21:48 2025-06-04
Base accelerates global expansion and is hiring seven new "country heads"Base, an Ethereum scaling solution developed by Coinbase, is hiring seven new "country leads" to accelerate its global expansion, according to an announcement on Wednesday. Xen Baynham-Herd, head of Base Global Builder, said on X that the team provides services in Argentina, Brazil, Central America, Singapore, South Korea, the UK, Europe, and West Africa.
The task of these country leaders is to promote on-chain growth and build a network of local users and developers. Ba...
21:36 2025-06-04
The CLARITY Act has been blocked by Trump's cryptocurrency investment controversyThe US House Financial Services Committee recently held a hearing to discuss the Digital Asset Market Clarity Act (CLARITY). The bill aims to establish a clear regulatory framework for the cryptocurrency industry, but Trump's close ties to the crypto industry have become the focus of discussion, causing the bill to encounter resistance.
During the hearing, some Democratic lawmakers expressed concern about Trump's involvement in the cryptocurrency space, particularly his support for...
20:48 2025-06-04
US Treasury Discusses Work on Digital Asset MarketsThe US Treasury said that Secretary of the Treasury Vincent called an executive meeting of the Financial Stability Oversight Council today. During the meeting, the committee was briefed by Treasury staff on the work of the President's Digital Asset Markets Task Force. The chairperson of the SEC and the acting chairperson of the Commodity Futures Trading Commission (CFTC) also provided updates on recent actions by their respective agencies. Speakers discussed ways to promote U.S. leadership in di...
20:14 2025-06-04
The three major U.S. stock indexes closed mixedThe three major U.S. stock indexes closed up and down, with the Dow down 0.22%, the Nasdaq up 0.32%, the S & P 500 up 0.01%, popular technology stocks up and down, Meta up more than 3%, Broadcom, AMD up more than 1%, Tesla down more than 3%.
19:26 2025-06-04
Consensys is suspected of increasing its holdings of ETH worth $300 millionAccording to Arkham ZH, Consensys is suspected to have purchased $300 million worth of ETH.
A whale associated with Consensys just received $320 million worth of ETH from Galaxy Digital, moved it to a new address 0x0b2, and pledged $120 million worth of ETH to Liquid Collective at that address.
18:49 2025-06-04
Federal Reserve Beige Book: Tariffs are putting upward pressure on costs and pricesThe Fed Beige Book said prices had risen at a moderate pace since the last report. There were widespread reports that respondents expected future costs and prices to rise at a faster pace. A few regions described these expected cost increases as strong. All regions reported that higher tariff rates were putting upward pressure on costs and prices. However, respondents responded to these higher costs in different ways, including raising prices on affected goods, raising prices on all goods, shrin...