Adam Back Rejects Claims of Being Satoshi Nakamoto After NYT Investigation
In a recent rebuttal on Wednesday, Bitcoin veteran Adam Back dismissed allegations that he is the enigmatic creator of Bitcoin, following a New York Times exposé that identified him as…
U.S. Treasury Aims to Set New Standards for Stablecoin Firms in Crime Prevention
Stablecoin issuers in the U.S. will soon face a broad range of new responsibilities aimed at preventing criminal activities and ensuring compliance with regulatory bodies, according to forthcoming regulations from…
Bitcoin Surpasses $70,000 on Iran Ceasefire News, but Cautious Rally Persists for Valid Reasons
Bitcoin (BTC) has climbed above the $70,000 mark following news of an Iran ceasefire; however, the current rally appears cautious. Several factors contribute to this cautious optimism. A reliable indicator…
Standard Chartered Eyes Full Acquisition of Crypto Custody Firm Zodia: Bloomberg Report
According to sources speaking with Bloomberg on Wednesday, Standard Chartered PLC is reportedly in talks to fully acquire Zodia Custody Ltd., with plans to integrate its crypto custody services into…
Iran Contemplates Bitcoin for Safe Passage Payments through Strait of Hormuz – Financial Times
According to reports from the Financial Times, Iran aims to impose a Bitcoin-denominated fee on oil tankers navigating the Strait of Hormuz. This move suggests an innovative application of cryptocurrency…
MOODENG Meme Token Gains After Man Fined for Zoo Intrusion on Viral Pygmy Hippo Moo Deng
The MOODENG meme coin, inspired by the viral pygmy hippo Moo Deng, has seen a 6.5% rise over the past day following news of a man fined $300 for illegally…
SEC Admits Prior Crypto Enforcement Created ‘Misguided Expectations’ as Actions Decrease by 22%
In an annual report that seems to formally distance itself from past approaches, the SEC has acknowledged that its previous crypto enforcement efforts under prior leadership established ‘misguided expectations.’ The…
Pharos Network Achieves $1 Billion Valuation with $44M Series A Funding Ahead of Mainnet Launch
In a significant development, Pharos Network, which focuses on layer 1 blockchain for tokenizing real-world assets, announced it has secured $44 million in a Series A funding round. This round…
Adam Back Dismisses Claims of Being Satoshi Nakamoto Following New York Times Story
British cryptographer Adam Back has refuted allegations suggesting he is the anonymous creator of Bitcoin, Satoshi Nakamoto, in response to a New York Times article that posited him as a…
White House Report Challenges Banks’ Concerns Over Stablecoin Yields
A report from the White House released this Wednesday counters banking industry claims regarding stablecoin yields undermining deposits and credit to small businesses and households. The study, conducted by the…