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PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California.
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments.
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance.
Big Four accounting firm Deloitte said the partnership could help authorities identify and take down bad actors hiding “behind the keyboard.”
KuCoin has shut down rumors that it would be laying off 30% of its workforce but admitted there may be some “personnel adjustments” in the future.
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.
The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.
The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).
The managing partner of the $1.6 billion investment firm says infrastructure is the key to transforming crypto into a $10 trillion industry.
- 02:04The value of Trump's property holdings has dropped to about 6.1 million dollarsPANews reported on August 4th, according to Arkham data, the value of crypto assets held by Trump's address has dropped to around 6 million USD, currently quoted at 6,087,225.83 USD. The main holdings include: approximately 579.29 thousand TRUMP (about 2.51 million USD), about 492.079 ETH (approximately 1.43 million USD), about 377.428 WETH (approximately $1.09 million), and approximately 2103 billion TROG (around $450 thousand).
- 02:02The United States Bitcoin Strategic Reserve Act has been formally introduced in CongressChainCatcher has learned that the U.S. Strategic Bitcoin Reserve Act, introduced by Senator Lummis-Cynthia, has now been formally introduced in Congress and referred to the Senate Banking Committee, according to information on the official website. The bill aims to “establish the Strategic Bitcoin Reserve and other programs to ensure the transparent management of the federal government's bitcoin holdings, to utilize certain resources of the Federal Reserve System to offset costs, and for other purposes.” The bill will then go through the Senate, the House of Representatives, and the President to decide whether or not to pass until it becomes law.
- 01:23Trump insists on debating with Harris on September 4th, otherwise he will not debateAccording to a report by PANews on August 4, Trump hopes to debate with Harris on Fox News on September 4. In response, Harris's campaign spokesperson said that Harris hopes to stick to the plan of debating on ABC on September 10. To this, Trump stated that he would either debate with Harris on September 4 or not at all. Earlier news reported that after finishing a two-day visit to Indiana and Texas, Vice President Harris returned to Washington and told reporters she was ready for the debate with Trump scheduled for September 10. She said: "I agree with the previously agreed upon date of September 10 for the debate. Trump had also agreed before but now it seems like he wants to back out. Voters should see the differences in this election through debates." Previously, Trump told reporters that he would "absolutely" have at least one debate with Harris before Election Day but added that as far as debating with Harris is concerned, he has not "agreed to anything". Both Trump and Biden agreed to hold two debates - one on June 27 and another one planned for September 10. Currently, enough delegates support Harris making her likely Democratic candidate nominee. The Democratic National Convention will be held in Chicago from August 19-22.
