SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry.
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SEC Postpones Decision on Three Bitcoin ETF Rule Change Proposals
The United States Securities and Exchange Commission (SEC) has delayed its decision on three Bitcoin (BTC) exchange-traded fund (ETF) proposals.According to documents published on Aug. 12, the SEC has will put off a formal decision on proposed rules changes by NYSE Arca and Cboe BZX Exchange for three Bitcoin ETFs: by asset managers VanEck SolidX,…
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. 64 Total views 1 Total shares Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and SmartPay president at WonderFi, pointed to areas of concern for crypto firms in…
China’s central bank worried about stablecoins’ risk to financial systems
While Visa and other major private payments networks see the potential of stablecoins, China's central bank believes they pose serious risks to global financial systems. 720 Total views 4 Total shares The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official.Fan Yifei,…
'All governments should track all their spending on blockchain' — CZ
According to data from the International Monetary Fund (IMF), total global government debt now accounts for over $102 trillion.
Bitcoin search interest nears 1-year lows as BTC price slips below $55K
No one seems very interested in Bitcoin despite BTC/USD being barely 15% from all-time highs. 1088 Total views 21 Total shares Bitcoin (BTC) saw a widely-anticipated pullback on Oct. 13 as bulls struggled with February's old all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysts unfazed by BTC price pullbackData from Cointelegraph Markets Pro and TradingView showed…
First ICO mandating buyers to ‘use’ tokens is successful, collects $5M
The average contribution was just over $1,300. A new way of conducting token sales spearheaded by ConsenSys Codefi achieved its first success, with the planned sale of Skale Network tokens collecting just over $5 million.As Cointelegraph reported in February, the Skale token sale was the first to be launched on the Activate platform developed by…
ConsenSys exec joins CoinFund to assist early-stage blockchain firms
“My team will serve as partners who support and guide founders and their teams during their journeys from early-stage to growth-at-scale,” said Vanessa Grellet. 2043 Total views 16 Total shares Vanessa Grellet, a five-year veteran of Ethereum software company ConsenSys, will be joining crypto investment group CoinFund as its new head of portfolio growth.In an…
Ethereum difficulty bomb delayed but network adoption still growing
The difficulty bomb is designed to make mining profitability plummet in order to disincentivize miners ahead of the long-awaited Merge. 119 Total views 2 Total shares Ethereum network developers have decided to delay the difficulty bomb, a major step leading up to the highly anticipated Merge upgrade for the layer-1 blockchain.They set the delay to…