US Treasury Secretary Janet Yellen Issues Caution on Crypto and AI
US Treasury Secretary Janet has called for oversight of the crypto ecosystem amidst growing hype.
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US Treasury Secretary Janet has called for oversight of the crypto ecosystem amidst growing hype.
Popular Solana memecoin launchpad Pump.fun implements UK geoblocking following regulatory scrutiny from the Financial Conduct Authority over unauthorized financial services.
The initiative will leverage decentralized GPU networks, hardware financing, and DeFi tools to address global compute shortages.
Coinbase has showcased the extent of FDIC involvement in Operation Chokepoint 2.0.
Security concerns have surfaced regarding Sky’s Lite PSM system, where $756 million in USDC is controlled by an externally owned account, raising questions about potential vulnerabilities and withdrawal risks.
The Czech Republic’s new reforms aim to attract businesses, investors, and innovators by fostering a crypto-friendly ecosystem.
Social trading platform eToro is planning a US IPO with Goldman Sachs, targeting a $3.5 billion valuation, marking its second attempt at going public after a failed SPAC merger in 2022.
Approximately 15% of home equity lines of credit (HELOCs) transactions are now conducted on the blockchain, accounting for $650 million every month.
By emerging as the largest holder, Bitcoin ETFs now have the chance to attract even more institutional investors, further reinforcing Bitcoin as an asset class.
The $50 million fund will support consumer-oriented meme projects with practical applications, like payment solutions.
The NFT market’s recovery is not isolated to trading volume alone. Overall market value grew to $8.8 billion in November. Also, daily trading volumes across various chains jumped by nearly 50%.
Ceffu, Binance’s institutional custody partner, has teamed up with the EOS Network Foundation to unlock new opportunities for CeDeFi strategies, combining decentralized finance (DeFi) and centralized exchanges (CEXs).
Overall, Tether’s idea is to make USDT transactions more accessible and efficient globally.
Following the appointment of David Sacks as AI and crypto czar, DYDX saw a 35% price rally, with daily trading volumes surging by 168%, amid links to Sack’s venture capital investment firm.
“Legal certainties create opportunities for companies to collaborate with regulators and operate compliantly,” said Usi Zade, Chief Operating Officer at Bitget.