Gary Gensler could ‘literally cost Joe Biden the election’ — Mark Cuban
The billionaire investor also intimated that any political aspirations Gensler had would amount to nothing due to the SEC chairman’s stance against cryptocurrency
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Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity
The Iranian government has authorized cryptocurrency mining as an industrial activity.A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani.First step towards legalizing crypto?Now that mining has been officially authorized, entities engaged in the activity will…
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The legal dangers of getting involved with DAOs
by Elias Ahonen 13 min January 26, 2023 If you are a member of a DAO, you may not realize the legal dangers of being involved. Here’s what you need to know. Buying DAO tokens? That’s no longer risk-free: Courts might consider you a partner in the business and judge you liable for millions in…
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AAVE price hits 3-week high as ‘Aave Pro’ debuts for institutional lending
Aave hovered near its three-week high on Tuesday, helped by the prospects of its foray into the mainstream through the launch of an institutional lending platform.FundamentalsDubbed as Aave Pro, the platform expects to become a "permissioned liquidity protocol" by offering institutions, corporates, and fintech clients access to decentralized finance (DeFi). That said, it would follow strict…
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Ripple Seems to Be Developing a Blockchain-Based Working Capital Loans Product
A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product. The blockchain-based payment network Ripple recently added a job opening on its official website for a “Director of Product Management, Loans.”The description indicates that Ripple is working on a new loan product to help its…
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Multiple data points suggest Bitcoin’s 2017-style bull run has begun
Last week, Bitcoin (BTC) saw its price rise 6.95%, rising from $10,804 on October 5 to $11,555 by October 12. The surge marked the best performing week for the price of Bitcoin since July and data show a noticeable shift in market sentiment around the digital asset.According to data from TheTie, an alternative data provider…
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New President of Crypto Valley Association: “We Need to Bring the Capital Back Into the Valley”
It was rumbling in the beginning of February in Swiss Zug. The Crypto Valley Association (CVA) was undergoing a major reorganization. On Thursday, Jan. 31, the General Assembly of the Association elected former Swisscom manager Daniel Haudenschild as president of the CVA and the successor to Oliver Bussmann.The former CVA’s president, Oliver Bussmann, had announced…
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DoorDash launches AI bot to take customers’ takeout orders
During peak times, DoorDash’s AI system will take the load off restaurants by automatically answering incoming phone calls. Food delivery service platform DoorDash is integrating AI technology for their restaurant clients, which will see customers communicating their food orders to AI-powered bots instead of busy in-house staff.According to an Aug. 28 announcement from DoorDash, the…
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U.S. Senate Hearing: ‘Valuable’ Potential Applications of Blockchain in Energy Sector Exist
The U.S. Senate has held a hearing on the energy efficiency of blockchain and similar technologies, according to an announcement published August 21. The hearing on energy and natural resources, held by the U.S. Senate Committee in Washington, DC, focused on the application of blockchain and related technologies, as well as the cybersecurity possibilities of…