• CZ denies rumors that senior Binance executives have resigned due to regulatory challenges.
• BlackRock CEO Larry Fink likens crypto to ‘digitizing gold’, praising Bitcoin as an ‘international asset’.
• Bitwage halts USDC payments for US residents citing ‘strict regulations’.

CZ Denies Rumors of Senior Binance Executives Resigning

CZ has denied rumors that some of the senior executives at Binance have resigned due to ongoing regulatory challenges. The CEO of BlackRock, Larry Fink, has likened crypto to “digitizing gold” and praised Bitcoin as an international asset. Bitwage has halted USDC payments for US-based customers citing strict regulations.

Valkyrie’s Spot-Bitcoin ETF Application Refiled with Coinbase Named as Surveillance Partner

Valkyrie Investment Group’s application for a spot-Bitcoin exchange traded fund (ETF) has been refiled with Coinbase being named as the surveillance partner. This allows Coinbase to monitor trading activity and report any suspicious or manipulative behavior in the market related to the ETFs held by Valkyrie Investment Group.

NEAR and Ethereum’s Contrasting Approaches To Blockchain Scalability

NEAR Protocol and Ethereum both offer blockchain scalability solutions but take different approaches when it comes to implementation. NEAR focuses on sharding while Ethereum utilizes its Layer 2 scaling solution such as Optimistic Rollups and zkRollup solutions designed for high throughput with low latency transactions on the Ethereum mainnet.

Riot Leverages Texas Power Strategy To Fund Operations As BTC Balance Increases

Riot Platforms Inc reported its June 2023 Bitcoin mining performance revealing that it produced 460 Bitcoin while executing an effective power strategy. The mining firm produced 40% fewer Bitcoin in June compared to May, however their BTC balance still increased by 1%. They sold 400 BTC netting proceeds worth $10.6 million which is 33% less than what they sold in May but still 71% higher than what was earned in June 2022 due to higher prices of Bitcoin now compared then.

Liam ‚Akiba‘ Wright: 8 Hours Ago · 2 Min Read

Liam ‚Akiba‘ Wright reported on this news story 8 hours ago giving readers a quick summary of what happened over the last few days in terms of cryptocurrency regulation updates and new developments from Riot Platforms Inc, Valkyrie Investments Group, NEAR Protocol and Ethereum plus BlackRock CEO Larry Fink’s comments about digital assets like bitcoin being „digitized gold“.