For Wall Street, Bitcoin ETF Decision Could Answer ‘$1 Billion’ Question

The Securities and Exchange Commission (SEC) is asking a federal judge for a summary judgment – saving everyone the spectacle of a full trial – because it says there is "no genuine dispute as to any material fact" in its case against Do Kwon and Terraform Labs."There is no dispute that purchasers made an investment

opinion Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ One of the biggest rhetorical challenges blockchain advocates confront is something I’ll call “stasism:”…

Ethereum co-founder Vitalik Buterin suggested using AI to improve code audits and reduce bugs in blockchain projects.AI-assisted code audits can adapt and learn from new information, making them more effective than current automated tools. Human inspection can be combined with AI systems to create a strong system for detecting vulnerabilities, developers said.In 2023, crypto users

Cryptocurrency exchange Binance spun off its venture capital arm, Binance Labs, earlier this year, among one of the most notable actions of new CEO Richard Teng, who replaced Changpeng "CZ" Zhao in November, Bloomberg reported Friday.Binance Labs has a disclaimer on its website saying it is "an independent venture and not part of the Binance

Jun 10, 2020 at 19:24 UTCIn a now-deleted tweet, Coinbase Custody International announced it was adding support for withdrawals and deposits in the stablecoin tether.  While that May 30 tweet is now gone, it’s hard to hide its effects given a recent surge in the stablecoin’s count of active addresses. The number of unique addresses active…

BTIG raised its Microstrategy price target to $1,800 from $780.The broker said the firm has a greater exposure to bitcoin on a per-share basis.The software company should benefit from bitcoin catalysts such as the halving event, the report said.MicroStrategy has a track record of creating value for shareholders, broker BTIG said in a research report

California Governor Gavin Newsom’s signature on the Digital Financial Assets Law last month sent shock waves through the industry and proved the old adage that scandal leads to reform. The collapse of cryptocurrency exchange FTX, the indictment of Sam Bankman-Fried, and crypto-associated bank instability (Signature Bank, Silicon Valley Bank, Silvergate Bank), true or not, spurred

Indonesia’s crypto regulator wants the government to reconsider taxes on the sector.The country currently taxes crypto as commodities, but that classification may change next year when oversight falls under the financial services authority OJK.An official at Indonesia’s crypto regulator, the Commodity Futures Trading Supervisory Agency (Bappebti), has called on the Finance Minister to reconsider tax

Sep 14, 2020 at 13:38 UTCEnterprises Need Third Parties for Oracles to WorkPaul Brody is a Principal and Global Blockchain Leader at EY.  Oracles, an often overlooked feature of blockchain technology, are having a moment. In ancient times, oracles were people or gods who provided wisdom or knowledge. In blockchains, they are mechanisms for providing sources…