The post Senators Warren and Cassidy Call for DOJ and DHS Action Against Cryptocurrency-Fueled CSAM Trade appeared first on Coinpedia Fintech News U.S. Senator Elizabeth Warren, alongside Senator Bill Cassidy, made an urgent appeal to the U.S. Department of Justice (DOJ) and Department of Homeland Security in a letter that called for enhanced tools to combat the use of cryptocurrency in the illegal trade of child sexual abuse materials (CSAM). Their joint letter dated April 25, 2024, …
Solflare has successfully onboarded over 500,000 MetaMask users to Solana through its strategic integration of MetaMask Solana Snaps. The integration, announced in late 2023, enables the users to directly manage Solana assets via MetaMask directly, thus eliminating the separation between Solana and other blockchain networks. The move has been critical in increasing Solana adoption rates, The post Solflare Campaign Attracts 500K MetaMask Users to Solana appeared first on CoinGape .
A bill on mining cryptocurrencies is being currently held in the Russian state of Duma. According to the local media, deputy chairman of the State Duma Committee on Information Policy, Anton Gorelkin stated that the measure about mining cryptocurrency is being presented to the body on Friday. The bill comes at a time when globally The post Russian State Duma Contemplates Bill on Mining Cryptocurrencies appeared first on CoinGape .
The global macros continue to show worrying signs as the Japanese Yen has collapsed to a 34-year low against the USD. Moreover, the weakness in Yen is fueled by a strong USD. The stubborn U.S. inflation has forced the Fed to keep holding interest rates higher for a longer period than expected. As the Japanese The post Michael Saylor Says Bitcoin Is Hope for Japan As Yen Collapses to 34-Year Low appeared first on CoinGape .
Former Federal Reserve Board special adviser Andy Levin has called out Donald Trump and his advisers for their alleged plans of remodeling the Federal Reserve. Notably, the plan—which is contained in a classified 10-page document—proposes Trump having unprecedented control over the actions of the central bank, possibly even to the point of firing Fed Chair The post Former Federal Reserve Adviser Calls Out Trump Allies’ Fed Remodeling Plans appeared first on CoinGape .
The collapse of Republic First Bancorp has led to the bank’s seizure by regulatory authorities. According to news reports, the Federal Deposit Insurance Corp. announced that US regulators had seized Republic First Bancorp and agreed to sell it to Fulton Bank. The failure of the banks highlights problems faced by smaller banks in the US. The post Philadelphia-based bank Republic First Seized by US Regulators; What’s Next? appeared first on CoinGape .
OpenAI Startup Fund, which is related but operationally a distinct offshoot of the popular Artificial Intelligence (AI) company OpenAI, has secured $15 million in a funding round. OpenAI Startup Fund Taps Funding Through SPV The filing with the United States Securities and Exchange Commission (SEC) confirmed that the funds were raised in new cash on The post OpenAI Backed Startup Fund Pulls $15M In New Funding appeared first on CoinGape .
As promised, Custodia Bank has filed a notice of intent to appeal against a ruling from the court that affirmed the Federal Reserve’s rejection of its application for a master account. US Federal Reserve Bags First Win The Wyoming-based crypto bank made this Appeals move after stating that many financial institutions were discriminating against crypto The post Custodia Bank Files Appeal In Fight Against US Federal Reserve appeared first on CoinGape .
The Shredderz, a web3 rock and heavy metal band continues to make waves along industry spaces with a new non-fungible token (NFT) collection. The platform recently rolled out an NFT collection dubbed Shredz which includes 6,666 hand-drawn characters each linked to a Shredderz song. The web3 band seeks to scale up music collectible interaction offering The post The Shredderz: Web3 Rock and Heavy Metal Band Launches NFTs appeared first on CoinGape .
Yuga Labs, the creator of the Bored Ape Yacht Club NFTs, has declared a company restructuring. This announcement was released by Greg Solano, the co-founder of the firm and the newly returned CEO, through a string of posts that he shared both on Twitter and on the company Slack. The objective, as Solano points out, The post Yuga Labs Announces Restructuring, Plans to Lay Off Staff appeared first on CoinGape .