Florida Gov. Ron DeSantis cancelled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. The cancellation was due to the approach of Hurricane Idalia, which hit Florida’s coastline on Aug. 30.DeSantis has taken certain positions relevant to digital asset users. In July, he […]
US Bitcoin Corp (USBTC) has announced that it will host 8,500 Bitcoin miners with an estimated hashrate of 820 petahash belonging to bankrupt crypto lender Celsius at its Alpha Site. This is part of an arrangement that could see it manage up to 310,000 Bitcoin miners from Celsius and other clients. In May, USBTC, as […]
Trust Machines, a company building the largest ecosystem of Bitcoin applications, has announced the launch of its flagship wallet brand, Leather. Leather is a Bitcoin wallet with the mission of driving the global transition to a digital economy built on Bitcoin. Leather is a self-custodied, open-source and audited wallet, giving users the ability to securely […]
Regulators are still trying to figure out how to regulate the crypto industry, but recent judicial rulings have been promising. Bill Morgan, an attorney representing Ripple in its legal battle with the SEC, has commented on the changing interpretation of digital assets and the divergence from the SEC’s traditionally stringent perspective.Judge Katherine Polk Failla recently […]
Experts predict that the United States could see its first spot Bitcoin ETF by the end of 2023. Two Bloomberg exchange-traded fund (ETF) analysts, Eric Balchunas and James Seyffart, have upped their prediction to a 75% chance of a spot Bitcoin ETF launch in the US.The positive sentiment comes after Grayscale scored a major victory […]
Elon Musk’s social media platform, formerly known as Twitter, has obtained payments licenses from several U.S. states in recent months. This includes a currency transmitter license in Rhode Island, which is essential for offering crypto services. Musk has hinted at supporting crypto on the platform, and the licenses allow for broader payments services to be […]
The US Court of Appeals has unanimously ruled that the US Securities and Exchange Commission (SEC) has violated the Administrative Procedure Act (APA) by denying Grayscale Investment’s request to transform its Bitcoin Investment Trust (GBTC) into a Bitcoin Exchange Traded Fund (ETF). This is a major victory for the crypto industry, and markets have reacted […]
The decentralized exchange Uniswap recently won a class action lawsuit in the Southern District of New York. The lawsuit sought to hold Uniswap, Paradigm, and other related parties responsible for losses incurred by users due to scams and Ponzi schemes. Judge Katherine Polk Failla ruled that there was insufficient evidence to prove that Uniswap developers […]
X, the social media site owned by Elon Musk and formerly known as Twitter, has been granted payment licenses by a number of American states. This week, the company received a currency transmitter license in Rhode Island. Musk has hinted at supporting crypto on X, even briefly replacing the old Twitter bird logo with dogecoin’s […]
X, the social media site owned by Elon Musk and formerly known as Twitter, has been granted payment licenses by a number of American states. This week, the company received a currency transmitter license in Rhode Island. Musk has hinted at supporting crypto on X, even briefly replacing the old Twitter bird logo with dogecoin’s […]
