AI bills have ‘positive intent’ but potentially ‘burdensome’ outcome: Lawyer
Lawyer Dina Blikshteyn explains that many of the AI-related bills being drafted and passed in California may have good intentions but could burden small developers.
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Torus Launches Key Management System to Streamline DeFi
Torus has launched its non-custodial key management solution, which is designed to bring web2.0-like user experiences to web3 applications. 1617 Total views 36 Total shares Crypto key management platform, Torus, has launched its non-custodial key management solution DirectAuth — enabling streamlined log-in experiences for web3 applications.DirectAuth builds on top of the Torus Wallet, which facilitates…
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Bitcoin beats out final resistance as Ethereum returns to $2K
The two largest cryptocurrencies revisit significant price levels with sellers rapidly disappearing from exchange orderbooks. 4412 Total views 32 Total shares Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price taps $60,000Cointelegraph Markets Pro and TradingView showed…
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Coinbase will custody digital assets for US Marshals Service
The crypto exchange said the federal agency had selected its institutional investing arm “to provide custody and advanced trading services” for large-cap digital assets.
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US Sen. Elizabeth Warren says crypto will ruin economy — Community responds
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community. 1228 Total views 4 Total shares The downfall of former crypto exchange FTX has had the entire industry in disarray since the situation began to unravel days…
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Decentralized platforms may benefit from strict US crypto tax laws
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
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Bullish all the way? MicroStrategy doubles down on its Bitcoin bet
There’s never a dull day when it comes to crypto as was exemplified recently when the digital asset market dipped by around 50%, eventually taking the total capitalization from its all-time high of $2.5 trillion to around $1.7 trillion. As was expected, in the wake of all this turbulence, Michael Saylor-led business intelligence firm MicroStrategy announced…
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Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process
The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim. 2659 Total views 3 Total shares In the ongoing legal battle between Coinbase and the United States Securities and Exchange Commission, the American cryptocurrency exchange has filed a motion to…
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Bitcoin’s Hash Rate Remains Flat Despite Major Price Rally
Bitcoin’s hash rate seems to be feeling the consequences of the drama at Bitmain. Bitcoin (BTC) mining activity doesn’t seem to be reacting to the recent price rally that took the asset from approximately $9,000 in early July to almost $12,000 at time of publication.According to data from Coinmetrics, hashrate spiked around July 7 and…