DIGITAL

#Binance #digital #era
In today’s digital age, business is no longer limited to opening a shop or doing physical trading — the internet has opened new doors.
One of the biggest opportunities is Binance, the world’s largest cryptocurrency exchange.
---
What is Binance?
Binance is an online platform where you can:
Buy and sell cryptocurrencies (Bitcoin, Ethereum, etc.)
Trade NFTs (digital assets)
Use Staking, Futures trading, and DeFi products
It works just like a stock exchange, but instead of shares, you deal in digital coins and tokens.

Trezor's Safe devices are vulnerable, a Ledger team has discovered a vulnerability in Trezor's Safe 3 and Safe 5 devices, according to a report published March 12 on

Site X. Ledger's research team, known as Donjon, discovered a flaw in the microcontroller of Trezor's Safe 3 and Safe 5 models; #Ledger found that despite Trezor's recent security improvements, cryptographic operations could be performed on the microcontroller.
You may know that @Ledger has a dedicated team, @DonjonLedger, that continually conducts open source security research.
@Ledger has a dedicated team, @DonjonLedger, that continually conducts open source security research.
BREAK Ledger Chief Technology Officer (CTO) Charles Guillemette said: We believe that making the ecosystem more secure will help everyone, and that's important as we look to increase adoption of #cryptocurrencies and #digital assets.
#Trezor has already implemented Secure Elements (SE). Secure Elements are chips designed to protect users' PINs and cryptographic secrets, and early Trezor devices could be hacked by modifying the software, allowing attackers to steal users' funds. effectively prevents low-cost hardware attacks, particularly voltage failures, and protects users' funds if the device is lost or stolen;
Trezor confirmed to X that users' funds are safe and no action needs to be taken. However, when asked if the issue could be resolved with a firmware update, the hardware wallet provider said
Read us at: Compass Investments
#FinTechInnovations

Trump Organization has issued the TRUMP trademark for a virtual world with a digital asset marketplace -

Gators Quick take: The application specifies a range of digital products and services in which users can participate in a variety of activities.
In this virtual world, users will be able to purchase TRUMP-branded clothing, shoes and hats to wear in the virtual space. The meta version of the platform is also expected to expand into education and professional development by offering TRUMP-branded training services.
DTTM Operations LLC, which manages all trademarks for the TRUMP organization, has filed a complaint with the United States Patent and Trademark Office (USPTO) alleging that the trademark TRUMP
Josh Gerben, Esq. reports that the application was filed on February 24 under intent to use and indicates the brand's planned future commercial activities.
Among the list of services and products described in the application is a TRUMP-branded virtual world where users can participate in various activities
In this virtual world, users can purchase TRUMP-branded clothing, shoes and hats and wear them in a virtual space . The statement added that the meta-version of the platform will be extended to the fields of education and professional development, with TRUMP-branded trainings in public services, business, #civic education, fundraising, real estate, construction and hospitality management as the main areas.
In the virtual world, there will also be a trading platform where users can exchange digital goods and cryptocurrencies. However, goods offered on the marketplace must be authorized by the 45th and 47th Presidents of the United States and will be authenticated with a unique token ('NFT-'), the statement said.
this is the first time Trump's name has been associated with #digital assets or 'NFT-'.
Read us at: Compass Investments

Many industry insiders believe that the recent rally may just be the beginning of a massive upswing in Cardano tokens. Veteran trader Peter Brandt believes that the altcoin season is upon us and ADA is in for a huge bull market.

User X Ssebi also addressed this issue, saying that the token price touched the 20-day moving average (MA) and bounced back.
I think we will see #ADA explode in the next few days, the liquidity from TRUMP has to go somewhere, they opined.
Other market observers who have recently made price predictions include Dan Gambardello and Altcoin Daily. The former believes that ADA has "one of the most bullish weekly patterns in cryptocurrencies" and predicts that the price could explode to $7. Altcoin Daily predicts that the valuation could reach $6.45 by 2025.
Trump's inauguration as president is considered good news for the entire crypto community due to his positive attitude towards the industry that has been evident in the past few months. ADA #Cardano is one of the #digital assets that could grow significantly after Trump's return to the White House, as Hoskinson announced last November.
Read us at: Compass Investments
#TrendingTopic #TokenEconomy

The Trump administration's decision not to create a bitcoin reserve has surprised some, including bitcoin critic Peter Schiff.

