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US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops

US Lawmakers Call for Clear SEC Rules on Digital Asset AirdropsCongressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

20 Crypto Startups Raise $141.3 Million in Less Than 2 Weeks 

20 Crypto Startups Raise 1.3 Million in Less Than 2 Weeks In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different projects. $141.3 Million Floods Into 20 Crypto Startups and Projects Even with the crypto markets experiencing a […]

Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO

Blockchain thriving among Fortune 500 companies, but US lags — Coinbase

Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology.

The world’s largest companies are embracing blockchain projects with increasing enthusiasm, but the United States has some work to do if it wants to take advantage of the opportunities those projects represent. Those were among the conclusions reached by Coinbase in its fourth report on year-on-year corporate adoption.

The number of Fortune 100 companies with cryptocurrency, blockchain or Web3 initiatives rose 39% year-over-year in the first quarter of 2024 to reach a record high. Many of those projects are in an advanced stage of completion and have an average $9.5 million budget. Furthermore, 56% of Fortune 500 executives say their companies are working on blockchain projects, Coinbase found.

Real-world asset tokenization has been a driver of this adoption, with over $63 billion of Bitcoin (BTC) under management in spot exchange-traded funds and tokenized U.S. Treasury bills rising 1,000% in value to $1.29 billion since the beginning of 2023.

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Bitcoin not a ‘threat’ to the US dollar: Goldman Sachs CEO