US Senate passes resolution overturning SEC crypto rule on banks
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets.
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Russian Industrialist Union to Create Arbitration Board for Crypto-Related Disputes
The Arbitration Center at Russian Union of Industrialists and Entrepreneurs (RSPP) has announced the creation of a board for disputes on issues pertaining the “digital economy,” including crypto-related cases, Kommersant reported Wednesday, Oct. 31.The chamber will reportedly be created to hear cases related to blockchain technology, smart contracts and Initial Coin Offerings (ICO). As per…

Crypto firms cannot naively trust engineers with code, warns Exodus CEO
Exodus CEO JP Richardson says the firm’s security team reviews all engineers’ code to prevent malicious actions.

AirBit Club ‘ponzi’ co-founder gets 12 years prison
Convicted fraudster Pablo Renato Rodriguez will also need to serve three years of supervised release after he finishes his 12 year imprisonment sentence. 101 Total views 2 Total shares The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison

Huobi Mints $4.2 Million in Stablecoins — Is It a 4/20 Coincidence?
Huobi’s HUSD minting amount of $4.2 million coincides with April 20 day. 1210 Total views 28 Total shares Today, April 20, Huobi has reportedly minted some 4,200,000 HUSD worth $4.2 million.According to data published by Whale Alert, this minting occurred around 7:30 GMT. Social media reactions saw users note this number’s similarities to today’s date…

GameFi and crypto ‘natural fit’ for game publishers: KBW 2022
Korean experts believe that crypto would play a major role in the gaming ecosystem, and within the next 3 years, the majority of games might have an in-game crypto economy. 108 Total views 33 Total shares South Korea is considered the fourth biggest gaming market and one of the biggest blockchain adopters. However, the country…

High-profile athletes are spending huge amounts on NFTs: Here’s why
Athletes have been known to invest in a range of assets and businesses, but now they're also getting into cryptocurrency and blockchain.Nonfungible tokens (NFTs) are a relatively new form of tokens that allows for the exchange, trade and ownership of unique digital assets. According to market data, worldwide NFT trading was worth around $40 billion…

XRP chart triggers sell-off warning after price explodes by 54% in one week
XRP price almost surged to its three-month high following a strong uptrend continuation on Aug. 14. Nevertheless, its wild weekly run-up triggered overvaluation risks, thus raising possibilities of an imminent price pullback.In detail, the XRP/USD exchange popped 11.78% higher to reach $1.20 for the first time since May 22. The pair's gains appeared as a part…

Coinbase Bans Personal Account of British Right-Wing Pundit Milo Yiannopoulos
American major cryptocurrency exchange Coinbase has barred British right-wing pundit Milo Yiannopoulos from its platform, Yiannopoulos stated in a Gab post on May 3.Yiannopoulos is a well-known political commentator and public speaker, espousing controversial far-right views and describing himself as a "cultural libertarian". Previously, Yiannopoulos used to be an editor for syndicated American news and…