A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for failing …
Altcoins
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Altcoins
Grayscale Research Is Warning of AI-Driven Surveillance Risks on Transparent Blockchains, Says Zcash Will Be Part of the Solution
by Joseph Reesby Joseph ReesGrayscale Research is warning that artificial intelligence may heighten financial surveillance risks on transparent blockchains by improving the ability to link transactions with …
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Altcoins
Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin
by Joseph Reesby Joseph ReesA group of 21 banks and financial firms including Bank of America, Wells Fargo, Citigroup and Goldman Sachs are preparing to launch a …
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Altcoins
Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report
by Joseph Reesby Joseph ReesCrypto platforms are suffering massive losses to sophisticated exploits despite many having undergone independent security audits. A new CoinGecko report shows that between …
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Altcoins
Bank of America, Wells Fargo, Santander and Other Banks Evaluating Plans To Issue Their Own Stablecoins: Report
by Joseph Reesby Joseph ReesMajor banks are shifting from opposing stablecoins to advancing their own versions as competition grows in the payments market. The change comes after …
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Altcoins
Coinbase Tokenized Stocks Go Live on Base Bringing Apple and NVIDIA Shares to DeFi 24/7
by Joseph Reesby Joseph ReesTokenized versions of major US stocks are going live on Base, Coinbase’s Ethereum layer-2 network. Base says tokenized stocks issued by top US …
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Altcoins
Trump Meme Coin Team Transfers $6,210,000 Worth of Tokens to OKX Exchange: On-Chain Analysts
by Joseph Reesby Joseph ReesBlockchain sleuths are tracking a major transfer of Official Trump meme coin tokens to a leading cryptocurrency exchange. The firm Lookonchain says that …
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Altcoins
OCC Grants Conditional Approval for World Liberty Trust Bank Focused on Stablecoin Operations
by Joseph Reesby Joseph ReesA US banking regulator is granting preliminary conditional approval to World Liberty Financial’s application for a new national trust bank. The Office of …
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Altcoins
U.S. Treasury Department Seeks Public Comment on Implementation of GENIUS Act Stablecoin Legislation
by Joseph Reesby Joseph ReesThe U.S. Department of the Treasury is asking for public comment on the upcoming implementation of new stablecoin rules. The GENIUS Act, signed …
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Altcoins
Tether Completes Largest Inaugural Financial Audit in History Conducted by Big Four Accounting Firm
by Joseph Reesby Joseph ReesThe issuer of the world’s largest stablecoin is completing its first full independent financial statement audit, resulting in an unqualified clean opinion from …