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Minnesota Congressman Tom Emmer plans to present a budgetary amendment to limit the U.S. Securities and Exchange Commission (SEC) from utilizing its crypto regulations budget. Emmer, a Republican who holds the role of Majority Whip in the U.S. House of Representatives, is gearing up to sponsor a significant appropriations amendment
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) on the Base layer-2 network spiked to more than $400 million since the launch of the Aerodrome decentralized exchange. The most recent information from DefiLlama shows that the TVL of Base, a
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On August 29, flagship cryptocurrency Bitcoin soared to as high as $28,000 following Grayscale’s victory. However, it has now lost these gains
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Crypto exchange Binance has encouraged users to start converting their Binance USD (BUSD) stablecoin holdings into other available assets, including a newly listed stablecoin, amid plans to wind down support for BUSD. In an Aug. 31 statement from Binance, the crypto exchange confirmed prior speculation that it will gradually stop support
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The D.C. Circuit Court of Appeals was expected to give a ruling on Grayscale’s Spot Bitcoin ETF lawsuit against the United States
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FTX founder Sam Bankman-Fried's defense isn't denying that he shared former Alameda Research CEO Caroline Ellison's diary with the New York Times, and so he should be "detained pending trial," the U.S. Department of Justice said again in a filing late Thursday. Source
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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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Many Layer-1s are also soaring as SEC cases are called into question after favorable XRP ruling. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Venture capitalist Tim Draper revised his bitcoin price prediction, extending the time frame for the cryptocurrency to reach $250,000 to June 2025. Prominent venture capitalist, Tim Draper, has once again revised his bitcoin price forecast. Originally predicting
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The United States Democrat Senator Michael Bennet urged tech companies in a letter to label AI-generated content, along with monitoring any misleading content produced by AI. On June 29, the letter was sent to executives of major tech companies involved with AI including the maker of ChatGPT - OpenAI, Microsoft Meta,
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