The recent allegations against crypto exchange Coinbase regarding a $25 million donation to Fairshake, a crypto Super PAC, have raised concerns about potential violations of campaign finance laws. The timing of the donation, coinciding with negotiations for a federal government contract with the US Marshals Service, has sparked controversy. The researcher, Molly White, suggests that
In a recent discussion with Joey Garcia, the Director and Head of Regulatory Affairs at Xapo Bank, insightful details were shared on the journey and evolution of digital assets regulation. This article will delve into the key insights provided by Garcia and analyze the impact of his work in shaping regulatory frameworks for the crypto
In a surprising turn of events, the Solana network has outpaced Ethereum in monthly decentralized exchange (DEX) volume for the month of July. According to DefiLlama data, Solana’s DEX transactions reached an impressive $55.8 billion, surpassing Ethereum’s $53.8 billion for the same period. This significant milestone marks Solana’s second-highest monthly volume, following a peak in
Bybit, a popular crypto exchange, recently announced its decision to end operations in France due to regulatory issues. The company cited new developments from the French regulator as the reason behind this move, suggesting that licensing problems were at the core of the issue. Bybit expressed its intention to return to the French market once
Ethereum faced a challenging week as it experienced a 3% loss in its price. The support level at $3,300 was lost, now acting as a key resistance. The current support has shifted to $2,800, indicating a bearish trend. The MACD and RSI indicators also suggest that sellers have the upper hand in the market. Buyers
In recent months, the decentralized finance (DeFi) sector has been experiencing a notable resurgence, with key metrics such as active loans and total value locked (TVL) showing significant growth from their lows in 2023. DeFi lending, which allows investors to lend their crypto assets in exchange for interest, serves as a crucial indicator of participation
Former US President Donald Trump has recently made headlines by endorsing Bitcoin and delving into the world of cryptocurrencies. With a potential return to the White House in 2024 looming, Trump has strategically aligned himself with the crypto industry to garner support for his campaign efforts. During the Bitcoin Conference in Nashville, he unveiled a
Lost Dogs is not your typical game on Telegram. It is a revolutionary new approach to gaming that combines NFTs and token rewards in a story-driven format. Players are not just passive participants, but active decision-makers who shape the outcome of the game through their daily choices. This unique gameplay puts the focus on interactive
Coinbase has recently reported total revenue of $1.449 billion for the second quarter, surpassing the market consensus estimate of $1.396 billion. This significant increase in revenue highlights the company’s ability to capitalize on the growing interest in cryptocurrency trading. It is worth noting that this figure is more than double the total income reported for
In the aftermath of the Bitcoin2024 conference, Bitwise CIO Matt Hougan has made a daring call to crypto investors, urging them to reconsider the potential upside of Bitcoin. Despite the market’s historic concerns about downside risks and volatility, Hougan believes that recent developments at the conference indicate that the market is not bullish enough about
