Crypto News
Could Bitcoin’s Recent Surge Frighten the Fed?
Bitcoin's bullish moves, along with soaring tech stocks, could discourage the Federal Reserve from cutting interest rates, a JPMorgan strategist says.Source link
Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and customer trust, paving the way for broader Web3 industry collaborations with heavily-regulated companies worldwide. TransakSource link
Gaming Tokens Rebound as Bitcoin, Ethereum Continue to Rally
Immutable (IMX), Ronin (RON), Xai (XAI), and other gaming tokens are bouncing back alongside Bitcoin and Ethereum.Source link
Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional...
Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Direct Fed Accounts in CBDC Plans, Seeks Congressional Go-Ahead In his conversation with the Senate Banking Committee, Fed Chair Jerome Powell explored theSource link
Palantir Wins $175 Million Army Contract to Build AI Targeting System
The next-generation mobile ground station will tap artificial intelligence to sense beyond line of sight.Source link