I understand the implications of creating a #bitcoin reserve, Schiff wrote. I don't agree with him, but I understand. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create bitcoin reserves as well.
But what is the point of the XRP reserve? Why do we need it?
Meanwhile, Jeff Park, head of alpha strategy at Bitwise, said that Trump's underestimation of how important it is to have a bitcoin-only strategic reserve is a huge political miscalculation.
the only crypto asset that makes logical sense to use as part of the country's strategic reserve is bitcoin.
Nick Neumann, CEO of Casa
An endless amount of #digital assets, especially with zero utility, is not fit for purpose.
Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, also believes that cryptocurrencies' strategic reserves are naturally bitcoin-only because #altcoins have zero utility relative to bitcoin. LINE_ BREAK The strategic cryptocurrency reserve was announced after weeks of work by the president's newly formed Digital Assets Working Group, led by Executive Director Bo Hinds and David Sachs, who oversees artificial intelligence and #cryptocurrencies at the White House.
Read us at: Compass Investments
#FinTechInnovations

On Capitol Hill, legislative debate is intensifying on two key cryptocurrency bills.

On Wednesday, the Senate Banking, Housing and Urban Affairs Committee will examine a bipartisan legislative framework for #digital assets.
March 5, the House Financial Services Committee will hear testimony on Stablecoin and
On Tuesday, White House Director of Artificial Intelligence and #Cryptocurrencies David Sachs held his first press conference on cryptocurrencies, outlining legislative priorities, the first time the Trump administration will look to regulate the industry. The key steps are a market structure bill and a comprehensive stable coin bill. At the event, which was attended by key House and Senate leaders, Senate Banking Committee Chairman Tim Scott (Republican) announced his intention to bring both key #cryptocurrency bills to a vote in the Senate before the end of the president's term.
Last year, there was a bipartisan call for a cryptocurrency bill in Congress, but in 2024.
earlier this month, Senator Tim Scott (Republican), chairman of the Senate Banking Committee, tried to fulfill a campaign promise related to the digital asset industry during the 100 days of President Donald Trump's cryptocurrency-friendly administration, and among others involved in pushing for a cryptocurrency bill, promised to pass a bill on the structure of the stablecoin market and regulatory framework.
the Financial Innovation and Technology for the 21st Century Act (FIT21) was passed by the House of Representatives last year. However, as the new Congress begins its work, this market structure bill must be approved again by House members before it moves to the Senate.
Meanwhile, the GENIUS Act, which gives issuers of stable coins, including #Tether and Circle, a federal path to legalization in the U. S. , is gaining momentum.
CBDCs are similar to stable coins as assets tied to the price of fiat currencies such as the U. S. dollar.

Read us at: Compass Investments
#CryptoUpdates

Permanent link to this post: the House Oversight and Government Reform Committee wants to investigate the FDIC's debanking practices under the previous administration.

