U.S. Marshals Service Partners with Coinbase; What To Gain?
Coinbase Prime seals a pivotal contract with the U.S. Marshals Service to manage large-scale digital assets amid legal challenges. The U.S. Marshals Service (USMS) has awarded Coinbase Prime a $32.5 million contract. Coinbase Prime is required to administer and custody large-cap digital assets as part of the partnership. This collaboration significantly advances applying blockchain technology […]
Support for USDC in the EU is Confirmed by Binance CEO
Richard Teng Binance CEO has confirmed the continued backing for USDC in the European Union after the MiCA license. In the European Economic Area (EEA), Binance has confirmed its ongoing support for the USD Coin (USDC), a stablecoin anchored to the United States Dollar. USDC Post EMI License Supported by Binance In an earlier X […]
U.S. Election Voting: Call for Crypto Focus By Cardano Founder
Cardano Founder Charles Hoskinson encourages the crypto community to vote strategically, criticizing Biden’s policies. Charles Hoskinson, Cardano founder (ADA) and a prominent character in the blockchain industry, has expressed apprehensions regarding the current U.S. administration’s stance on cryptocurrency. He contends that the forthcoming elections offer the cryptocurrency community a critical opportunity to leverage their ballots […]
Crypto Hacks Decrease by 54.2% in June 2024
There was a 54.2% decrease in net losses from cryptocurrency breaches and exploits in June compared to May, which saw nearly $385 million in losses from crypto hacks. In June, the crypto space experienced approximately 20 malware incidents, resulting in a net loss of nearly $176 million, per data from the crypto analytics firm PeckShield. […]
Robinhood Acquires Pluto for AI-Driven Investment Advice
Robinhood announced the acquisition of Pluto, an AI-driven investment platform. The move aids crypto exchange users’ financial decisions. Robinhood, a prominent force in the cryptocurrency sector, has disclosed its acquisition of Pluto. It is a cutting-edge AI-powered investment copilot. Additionally, the objective of this initiative is to improve the exchange’s offerings by incorporating sophisticated AI […]