Author: American Coins & Gold

Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies
The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges.

Stablecoins: A Potential Counter to De-Dollarization
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar’s overall dominance.

Marathon Digital Solidifies Position as World's Largest Publicly Traded Bitcoin Miner
Marathon continues to pull away from the former leader, Core Scientific.

Ether Liquid Staking Protocols Could Double in 2 Years: HashKey
The amount of staked ether could reach between 31%-45% of the total supply by the end of Q2 2025.

Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week
Users will be able to bridge their ETH starting Thursday, with the official launch of the main network for Aug. 9

First Mover Americas: Justice Department May Charge Binance With Fraud: Report
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows
At times, Twitter bots accounted for roughly half of all “chatter” on the platform for six FTX-listed altcoins.

AI Investment Could Reach 0B Globally by 2025: Goldman Sachs
Generative AI has huge economic potential and could boost global labor productivity, the report said.

Namibia Sets the Stage for National Crypto Strategy With New Law
The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets the foundation for more laws and regulations, lawyers say.

Bitget Exchange Sued by Advisor of ReelStar Token Project After the Listing Goes Sour
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.