Gary Gensler returns to MIT — Here’s what he taught last time
Gensler asked his students at the outset of his previous course at MIT whether they thought crypto would change the future of finance.
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Texas court issues judgment against Bancor DAO after it ignored summons
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge. A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor

Circle launches euro-backed stablecoin EUROC
Demand for stablecoins continues to rise as businesses look to on-chain liquidity to improve their operations. 630 Total views 6 Total shares USD Coin (USDC) issuer Circle Internet Financial is launching a fully-reserved stablecoin pegged to the euro, signaling to the market that demand for crypto foreign exchange services remains high despite recent industry turmoil. Euro…

BitConnect promoter banned for 5 years by Sydney District Court
John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector.

India’s Lift of Cryptocurrency Trading in the Context of COVID-19
In one of 2020’s biggest stories about cryptocurrencies so far, the Indian Supreme Court struck down a blanket ban on trading cryptocurrencies issued by the Reserve Bank of India earlier in the year. Then, March happened, and everything changed as COVID-19 spread around the world, inducing quarantines across the world and stoking unprecedented volatility in…

Nvidia-backed AI startup releases avatars that express human emotion
Nvidia-backed AI startup Synthesia unveils “Expressive Avatars,” enabling AI to convey human emotions and movements for corporate presentations and training.

How Web3 is transforming global regulatory frameworks
At the 2024 Proof of Talk event in Paris, France Jenny Johnson CEO of Franklin Templeton and Mo Shaikh the founder of Aptos explained the protocol economy’s impact on regulators.

Bitcoin reserve backlash signals unrealistic industry expectations
“Not that long ago, even the idea of BTC Reserve held and supported by a federal government was a revolutionary idea,” a blockchain regulatory expert told Cointelegraph. 4219 Total views 1 Total shares The widespread disappointment surrounding the US Strategic Bitcoin Reserve — hailed as a historic step for Bitcoin adoption — suggests unrealistic investor

Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more…
Yuga Labs has announced a new Bored Ape Yacht Club (BAYC) community council to help the project “grow and thrive.”The team revealed seven council members in an Oct. 5 blog post, noting that they are all OGs who have been around since the early days of the BAYC. Yuga Labs said it assembled a new…