The American Bankers Association (ABA), together with 52 state bankers associations nationwide, has submitted a letter to the US Department of the Treasury, urging an implementation of the GENIUS Act’s prohibition on curiosity for fee stablecoins. This letter responds to the Treasury’s advance discover of proposed rulemaking regarding the nation’s stablecoin invoice and underscores the…
On Tuesday, the Ethereum worth fell by 8%, following the general correction within the cryptocurrency market and even outperforming Bitcoin’s (BTC) dip. This has sparked considerations as ETH nears essential assist ranges, placing its $3,000 mark at hazard. October Events Lead To Significant Corrections Ram Ahluwalia, the chief funding officer at Lumida Wealth, lately noted…
Two headlines hit the web inside hours of one another this week, and collectively they map the present state of DeFi’s safety theater. StakeWise DAO executed contract calls to get well roughly $19.3 million in osETH, together with a further $1.7 million in osGNO, from the Balancer V2 exploit that drained between $110 million and…
The United States has intensified its efforts to disrupt North Korea’s clandestine monetary networks by imposing new sanctions on people and establishments accused of facilitating the laundering of crypto linked to cyberattacks. Crypto To Support Nuclear Initiatives? On Tuesday, the US Treasury Department’s Office of Foreign Assets Control (OFAC) announced the designation of eight people…
The chapter property of the now-defunct cryptocurrency change FTX has determined to withdraw its movement geared toward limiting creditor distributions to sure “probably restricted international jurisdictions.” This choice follows substantial pushback from collectors and a wave of objections filed in chapter court docket. FTX Trust Abandons Controversial Plan The FTX Recovery Trust, which filed a…
Bitcoin traded at $100,640.15 as of press time, down 5.6% in the previous 24 hours, after briefly dropping the $100,000 worth threshold on Binance futures for the first time since June 23. The sell-off wiped billions from the broader crypto market as merchants confronted a three-month high in the greenback, fairness weak spot, and a…
October closed roughly 4% down for Bitcoin, but enterprise funding hit $5.1 billion in the identical month, the second-strongest month since 2022. According to CryptoRank information, three mega-deals account for many of it, as October defied its personal seasonal mythology. Bitcoin fell 3.7% throughout a month merchants have nicknamed “Uptober” for its historic successful streak,…
Singapore – November 4, 2025 – LayerEdge, a Web3 infrastructure supplier targeted on zero-knowledge (zk) proof aggregation to main layer-1 blockchain ecosystems, in the present day introduced an integration with the TRON community to deliver Bitcoin-anchored safety to TRON’s high-throughput ecosystem. LayerEdge’s edgenOS platform works by establishing an immutable verification framework for the community’s state….
President Donald Trump informed 60 Minutes on November 2 that China poses a aggressive risk in crypto, warning that “China is getting into it very big proper now.” The declare surfaces a paradox. Beijing banned crypto buying and selling and mining in 2021, but Trump frames the nation as America’s principal rival in digital property….
Bitcoin dropped under $106,505.22 on Nov. 3, down 3.6% in 24 hours, as a strengthening US greenback and sustained ETF outflows pressured crypto throughout the board. As of press time, Bitcoin has misplaced that key help degree, now buying and selling under $104,000 for the primary sustained time since June. Ethereum trades at $3,490, falling…