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‘Crypto Needs Rules’ Says New Gemini Ad Campaign
The Gemini cryptocurrency exchange founded by the Winklevoss twins in 2014 is calling for better regulation of the crypto space in a new ad campaign, the Wall Street Journal (WSJ) reports on Jan. 4.Placards on taxis and in the New York City subway contain slogans like “crypto needs rules” while simultaneously suggesting that Gemini already…

New Grayscale Report: Digital Assets Fund Adds $905M in Record Quarter
Grayscale Investments Q2 report shows a record $905 million inflow as institutions continue to move into Bitcoin, Ethereum and other digital assets. 1718 Total views 30 Total shares Grayscale Investments has just released its quarterly report which shows that institutional demand for Bitcoin and other digital assets is still on the rise despite the lack…

Early birds: U.S. legislators invested in crypto and their digital asset politics
According to some estimates, as many as 20% of Americans were invested in cryptocurrencies as of August 2021. While the exact number can vary significantly from one poll to another, it is clear that cryptocurrencies are no longer just a niche passion project for tech enthusiasts or a tool for financial speculation. Rather, digital assets…

Jim Cramer cashes out half his ‘phoney money’ Bitcoin to pay off mortgage
CNBC host Jim Cramer says he’s “won,” cashing out half of his Bitcoin portfolio to pay off his mortgage, stating that it’s “phoney money paying for real money.” 321 Total views 3 Total shares Business TV personality and converted Bitcoin proponent Jim Cramer has sold half of what he calls his “phoney money” Bitcoin portfolio…

Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims
Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing.

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees.The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower…

Report: CEO of Largest Romanian Crypto Exchange Arrested on US Warrant
The CEO of Romania's largest crypto exchange Coinflux was reportedly arrested on a warrant from the United States for fraud, organized crime, and money laundering, local news outlet Mediafax reported Dec. 13. Coinflux has subsequently stopped all digital currency exchanges.Founded in 2015 in the Romanian city of Cluj, Coinflux is an online digital currency trading…

AI regulations in global focus as EU approaches regulation deal
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead. 323 Total views 2 Total shares The surge in generative artificial intelligence (AI) development has prompted governments globally to rush toward regulating the emerging technology. The trend