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Crypto News
Coinbase removes USDC backed by US dollars claim
For the USDC stablecoin, Coinbase has removed the statement that it is "backed by US dollars." and now states that USD Coin is "backed by fully reserved assets."
The Coinbase website!-->!-->!-->…
Coinbase reports $2B Q2 revenue, 95% from transaction fees.
Coinbase Reports Record Q2 Revenue of $2 Billion, with 95% of revenue coming from transaction fees.
Coinbase, the largest cryptocurrency exchange in the United States, has just released!-->!-->!-->…
BitMEX settles AML, KYC charges for $100M
BitMEX agrees to pay US$100 million to resolve AML and KYC compliance violations.
According to a company blog post, Bitmex has agreed to pay up to US$100 million to settle charges!-->!-->!-->…
The US Senate fails to pass a critical crypto amendment
A high-stakes cryptocurrency amendment failed to gain unanimous approval in the United States Senate.
Senators Rob Portman (R-OH), Cynthia Lummis (R-WY), Patrick Toomey (R-PA), Ron Wyden!-->!-->!-->…
Cardano Founder Wants to Host a Crypto Rally in Washington
Cardano's creator is urging his followers not to surrender in the aftermath of a major setback in the United States. Senate.
Senators Rob Portman (R-OH), Cynthia Lummis (R-WY), Patrick!-->!-->!-->…
SEC Hits Poloniex With a fine of $10 million
Following a severe crackdown by the SEC, Boston-based crypto exchange Poloniex is reported to have settled the case by paying the regulator over $10 million in settlement charges.
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Ted Cruz Makes Shocking Crypto Tax Remarks
Senator Ted Cruz, a supporter of the cryptocurrency community, stated that the bill contained "dangerous provisions that would devastate crypto and blockchain innovation."
The!-->!-->!-->…
Alchemy Pay to launch virtual crypto cards with Visa and Mastercard
Alchemy Pay, a cryptocurrency payment company, is planning to launch a cryptocurrency-linked virtual card that will be accepted on the Visa and Mastercard payment networks.
Alchemy Pay,!-->!-->!-->…
Bitcoin ETF pledges carbon neutrality
Hashdex has committed to investing a portion of the funds managed by its new BITH11 exchange-traded fund in carbon credits and green technology.
BITH11, a newly launched exchange-traded!-->!-->!-->…
lawmakers will vote for a crypto tax bill On Tuesday
Senate negotiations on the contentious crypto aspects of the US infrastructure bill have concluded without agreement on any revisions, implying that the bill as written will be adopted on!-->…