “This drastic action is necessary to protect the chain and its users, so core developers and community members should investigate the issue as
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The New York Federal Reserve and several large U.S. banks have successfully conducted an experiment using distributed ledger technology (DLT) to facilitate domestic and international transactions among various financial institutions. The “regulated liability network” experiment According to Bloomberg, the
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The United States Federal Reserve has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.”The report issued on June 28 also showed relative weakness among the midsize and regional banks. However, the stress test only required the 23
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ethereum (ETH) is making significant strides despite the broader downturn in the crypto market. According to Altcoin Daily, a widely followed crypto-focused YouTube channel, several factors are converging to suggest a potentially optimistic future for the
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