Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay…
In brief
Senator Elizabeth Warren and consumer advocacy groups denounced a report detailing plans by major retailers including Amazon and Walmart to potentially issue their own stablecoins.
The GENIUS Act, a stablecoin…
Lawmakers in the US Senate are scheduled to consider a vote on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, after a majority chose to invoke…
In brief
Dogecoin is leading meme coins lower as tensions between Iran and Israel flare.
The leading dog-themed token is down nearly 6% in the last 24 hours.
Other popular memes,…
In brief
Israel launched a military operation against Iran, spooking markets. Are Bitcoin investors panicking?
Data shows Bitcoin still remains in bullish territory, unlike traditional markets.
Ethereum and other altcoins, though, aren't faring…
The window to pass meaningful cryptocurrency legislation in the United States is closing fast, and if missed, the industry could face long-term consequences, according to Marta Belcher, president of the…
Key takeawaysThe SEC has clarified that solo staking, delegated staking and custodial staking, when tied directly to a network’s consensus process, do not qualify as securities offerings.Post May 29 guideline,…
Crypto Plunges, Israel strikes Iran, Gold & Oil SoarCrypto Plunges, Israel strikes Iran, Gold & Oil Soar
FOMO HOUR EP378Crypto plunges as Israel strikes Iran. $1.1bn liquidations, Wynn liquidated again. GameStop…
When spreadsheets give way to sliding tackles, you
know it’s time for FXCubic’s annual football tradition. Financial firms from around the world are gathered in
Limassol for a football tournament that blurs…
In brief
Meta has acquired a 49% stake in Scale AI for $14.3B, its second-largest deal ever.
Scale CEO Alexandr Wang has joined Meta to lead a new superintelligence lab.
The investment illustrates…