Cryptocurrency Analysis and News Portal
Flashbots has added 13 team members in the past six months, bringing the total size of the team above 50. Also joining Flashbots are Danning Sui, formerly head of data science at the decentralized finance infrastructure firm 0x; and Daniel Marzec, previously an engineer at Blocknative, another major MEV industry
Read More
As the International Monetary Fund (IMF) continues its effort to advance the technologies behind central bank digital currencies (CBDCs), some members of the crypto community have reacted strongly against the IMF's efforts to further the initiative. In a CBDC policy roundtable on June 19, the IMF’s director of the monetary and
Read More
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity. Source
Read More
Senior Judge Jed Rakoff, of the U.S. District Court for the Southern District of New York, questioned whether there was a major questions issue, saying Congress intended to give the SEC broad regulatory authority when drafting the laws overseeing the agency. Original Source
Read More
GameStop has fired its CEO Matt Furlong, the executive responsible for launching the company’s push into nonfungible tokens (NFTs).According to a June 7 statement, Furlong was terminated, while Ryan Cohen — a billionaire investor held in high esteem by memestock traders following the notorious GameStop short squeeze in 2021 —
Read More
But as a product of negotiations between Rep. Patrick McHenry (R-N.C.), the chair of the financial panel, and Rep. Glenn “GT” Thompson (R-Pa.), the chair of the agriculture committee, this bill doesn’t yet represent the needed input from their Democratic counterparts. It’s a “discussion draft” meant to start the conversation,
Read More
Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin (BTC) and the largest altcoin, Ether (ETH).QCP Capital: Bitcoin consolidation “played out perfectly”Bitcoin price has been ranging
Read More
Lawmakers in the European Union are seeking to implement a code of conduct for the development and implementation of artificial intelligence (AI) prior to their forthcoming EU AI Act. In a joint meeting of the EU-U.S Trade and Technology Council in Sweden on May 31, the EU tech chief Margrethe Vestager
Read More
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bid to advance America’s position in the digital finance landscape, the Chamber of Digital Commerce is urging the U.S. Congress to expedite the creation of a comprehensive legal framework for cryptocurrencies. In a move aimed
Read More
US remittance system Ripple acquired Metaco to leverage the company’s resources and entrench itself in the emerging crypto custody market. Ripple has acquired Swiss-based Metaco for $250 million as part of the remittance network’s expansion into institutional crypto custody. The acquisition also comes amid a favorable ruling for Ripple in its ongoing lawsuit with the Securities
Read More