Representative French Hill says two crypto-regulating bills in the US might make some progress on Capitol Hill before the current Congress disbands. United States Representative French Hill, the chair of the United States House digital assets subcommittee, says he’s “still optimistic” that two key crypto industry bills have a chance of moving forward in Congress...Continue Reading

Saylor appears to be “explicitly arguing for a regulatory capture approach to protecting crypto,” which was not what it is about, said Buterin.  MicroStrategy founder Michael Saylor’s suggestion that crypto users should use big banks to custody Bitcoin is “batshit insane,” according to Ethereum co-founder Vitalik Buterin, adding to a growing backlash from the crypto...Continue Reading

Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise.  Crypto predictions platform Polymarket is reportedly checking to ensure whales placing big bets on the United States presidential election are based overseas as US users are banned from the platform. “Polymarket is in the process of...Continue Reading

The IMF says inflation should return to normal by the end of next year but warned of slowing growth and increasing economic inequality.  Global inflation, which has suppressed risk assets like cryptocurrencies and tech stocks is set to fall to 3.5% by the end of 2025, thanks in large part to a resilient global economy,...Continue Reading

The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin’s price should be regulated or outright banned.  A controversial European Central Bank paper that stopped just short of calling Bitcoin a Ponzi scheme earlier this month has been slammed by a group of crypto academics in their latest...Continue Reading

Ethereum blob fees briefly surged to a price of $4.52 spurred by a frenzy of Scroll airdrop claims.  A frenzy of airdrop claims for a new Ethereum layer-2 network called Scroll briefly drove up the cost of blob fees as high as $4.52, marking the third time that blobs have become costly since Ethereum’s Dencun...Continue Reading

Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections. The United States is behind the curve on crypto regulations but could begin to shape up laws after the elections, says Paolo Ardoino, CEO of the largest crypto stablecoin issuer, Tether. “There...Continue Reading

Meta will test the facial recognition technology from 50,000 celebrities and public figures to curtail the “celeb-bait” scams. Meta, a social network company with nearly 4 billion users, is testing how it can use facial recognition technology to combat fake celebrity scam ads that have been plaguing its platforms. Meta said early testing with a...Continue Reading

Tesla’s massive Bitcoin transfers initially sparked fears of a market dump, but Arkham’s data suggests the assets are still under the firm’s control. Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm.  “We...Continue Reading

The tokenized fund will invest in data centers in the United States, the United Arab Emirates, the Kingdom of Saudi Arabia, India, and Europe.  Investment banking firm Aurum Equity Partners has announced the launch of a $1 billion tokenized fund, combining equity and debt assets under the same basket.  According to an Oct. 22 announcement,...Continue Reading