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Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
On Wednesday, multi-chain wallet Bitkeep announced that it has raised $30 million from crypto derivative platform Bitget.Bitkeep, which currently has an overall valuation of $300 million, with…
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US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
U.S. Senator Ted Cruz has introduced a bill that would “prohibit the Federal Reserve from developing a consumer-directed central bank digital currency (CBDC). The senator warned that it…
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ARB Token Airdrop: Anticipation Spurs IOU Markets for Arbitrum’s Native Cryptocurrency Asset
A week ago, Arbitrum, an Ethereum layer 2 scaling solution, announced the launch of its native token called ARB, and since then the IOU market has launched, Now that we know what the tokens…
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Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
Legislation has been proposed to support the Bitcoin economy in Texas, USA.” Individuals who own bitcoins should be protected under the Texas Constitution,” the proposal…
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Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, explained that a super cycle may be occurring in bitcoin, noting that the cryptocurrency has He noted that the…
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SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” regarding possible securities law violations. The Nasdaq-listed cryptocurrency exchange noted…
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Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies
During the current meeting between Russian President Vladimir Putin and Chinese President Xi Jinping in Russia, Russia declared its move to use the Chinese renminbi as a settlement currency…
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SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) has taken action to issue a complaint against Tron founder Justin Sun and the Tron Foundation for offering unregistered securities and market…
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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
The total value locked (TVL) in decentralized finance (defi) has hit the $50 billion mark after being below this range for most of March. Currently, the value locked in Defi is approximately…
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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025
In response to the turmoil in the U.S. banking industry over the past two weeks, the Federal Reserve Board on Wednesday raised the federal funds rate 25 basis points (bps ) increase in the…
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US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
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