Cryptocurrency proponent and Republican Senator Cynthia Lummis has accused the Securities Exchange Commission under former Chairperson Gary Gensler of undermining lawmakers' efforts to regulate cryptocurrencies. Lummis filed a 29-page amicus brief with the U.S. Court of Appeals for the Second Circuit in connection with the Securities Exchange Commission's (SEC) case against Coinbase, in which the SEC alleged that the exchange was not legally registered.
According to Zoomer, the U.S. Department of Government Efficiency has reached out to a number of public blockchain projects to conduct a technical evaluation of these companies, including the use of blockchain to track federal spending, secure data, make payments, and even manage buildings.
The HKMA and the People's Bank of China have announced the expansion of the scope of digital RMB in Hong Kong, allowing Hong Kong residents to open personal digital RMB wallets (digital wallets) on their mobile phones. It is expected to launch related services around the middle of this year.
According to Bitcoin Magazine, Semler Scientific, a publicly traded company in the United States, announced that it will increase its financing size to $85 million for the purchase of bitcoin.
On January 23rd, the report of public funds for the fourth quarter of 2024 has been fully disclosed. According to the latest data from Tianxiang Investment Gu, as of the end of the fourth quarter of 2024, the top ten heavy stocks of 5,179 actively investing in partial stock funds (including closed-end funds, open-end stock funds, and mixed funds) included in the statistics are Ningde Times, Tencent Holdings, Midea Group, Guizhou Moutai, Lixun Precision, Wuliangye, Cambrian, Zijin Mining, Hengrui...
On January 23rd, according to CryptoQuant data, the total spot trading volume of TRUMP has reached $38 billion since its launch, of which Binance dominates in spot trading volume, reaching $16 billion. The TRUMP token closed at $62 on January 19, 2025, up 82% from the first day of trading on January 17. Its current price is around $39.
Robert F. Kennedy Jr., Trump's appointee to the U.S. Department of Health and Human Services, holds assets worth between $6.90 million and $29.50 million, according to forms published Wednesday by the U.S. Office of Government Ethics. Under his ethics agreement, he holds at least $1 million in bitcoin, his most valuable asset, which he does not plan to sell. Trump has promised to provide a more friendly regulatory environments for cryptocurrencies than the administration of former President Joe ...
Abstract, the L2 public chain of Pudgy Penguins' parent company, announced that it will integrate Circle's Bridged USDC standard on the mainnet on the first day. The standard enhances contract composability, enhances user asset security, and addresses the fragmentation of USDC liquidity in the Abstract ecosystem.
Zach's public address investigations.sol has transferred 16,348 SOLs of LP profits to Wintermute for about $3.89 million.
Republican Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week that seeks to overturn a controversial tax rule that requires certain decentralized financial brokers to file total earnings reports. A month ago, the US Internal Revenue Service created a rule that would require "DeFi brokers" to collect user transaction information in the same way as traditional securities brokers. Some "decentralized financial industry players" will have to report to...
On January 17, the Central Political and Legal Committee Chang An Jian issued a document on the WeChat official account, saying that the 2025 Central Political and Legal Work Conference pointed out that the Ministry of Justice should take the initiative to study and propose legislative proposals, and study new issues such as unmanned driving, low-altitude economy, artificial intelligence, virtual currency, and data ownership. It is reported that Chang'an Jian of the Central Political and Legal C...
On January 17th, Abstract Chain, a L2 public chain owned by Pudgy Penguins' parent company, announced the launch of a points incentive system, employing a multi-level reward mechanism. Users can earn XP points by using the Abstract app and Abstract Global Wallet, and the system updates the rewards for last week's on-chain activities every Monday. The platform has designed three types of achievement badges: Lightning Badge, Weekly Badge and Secret Badge, and provides regular rewards for content c...
The public chain Zilliqa said on the X platform that the network recovery has now been completed, the Zilliqa main network has been restored to full functionality, and transactions can now be resumed on the network. Previously, Zilliqa said that it noticed that the Look-up node was out of sync, which caused the transaction to be unsuccessfully uploaded to the blockchain for processing. The Zilliqa network will be restored to resolve this issue, please note that the network will not be able to pr...
Yuga Labs co-founder Greg Solano has publicly denied rumors that the company plans to sell the rights to the CryptoPunks series. The speculation was first raised by NFT researcher Wale Moca and has sparked widespread discussion and controversy within the Web3 community.
South Korean police entered the presidential residence, and police and public relations officers crossed the first barrier line inside the presidential residence. The barbed wire fence installed in the presidential residence is being removed. South Korean police and senior government officials sent more than 1,000 people to the presidential residence in Yongsan District, Seoul, in the early morning of January 15, to execute the second arrest warrant for Yoon Seok-yeok. Yoon Seok-yeok's lawyer gr...