Posted inCrypto
Thai SEC opens consultation period for token issuance rules
The consultation period comes as Thailand seeks to clarify regulations for the crypto industry.
Posted inCrypto
Bitcoin’s $96B open interest shows role leverage plays in rallies, but there is a risk
Bitcoin’s $96 billion in derivatives open interest fuels BTC price momentum near all-time highs, but rising leverage use raises the risk of liquidations and market volatility.
Posted inBusiness
Traditional TV crumbles as streaming finally claims the viewing throne
Streaming has outperformed both cable and broadcasting combined for the first time ever, according to new results released by Nielsen for the month of May. Streaming outpaced the total viewership…
Posted inCrypto
Norway’s government explores crypto mining ban amid energy supply concerns
A temporary ban could be imposed as early as autumn based on an investigation into crypto miners’ energy consumption.
Posted inBusiness
USAF general talks ‘remarkable’ aircraft needed if 30,000 lb bomb were to be dropped on Iran nuke site
The U.S. would need a special bomber aircraft with "remarkable" capabilities if it were to go ahead with any decision to try to take out Iran’s extremely deep subterranean Fordow…
Posted inCrypto
Crypto Biz: AI money rush could reshape digital asset industry
Cointelegraph moderated an AI funding panel at the Web Summit conference in Vancouver, Canada.
Posted inBusiness
Fed governor breaks ranks with Powell, signals rate cuts could begin next month
The Federal Reserve has held off on cutting interest rates in 2025 to date, although one member of the board of governors is signaling that could change as early as next…
Posted inCrypto
US crypto ETF approval odds surge to ‘90% or higher’ — Bloomberg analysts
The SEC likely views cryptocurrencies Litecoin, Solana, XRP, Dogecoin, Cardano and others as “commodities.”
Posted inBusiness
Owner of Olive Garden, Longhorn Steakhouse brands looks to offload Caribbean restaurant chain
Darden Restaurants is mulling the future of its Bahama Breeze chain. CEO Rick Cardenas told analysts and investors on Friday that the company "will be considering strategic alternatives" for Bahamas…
Posted inCrypto
Crypto user attacked in France over Ledger hardware wallet — Report
The latest reported “wrench attack,” in which criminals targeted individuals for their crypto holdings, occurred in the suburbs of Paris this week.