SEC settles with trading firm over $4M ‘AI-washing’ scheme
The SEC alleged that Rimar LLC’s executives overstated the AI capabilites of
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Top 5 cryptocurrencies to watch this week: BTC, ETC, LUNA, KLAY, AXS
Bitcoin (BTC) is facing a stiff challenge from the bears near the $48,000 mark. As Cointelegraph reported earlier, the buy and sell levels show that sellers on Binance have held their ground at $48,000.PlanB, the creator of the stock-to-flow Bitcoin price model, said if Bitcoin manages to close August above $47,000, the year-end "worst-case scenario"…
SEC to drop investigation into Ethereum: Consensys
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet.
Coinbase to Custody FTX’s Exchange Token
Coinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. 2597 Total views 77 Total shares Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22.Coinbase Custody will comprise the primary custodian…
Why Not Pay Sources for Stories? — Asks Blockchain Media Startup
Tel Aviv-based media outlet BLOCKTV announced details of a tokenized rewards system to incentivize sources to share exclusive news tips. This comes after BLOCKTV revealed that its native token, BLTV, would be listed on the Bittrex Global exchange on Nov. 21.BLOCKTV CEO Aviram Elad told Cointelegraph:“We see the BLTV token as a solution to fix…
Natwest Bank Launches R3 Corda Blockchain-Based Syndicated Lending Platform
U.K.-based bank Natwest will integrate a new blockchain platform based on R3 Corda technology for use in the syndicated loans market, financial news platform Mondovisione reports today, October 18.The new platform, dubbed “Fusion LenderComm,” was developed by blockchain consortium R3 and fintech enterprise Finastra, and aims to streamline the global market for syndicated loans —…
National Futures Association adds rules for members handling digital assets
The CFTC-linked self-regulatory organization (SRO) has disclosure rules for members engaging in activities with BTC and ETH; now, standards of conduct are being added. 206 Total views 10 Total shares Own this piece of history Collect this article as an NFTThe National Futures Association (NFA), the United States self-regulatory organization for derivatives markets, has issued…
GEM Digital commits $50M to ParallelChain Lab for L1 protocol development
As a proof-of-stake layer-1 protocol, ParallelChain intends to deliver an architecture that operates in confidentiality while allowing to validate transactions. 325 Total views 6 Total shares Digital asset investment firm GEM Digital Limited (GEM) has committed $50 million to finance ParallelChain Lab following the launch of its mainnet and native token listing, XPLL, in Q4…
Tether Catching Up With BTC and ETH in Payments, Bloomberg Reports
Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH).As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered the rapid increasing of popularity of Tether — a stablecoin pegged 1:1 to a United States dollar — as a means of…