Crypto firms vulnerability to CrowdStrike blackout: Analyst insights

Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are.

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Consumers find more use cases onchain, devs face challenges: Solana Foundation

Decentralized finance is becoming more things to more people. Thats not easy to do.

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Philosopher Yuval Noah Harari warns of AIs risks in finance

The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.

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Crypto exchanges to meet Nigerian SEC chief for regulatory talks

The meeting is expected to ignite positive changes that benefit all crypto stakeholders in Nigeria and internationally.

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Post-FTX crypto industry needs education before regulation Former Biden adviser

What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation], the senior adviser told Cointelegraph.

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Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes

The cryptocurrency firm and bitcoin investment app, Coinbits, has announced the suspension of its services due to complications involving the Nevada-based custodian, Prime Trust. Following accusations of insolvency and breaches of fiduciary responsibilities, Nevada’s financial regulators mandated the closure of Prime Trust. Despite these challenges, Coinbits maintains confidence that the custodian “still has enough bitcoin [...]

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Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product. Coinbase Rolls Out 4% Stablecoin Rewards for Global Customers, Except Hawaii Residents Coinbase is now [...]

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Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation

In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwavering commitment to the dominant cryptocurrency, affirming that he maintains “a small diversification” in his investment portfolio and always will. Paul Tudor Jones on Bitcoin: ‘I’m Sticking With [...]

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