The Federal Reserve has decided to retract its guidance that discouraged banks from participating in cryptocurrency and stablecoin activities. According to the announcement, any activities related to crypto will now be overseen through the Federal Reserve's standard supervisory procedures.

According to reports, the U.S. Securities and Exchange Commission (SEC) has submitted a joint statement to the federal court in Seattle, indicating the withdrawal of its lawsuit against the blockchain firm Dragonchain and its founder, Joseph Roets. The SEC explained that this move is attributed to the advancements made by its special task force focused…

A 40-year-old woman who divides her time between North Carolina and the US Virgin Islands asserts that ChatGPT played a crucial role in identifying her concealed cancer after physicians wrongly diagnosed her symptoms as rheumatoid arthritis and acid reflux. Lauren Bannon consulted the AI chatbot when medical professionals disregarded her quick weight loss and intense…

The US Securities and Exchange Commission (SEC)  has announced that it will not seek to refile its securities. This refiling was for a fraud case against Hex founder Richard Schueler, who is also known as Richard Heart. In an April 21 letter addressed to New York District Court Judge Carol Bagley Amon, the regulator’s attorney,…

As reported by BlockBeats, information from IntoTheBlock shows that Ethereum's market capitalization has increased by 12% over the last 24 hours, demonstrating strong performance. On-chain metrics suggest that the current resistance is fairly minimal, with notable selling pressure focused near the $1,860 price point. Should Ethereum manage to surpass this resistance level, the chances of…

Over ab$600 million worth of cryptocurrencies were liquidated following Bitcoin's rise over $93,000, coinciding with easing tensions regarding the trade war. For the first time in seven weeks, Bitcoin has exceeded the $93,000 mark, leading to a change in sentiment that caused liquidations totalling more than $600 million in the crypto market. The total market…

Paul Atkins, nominated by President Trump, has been officially inaugurated as the 34th chairman of the US Securities and Exchange Commission (SEC) . The announcement made on April 21 follows Atkins' confirmation by the US Senate, which took place on April 9 with a vote tally of 52-44.