Both the U.S. Senate and House are considering bills creating a regulatory framework for stablecoins, and all of the usual crypto-skeptic refrains have been sung, including the hymn that crypto is for crime. For instance, Senator Elizabeth Warren (D-MA) warned that the Senate’s GENIUS Act “will supercharge the financing of terrorism.” During debate on the…
Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a court filing. Details of the settlement agreement, including the amount O’Neal will pay, have not yet been disclosed. Plaintiffs in the case are…
Anonymous Labs, which launched the Simon’s Cat meme coin, is developing a licensed blockchain game based on hit TV show Peaky Blinders. Anonymous Labs, which launched the Simon’s Cat meme coin, is developing a licensed blockchain game based on hit TV show Peaky Blinders. Gaming Decrypt
Crypto exchange Coinbase (COIN) said it will introduce free conversions between PayPal’s dollar-pegged stablecoin, PYUSD, and the U.S. currency in a move aimed at accelerating the shift toward on-chain payments. The move, open to both retail and institutional customers, is part of a partnership aimed at promoting PYUSD as a payment currency. Coinbase also plans…
China denies trade talks, 21 Capital to buy 42K BTC, TRUMP pumps on dinner prize. – FOMO HOUR EP343 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at…
Ethereum NFT collectors noticed that images for multiple RTFKT collections were no longer showing—but a fix is in the works. Ethereum NFT collectors noticed that images for multiple RTFKT collections were no longer showing—but a fix is in the works. , NFTs Decrypt
Michael Saylor’s bitcoin buying strategy had both believers and skeptics. But a new rival just emerged, already holding nearly $4 billion BTC on its balance sheet—and it’s a bullish sign, according to at least one Wall Street analyst. When SoftBank, Tether, and Cantor Fitzgerald unveiled plans to launch a new bitcoin investment company called Twenty…
Japanese investment giant SoftBank is dipping its toes back into crypto by backing a new bitcoin (BTC) investment vehicle, Twenty One Capital, in conjunction with Tether, Bitfinex, and Cantor Fitzgerald. For some, the SoftBank Group—which has $308.7 billion assets under management—taking an interest in bitcoin is a welcome development and another sign of mounting institutional…
The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and El Salvador regulators. The prospect was raised during a meeting between the U.S. Securities and Exchange Commission’s Crypto Task Force and El Salvador regulators. , Law and Order Decrypt
Tesla plans to start rolling out its robotaxi service, and says it will begin manufacturing driverless “Cybercabs” in Texas next year. Tesla plans to start rolling out its robotaxi service, and says it will begin manufacturing driverless “Cybercabs” in Texas next year. Technology Decrypt
