While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto. Source link
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Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve. Source link
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OpenAI experienced a security breach in 2023 but did not disclose the incident outside the company, the New York Times reported on July 4. OpenAI executives allegedly disclosed the incident internally during an April 2023 meeting but did not reveal it publicly because the attacker did not access information about…
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Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans. Source link
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Multicoin Capital will match Solana (SOL) donations to the Sentinel Action Fund, a political action committee (PAC) supporting pro-crypto Republican senators, for up to $1 million over 10 days. On July 5, Multicoin Capital Managing Partner Kyle Samani said the firm’s involvement will “double the impact” of donor contributions. Samani…
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Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it. Source link
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The UK High Court has granted Peter McCormack a Worldwide Freezing Order (WFO) against Craig Wright. This decision, handed down by Mr. Justice Mellor, follows a series of legal battles between the two parties, primarily revolving around Wright’s defamation claim against McCormack. The WFO granted to McCormack is intended to…
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CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000. Source link
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Former President Donald Trump’s potential return to the White House is expected to trigger a significant surge in Bitcoin’s value, the Financial Times reported July 5, citing various analysts. According to the FT, the concept of a “Trump trade” is increasingly gaining traction among crypto traders due to the former…
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Bit Digital and Iris Energy reported June Bitcoin (BTC) mining results on July 5, posting one-year hash rate increases alongside reduced BTC output since April. Bit Digital reported a hash rate of 2.57 exahashes per second (EH/s) as of June 30, up from 2.54 EH/s in May and 1.78 EH/s…