Senate confirms pro-crypto Scott Bessent as US Treasury Secretary
As US Treasury secretary, billionaire hedge fund manager Scott Bessent will have sway over fiscal policy, financial regulations, international sanctions and overseas investments.
Related Posts


Google bans 8 ‘deceptive’ crypto apps from Play Store
A Trend Micro report claims that over 120 fake crypto-focused apps are still operational on the Play Store, some exceeding over 100,000 downloads. 660 Total views 53 Total shares Google has delisted eight allegedly fraudulent mobile apps from its Play Store that were duping crypto enthusiasts by charging fees for an illegitimate cloud mining service. Fraudulent…

Bloomberg: Craig Wright Does Not Have Access to Bitcoin Fortune
Craig Wright said that he cannot comply with a court order to provide a list of all his early bitcoin (BTC) addresses, Bloomberg reported on June 28 The Australian computer scientist and self-proclaimed Satoshi Nakamoto said that he may not be able to access the coins at all.As previously reported, the United States District Court of…

Circle CEO Jeremy Allaire: Stablecoins That Use Open Standards Will Prevail
Jeremy Allaire, co-founder and CEO of payments company Circle, has said that as the sector continues to see new market entrants, stablecoins using an open standards approach will prevail. Allaire made his remarks during an interview with Fortune’s crypto-focused segment The Ledger on March 19.As reported, Circle launched its US dollar-backed, ERC-20 stablecoin USD Coin…

More than 40 digital currency ETFs await US regulatory approval
Competitors are quickly following suit after the first U.S.-based Bitcoin ETF debuted earlier this month. 241 Total views 4 Total shares Fund managers appear to be scrambling to match demand from investors as major cryptocurrencies such as Bitcoin (BTC), and Ethereum (ETH) teeter around record price levels. According to a Bloomberg Terminal screenshot taken by…

Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry
Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17.As reported by Canada’s national public news and information service CBC, the country’s government officially legalized recreational marijuana as of today. Cannabis was…

Three birds, one stone: Enhancing DeFi with political parties
Meta-DeFi protocols are becoming increasingly popular following the success of Yearn.finance. The project is essentially a yield farming hedge fund that lets people participate in complex strategies to farm the governance tokens, or GTs, of other protocols.Yearn is just about business — it sells any tokens it obtains through its activity. But a new project…

Bearish Bitcoin bites, fears of further falls, regulation woes build: Hodler’s Digest, May 23–29
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBearish signals grow as Bitcoin price drops to $35,000 and traders ignore…

Stock markets across Asia and Europe bleed red as interest rate woes returns
Chinese economic woes dragged down Asian markets while interest rate woes caused a bearish tumble in Europe. Asian and European stock markets faced sharp declines on Friday, with China spearheading the downturn as its September consumer price index showed no growth. Markets pundits say weak economic indicators from China could become a cause of concern