Gensler grilled as most ‘destructive’ SEC chair before congressional hearing
SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States.
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Russia: New Law Would Let Police Confiscate Bitcoin From 2021
Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC). As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s interior ministry will work with various state organs to draw up the plans, which could enter into law in 2021. Confiscating the…
Swiss Food Manufacturer Partners with ETH-based Blockchain Service to Track Tuna Products
A Swiss food manufacturer has become the “first” in Europe to use the Ethereum (ETH) blockchain to track fish products, a press release confirmed Nov. 28.Gustav Gerig AG, which has operated since 1923, partnered with global tuna marketing company Pacifical c.v. to allow clients to certify the origin of its tuna range using blockchain technology.Tins…
Bitcoin Rewards App Lolli Partners With Major US Pet Store Chain
Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco.The rewards deal with PetcoLolli announced the new partnership in an official blog post on Aug. 23. In the announcement, the company notes that there are two new veins of rewards…
UK FCA buys another 9 months to review crypto companies’ registrations
The Temporary Registrations Regime's end date for crypto companies has been pushed to March 2022. The United Kingdom’s Financial Conduct Authority (FCA) has extended the end date of crypto-asset companies’ temporary registration from July 2021 to March 2022.The Temporary Registrations Regime, or TRR, was established last year to enable crypto businesses to continue trading while…
How Luma AI turns crypto memes into viral videos
The trending Luma AI Dream Machine, which turns stagnant memes into moving videos, has reached the crypto community and even inspired similar crypto-centric models.
Opinion: Bots are a critical tool for retail investors
The thing about the future, where robotic super traders battle over micromovements in stock price, is that it’s already here. With access to algorithmic trading bots a click away, we could be seeing the fall of human investors and the triumph of artificial intelligence. Algorithmic trading bots are programmed to buy and sell when they detect…
Future Tesla S&P 500 inclusion may lead to Bitcoin price rally — Analysts
Tesla and Bitcoin price surged higher after recovering from a sharp correction, leading analysts to take a closer look at the BTC to S&P 500 correlation. On Sept. 9 the price of Tesla stock surged 10.92% after undergoing a 21% plunge earlier in the day. Coincidentally, the price of Bitcoin (BTC) also soared by nearly…
Crypto mining can benefit Texas energy industry: Comptroller’s office
Given the unique positioning of the crypto mining market, Texas officials believe miners can participate in demand response programs — which involve turning off miners’ power during peak demand. 124 Total views 9 Total shares The United States filled in the wide gap in Bitcoin (BTC) mining that was left open by China by the…