SEC shoots down Ripple’s argument for a lower penalty
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs.
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German Government to Introduce Blockchain Strategy in Mid-2019
The chief executive body of the German government, the Cabinet of Germany, has revealed that the country’s blockchain strategy will be introduced by mid-2019. The Cabinet commented on the development of fintech in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag.The document notes that fintech sandboxes are currently…
Ron DeSantis’ falling polls: Could crypto lose its candidate?
Miami Mayor Denis Suarez, who’s running for president of the United States, took a shot at his Republican counterpart in the presidential race, Florida Governor Ron DeSantis. Emphasizing his own support for crypto, Suarez said about DeSantis: “You gotta go beyond just saying that the central bank digital currencies are bad. Everybody agrees on that. That’s
ARK Invest, 21Shares join queue to offer Ethereum futures ETF
The co-filing comes just a week after reports emerged that the SEC is likely to greenlight Ethereum ETF applications. 1103 Total views 3 Total shares Investment firms ARK Invest and 21Shares have teamed up to apply for two Ethereum futures exchange-traded funds after reports emerged last week that the United States securities regulator could soon…
Ex-JPMorgan Exec: Blockchain May Be Key to Avoiding Next Global Financial Crisis
The former vice president of North American investment banking at JPMorgan Chase has said that blockchain “may be the key to avoiding the next global financial crisis," the China Economic Times reports today, July 23. Pang Huadong, currently an honorary academic advisor of the Asian Blockchain Institute, said that his experience at JPMorgan during the…
IBM Watson team leader raises $60M for AI startup Elemental Cognition
The company provides two enterprise chatbot solutions, Cogent and Cora, which are tailored for diverse applications. 271 Total views 12 Total shares David Ferrucci, the artificial intelligence (AI) researcher who led the team behind IBM Watson’s development — the question-answering supercomputer developed by IBM — has raised nearly $60 million for his Elemental Cognition AI startup.According…
‘Where’s the Gratitude, Peter Schiff?’ – Gold Bug Gets Grilled By Bitcoin Proponents
Former Wall Street trader and host of the Keiser Report Max Keiser was leading the backlash against the bitcoin (BTC) naysayers this weekend as the bitcoin price passed $11,000.Using Twitter as a platform, Keiser focused on gold enthusiasts after several claimed that despite its performance, bitcoin was still an inferior bet to the precious metal.Among…
Bitcoin’s metrics suggest bull market is far from overvalued
Despite recent price corrections, Bitcoin's valuation metrics still indicate a bull cycle ahead.
Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’
Abra's CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. 1367 Total views 22 Total shares The co-founder and CEO of major cryptocurrency company Abra is clearly bullish on Bitcoin (BTC).In an Oct. 23 tweet, Bill Barhydt, CEO of peer-to-peer payments platform Abra, claimed that he has significantly increased his Bitcoin holdings…