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In brief
Fervent Bitcoin enthusiasts have traveled to El Salvador to meet with officials and learn about the project.
Peter McCormack interviewed the President.
The bill is controversial.
In less than 80 days, El Salvador will become the first country to declare Bitcoin as legal tender.
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In brief
Bitcoin has been on a steady decline since last month.
So has Ethereum.
But experts are unsure of whether or not we are moving into a bear market.
Bitcoin, trading right now at around $32,000, is down 9.4% in the past 24 hours and 20% in the past week, according to Nomic.
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Damon Dash, known as the co-founder of the Roc-A-Fella record label along with Jay-Z and Kareem Burke is being sued for selling the copyright to JAY-Z’s 1996 LP, Reasonable Doubt.
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One of the few high-profile public officials to have served under both the Obama and Trump administrations, Chris Giancarlo is a former Wall Street executive-turn-regulator who is widely-respected by nearly all parties on Capitol Hill.
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In brief
The OSC says it reached out to Bybit in March but heard nothing.
A hearing is scheduled for July 15.
The Bank of Israel has reportedly already issued a central bank digital currency through a pilot test of a digital shekel.
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Developers of Polywhale Finance, a leading yield farm on the Polygon network, have abandoned the project in what appears to be an elaborate exit scam worth over $1 million, cryptocurrency news outlet Crypto Briefing reported Monday.
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The growth of stablecoin’s market cap and circulating supply has been one of the best indicators for attaining a general pulse on how participants in the market are feeling during bullish and bearish times.
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In brief
U.S. regulators have penalized crypto companies to the tune of $2.5 billion since 2009, the year Bitcoin was invested.
Most of that total comes from lawsuits filed by the U.S. Securities and Exchange Commission against ICOs.
The cryptocurrency industry has been hit with $2.
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Is DeFi season back? Stablecoin ‘yield’ deposits nearly doubled last month even as Bitcoin crashed
Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.
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