July 2024 – Page 9

House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path

Leave a Comment / Fails, House / azlan90

The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients as a liability on their balance sheets. This makes it inefficient for large banks to offer crypto custody services. Both the House and Senate passed a bipartisan Congressional Review Act (CRA) resolution to nullify this guidance, […]

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Judge Criticizes Coinbase’s Attempt to Subpoena SEC Chair Gary Gensler

Leave a Comment / Criticizes, Judge / azlan90

In a July 11 hearing, Judge Katherine Polk Failla expressed skepticism about Coinbase’s efforts to subpoena SEC Chair Gary Gensler in the ongoing SEC case against the cryptocurrency exchange. As detailed by Inner City Press, the hearing showcased Coinbase’s persistent efforts to acquire Gensler’s communications, including statements made before he became SEC Chair in 2021.

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FatBoy, Your Ultimate P2E Champion

Leave a Comment / FatBoy, Ultimate / Nisha

How do you know your P2E game is getting your earnings pumped? Well, if they raise almost $1.5 M in the first 12 hours and with the help of its community, almost without any marketing, then you’ve found your champion! This is the case with FatBoy, the latest P2E game within the FATTY ecosystem. But

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Here’s How Much Bitcoin (BTC) Drake Lost After Argentina Qualified for Copa America’s Final

Leave a Comment / Bitcoin, Here’s / Nisha

TL;DR Drake lost a substantial Bitcoin bet after Canada was defeated by Argentina in the Copa America semi-final. His history of significant betting losses has led to the phrase “the Drake curse,” suggesting teams or athletes he supports tend to perform poorly. Betting Against Lionel Messi The Canadian musician and actor Aubrey Drake Graham (better

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Important Binance Update for July 17th

Leave a Comment / Binance, Important / Nisha

TL;DR Binance will suspend deposits and withdrawals for approximately one hour in mid-July, with trading services unaffected. The company’s delisting of several altcoins recently caused significant price drops. A similar pattern was witnessed when Binance terminated services with the popular privacy coin Monero (XMR). Brief Disruption on All Services The world’s largest cryptocurrency exchange, Binance,

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Illinois Court Confirms That Bitcoin And Ethereum Are Both Commodities: CFTC Chair

Leave a Comment / Court, Illinois / Nisha

Rostin Benham – Chairman of the Commodities and Futures Trading Commission (CFTC) – says that an Illinois court has formally ruled both Bitcoin (BTC) and Ethereum (ETH) to be commodities, all but settling the CFTC’s crypto turf war with its sister agency. “In its decision, the court re-affirmed that both Bitcoin and Ether are commodities

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Mog Coin Surges 20% as WienerAI Meme Coin Raises Over $7M

Leave a Comment / Surges, WienerAI / Nisha

The meme coin space has had a volatile 24 hours. Several coins have jumped in price, with Mog Coin (MOG) leading the way, soaring over 20%. But while everyone’s busy watching MOG, newcomer WienerAI (WAI) has also been gaining traction – and recently passed the $7 million mark in its presale. Mog Coin Nears All-Time

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Deadline Speculations for a Solana ETF Ramp Up: Analysts Predict Mid-March Timeline

Leave a Comment / Deadline, Speculations / azlan90

Analysts say that Solana ETFs are expected to have a final decision deadline around mid-March 2025. This follows the Chicago Board Options Exchange (CBOE) filing applications on Monday to list VanEck and 21Shares’ proposed ETFs. Mid-March Decision Deadline Bloomberg ETF analyst Eric Balchunas noted that Solana ETFs are expected to have a final deadline of

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Australia’s ASX Welcomes Another Bitcoin ETF with DigitalX Launch

Leave a Comment / Australia’s, Welcomes / azlan90

DigitalX Limited, a digital asset fund manager, announced today the successful approval and upcoming launch of its spot Bitcoin ETF on the Australian Securities Exchange (ASX). The new spot Bitcoin ETF, under the ticker “BTXX,” will start trading on Friday, July 12, 2024, at 10:00 AM AEST. DigitalX Teams Up with K2 Asset Management and

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Introducing Flurbo, Schmeckle, and the Launch of DeFi.Gold’s NFT Marketplace

Leave a Comment / Flurbo, Introducing / azlan90

[PRESS RELEASE – Georgetown, Cayman Islands, July 9th, 2024] The DeFi.Gold team is thrilled to announce the launch of two memecoins, Flurbo and Schmeckle, in partnership with DeFi.Gold. These projects are bringing their Bitcoin Runes tokens to the forefront, aiming to revolutionize the crypto space with a unique twist. These twin currencies are set to

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