A week ago, CoinDesk informed readers of the renewed rotation of funds into dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins as bitcoin BTC$65,670.07 pulled back from the early May highs …
DeFi Market
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. received FCA registration as cryptoasset exchange providers, layered on top of the group’s existing Electronic Money …
- DeFi Market
SEC Charges Texas Man With $12.3M Crypto Fraud Using Fake AI Trading Bots
by adminby adminThe Securities and Exchange Commission has charged a Texas man with running a crypto fraud scheme that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate …
Base introduces Model Context Protocol integration enabling AI agents to execute swaps, trades, and portfolio management across leading DeFi protocols. Base announced the launch of Base MCP, a new gateway enabling AI agents to …
- DeFi Market
PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead
by adminby adminThe coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk. Inflation, growth, jobless claims and housing numbers all land before the open, giving markets insight on whether the …
US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years. The American Reserve Modernization …
- DeFi Market
Kalshi’s New Jersey Lawsuit Continues On Hold as State Prepares to Appeal Injunction to United States Supreme Court
by adminby adminBoth sides in Kalshi v. Flaherty have requested that the trial court extend a stay on the case until the US Supreme Court acts on New Jersey’s petition Kalshi and authorities in the state …
CA Governor Primary Markets Signal Becerra vs Hilton Matchup as Polls Catch Up
The California governor race is turning into what prediction markets have signaled for weeks. The markets have been calling a top two showdown between Democrat Xavier Becerra and Republican Steve Hilton for more than a …
Make CryptoSlate preferred on Bitcoin was created as a response to the kind of debt-financed monetary disorder now playing out across global bond markets. The original thesis was that when governments borrowed recklessly and …
Galaxy Receives BitLicense From New York State Department of Financial Services
Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state. Galaxy has received a BitLicense from the New York State …