Crypto news

[unable to retrieve full-text content]CoinspeakerMarketAcross Forms Alliance with Chainlink Labs to Empower Blockchain Startups The partnership between MarketAcross and Chainlink Labs highlights a common goal of equipping blockchain companies with the resources and assistance they need to succeed in a competitive market. MarketAcross Forms Alliance with Chainlink Labs to Empower Blockchain Startups

John Chen, an executive working with the Los Angeles Department of Water and Power (DWP), has been placed on administrative leave after he took part in crypto mining companies that allegedly go against the values and ethics of his agency. John Chen in Hot Water Chen reportedly earns more than $300K a year through his job with the DWP. He has served, for the past few years, as the department’s director, though having been part of a crypto mining company in Colorado...

[unable to retrieve full-text content]CoinspeakerUS Stocks Rally as Inflation Numbers Come in Below Expectations The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.  US Stocks Rally as Inflation Numbers Come in Below Expectations

Egypt is yet another country that currently copes with severe financial difficulties and galloping inflation, which have harmed the local currency. As such, the price of bitcoin against EGP has surged notably lately, exceeding 1,200,000 EGP on Binance, which is a record high. It is worth mentioning that the valuation is not that high on other cryptocurrency exchanges, such as Coinbase. The Outcome of the Monetary Disruption Despite Egypt’s GDP gradually growing in the past...

Coinbase’s shares spiked to almost $90 following the news that exchange operator Cboe Global Markets filed amended applications of three spot BTC exchange-traded funds, adding surveillance-sharing agreements with Coinbase. The US Securities and Exchange Commission has yet to decide on the launch of such a product. It remains unknown whether the lawsuit filed against Coinbase by the watchdog will affect its final ruling. Rising to Almost One-Year High Cboe Global Markets – an...

Tools for Humanity – a company that has introduced a new digital token known as World Coin – has recently garnered as much as $115 million in a new series C funding round led by Blockchain Capital. The company has announced that the funds will go towards growing the breadth of World Coin, as well as developing alternatives to CAPTCHA tests. Tools for Humanity Garners a Lot of Cash World Coin aims to be one of the few fully democratic digital tokens out there in...

[unable to retrieve full-text content]CoinspeakerBernstein Report: MicroStrategy Could Sell Its Bitcoin Holdings if Price Drops Drastically If the price of Bitcoin rises, MicroStrategy will benefit in various ways. Conversely, if the price of Bitcoin falls drastically or even crashes, MicroStrategy may face challenges in recovering from the debt. Bernstein Report: MicroStrategy Could Sell Its Bitcoin Holdings if Price Drops Drastically

The “Tuttle Twins” – a conservative children’s cartoon series – recently featured an entire episode that discusses bitcoin and the notions of digital currency. “Tuttle Twins” Brings BTC to Children Normally, the “Tuttle Twins” is all about trying to teach children to think for themselves and develop critical skills that will help them in the modern world. Thus, it makes perfect sense that bitcoin would be a major topic of the show. As we edge deeper into a digital...

[unable to retrieve full-text content]CoinspeakerGoogle Facing Lawsuit Over Misusing Personal Data to Train Its AI Models As per the lawsuit, the damages brought by Google are equal to over $5 billion. Google Facing Lawsuit Over Misusing Personal Data to Train Its AI Models

[unable to retrieve full-text content]CoinspeakerSouth Korea Floats New Crypto Rules to Promote Transparency According to the FSC, the main aim of the proposed new rules is to encourage firms to have accounting transparency. South Korea Floats New Crypto Rules to Promote Transparency