Nvidia claims breakthrough on path to GPU-based quantum computing
Quantum annealing systems could impact the finance and blockchain industries in a major way.
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Ronaldinho fails to testify in crypto scam probe, faces possible arrest in Brazil
The investigation centers around Ronaldinho's company '18kRonaldinho', which promised clients daily profits of over 2% through crypto investments. 423 Total views 7 Total shares Brazilian soccer star Ronaldinho Gaúcho could be detained by authorities to testify over a crypto fraud investigation in Brazil. According to local media reports, Ronaldinho failed to appear before the country's…
Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts
“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. 1832 Total views 5 Total shares Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart…
SEC brought 56 cases against crypto-related firms during Jay Clayton’s tenure
The SEC summarized its efforts on combating crypto misconduct as its chairman is set to step down by the end of this year. 489 Total views 7 Total shares The United States Securities and Exchange Commission has brought 56 enforcement actions against initial coin offerings, blockchain and digital asset-related companies since July 2017.On Nov. 16,…
Research Shines Light on Questionable Practices From Crypto Exchanges
New analysis of the top 10,000 Ether wallet addresses certainly paints a very bullish picture for Ethereum as it moves towards Proof-of-Stake consensus. However, it also suggests that some highly questionable practices are being employed by certain major cryptocurrency exchanges and Ether (ETH) whale accounts.The Poloniex/Tron axisAccording to the report’s author, Adam Cochran, when Circle…
Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch
Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors.One crypto that managed to flash green on June 12 is the Nervos Network (CKB), an open blockchain protocol designed for universally accessible decentralized applications (DApps). Data from Cointelegraph Markets Pro…
Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now
The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the regulator's case against it. 495 Total views 2 Total shares Binance CEO Changpeng Zhao played it cool in the hours leading up to the hearing in District of Columbia District Court on Sept. 18, posting
CBDCs Don’t Fix Broken Monetary Policy, Say Execs at Stablecoin Saga
CBDCs promise to speed up existing systems but are unlikely to change the direction central banks have already been taking. 589 Total views 29 Total shares As countries around the world dive into central bank digital currencies (CBDC), many in the crypto industry look forward to what that means for adoption and even lucrative partnerships…
No, Bitcoin is not ‘technobabble’
Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to blockchain, and now, I spend my days writing about decentralized finance versus centralized finance. Some of my old Wall Street friends still run a lot of money in hedge funds,…