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July 20, 2023
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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal […]
July 20, 2023
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Kuwait bans crypto and virtual asset transactions

Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.   On July 18, Kuwait’s main […]
July 20, 2023
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China’s digital yuan nears $250B transaction volume: Central bank governor

While the adoption and use cases of China’s central bank digital currency are expanding, the digital yuan still only represents 0.16% of China’s monetary supply.   […]
July 20, 2023
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ChatGPT’s capabilities are getting worse with age, new study claims

Some of ChatGPT’s responses have shown the model’s accuracy deteriorated over the last few months and researchers can’t figure out why.   In a recent study […]
July 19, 2023
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Australia’s financial regulator cancels license for FTX’s local entity

ASIC had previously suspended FTX’s license to operate in Australia; now the securities regulator has canceled it entirely.   The Australian financial services regulator, the Australian […]
July 19, 2023
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Altcoins ‘bled’ as Bitcoin gained dominance in Q2: CoinGecko

Exchange, DeFi and metaverse tokens were hit hard in the second quarter of 2023 while Bitcoin continued to make gains.   According to CoinGecko’s industry report […]
July 19, 2023
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Dormant pre-mined Ethereum worth $116M resurrects after 8 years

During the pre-mine period, the 61,216 Ether was worth roughly $20 million, but eight years later, it’s worth more than $116 million.   A wallet address […]
July 19, 2023
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Celsius could repay all claims if Bitcoin, Ether prices rose 2X – Simon Dixon

Dixon said creditors should fight to get out of the bankruptcy proceedings before the end of 2023, or before the price of BTC and ETH hit […]
July 19, 2023
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Bitcoin miners hedging with recent sell-offs: Bitfinex report

All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions.   According […]
July 18, 2023
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Healthy competition welcome – Polygon zkEVM lead

Prominent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem.   According to Jordi Baylina, the technical lead […]
September 15, 2023
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Decentralized stablecoins could dominate crypto: MakerDAO founder

MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins.   Rune Christensen, co-founder of MakerDAO, believes […]
September 15, 2023
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Crypto market outflows reached $55B in August as liquidity dwindled — Bitfinex

Crypto’s liquidity crunch could allow event-based volatility to have a greater impact on prices, according to a recent analysis from Bitfinex.   In August, the crypto […]
September 15, 2023
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Bitcoin clean energy usage reportedly exceeds 50% — will Tesla start accepting BTC payments?

A Bloomberg analyst reported the percentage of energy used for Bitcoin mining coming from renewable sources had exceeded 50% due in part to miners fleeing China’s […]
September 14, 2023
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Coinbase CEO Champions DeFi, calls for court action to set legal precedent

Coinbase CEO Brian Armstrong cautioned the United States Commodities and Futures Trading Commission to avoid taking enforcement actions against DeFi protocols.   The world of artificial […]
September 14, 2023
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Brazil: Senate Commission will analyze the AI bill in 120 days

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.   Brazil is taking steps towards regulating […]
September 14, 2023
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Bitcoin miner mulls refunding 20 BTC reward to Paxos

Chun’s reservations about whether to return the funds to Paxos stems from him being “annoyed” that “the person claiming it (the funds) kept saying EST instead […]
September 13, 2023
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Gary Gensler confirms SEC’s use of AI for financial surveillance

The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.   On September 12, during a Senate […]
September 13, 2023
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Decentralized exchanges a magnet for crypto wash traders: Solidus Labs

Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims.   Market surveillance firm […]
September 13, 2023
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Binance.US cuts third of staff as CEO Brian Shroder leaves

The staff cut and departure comes amid legal action from United States regulators.   Binance.US, the American subsidiary of the cryptocurrency exchange, has reduced its workforce […]

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