EU Council reaches agreement on supercomputer use for AI development
EU Council agrees on regulation to expand EuroHPC’s supercomputing role, adding AI factories to boost Europe’s AI ecosystem and support startups.
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BlackRock argues SEC has no grounds to treat crypto futures and spot ETFs differently
BlackRock questioned the SEC's preference for the 1940 Act that oversees futures ETFs, and argued that it lacks relevancy to both crypto-spot and futures ETFs. 111 Total views 1 Total shares BlackRock has argued that the U.S. Securities and Exchange Commission doesn't have any legitimate reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently.
Former BTC Developer Settles ‘Rapist’ Defamation Suit
Former Bitcoin Core developer Peter Todd has settled a defamation suit against a cryptographer who accused him of being a rapist. 506 Total views 17 Total shares Peter Todd, a former Bitcoin Core developer, has settled a defamation lawsuit against cryptographer Isis Lovecruft who accused Todd of being a rapist in a tweet posted in…
Coin Mixer’s Record-Breaking Month Proves Bitcoin Users Want Anonymity
Volume for Samourai Wallet’s non-custodial Bitcoin mixer, Whirlpool, tripled last month, with the service processing more than $10 million worth of Bitcoin (BTC).According to data published to Twitter by Whirlpoolstats’ Matt Odell, March activity comprised 40% of the then-total volume produced by Whirlpool since its launch in May 2019.Whirlpool mixer sees record activitySamourai Wallet’s Whirlpool…
CME Group’s Net Income Falls 17% in Q1 Amid Record BTC Futures Trading Volume in April
United States derivative market CME Group has reported a 17% fall in net income for the first quarter, according to a news release on May 1.Despite revenues rising over the three-month period, earnings stood at $497 million, compared with $599 million this time a year ago.CME Group chairman and chief executive Terry Duffy said the results amounted…
Bill Gates warns Bitcoin buyers: If you have less money than Elon Musk — watch out
The Microsoft founder thinks anyone with less money than the world's richest man should “watch out” when it comes to Bitcoin. 3479 Total views 7 Total shares Microsoft founder Bill Gates has issued a warning to would-be Bitcoin (BTC) buyers looking to follow Elon Musk’s investment strategy. Speaking to Bloomberg’s Emily Chang, Gates suggested Musk…
Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN
While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction.Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the United States Financial Crimes Enforcement Network (FinCEN), the primary regulator for money service businesses in the country.MSB license is…
Almost twice as much ETH locked in DeFi as on exchanges: Glassnode
While the amount of ETH locked in DeFi protocols is up 75% since the start of 2020, the sum of Ether held on centralized exchanges has fallen by 30% over the same period. 2113 Total views 17 Total shares Ether is being locked up in decentralized finance contracts at an accelerating rate this year, while…
Square Lowers Its Q1 Estimates by $800M Despite Bitcoin Success
Square’s Bitcoin (BTC) revenue continues to grow, even as the popular payments app lowers its first-quarter revenue estimates by $800 million due to the coronavirus crisis.According to a company announcement on March 24, COVID-19 was not a factor in the company’s growth until around 10 days ago:“While the beginning of March was relatively in line…