OCC Leader Gould States That Banks Can Legally Engage in Crypto Activities
Currency Secretary Discusses Crypto Banking At a recent Coindesk event in Washington, Jonathan Gould, the Secretary of Currency, addressed the role of banks in legally permitted cryptocurrency activities. He indicated that many banks are eager to participate, emphasizing that these engagements should not be dismissed outright. Gould pointed out that the technologies and processes inherent […]
Belarusian Banks Required to Embrace Crypto and Tokenization as Sanctions Tighten Economic Pressure
Simply put President Lukashenko mentioned that using tokenization could decrease the need for intermediaries, automate transactions, and give users more control. He anticipates that Belarus could process $1.7 billion in crypto payments this year, with expectations of reaching $3 billion. Countries aligned with Russia, such as Kyrgyzstan, are showing similar trends as they navigate sanctions. […]
Hyperliquid: Major Crypto Projects Competing for the USDH Stablecoin
Simply put The project is in a competitive struggle over who will control USDH tickers to develop “highly liquid-aligned” stablecoins. Major players like Ethena, Paxos, Sky, and Agora have put forth their proposals, most of which include plans to benefit the high liquid community. Interestingly, a newer entrant from the native market seems poised to […]
SEC postpones decisions on crypto ETFs from BlackRock and Franklin Templeton
SEC Delays Decisions on Crypto ETF Proposals On Wednesday, the Securities and Exchange Commission (SEC) decided to postpone its rulings on several proposals for cryptocurrency exchange-traded funds (ETFs), affecting well-known names like BlackRock and Franklin Templeton. New deadlines have been set, with November 13 designated for Ethereum-related proposals from Franklin and November 14 for Solana […]
Leading U.S. banking official Gould states that the removal of crypto banking is a reality.
Gould’s Stance on Crypto and Banking In the recent weeks, Jonathan Gould, who oversees the Secretary of Currency, has been quite clear about his stance on the removal of crypto entities from banking connections. “Dabaghking is legitimate,” he stated to attendees at a Coindesk regulatory event in Washington, D.C. this past Wednesday. Appointed by President […]
Analysts believe that crypto traders’ present concerns will not endure.
According to Santiment, an on-chain analytics platform, the mood among crypto traders has shifted towards negativity, with heightened feelings of fear, uncertainty, and doubt (FUD). However, some analysts believe this trend will be short-lived. Santiment noted in a recent post on X that Bitcoin (BTC) prices have dropped, leading many traders to discuss selling strategies […]
Solana and XRP Rise as Crypto Market Cap Exceeds $4 Trillion
Simply put Solana reached $219.50 and XRP climbed over $3, both significantly outpacing the overall market, while Ethereum seems to be settling down. A market forecast indicates that 54% of participants believe Solana will hit a new all-time high by year-end, with a similar positive outlook for XRP, potentially reaching $4. The anticipated approval of […]
Forceful cryptocurrency scammer highlights importance of new Campbell Co. crypto account
Police departments are stepping up to intervene in cryptocurrency scams, recently helping a woman reclaim $23,000 after she nearly fell victim to the con. This situation was captured on bodycam footage shared by the Ohio Department of Employment and Family Services. In the video, a woman is shown at a gas station, attempting to deposit […]
Crypto Users Advised to Cease Transactions Due to Major Exploit Risking Apps and Wallets
Concern Over Compromised JavaScript Packages in Crypto Community Crypto user Swass might face risks of fund theft after the identification of compromised JavaScript packages, according to a warning from Ledger’s CTO, Charles Guillemet, on Monday. NPM, a prominent package manager for JavaScript, was highlighted by Guillemet, who noted that the breach could jeopardize the entire […]
Crypto ETFs See Withdrawals as Ether Funds Lose $912M: Report
Crypto Investment Products See Marked Decline in September Coinshares data reports that the trading volume for Crypto Investment Products took a downward turn in early September, decreasing by 27% within a week. This lack of trading activity has resulted in a significant outflow, with Crypto Funds experiencing a $352 million decrease over the past week. […]