Jack Dorsey’s Block to use 10% of Bitcoin profit to buy BTC every month
Block, Inc. co-founder Jack Dorsey told shareholders its Bitcoin-buying plan, saying its an “investment in a future where economic empowerment is the norm.”
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SEC’s Cryptomom Proposes Safe Harbor Framework for Token Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects.After initially floating the idea in August 2019, Peirce has now formally presented a regulatory vision that would create a safe harbor for projects that raise funds to build decentralized networks.Peirce proposes to provide decentralized network developers with…
BTC starts 2022 all over again — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week and a new quarter as if it were starting the new year — at just over $46,000.In what will seem like some serious deja-vu for hodlers, BTC/USD is at practically the same level it was on Jan. 1, 2022.Price action has been quiet — too quiet, perhaps — in…
Tether CTO: Terra wasn’t a rug pull, it was a poorly designed ‘castle of cards’
“It was clear to me, it was clear to many that I know that it was a bad idea,” said Tether and Bitfinex CTO Paolo Ardoino. 646 Total views 24 Total shares Tether and Bitfinex CTO Paolo Ardoino said that the Terra (LUNA) project was not intended to be a rug pull, but was simply…
Crypto enthusiasts are wrong to target Gary Gensler
The animus of the entire crypto world is focused on Securities and Exchange Commission Chair Gary Gensler.Critics argue that he paints cryptocurrencies with too broad a brush. They argue that he gaslights well-meaning entrepreneurs by encouraging them to “come in and register,” knowing his process is set up for them to fail. They argue he…
JPMorgan Chase launches AI tool for research analyst tasks
JPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division.
Polygon calls on EU lawmakers to address smart contracts in Data Act
The project claims that the bill, as currently written, could “substantially inhibit innovation and economic growth” in the EU. 1308 Total views 10 Total shares Own this piece of history Collect this article as an NFTPolygon Labs, the core company behind the development of Ethereum layer-2 scaling solution Polygon, has called on policymakers in the…
Bloomberg: Bitcoin ‘has had a tendency of adding zeroes to its price’
Bitcoin may take twice as long to get to $100,000 than previously surmised. 2167 Total views 6 Total shares In its latest crypto newsletter, Bloomberg observes that Bitcoin (BTC) "has had a tendency of adding zeroes to its price," noting that the asset previously went from $1,000 to $10,000 in less than four years. Maturation…
The dams are open: Spot Bitcoin ETFs harness $20B after 4th consecutive day of inflows
Spot Bitcoin ETFs have had four consecutive days of inflows, resulting in over $20 billion in cumulative flows since their launch in January.