SEC pushes back against Coinbase's 'overly broad' discovery requests
The regulator claims that Coinbase’s document discovery requests are overly broad and disproportionate to the needs of the case.
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OpenAI launches consumer hardware division led by former Meta AR boss
The division’s new leader has extensive experience developing metaverse hardware.
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Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. 1128 Total views 6 Total shares Malaysia is the latest regulatory theater to come after Binance as authorities in the country have accused the exchange giant of continuing to operate in the country illegally.According to an announcement released on Friday,…
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Samsung, Dutch Bank, Rotterdam Port Send Blockchain-Tracked Shipment
Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1.According to the announcement, the container was tracked via…
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Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia
Facebook-owned messaging service, WhatsApp, is purportedly in preliminary talks with multiple digital payments firms as well as a state-owned bank to launch digital payment services in Indonesia. Reuters reported that they had learned of this development from anonymous sources on Aug. 20. According to the report, WhatsApp is currently negotiating with transportation booking service Go-Jek, mobile…
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Polygon never set out to beat Ethereum: Anurag Arjun, X Hall of Flame
Polygon never set out to slay Ethereum, despite perceptions at the time, says co-founder Anurag Arjun.
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Hong Kong: Purported Bitcoin Millionaire Reportedly Arrested After Making It ‘Rain Cash’
A supposed Bitcoin (BTC) millionaire has been arrested in Hong Kong after “making it rain cash” on the streets, local English-language news outlet the Shanghaiist reported on Dec. 17.On Sunday, a swathe of 100-Hong Kong dollar bills were thrown off a roof in Sham Shui Po, one of the poorest Hong Kong neighborhoods. Wong Ching-kit,…
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Neo Announces New Consensus Mechanism For Its New Mainnet
Chinese-based blockchain platform Neo has implemented a new iteration of its consensus algorithm, the Byzantine Fault Tolerance mechanism (dBFT 2.0), on its mainnet, according to a press release on June 4.The new algorithm purportedly provides immediate transaction finality. dBFT 2.0 includes a new procedure for reintegrating failed nodes back into the network, and also adds…
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US Bitcoin Holders Worry About Chinese Control of the Mining Network
Could China take over the Bitcoin (BTC) ecosystem? It’s a very real possibility, and it could happen very quickly because China controls more than half of the world’s Bitcoin mining operations — upward of 65% of the computing power to mine Bitcoin. No other country is anywhere near that number. Additionally, according to Genesis Mining’s…