SEC settles with trading firm over $4M ‘AI-washing’ scheme

Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There were only 11 stablecoins on the market in 2016, and another 10 were added…

Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness. 313 Total views 6 Total shares Johnny Ng, a member of the Legislative Council of Hong Kong, took to social media on Sept. 15 in response to comments made by Ethereum

Bitcoin (BTC) and cryptocurrencies are used as a speculative investment tool and not money, a report by United States think tank the Congressional Research Service (CRS) claimed on May 10.As part of an investigation into cash usage in the U.S., the report, dubbed “The Potential Decline of Cash Usage and Related Implications,” appears to forecast…

The total market capitalization of the cryptocurrency market surged past $1.55 trillion on Dec. 5, driven by remarkable weekly gains of 14.5% for Bitcoin (BTC) and 11% for Ether (ETH). Notably, this milestone, marking the highest level in 19 months, propelled Bitcoin to become the world's ninth-largest tradable asset, surpassing Meta's $814 billion capitalization.Despite the

Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance.The selloff appears in the wake of the Federal Reserve's hawkish policy and the uncertainties in the crypto market led by Terra, an algorithmic stablecoin project whose…

Digital asset management giant Grayscale registered over $254 million in total investment into its products in the third quarter of 2019.In its Digital Asset Investment Report for Q3 2019, Grayscale provided details on the inflows into its products for the period from July 1, 2019 through Sept. 30, 2019.The third quarter of the year marked…

Formed in 2014, Coin Center was the first non-profit to focus on defending the independence of decentralized blockchain networks and cryptocurrencies in front of regulators in the United States.Peter Van Valkenburgh was one of the first hires at the fledgling think tank, coming on as director of research in 2015. He recently spoke with Cointelegraph…

After CryptoKitties proved to be successful in the mainstream limelight in 2017, a surge of digital collectibles built on blockchain technology ensued. This rising trend made it pretty clear that blockchain and gaming make a perfect match.While blockchain technology provides a reliable reward system for players to collect digital collectibles making the game worthwhile, the…