Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
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Court orders Kraken to provide information on user transactions to the IRS
A court in northern California has ordered Kraken to provide info on users who traded more than $20,000 between 2016 and 2020 to the IRS. 3776 Total views 29 Total shares Kraken has been ordered to provide information on its users to who conducted the equivalent of $20,000 in crypto transactions in any one year,…
RedStone launches oracle AVS on EigenLayer
RedStone is the first large oracle to launch on the Ethereum restaking protocol.
Hodler’s Digest, Aug. 12–18: BTC Premiums, Coinbase Blow, Binance Revival
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekPremiums for Bitcoin in Hong Kong and Argentina despite price slumpBitcoin (BTC)…
Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network
Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base.The other three include an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools that make the decentralized finance (DeFi) ecosystem safer. The trading platform outlined the four areas in a…
Binance and Coinbase suffer outages as Bitcoin’s price soars
Bitcoin’s much-anticipated break past $20,000 caused a spike in crypto exchange traffic. 943 Total views 1 Total shares Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao,…
JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases
The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank of violating its cardholder terms of…
AI Eye: Real uses for AI in crypto, Google’s GPT-4 rival, AI edge for bad employees
AI Eye visits Korean Blockchain Week and Token2049 to find out how real projects are using AI, plus Google's Gemini and more AI news. by Andrew Fenton 9 min September 19, 2023 Share Share Share Share AI and crypto isn’t just a buzz phrase AI Eye has been out and about at Korean Blockchain Week
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
Torres is a crypto supporter who has questioned the performance of the SEC before; he has written new legislation on crypto companies’ proof of reserves and comingling of funds. 924 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTAn American legislator has asked the United States Government Accountability…