Apple holds back AI releases in EU due to Digital Markets rules
Hundreds of millions of people will be denied access to new Apple features.
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BlackRock spot Bitcoin ETF filing names Coinbase as ‘surveillance-sharing’ partner
The application included a Nasdaq-Coinbase agreement “intended to supplement the exchange’s market surveillance program” following the SEC reportedly saying the filing was unclear. The most recent filing involving asset manager BlackRock’s attempt to launch a spot Bitcoin exchange-traded fund (ETF) included a “surveillance-sharing agreement” with cryptocurrency exchange Coinbase.According to a June 29 filing with the…
Bitcoin stands apart from other crypto, and what that means for US public policy
United States President Joe Biden’s executive order on digital assets has kickstarted an interagency mission to support financial innovation while protecting American consumers and interests. While many industry leaders welcome the constructive tone, some critics hope for a crackdown. We don’t blame them.Many cryptocurrency projects operate behind thin veils of decentralization. In public, they’re sold…
Cathie Wood’s ARK reportedly ‘first in line’ for a spot Bitcoin ETF
ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund (ETF).In mid-June, the investment firm BlackRock filed an application for a spot Bitcoin ETF, triggering notable optimism in cryptocurrency markets.Several reports suggested that BlackRock could become the first issuer of…
SEC Chairman: Investors Should Consider Lack of ‘Safeguards’ Before Investing in Crypto
U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated his wary view of the crypto markets during an interview. His discussion with New York Times columnist Andrew Ross Sorkin took place at the The Times Center in New York City Nov. 29.Mid-way through the interview, Clayton told Sorkin that the securities regulator had worked…
Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.
Busan is developing an Ethereum-compatible mainnet to become a ‘Blockchain City’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal. 182 Total views 36 Total shares South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is
Ethereum layer-twos reportedly processing more transactions than BTC
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage. 1036 Total views 29 Total shares Layer-two scaling protocols for Ethereum have surged in adoption in recent months as gas prices climb again, and the L2 ecosystem is now processing more daily transactions than the…
Binance Launchpad Hosts Its Third ICO With Celer Network Raising $4 Million
Binance Launchpad, the token launch platform of the major global crypto exchange Binance, has completed a $4 million sale of Celer Network (CELR) tokens, the company wrote on March 19.The tokens sale was completed in 17 minutes and 35 seconds, with all 597,014,925 CELR tokens sold in a single session.As the company announced two weeks…