The FinTech Hub
Source: Bitcoinist In a significant development for Bitcoin (BTC), the broader crypto market and the traditional banking industry, BNY Mellon has been identified as the first bank to receive an exemption from the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. Unchained first reported the announcement during a Wyoming Select Committee on Blockchain, Financial Technology,…
Source: Bitcoinist Both retail and institutional adoption and interest in Bitcoin continue to see notable growth following the recent price upswing over the past week, which has led to a huge rise in BTC’s dominance over other cryptocurrency assets in the market. Bitcoin’s Market Dominance Almost Over With Bitcoin persistently witnessing a significant price rally,…
Source: Coin Tegraph The Defend American Jobs political action committee has spent more than $40 million on media buys supporting businessman Bernie Moreno’s Senate run. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25615464/Adobe_Firefly_video_model_text_to_video_hed.png?w=600&resize=600,400&ssl=1 "Adobe previews its upcoming text-to-video generative AI tools")
Source: The Verge Adobe has teased some of its upcoming generative AI video tools, including a new feature that can produce video clips from still images. This latest preview builds on the in-development Firefly video model that the software giant demonstrated in April, which is set to power AI video and audio editing features across…
Source: Coin Tegraph China remains a major player in the Bitcoin mining industry despite imposing a blanket ban on cryptocurrencies in 2021 Read Full Article
Source: Coin Tegraph Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing with the SEC for a spot XRP ETF. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/23951341/STK040_VRG_Illo_N_Barclay_7_facebook.jpg?w=600&resize=600,400&ssl=1 "Facebook, Instagram, and Threads are down")
Source: The Verge A bunch of Meta apps are down right now. For many staffers at The Verge, Facebook, Instagram, and Threads aren’t loading right now and are showing error messages when you try to load them. Reports across Bluesky, X, and Reddit show that many people see the same thing. On Facebook, it simply…
Source: Venture Beat In a blow to Intel’s turnaround plans, CEO Pat Gelsinger has resigned from the big chip maker without a permanent successor in place. Read Full Article
Source: Coin Tegraph BTC price performance finally attempts to catch up with risk assets as a Bitcoin renaissance takes over. Read Full Article
Source: Coin Tegraph Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins. Read Full Article
