House lawmakers propose studies on AI in financial services, housing

"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger. 1070 Total views 7 Total shares European Parliament economics committee member Stefan Berger has compared the current situation with FTX to the 2008 financial crisis, using “such Lehman Brothers moments” in justifying the need for regulating…

Decentralized music sharing service Audius has raised nearly $10 million so far. 1568 Total views 19 Total shares Binance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled…

Institutional cryptocurrency exchange San Francisco Open Exchange (SFOX) suggested that Ether (ETH) may not be an altcoin anymore, in its latest market report published on July 24.ETH is more correlated to BTC than other altsIn its post, SFOX suggested that “it may no longer be accurate to classify Ethereum as an ‘altcoin.’” The reason why…

After two weeks of a stupendous rally, Bitcoin’s (BTC) price has largely been flat this week. This is a positive sign as it shows that market participants are not growing nervous before a slew of central bank meetings take place next week. The United States Federal Reserve, European Central Bank and Bank of England are…

The decentralized finance, or DeFi, niche of crypto has boomed in 2020, paying users interest on locked funds (collateral) in exchange for loans. DeFi protocol Aave recently unveiled its second version, V2, adding further potential to the sector. “In DeFi, assets that were being used as collateral were tied up, but now with V2 they are…

Connecting with sports fans has accounted for at least 100 million new users on Crypto.com, according to the firm’s CMO.

A Bitcoin (BTC) whale — an individual investor who holds a large amount of BTC — took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of 2018.A pseudonymous trader known as “Byzantine General,” who shared the data, said:“This whale is a legend. See that big…

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All smart contracts have been paused but users are urged to revoke permissions to the compromised smart contract to avoid any further losses. 14 Total views 1 Total shares The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of…