Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within “hours” of its first interaction with the regulator.
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What are privacy coins and how do they differ from Bitcoin?
Cryptocurrencies are typically pseudonymous, but not necessarily private. Bitcoin (BTC) and other assets run on blockchains, with each transaction posted publicly online. During a transaction between two or more parties, assets move to different wallets, each represented by a string of characters. With these addresses and transactions visible to all, however, a certain level of trackability…

US official confirms military concerns over China’s access to cloud technology
The confirmation comes as tensions between the U.S. and China continue to rise. 23 Total views 2 Total shares United States undersecretary of commerce for industry and security Alan Estevez recently told reporters at an event in Tokyo, Japan that the U.S. is currently looking to crack down on Chinese access to U.S. cloud-based technologies.Speaking

Don’t be mean to CEXs — Crypto relies on them
Blockchain technology will eventually establish a reliable framework for exchanging value, effectively decentralizing power and financial control. This vision represents a revolutionary paradigm shift that we should wholeheartedly embrace.However, there are certain factors that may hinder this bright future, including the zero-sum nature of the derivatives market. Crypto needs continuous adoption and capital injection to…

Financial System Blind to Crypto’s Deflationary Impact, Says Analyst
Investment strategist William Peets has pointed to a widespread underestimation of the deflationary impact of cryptocurrencies such as Bitcoin and blockchain for global finance.Peets is currently CIO and portfolio manager for digital asset strategies at Passport Capital. In an Oct. 30 interview with Real Vision Finance, he said that blockchain represents a generational change in technology…

3AC wallet buys NFT with 3-year-old offer, zkSync denies insider minting claims: Nifty Newsletter
A wallet owned by the bankrupt hedge fund Three Arrows Capital purchased an NFT via a three-year-old offer.

Stablecoins account for 90% of crypto use in Brazil — Central bank chief
Galipolo also highlighted the regulatory and oversight challenges presented by the widespread use of stablecoins in payments.

Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
Bitcoin (BTC) price finally woke up and surged to a new 2020 high but as the markets surged past $10,000, some traders seem to have opened excessively leveraged long positions. This effect became more noticeable as the funding rate for perpetual contracts reached the second-highest level this year at 12.4% per month.Funding alone shouldn’t be considered…

Swiss canton of Bern votes to study Bitcoin mining feasibility
Bern’s Bitcoin Parliamentary Group is calling the commissioning of the report a victory, although the executive branch is opposed to it.