US House to vote next week on overriding President Biden’s veto of SAB 121
A resolution to overturn Staff Accounting Bulletin 121, also known as SAB 121, was vetoed by President Biden in May.The vote is a constitutional obligation, and political experts are mixed…
Venezuelans Turn to Crypto Amid Worst Economic Crisis.
As Venezuela battles its worst economic turmoil, cryptocurrency remittances have emerged as a lifeline for the citizens amidst traditional financial challenges. With crypto remittances accounting for a substantial portion of…
HODL Instead of Sell: German MP Criticizes Government’s Approach of Selling Bitcoin.
Cotar criticized the German government for selling Bitcoin, contrasting it with the US considering Bitcoin as a strategic reserve currency. German Member of Parliament and Bitcoin advocate Joana Cotar has…
Sam Bankman-Fried Family’s Deep Involvement in $100M Political Donation Effort Uncovered – WSJ.
Despite the denials of SBF’s family, evidence now points to a coordinated effort.Sam Bankman-Fried – the founder of the now-defunct crypto exchange FTX, once celebrated as the “poster boy” of…
PancakeSwap to Distribute 2.45M ZK (zkSync) Tokens to Thank Community.
PancakeSwap’s unclaimed ZK tokens will be reallocated to its ecosystem for future development and other community initiatives.Popular multi-chain DEX, PancakeSwap has announced a major community reward program from July 5…
Labour Party’s Keir Starmer is UK’s new PM: What can Crypto Lovers Expect?
Labour Party’s Keir Starmer wins UK ElectionsThe Labour Party has won the United Kingdom general elections with a thumping majority and their leader Keir Starmer is all set to become…
EU Launch Travel Rule for Crypto Exchanges from 2025.
Effective December 30, Regulation (EU) 2023/1113 requires EU crypto exchanges to follow strict transfer reporting rules. The European Banking Authority (EBA) has announced the extension of travel rule guidelines to…
Bitwise Files Amended Spot Ethereum ETF S-1 Form.
Bitwise has updated the S-1 form for its Ethereum ETF ahead of the deadline, and analysts anticipate a mid-July launch as SEC approval nears. Asset management firm Bitwise has amended…
Friend.tech A Decentralized Social Media Platform Reverses Decision To Migrate From Coinbase-Backed Layer-2 Chain.
A social media-focused crypto project is reversing course on its decision to leave the blockchain of top US-based crypto exchange Coinbase. In a new announcement on the social media platform…
UK election victory for Labour could see a focus on Real World Asset Tokenization and CBDC development.
A Labour government in the UK could impact the crypto sector by seeing a focus on real-world asset tokenization and the development of CBDC technology, according to deVere Group CEO…