Chairman Comey released the agency's uncut records to investigate these cases.
Custodia Bank CEO Caitlin Long says President Trump has done nothing to address the problem of debanking.
The House Committee on Oversight and Government Reform is investigating the actions of the Federal Deposit Insurance Corporation (FDIC) under the previous administration.
The focus of this investigation is whether financial institutions were forced to shun #digital assets.
The focus of this investigation is whether financial institutions were forced to shun digital assets, which could stifle innovation and limit access to banking services for people and businesses.
The new acting FDIC chairman, Travis Hill, said that under President Biden, the agency was concerned about banks' attempts to offer #cryptocurrency services. He expressed concern about the antagonism. One possible reason was reports that some companies and individuals were allegedly forced into bankruptcy because of their alleged involvement in #cryptocurrencies , and he warned of perceived overreach by the regulator.
In early February, the FDIC released a redacted version of a document about its interactions with banks that had been released to the public. Sixty-four documents reveal correspondence with 24 banks that received suspension letters, while 111 documents show records of correspondence with the FDIC and cryptocurrency-related activities of other regulated institutions.
However, House Oversight and Government Reform Committee Chairman James Comer argues that full disclosure of the documents is necessary to better understand the situation. He has already requested access to uncensored FDIC documents to understand why the FDIC ordered banks to refrain from cryptocurrency projects.

He also asked them to share their experiences with the FDIC.

Read us at: Compass Investments
#BlockchainFuture #TrendingTopic

Share:Procryptocurrency super fund Fairshake has raised $116 million to influence the 2026 U.S. midterm elections; several major backers including a16z, Coinbase and Ripple have increased their support.

pro-cryptocurrency super fund Fairshake, has raised $116 million to influence the 2026 U. S. midterm elections in the U. S. ; several major backers including a16z, #Coinbase and #Ripple have increased their contributions, strengthening Fairshake's financial strength.
Which Senate race will be the group's most important target? It's still unclear, but the political landscape is changing. After the defeat of Kamala Harris in favor of cryptocurrencies, anti-industry sentiment in Congress has greatly diminished, but opposition still remains.
Fairshake, known for its massive campaign spending, is preparing for the upcoming midterm elections. According to CNBC, the PAC is gearing up for the November presidential election. It began accumulating funds shortly after Donald Trump's victory; A16z immediately donated $25 million, bringing the total to $103 million.
Fairshake is expected to invest heavily because election campaigns can cost a lot of money. During the 2024 election cycle, the PAC spent about $180 million to influence the election. The midterm elections are expected to be just as competitive, so the military buildup is crucial.
In addition to supporting Trump, FairShake also plays a role in supporting candidates not on the ballot, such as Bernie Moreno. In a statement, the organization reiterated that it supports candidates who promote innovation, economic growth and balanced regulation.
Previous donors, including Coinbase, have doubled their funding, and companies like Ripple and Uniswap have provided new funds. But which of the candidates will Fairshake compete with?
The crypto industry is currently in a strong position in US elections. In the last election, Kamala Harris was hesitant to accept #digital assets, but ended up positioning herself as a pro-cryptocurrency candidate.

Read us at: Compass Investments
#CryptoUpdates #news

Court documents filed as part of a Freedom of Information Act (FOIA) lawsuit against the U.S. Federal Deposit Insurance Corporation (FDIC) show that U.S. regulators have suspended cryptocurrency activity at some financial institutions.

In a lawsuit filed in the U. S. District Court for the District of Columbia on March 12-6, the court published a "notice of suspension" sent by fdic officials to the boards of various U. S. banks whose names were redacted.
According to the letter, sent in 2022, the FDIC asked the agency to "cease all activities related to cryptoassets" due to uncertain regulation of #digital assets.
Fdic will notify all banks supervised by fdic at a later date when a decision has been made regarding the supervisor's expectations for engaging in cryptoasset-related activities, including the need for regulatory filings.
court documents were part of a FOIA lawsuit filed by History Associates on May 6. #Cryptocurrency exchange #Coinbase , which is also involved in an enforcement lawsuit filed by the SEC, hired the company to send FOIA requests to the FDIC in connection with the cryptocurrency company's application for a bankruptcy stay. The request was denied, leading to litigation.
Conspiracy theories or evidence of U. S. government policy?
In other letters released on Dec. 6, the bank was informed that it may need to provide information before providing additional services. Much of the text has been redacted, but some of the FDIC emails indicate that financial institutions are considering cryptocurrency-related activities.
These emails show that the work of Chokepoint 2.0 was not just a cryptocurrency conspiracy theory, Coinbase General Counsel Paul Grewal said in the Dec. 6 release. The FDIC is still hiding behind overly broad restrictions.
Operation Chokepoint 2.0 is a colloquial term used by many in the industry to refer to the U. S. government pressuring banks to cut ties with cryptocurrency companies.

