Weekend Roundup: May 3 - May 9

Weekend Roundup: May 3 - May 9

This week's discourse in the cryptocurrency realm is dominated by concerns over its misuse, regulatory challenges, and technological advancements. U.S. Senator Elizabeth Warren has raised concerns about cryptocurrency mining operations in Iran, asserting that they are being used to evade U.S. and international sanctions and potentially finance groups like Hamas. She advocates for immediate action to curb this threat to national security. This claim aligns with her ongoing scrutiny of the cryptocurrency sector's role in global financial systems.


In technological developments, discussions are stirring around potential new narratives in the blockchain space, with speculations on infrastructure, real-world assets, and AI integration across different chains. MicroStrategy's 'Orange' decentralized identity system using Bitcoin has been highlighted, emphasizing efforts to leverage blockchain for enhanced security and identity verification.


Regulatory interactions continue to shape the sector's landscape. Robinhood has received a Wells notice from the SEC, indicating potential enforcement actions, while the SEC has delayed its decision on the Invesco Galaxy Spot Ethereum ETF, reflecting ongoing caution in cryptocurrency ETF approvals. On a broader scale, financial services firm Franklin Templeton is exploring opportunities to extend its services to the Arbitrum network, signifying traditional financial institutions' increasing interest in DeFi platforms.


These events collectively sketch a complex picture of the cryptocurrency industry, where regulatory, technological, and ethical considerations are deeply intertwined, impacting the trajectory of digital finance innovations and their global regulatory frameworks.

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Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Senator Elizabeth Warren’s Digital Asset Anti Money Laundering Act

Today in Daily Web 3 News: We are going over the top news for Wednesday, May 31st. Hosted on Acast. See acast.com/privacy for more information.

2 Juni 202313min

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

BTC ATM Smash & Grab, ByBit Leaving Canada, USA Missing Opportunities

Today in Daily Web 3 News: We are going over the top news for Tuesday, May 30th. Hosted on Acast. See acast.com/privacy for more information.

2 Juni 20237min

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Don't Use Crypto in Bali, No Mining Tax, Most Reputable Companies

Today in Daily Web 3 News: We are going over the top news for Monday, May 29th. Hosted on Acast. See acast.com/privacy for more information.

2 Juni 20237min

Multichain Team Arrested in Shanghai

Multichain Team Arrested in Shanghai

For May 25-26, Multichain bridge loses $1.5B from being taking by Chinese authorities. Brazil is rolling out tests of their CBDC with partner like VISA and Microsoft. Gemini moves to Ireland. Hosted on Acast. See acast.com/privacy for more information.

26 Maj 20238min

DeSantis Says Biden 2024 Will End Bitcoin

DeSantis Says Biden 2024 Will End Bitcoin

May 24th, DeSantis launched his presidential campaign on twitter where he made sure to note that he is anti-CBDC and that Biden is anti crypto. Trevor was hacked and now millions of devises are vulnerable. Shaq finally got served. #trezor #desantis #biden #crypto #bitcoin Hosted on Acast. See acast.com/privacy for more information.

26 Maj 20238min

Ledger Pauses Recovery Product Launch

Ledger Pauses Recovery Product Launch

On Tuesday May 23rd, Ledger Wallet pulls their plans for launching heir recovery product. Hong Kong my be used as a ginny pig for China while canceling Uncle Rodger, and Solana integrates Chat GPT. #uncleroger #censorship #bitcoin #biden Hosted on Acast. See acast.com/privacy for more information.

26 Maj 20236min

Biden Wants to Tax Crypto

Biden Wants to Tax Crypto

On May 22nd, Biden made it clear that he will to let crypto save money in taxes when it comes to budget reconciliation. Speaking of tax, Meta Mask is NOT taking capital gains tax from you. Huobi is out of Malaysia #biden #bitcoin #huobi Hosted on Acast. See acast.com/privacy for more information.

26 Maj 20232min

Week in Review 5/15 - 5/19

Week in Review 5/15 - 5/19

People are getting money back! SEC is bringing more uncertainty. The EU is bringing the heat! That is Today in Web 3. Hosted on Acast. See acast.com/privacy for more information.

19 Maj 202315min

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