U.S. Treasury officials will explain to House members their concerns about cryptocurrencies being involved in illicit finance and ask for more authority to go after bad actors, according to testimony prepared ahead of a congressional hearing on Wednesday.“Treasury is deeply concerned about the use of virtual assets for any illicit financial activity,” said Brian Nelson, Treasury Undersecretary for Terrorism and Financial Intelligence. note Ahead of a House Financial Services Committee hearing focused on terrorism and illicit finance. Lawmakers in Washington are increasingly turning their attention to the illicit financing of cryptocurrencies. Senator Elizabeth Warren of Massachusetts has been pushing for…
Author: Crypto Flexs
Read More
Digital asset manager CoinShares said institutions have poured $1.1 billion into cryptocurrency investment products, a month after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF). Yes. In its latest Digital Asset Fund Flows report, CoinShares found that there were over $1 billion in inflows into cryptocurrency investment products last week, with no signs of slowing down. “Digital asset investment products saw massive inflows totaling $1.1 billion, with annual inflows reaching $2.7 billion. Combined with recent price gains, total assets under management (AuM) stands at $59 billion, the highest level since early 2022.” Source: CoinShares…
In a strategic move to strengthen its regulatory credentials, Ripple announced plans to acquire Standard Custody & Trust Company. The acquisition, pending regulatory approval, strengthens Ripple’s portfolio of digital asset solutions and regulatory licensing, marking a significant step in the company’s expansion. Ripple plans to secure standard custody and trust(…)
American University of Sharjah and Sui launch Blockchain Academy to nurture next generation web3 builders – Chainwire housenewsroomAmerican University of Sharjah and Sui launch Blockchain Academy to train next generation web3 builders We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical…
Cryptocurrency has been a hot topic in the financial world for several years. With the emergence of Bitcoin and other popular cryptocurrencies, more and more people are becoming interested in the potential of digital currencies. However, as the market becomes more saturated with different coins and tokens, it can be difficult to discern which ones are truly valuable and have the potential for long-term growth. Meet MaryJane Coin, the newest and most promising cryptocurrency to hit the market. With a unique concept and strong community support, MaryJane Coin is poised to revolutionize the way we think about digital currencies. In…
ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a dispute over the eth.link domain name with the Decentralized Autonomous Organization (DAO) that manages the platform.The proposed settlement includes confidentiality and non-disparagement provisions, according to the Feb. 13 motion.The legal dispute began in August 2022 after a domain critical for Ethereum network users to access the ENS name via web browsers was unexpectedly sold and subsequently auctioned.disputeThe heart of the dispute dates back to the unexpected transfer and auction of the eth.link domain, an essential resource for the Ethereum community to access Ethereum Name Service (ENS)…
minute network, a pioneering blockchain-based wholesale voice termination provider, is ready to increase the profitability of telecom operators. They are all poised to revolutionize the voice termination economy using their proprietary Mintech and blockchain technologies. Developed by Minutes Network, Mintech optimizes least-cost routing, improves supply chain coordination, and enables near real-time settlement between operators. Blockchain technology ensures transparency, security and efficiency of the voice termination process. Tier 1 carriers can leverage Minute Network to meet termination requirements and reinvigorate core voice call profitability. While over-the-top (OTT) messaging and voice-over-IP (VoIP) services are gaining popularity, the traditional paid voice calling industry…
apartment appropriate -0.97% Labs has introduced a new way for users to sign transactions on layer 1 blockchain networks: secret keys without the need to set a password.“We changed the blockchain and created a new cryptographic key authenticator at Aptos that takes a transaction, cryptographic key signature, cryptographic key public key, and verifies the transaction with that information,” said Avery Ching, co-founder and CTO of Aptos. Labs told The Block. “This allows users to effectively sign transactions with their own cryptographic keys.”Currently, when a user creates an account on a cryptocurrency wallet, a long code or private key is generated…
Solana gained momentum from its Ethereum-based activities, but its revenue fell 35.6%. Positive price action contrasts with skepticism as Solana navigates its difficulties. Solana (SOL) has seen a significant surge in network interest over the past few months. However, the network has recently experienced some issues due to temporary downtime. surge of interest However, interest in ETH has recently led to a surge in activity on the Solana network. Recent data shows that Solana’s ETH is experiencing a more pronounced surge compared to ETH on the Ethereum network. This signals growing demand and adoption of Solana as the preferred platform…
February 13, 2024 | kraken gifts Welcome to a new chapter of competitive trading at Kraken Pro! We are excited to launch Futures Leaderboards, a new community feature that ranks the most experienced futures traders. The leaderboard is proof of your strategy, skills and trading success. Whether your interests are long or short, everyone can climb the leaderboard by executing and optimizing a winning strategy. Prove your Futures Leaderboard rankings on social media with shareable performance cards and let others know how you’re succeeding in the market. Leaderboard rankings are determined based on profit percentage (PnL%) over a 7-day rolling…