Blockchain News

House Financial Services Committee Sets Digital Asset Innovation Hearing For Next Week

House Financial Services Committee Sets Digital Asset Innovation Hearing For Next Week

The United States House Committee on Financial Services is slated to host a hearing focused on digital asset innovation next Tuesday, according to the committee’s schedule listed on its website. Digital Assets On HFSC Docket Titled “American Innovation and the Future of Digital Assets: A Blueprint for the 21st Century,” the hearing is expected to […]

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Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes B Inflows

Coinbase Bitcoin Yield Fund Targets 4%-8% Yield, Eyes $1B Inflows

Key Takeaways: Coinbase’s new Bitcoin Yield Fund offers annual BTC returns for non-U.S. institutions, filling the yield gap for Bitcoin holders. The fund uses conservative basis trading strategies and third-party custody to minimize risk, targeting cautious institutional investors. This launch is part of the growing demand for compliant, low-risk Bitcoin yield products as institutional adoption

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Caitlin Long Slams Fed’s Secret Rule Giving Big Banks a Stablecoin Edge

Caitlin Long Slams Fed’s Secret Rule Giving Big Banks a Stablecoin Edge

Key Takeaways: Banks are still banned from holding crypto, stifling blockchain adoption. Senator Lummis links the US Fed to Operation Chokepoint 2.0 crackdown. Caitlin Long, CEO of Custodia Bank, accused the US Federal Reserve of pretending to support crypto while quietly favoring big banks. The banking executive said the Fed rescinded four restrictive policies but

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Coinbase CLO Urges to Rescind Prohibition on SEC Staff Holding Crypto

Coinbase CLO Urges to Rescind Prohibition on SEC Staff Holding Crypto

Paul Grewal, chief legal officer for Coinbase, has urged to rescind prohibition of SEC employees from holding or using cryptocurrencies. He called the prohibition “particularly egregious” as the vast majority of crypto activity does not involve securities. In a letter to the acting director of the US Office of Government Ethics (OGE), Grewal stressed that

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Bitget Pursues Legal Action Against Eight Accounts Over M VOXEL Trading Manipulation

Bitget Pursues Legal Action Against Eight Accounts Over $20M VOXEL Trading Manipulation

Crypto exchange Bitget has launched legal action against eight accounts it accuses of manipulating VOXEL token trading and profiting over $20m during a sudden market surge on April 20. The company’s head of Asia, Jiayin Xie, said on X that legal letters had been sent to the accounts, which it believes were operated by a

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Russian Governor Says Gas Solution May Solve Region’s Bitcoin Mining Woes

Russian Governor Says Gas Solution May Solve Region’s Bitcoin Mining Woes

A Russian provincial governor has claimed that associated gas produced at oil drilling sites could provide a solution to ongoing Bitcoin mining-related concerns. Earlier this month, the BTC mining hotspot of Irkutsk unveiled the nation’s first-ever year-round ban on crypto mining in the southern part of the oblast. This move came just months after Moscow

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