Brian Armstrong, CEO of Coinbase, said at 11:27 a. m.
Read us at: Compass Investments

Bitcoinmaxists REALLY have a hard time accepting the phrase digital assets, writes Travis Kling, chief investment officer at Ikigai Asset Management, on X website.

President Trump's Jan. 23 executive order directs the task force to study and propose a stockpile of #cryptocurrencies that may be derived from cryptocurrencies that the federal government directs the task force to study and propose a stockpile of cryptocurrencies that may be derived from cryptocurrencies lawfully seized as part of the Department of Justice's law enforcement operations.
During his campaign at a #Bitcoin conference in Nashville in July, Trump seized more than $20 billion or more in BTC from the DOJ and promised to create a strategic national bitcoin reserve.
Dennis Porter, CEO of bitcoin-focused Satoshi Action Fund, said the working group used the term #digital assets because it is technologically neutral and to
Technologically neutral terms like 'digital assets' are a proven and effective way to achieve the ultimate goal of making the U. S. the world's largest holder of bitcoin, he added. However, Pierre Rochard, vice president of research at bitcoin mining company Riot Platforms, said there was no ambiguity in the wording of the regulation.
He also said that Ripple Labs was the biggest obstacle to the adoption of the bitcoin-only provision and accused the company of actively lobbying against the regulation so it could claim CBDCs created on their platform.
Ripple CEO Brad Garlinghouse responded by saying the company's efforts were "not aligned with (bitcoin He said he believes the company's efforts "actually increase the potential of the #cryptocurrency strategic reserve (including bitcoin).
and millions of dollars in various altcoins.
the largest holding is 198,100 BTC, worth $20.4 billion and accounting for nearly 98% of cryptocurrency holdings.
Trump.
FOX Business reporter Eleanor Terrett told Sachs that: ' Asked about the cryptocurrency apa, Sachs said: "We are going to evaluate it.

Read us at: Compass Investments
#news

XRP investors have made more than $500 million in the past 48 hours.

Short-term holders are responsible for much of the selling after the CME announced #XRP futures.
XRP could fall nearly 20% to $2.62 as bulls show signs of exhaustion. Potential. Ripple's
XRP fell 3% in early trading on Friday as blockchain and technical indicators show bulls are losing momentum
XRP fell 3% in early trading on Friday as U. S. President Donald Trump signed the Presidential Task Force on #Digital Assets. Despite the positive developments surrounding the signing of the executive order creating the Presidential Task Force on Digital Assets, the cryptocurrency showed no signs of recovery.
According to Eleanor Terrett of Fox Business, the Chicago Mercantile Exchange (CME) has not decided to launch a futures contract on XRP. This disappointment could be the reason for the market weakness.
the news caused a wave of negative sentiment in the XRP community, which was waiting for the launch to confirm the possible approval of the Securities and Exchange Commission (SEC) XRP ETF.
as a result, the #token has continued to strengthen, and in the last 48 hours investors have made a profit of $ 500 million.
Realized gains were driven by potential selling activity from short-term holders, as evidenced by small jumps in turnover over 90, 180 and 365 days of hibernation.
additionally, XRP's open interest (OI) growth has stalled over the past few days, reaching up to 2.14 billion XRP from an all-time high of 2.34 billion XRP. Open interest is the total number of open contracts in the derivatives market; a decline in OI indicates that traders are closing positions.
Despite the decline in OI, XRP bulls still dominate the spot market after net outflows increased on #Binance and Kraken last week. dominate the spot market. dominate the spot market. However, Coinbase and Bitstamp saw inflows.

According to Coinglass, $ 10.

Read us at: Compass Investments