Biden’s new AI chip export restrictions spark industry backlash

The CEO of the Intercontinental Exchange (ICE) expects the firm’s digital asset platform Bakkt to launch later in 2019. The comment was made by ICE CEO Jeff Sprecher during an earnings call Thursday, Feb. 7.The call was dedicated to ICE’s financial results for Q4 and the full year of 2018. Sprecher explained that the company…

“Once crypto exchanges are compliant, the SEC's primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” said the analysts. 146 Total views 12 Total shares Eric Balchunas and James Seyffart, exchange-traded fund analysts for Bloomberg, said that a proposed rule change with the United States Securities…

The Italian Red Cross and the Colli Albani Committee are raising donations Bitcoin and other cryptocurrencies to fight the country's coronavirus pandemic with the support of Helperbit, as announced on March 12.Goals of the new campaignProceeds from the campaign will reportedly be used to set up a second-level advanced medical post for pre-triage of COVID-19…

The allegations against Binance and Coinbase by the U.S. Securities and Exchange Commission have substantial ramifications for the decentralized finance (DeFi) ecosystem, and they are far from positive. DeFi has developed as a promising area within the crypto industry, aiming to disrupt established financial systems and deliver financial services in a decentralized manner.However, the latest…

Singapore-based cryptocurrency exchange Huobi Global is launching a dedicated platform for pre-release token sales, the company confirmed in a blog post on March 20.The platform, dubbed Huobi Prime, aims to give participating investors access to new altcoin tokens before they appear on major exchanges.Prospective projects will go through a vetting procedure, with successful applicants offering…

One member of the cryptocurrency subreddit pointed out that “EVM equivalent” compilers like zkSync Era does not necessarily mean it is fully “EVM compatible.” 489 Total views 4 Total shares Own this piece of history Collect this article as an NFTMatter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921…

The amount of Bitcoin (BTC) held by crypto exchange BitMEX has fallen by 25% in the past few weeks.During the crypto bloodbath on March 12, Bitcoin (BTC) fell 50% from a price over $10,400 on March 12. Mass liquidations on BitMEX were believed to play a big role in the crypto crash. Ever since, the…

Elon Musk and Michael Saylor played a significant role in shaping crypto investor sentiment during the second quarter, underscoring just how nascent digital asset investing remains when compared with other, more established markets. Sentiment-driven analysis from The TIE and eToro USA reveals the extent to which Musk and Saylor impacted Bitcoin (BTC) values in the second…

The majority of the stolen funds is accounted for a major phishing incident that cost an unfortunate user $55 million.