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Stablecoin bill’s 2024 passage looks bleak as talks stall and time dwindles

Stablecoin bill’s 2024 passage looks bleak as talks stall and time dwindles

A stablecoin bill, considered low-hanging fruit among other crypto bills, has hit a roadblock, with time running out to get it to a vote.

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Why the SEC Shouldn’t Classify ETH as a Security

Reports suggest the SEC may be about to categorize ETH as a security, with huge implications for the blockchain’s future. Here’s why the SEC would be wrong.

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Coinbase’s Base Chain Warns of ‘Stuck’ Transactions Amid Traffic Surge

The Ethereum layer-2 chain’s status page warns users of high fees and slowdowns as traders flock to new Base meme coins.

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The Protocol: Bitcoin Halving in 3 Weeks, Solana’s Yakovenko on Meme Coins

There’s no slowdown in blockchain news, with Ethereum’s Dencun upgrade in the rear view mirror and Bitcoin’s halving now just over three weeks away. We spoke with Solana’s Anatoly Yakovenko about the meme coin frenzy stressing the suddenly-active blockchain.

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Bitcoin price trades flat as Federal Reserve holds rates steady

Bitcoin barely moved on Wednesday after the U.S. Federal Reserve decided to keep interest rates at their current levels.

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Key U.S. Lawmaker McHenry Says House Has ‘Workable’ Stablecoin Bill

U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.

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NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto

Professional basketball player and NBA All-Star Tyrese Haliburton has said that he would consider taking a portion of his salary in cryptocurrency.

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Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year

Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.

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SEC subpoenaed firms that dealt with the Ethereum Foundation: Fortune

Firms received their subpoenas related to the Ethereum Foundation after Ethereum’s transition to a proof-of-stake consensus model. 

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SEC delays decision on VanEck spot Ethereum ETF, asks for public comments

The SEC is delaying its decision timeline on another spot Ethereum exchange-traded fund, the VanEck Ethereum ETF. 

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