Trump Suggests Presidents Should Weigh in on Fed Policies, Jabs at Powell’s Interest Rate Timing
On Thursday, at a press conference held at Mar-a-Lago, former President Donald Trump shared his thoughts with reporters, stating that the sitting president should have a voice in the U.S. Federal Reserve’s monetary policies. Trump targeted Fed Chair Jerome Powell’s actions concerning interest rates, particularly critiquing the timing and lack of cuts. “A little bit […]
Justin Sun Delivers Keynote and Fireside Chat at ABS2024, TRON DAO Featured as Title Sponsor
PRESS RELEASE. Geneva, Switzerland, August 9, 2024 – The Asia Blockchain Summit 2024 (ABS2024), featured TRON DAO as a Title Sponsor and welcomed TRON founder Justin Sun to deliver a keynote speech. Sun also participated in a thought-provoking fireside chat with Song Hongbin, author of “Currency Wars”. The summit convened leaders from Web3, and various […]
Federal Reserve Cracks Down on Customers Bank’s Crypto Strategy
The U.S. Federal Reserve has taken decisive action against Customers Bank, highlighting significant compliance deficiencies in its digital asset strategy and instant payments network. The enforcement action mandates the bank to bolster its Anti-Money Laundering (AML) protocols and limit risks associated with its digital asset clients. This move underscores the increasing regulatory scrutiny on financial […]
Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App
Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. “This is a game-changer […]
Irish Authorities Seize $7.1M in Cryptocurrency Amid Darknet Money Laundering Bust
Irish authorities seized $7.1 million in cryptocurrency in a raid targeting money laundering and darknet sales. Three individuals were arrested, with one remaining in custody. “The arrests of the three individuals and the assets seized are the result of a highly complex investigation into criminal darknet marketplace activities by specialist investigators attached to the Garda […]
Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected
Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country. Paradoxically, using X, Maduro called for an end to “plans […]
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million in Stolen User Funds Crypto exchange Binance announced on Wednesday that its security team […]
Bitcoin Breaks Past the $60K Threshold, Jumps 26% in 3 Days
On Thursday, bitcoin (BTC) leaped to a high of $62,729, representing a more than 26% jump from its Aug. 5 low of $49,577, recorded just three days earlier. The broader cryptocurrency market, which encompasses over 10,000 digital currencies, saw an 11.29% rise over the past 24 hours, with many assets enjoying double-digit gains. Bitcoin Hits […]
Former SEC Official Urges 15,000 Morgan Stanley Advisors to ‘Say No’ to Bitcoin ETFs, Citing ‘Mammoth Risk’
The U.S. Securities and Exchange Commission’s former head of internet enforcement, John Reed Stark, has raised concerns about Morgan Stanley’s 15,000 financial advisors promoting cryptocurrency investments, citing risks to retail investors and potential career consequences for advisors. He warned that the advisors could risk their Certified Financial Planner credentials if they fail to adhere to […]
Brazilian Regulator Approves Solana Spot ETF
The Brazilian securities regulator (CVM), equivalent to the U.S. SEC, has greenlighted the launch of a solana spot ETF for national markets. The product, the first of its kind to be approved, is offered by QR and managed by Vortx. It is already in its pre-trading stages. Brazilian SEC Pioneers Solana Spot ETF Approval Solana […]
