House lawmakers propose studies on AI in financial services, housing
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
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New Study: US Dominates Crypto Twitter While Venezuela ‘Most Negative’
Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter. According to a new thread of tweets, published July 3, by crypto data and infrastructure provider The TIE, overall 38.9% of total bitcoin tweets come from the U.S. Another 10.5% come from the UK. The top five countries generating bitcoin…
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Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
Blockchain forensic firm Elliptic says there’s “no evidence” that Hamas is receiving a significant volume of cryptocurrency donations to fund its attacks against Israel.“There is no evidence to support the assertion that Hamas has received significant volumes of crypto donations,” Elliptic said in an Oct. 25 statement. The amounts raised “remain tiny,” the firm added.Elliptic’s
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UAE regulators pave way for crypto and blockchain adoption, says legal expert
While many countries are inclined to simply ban the use of Bitcoin (BTC) and virtual assets, regulators in the United Arab Emirates are taking a different approach. The country has been consistently enacting its vision of becoming a blockchain capital by providing frameworks to guide crypto businesses on how to operate in accordance with the laws.Jurisdictions…
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Elliptic raises $60M to advance crypto analytics service
The blockchain analytics firm have amassed data points on 98% of the market's digital assets. 374 Total views 4 Total shares Cryptocurrency risk management firm Elliptic has announced a $60 million Series C funding round led by Evolution Equity Partners and supported by a panoply of venture capital firms including SoftBank Vision Fund 2, as…
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Hong Kong’s Securities Regulator Issues Detailed Guidance for Security Token Offerings
Hong Kong's securities regulator, the Securities and Futures Commission (SFC) has issued official guidance on security token offerings (STOs), in a statement published on March 28.The guidance aims to clarify the legal and regulatory requirements for parties engaging in STO-related activities. The document opens with a proposed working definition of a security token and sale,…
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Liquid staking is key to interchain security
Bitcoin’s genesis in 2009 will probably go down in history as one of the most notable technological events of all time. Demonstrating the first real use case for the immutable, transparent and tamper-proof ledgers — i.e., blockchain — it established the cornerstone for developing the crypto and other blockchain-based industries. Today, just over a decade later,…
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Top crypto adoption predictions that came true in 2020
Throughout the past decade, a lot has been said about Bitcoin (BTC) and the future of cryptocurrencies. However, 2020 has so far been a defining year for the industry as current events bring to life what was predicted in the past. The world of cryptocurrency has historically been exclusive to Twitter battles and private chats on…