G20 Crypto Regulations Could Unleash Real Blockchain Change
Increased regulation, as long as it is done with industry cooperation and the aim of de-risking the broader market, will hasten blockchain adoption.
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Binance Founder Changpeng ‘CZ’ Zhao Is a Free Man
Binance founder Changpeng “CZ” Zhao has been released from prison, according to the U.S. Bureau of Prisons (BOP). Zhao’s release comes two days ahead of his scheduled release date this Sunday, Sep. 29. The BOP is legally allowed to release prisoners early if their release date falls on a weekend or holiday. In April, Zhao

Bitcoin Nosedives Under $58K Amid Mt. Gox, German Government Wallet Movements
Bitcoin dropped under $58,000 for the first time since May, marking a 5% loss in 24 hours. Mt. Gox wallets, dormant for a month, showed activity with test transactions, hinting at potential asset distributions and increased selling pressure. Bitcoin (BTC) plunged under $58,000 in European morning hours, extending 24-hour losses to nearly 5% and dropping

Web3 Can Actually Compete in the Computer Chip Race
The GPU shortage will drive mainstream adoption of Web3 infrastructure.To train artificial intelligence (AI) models, high-end graphics processing units (GPUs) like the NVIDIA A100s and H100s are required. However, these GPUs are only needed for a limited period of time for each model, are very expensive and have a constrained supply – this combination means…

Steve Bannon Linked Chinese Businessman Found Guilty in Fraud Scheme
Guo Wengui, also known as Miles Guo, was convicted of a billion-dollar fraud by U.S. prosecutors in New York. Guo has been an associate of fromer Trump strategist Steve Bannon, who was arrested on Guo's yacht in 2020. Exiled Chinese businessman Guo Wengui, who also uses the alias Miles Guo, has been convicted of defrauding

CB Insights Buys Blockdata to Build Out Blockchain Data Offering
Sep 16, 2020 at 09:04 UTCNetherlands-based Blockdata, which provides qualitative insights into the range of large enterprises using blockchain technology, has been acquired by data provider CB Insights. The financial terms of the deal were not disclosed. New York City’s CB Insights will be opening an office in Amsterdam, while Blockdata will remain a standalone…

Facebook’s Cryptocurrency Is a Nail in the Coffin for ‘Blockchain Not Bitcoin’
news Edan Yago is the founder of CementDAO, an effort to bring together stablecoins into a unified ecosystem. The views expressed here are his own. With the announcement of Libra, cryptocurrency has entered the big leagues. Facebook’s entry into this market means every single company now has to take cryptocurrency seriously. Companies around the world…

Ripple’s XRP Token Surges 28% After Court Rules XRP Sales Aren’t Investment Contracts
XRP’s price has skyrocketed 28% over the past 90 minutes, climbing the most among the largest cryptocurrencies by market capitalization after a New York Court ruled the sale of XRP tokens on exchanges did not constitute investment contracts.XRP climbed to as high as 64.7 cents, according to data from CryptoWatch, its highest level since May…

Blockchain Sleuthing Startup Chainalysis Raises $30 Million
news Chainalysis, the cryptocurrency transaction analysis startup, has raised $30 million in Series B funding. The firm will use some of the funding to open a new office in London and a research-and-development lab in a bid to expand its presence in the U.K., where it has worked closely with the likes of Barclays, the…