Author: NBTC
Coinbase (COIN) is petitioning a federal court to take over jurisdiction of Oregon’s lawsuit accusing it of selling unregistered securities, arguing the state is improperly interfering with federal efforts to clarify digital asset regulations. In a filing late Monday evening, Coinbase argued that Oregon Attorney General Dan Rayfield’s lawsuit which it initiated in April over alleged trading of unregistered securities represents an overreach, and seeks to establish a patchwork regulatory landscape conflicting directly with ongoing bipartisan efforts at the federal level. “This lawsuit is a regulatory land grab,” the filing reads. “Dissatisfied with the federal government’s recent enforcement decisions, Oregon’s…
Alchemy Pay has added support for USD1, a U.S. dollar-backed stablecoin created by World Liberty Financial, giving users around the world easier access to the fast-growing asset. Announced in a May 30 press release, the integration allows users across 173 countries to purchase the USD1 stablecoin using common fiat payment options such as Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and local bank transfers. USD1 was launched in March by WLFI and is managed by BitGo Trust Company, a custodian subject to U.S. regulations. The stablecoin has rapidly risen become the seventh-largest stablecoin by market capitalization, with a current…
Stability World AI is excited to announce its strategic collaboration with iFlux Global to advance trading in the Web3 ecosystem with artificial intelligence (AI) automation. Through this strategic alliance, the strong AI automation integrates into the dynamic trading infrastructure. In this way, the partnership aims to introduce a new era of creative financial innovation and intelligent trading. 📢 PARTNERSHIP ANNOUNCEMENT🤝 We’re proud to announce a strategic partnership between Stability World AI and @iFluxGlobal – a next-gen crypto financial platform transforming how traders manage capital, risk, and returns in Web3.Together, we’re redefining the future of… pic.twitter.com/3WwyHvs7Cm — Stability World AI (@StabilityW_AI)…
Bitcoin held above $110,000 on Tuesday, supported by sustained institutional buying and cautious investor positioning ahead of U.S. inflation data that could influence the Federal Reserve’s interest rate outlook for the remainder of this year. The crypto was last trading at $109,900, after reaching a session high of $110,237. It is up 4.2% over the past week and has remained within reach of its May 22 peak of $111,814, CoinGecko data shows. It comes as investors await May’s Consumer Price Index report, due at 8:30 a.m. ET on Wednesday. Economists expect the core CPI to rise 0.3% from April, with…
The largest altcoin, Ethereum (ETH), has still not surpassed its previous ATH, while Bitcoin (BTC) has broken records. At this point, while ETH has not met investors’ expectations, the optimistic atmosphere that has formed after the attack it has made in recent weeks continues. At this point, speaking to Coinbase, Bizantine Capital co-founder March Zheng said that he is optimistic about Ethereum. Because he argues that Ethereum could dominate the market as a first-layer blockchain thanks to its recent Pectra upgrade and consistently lower inflation rate than Bitcoin, which would push its price higher. Zheng also stated that Ethereum has…
Circle’s stock price soared on Thursday alongside the stablecoin issuer’s debut on the New York Stock Exchange, capturing Wall Street’s growing embrace of digital dollars, according to analysts. As a $250 billion industry, stablecoins may not be a large part of the financial system today, but Circle’s initial public offering shows that Wall Street investors are looking toward the years ahead, Gerry O’Shea, head of global market insights at asset manager Hashdex, told Decrypt. “It’s a recognition that this industry is going to be a very important part of the U.S. capital markets going forward,” he said. “I think we’re…
Storacha introduces decentralized hot storage for fast data access, supported by Proof of Data Possession technology. AI agents can now store and retrieve data without central servers, thanks to Storacha’s MCP Storage Server. In an increasingly fast-paced world, storing data but having to wait for it to be unsealed first is like storing a racing motorbike in a warehouse. Storacha understands that very well. Therefore, they are now building a decentralized hot storage layer on top of the Filecoin network. Not just a concept, this network can already be explored by contributors via CLI, technical documentation, and a Discord community…
U.S. Senator Cynthia Lummis has yet to address public concerns about whether her Bitcoin maximalist son-in-law, Will Cole, might influence her views on crypto policy. These concerns arose after Ripple CEO Brad Garlinghouse criticized Senator Lummis on X for canceling a meeting. According to Garlinghouse, the Senator has refused to reschedule the meeting. “As a leader in Congress and a Senator from a pro-crypto state, Wyoming, I hope you will reconsider and be a leader for ALL of crypto,” Garlinghouse remarked in the statement issued on May 19. Stakeholders Concerned About Lummis’ Ties to Bitcoin Maxi Son-in-Law Not surprisingly, this…
Payments firm Stripe held early discussions with banks about integrating stablecoins into their core service as digital tokens are gaining traction for global payments, co-founder and president John Collison said in an interview with Bloomberg. “Banks are very interested in how they should be integrated with stablecoins into their product offerings as well,” said Collison. “This is not something that banks are just kind of brushing away or treating as a fad.” His comments underscore the rising interest among traditional financial firms to explore stablecoins, one of the fastest-growing use cases of crypto. Stablecoins, which have become a $240 billion…
Blockchain-powered advertising firm Veraviews has launched the UAE’s first domestically developed advertising exchange and supply-side platform. Veraviews SSP Targets UAE Ad Transparency The Dubai-based blockchain company Veraviews introduced the Ad Exchange and SSP under the United Arab Emirates (UAE) Ministry of Economy’s NextgenFDI initiative. The platform connects advertisers directly with UAE publishers to sell digital ad space, including video formats, in real-time. The company told Bitcoin.com News that previously, UAE advertisers and publishers relied on global systems with limited control, transparency issues, and high invalid traffic rates. The Veraviews platform uses its proprietary AdTrace technology and Proof of Traffic system…