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US sanctions Iranian maritime firm, says it accepted Bitcoin to evade restrictions
The US Treasury said HormuzSafe accepted Bitcoin and other digital assets to evade sanctions and generate revenue for Iran’s Islamic Revolutionary Guard Corps.
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Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno and Gnosis joined a widening round of crypto restructurings in July, when at least 12 companies reported job cuts.
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Japanese game developer launches Bitcoin, altcoin fund with SBI
The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past year.
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Lummis Warns Clarity Act Delay Is ‘A Deliberate Decision’ To Kill The Bill
Senator Cynthia Lummis took to the Senate floor to defend the Digital Asset Market Clarity Act, telling colleagues she plans to keep speaking on the bill through the following day. She called it good for the country, go…
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US arbitration giant launches specialist panel for crypto disputes
The American Arbitration Association’s Web3 Panel brings together specialists in blockchain, smart contracts, digital assets and autonomous transactions.
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Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures.
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Flock Cameras Face Growing Backlash as Privacy Concerns Reach Capitol Hill
Public opposition to Flock Safety's automated license plate reader cameras is spreading from city council meetings to Capitol Hill as lawmakers prepare legislation targeting federal funding for agencies that deploy the …
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Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
Robinhood reported second-quarter earnings Wednesday and posted record quarterly revenue of $1.31 billion in Q2, up 32% year-over-year, beating Wall Street's estimate of $1.26 billion. The company is expanding into pred…
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Robinhood posts record quarter, but crypto revenue slides 38%
The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined.
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Pi Network Mainnet Upgrade Deadline: Why Missing August 11 Cuts You Off the Network
The post Pi Network Mainnet Upgrade Deadline: Why Missing August 11 Cuts You Off the Network appeared first on Coinpedia Fintech News
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Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.
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Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case
The post Breaking: CFTC Loses Fight to Protect Kalshi in Wisconsin Prediction Markets Case appeared first on Coinpedia Fintech News
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FOMC News: Fed Holds Rates at 3.50%-3.75% as Three Officials Back Hike
Fed holds rates at 3.50%-3.75% as three officials push for a 25-basis-point hike.
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Robinhood slides 4% despite earnings beat as crypto revenue cools
Robinhood (HOOD) topped Wall Street's second-quarter expectations, but shares fell about 4% in after-hours trading, adding to their 3.1% decline during Wednesday's session.
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Microsoft Quietly Adds New Windows App That Wants to Scan Your Face
Some Windows 11 users are discovering a new Microsoft app they never installed. Called OneDrive Photos, it automatically indexes local images and offers AI-powered search and optional facial grouping.
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Raoul Pal Reveals the Next 100x Crypto Trade and It Is Not Bitcoin, Ethereum or XRP
Raoul Pal has built a reputation for identifying macro trades before they become consensus. The former Goldman Sachs hedge fund manager and Real Vision founder is now making the case that the next crypto opportunity is …
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Ethereum Price Stalls as Fed Rate Decision Looms
The whole crypto market is in a holding pattern, eagerly awaiting the Federal Reserve’s next move.
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Fed holds rates steady, extending pause as markets await Kevin Warsh's policy roadmap
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, extending its pause for a sixth consecutive meeting as policymakers continue to grapple with stubborn inflation.
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US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill.
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Tether USAT Launches on Celo Going Beyond Ethereum for First Time
Tether launches GENIUS Act-compliant USAT on Celo, marking its first expansion beyond Ethereum.
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As crypto perpetual futures boom, Ethereum’s role is shifting
For years, Ethereum has been synonymous with decentralized finance. It pioneered onchain financial tools like lending protocols and tokenized assets, which today underpin much of the crypto economy. But one of crypto's …
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What is Zcash (ZEC)? The Privacy Coin Using Zero-Knowledge Proofs
For many years, Bitcoin was used to buy drugs online because it was believed to be anonymous. Turns out, it’s surprisingly easy to track Bitcoin transactions. Zcash, on the other hand, is a cryptocurrency that promised …
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SEC Ready to Provide Crypto Rules if Clarity Act Flounders: Chair Atkins
The SEC will write crypto market rules itself if Congress fails to pass the Clarity Act, chairman Paul Atkins said. The agency is "ready, willing, and able to come out with rules" covering the same ground, he told CNBC …
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Will Q3 Finally Change NEAR Price Trend?
NEAR price still remains below $2 despite major protocol developments during Q2.