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Federal Reserve Chair Jerome Powell said there needs to be broad satisfaction with the way Facebook is handling regulatory concerns regarding its forthcoming stablecoin Libra. Powell gave his comments in a hearing before the House Financial Services Committee on July 10.Rep. Steve Stivers asked Powell during the meeting, “if Facebook can’t sufficiently answer your questions…

Bitcoin and crypto institutional product outflows underscore what is becoming a standard September for BTC price performance.

Core DAO contributor Brendan Sedo says it’s a “no-brainer” that most of the $1 trillion dollars of capital in the Bitcoin ecosystem will make its way into sidechains and DeFi. 

OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer. 116 Total views 1 Total shares Nonfungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — that allows creators to blacklist NFT marketplaces that don’t enforce royalties.…

Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director. 2428 Total views 14 Total shares Huobi Global, one of the largest cryptocurrency exchanges by trade volume, has announced the appointment of blockchain industry veteran, Vincent Lau, as the company’s new managing director.Lau previously worked as an executive at…

Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.

Regulation continues to be the primary concern for Bitcoin bulls, especially after the Commodity Futures Trading Commission (CFTC) sued Binance for trading and derivatives law violations. The regulator wants Binance to repay the trading profits, revenues, salaries, commissions, loans and fees it received from US citizens, as well as paying civil penalties for the violations.The…

Tech giant Google has officially rolled out Gemini, its latest artificial intelligence model that it claims has surpassed OpenAI's GPT-4.On Dec. 6, Google CEO Sundar Pichai and Google DeepMind CEO and co-founder Demis Hassabis announced the launch of Gemini in a company blog postThe AI model has been optimized for different sizes and use cases