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SEC Closes Ethereum 2.0 Investigation

[Jun 18, 2024 11:24 PM] Consensys has announced that the U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into Ethereum 2.0. This decision implies that the SEC will not allege that sales of ETH are securities transactions. The…

Stand With Crypto Endorses 18 New House and Senate Candidates

[Jun 18, 2024 10:31 PM] Stand With Crypto, a crypto and blockchain-focused political action committee (PAC), has decided to endorse 18 additional House and Senate candidates from both parties to get crypto-friendly allies to achieve positive results in the upcoming…

Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp

[Jun 18, 2024 8:17 AM] The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past…

Coinbase International Adds Support for Trading Pre-Launch Tokens

[Jun 18, 2024 3:14 AM] Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price…

JPMorgan Questions Sustainability of $12 Billion Crypto Inflows

[Jun 17, 2024 4:11 PM] JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been…

Openai Reportedly Mulling For-Profit Shift

[Jun 16, 2024 10:05 AM] Openai, the artificial intelligence (AI) company, is considering shifting to a for-profit model, according to The Information. Sam Altman, CEO of the company, is said to be contemplating this decision and taking Openai’s non-profit board out…

Rapper Lil Pump Gets Dual Solana-Themed Tattoos

[Jun 15, 2024 8:45 AM] Gazzy Garcia, also known as Lil Pump, his professional rapper name, surprised his over 15 million followers on Instagram and X by posting pictures showing two new Solana-themed tattoos. The first featured the stylized name of the Solana blockchain…

Chinese Gang Arrested for Exploiting Digital Yuan

[Jun 15, 2024 3:23 AM] In Zhejiang province, China, a criminal gang exploited digital yuan accounts to illegally cash out over 200,000 yuan ($27,566) within four days. The digital yuan, or e-CNY, is the People’s Bank of China’s (PBOC) central bank digital currency…