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Rep. Maxine Waters has put forth the suggestion that Ms. Kristin Johnson, who currently serves as a Commissioner of the US Commodity Futures Trading Commission (CFTC), be nominated for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. Waters highlighted Johnson’s expertise in financial regulation and her dedication to maintaining
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MicroStrategy recently made headlines during their annual MicroStrategy World conference with the unveiling of “MicroStrategy Orange” – a decentralized identity solution built on Bitcoin. This platform aims to combat online spam by providing an enterprise-grade platform for implementing Decentralized Digital Identifiers (DIDs) across organizations. One of the core services offered is “Orange for Outlook,” which
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In a recent Town Hall meeting at Otherside, it was revealed that Yuga Labs has formed a strategic partnership with Improbable, a renowned technology company specializing in virtual world infrastructure. This partnership will result in Otherside being migrated to Improbable’s MSquared network, sparking considerable enthusiasm within the community. As a metaverse, Otherside offers a shared
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The recent market-wide crash in the cryptocurrency space has caused Bitcoin’s price to trend below $60,000, triggering a 20% decline. This significant drop has exposed multiple critical support levels for Bitcoin, raising concerns about the future direction of the cryptocurrency. Crypto analyst Norok has emphasized the importance of the $51,800 support level for Bitcoin in
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Recently, Fintech giant Block, which oversees Square and Cash App, has come under the radar of federal prosecutors from the Southern District of New York. Allegations of significant compliance failures have surfaced, following disclosures by a former employee regarding lapses in the company’s transaction monitoring systems. The alleged mishaps involve Square processing transactions with entities
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Dogecoin (DOGE) has experienced a 15% weekly price decline, signaling a challenging period for the meme coin sector. However, despite this setback, there are indications that Dogecoin might be on the path to recovery. One promising sign is the increase in non-empty DOGE wallets, which have surpassed the 54 million mark. This surge in wallet
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Bitcoin has recently broken below the $60,000 support level for the first time in two months, signaling a potential shift in market sentiment. The euphoria that surrounded Bitcoin for the past 6.5 months seems to be fading, according to a new report from Glassnode. This shift is evident in the increasing distribution of BTC into
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