More Chinese firms are using the digital yuan, the nation’s central bank digital currency (CBDC), to access funding for “green” business projects.Per Nanfang Daily News (via SouthCN), an electronics firm in Guangdong Province, Southeast China, became the first company in the province to access a digital yuan-powered “green finance” loan…

Former chairman of the US Securities and Exchange Commission (SEC) Jay Clayton just called for the approval of a spot Bitcoin Exchange Traded Fund (ETF) in an appearance on CNBC TV.Initially, he conceded that, back when he was chair of the SEC, he had been skeptical of the Bitcoin trading…

Bitcoin’s recent price surge of 1.5% has ignited discussions about the cryptocurrency’s future trajectory. The changing crypto landscape and retail access to Bitcoin were key points of discussion in a recent interview with former SEC Chair Jay Clayton.With the live Bitcoin price at $29,468 and a substantial 24-hour trading volume of…

A consortium of legal experts from top U.S. law schools are backing Coinbase in its lawsuit with the Securities and Exchange Commission (SEC), arguing that the latter has the wrong interpretation of what constitutes an “investment contract.”In an amicus brief filed on Friday, six professors – from Fordham Law School,…

HBAR, the token that powers Hedera Hashgraph’s decentralized, open-source, proof-of-stake public ledger that utilizes the leaderless, asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus algorithm, has been pumping on Monday.One of its decentralized applications (dApps) Dropp has been listed by the US Federal Reserve’s new instant payment service FedNow as a…

Wealth management firm Bernstein suggests a fresh growth phase for the market if a spot Bitcoin (BTC) ETF application gets approved by the Securities and Exchange Commission (SEC). In a new report, the firm noted that a spot BTC ETF would add value to the entire digital asset ecosystem by creating…

The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.According to data from DeFi TVL aggregator DefiLlama, the DeFi market cap is currently valued at over $41 billion, with approximately $1.6 billion in trading volume over the past day.The surge indicates a daily rise…

The PEPE price has surged by 5% in the past 24 hours, with the meme token’s move to $0.00000142 also representing a 23% gain in a week.This means PEPE has easily outperformed the wider cryptocurrency market, which has barely moved today amid ongoing investor uncertainty (particularly in the face of…

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.Despite great advertising and highly functional services, most tokens and exchanges often struggle to gain initial traction and attract users. With a few buyers and sellers at first, the market will experience low activity, wide bid-ask spreads,…

In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions.Judge Martin Glenn, in a filing on August 11 at the United States Bankruptcy Court for the…