The bills received bipartisan support, which could help them advance when the session resumes Just before heading into the August recess, the US House of Representatives approved three major cryptocurrency-related bills that have been central to Republican policy efforts. The votes, which saw bipartisan participation despite clear divisions, reflect growing interest in shaping how digital
Coinbase is looking to become an all-around FinTech and crypto operator Coinbase has officially rebranded its Coinbase Wallet to the “Base app,” signaling a major shift in its strategy to build a comprehensive digital platform. Revealed at the company’s “A New Day One” event in Los Angeles, the new app aims to go beyond its
The next two years will be crucial for the development of cryptocurrency regulations in the US The House of Representatives is preparing for another attempt to move forward with key cryptocurrency legislation after a procedural vote fell short yesterday due to resistance from within the Republican Party. Speaker Mike Johnson confirmed that a second vote
They’re accused of facilitating a criminal enterprise led by Adam “The Godfather” Iza Two Los Angeles County sheriff’s deputies have pleaded guilty to participating in a cryptocurrency extortion scheme associated with an in-jail crypto entrepreneur, a Department of Justice announcement revealed. Deputies David Anthony Rodriguez and Christopher Michael Cadman both pleaded guilty to using their
Satoshi is believed to hold almost 1.1 million BTC in cryptocurrency wallets Satoshi Nakamoto, the mysterious creator of Bitcoin, has once again climbed the global wealth rankings after Bitcoin’s price surged past $120,000 over the weekend. Based on blockchain data, Nakamoto is believed to hold over 1.09 million BTC, which translates to more than $131
The partnership is meant to help cryptocurrency adopters make faster decisions Coinbase has partnered with Perplexity, a rising AI-powered search engine, in a move that could reshape how users access and act on crypto market data. Announced by Coinbase CEO Brian Armstrong, the collaboration aims to link Perplexity’s real-time question-and-answer system with the crypto exchange’s
The breach may have impacted as many as 27,000 Bitcoin Depot customers Bitcoin Depot, a well-known operator of crypto ATMs, has only recently informed its customers about a data breach, despite the fact that it occurred over a year ago. The breach, which took place on June 23, 2024, exposed the private information of nearly
The meetings could shape cryptocurrency policy at the federal level Ripple CEO Brad Garlinghouse is joining a group of crypto leaders and former regulators on Capitol Hill this week to discuss the future of US digital asset regulation. The Senate Banking Committee hosted the hearing as lawmakers consider a series of bills that could reshape
Buterin insists that using “copyleft” open-source licenses will foster more growth Vitalik Buterin, the co-founder of Ethereum, has recently expressed his strong support for the adoption of “copyleft” open-source licenses in the cryptocurrency industry. In a blog post published on Monday, Buterin explained his shift in perspective on software licensing. While he previously favored a
Elon Musk promises to expand cryptocurrency adoption through his new political party Elon Musk has confirmed that his newly established political party, the America Party, will embrace Bitcoin as part of its operations. Musk’s stance on Bitcoin reflects his ongoing belief in the potential of digital currencies to disrupt traditional financial systems. In a recent
A US bankruptcy judge will allow Celsius Network to move forward with its legal fight A US bankruptcy judge has ruled that Celsius Network may proceed with its lawsuit against Tether, the issuer of the USDT stablecoin, over a dispute stemming from the 2022 crypto market collapse. The legal battle centers on allegations that Tether
Ripple is putting its legal fight with the SEC behind it, allowing the company to move forward Ripple Labs is the latest cryptocurrency company to seek formal recognition in the US banking sector. On Wednesday, Ripple CEO Brad Garlinghouse confirmed that the firm has submitted an application for a national bank charter to the Office
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