US banking lobby last-minute bid to stop Biden vetoing SAB 121 overturn

Support at $36,000 may also be temporary, one trader warns, after a major Binance buy wall is obliterated. 2405 Total views 4 Total shares Bitcoin (BTC) broke below $37,000 during trading on June 18 in the latest short-term bearish sign for hodlers.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuyers no match for BTC bearsData from Cointelegraph…

Germany-based Bitcoin (BTC) bank Bitwala announced that it received €13 million (almost $14.5 million) in funding in a press release shared with Cointelegraph on July 31.Connecting Bitcoin and banksPer the release, an international investor consortium led by Sony Financial Ventures, Global Brain and British investment company NKB Group invested in the German bank. Furthermore, half…

An error on the pricing oracle software for Terra Classic validators opened the door for an exploiter to drain four synthetic asset pools from the Mirror Protocol. 1027 Total views 26 Total shares A mismatch in the reported price of underlying assets on synthetic assets DeFi platform Mirror Protocol has caused an ongoing exploit that…

The CEO will be replaced by Goldman Sachs executive Peter Mintzberg effective Aug. 15.

America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings and includes markets like lending and DeFi. 771 Total views 30 Total shares Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), is reportedly keen on bright-line regulations for the country’s crypto space.Gensler expressed the SEC’s desire to install safeguards…

Australia’s senate committee on technology and finance wants lawmakers to establish a national blockchain land registry. 3070 Total views 30 Total shares An Australian senate committee has published a report calling for a blockchain-based national land registry, better clarity over laws relating to smart contracts, and continued efforts to establish international standards for DLT.The Select…

The district administration for a town in India has digitized all land records dating back to the 1950s and stored them on the Avalanche blockchain in a move toward transparent, tamper-proof land governance. On March 6, the Dantewada District Administration of Chhattisgarh, India, announced that it had digitized over 700,000 land records via the Office

This interview has been edited and condensed.Aside from occasional blisteringly anti-crypto commentary from the likes of Warren Buffett and Bill Gates, one of the crypto industry’s most consistent and vocal naysayers is IT industry analyst Jason Bloomberg.Bloomberg is a published author, Forbes contributor and president of the firm Intellyx, which helps enterprises integrate new technological…

Ireland’s High Court has ruled that 25,000 euro in cryptocurrency held by a man in prison is considered “the proceeds of a crime,” the Irish Times reported on Tuesday, Dec. 18.The court “broke new legal ground”, the Irish Times states, while considering the case of Neil Mannion — a man reportedly serving a six-and-a-half year…