SEC wins in killing Kraken’s major questions doctrine defense
A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto.
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Sen. Elizabeth Warren calls crypto the ‘new shadow bank‘
The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. 1071 Total views 12 Total shares United States Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the U.S. government, has called the cryptocurrency industry the “new shadow bank.”In a Sept. 5 interview with…

Broadway’s Biggest Ticket Operator to Use IBM Blockchain Against Scams
Broadway’s largest ticket operator, the Shubert Organization, is integrating a blockchain solution into its business in a forthcoming pilot targeted at combating ticket fraud.The organization, via its Telecharge and Shubert Ticketing division, has partnered with Boston-based startup True Tickets, which offers an IBM blockchain-powered mobile ticketing solution. News of the partnership was revealed in an…

China’s Communist Party eyes blockchain for ‘decentralizing’ social services
Beijing’s strategic vision is to use blockchain technology, artificial intelligence, big data and 5G in social assistance system reforms. The Chinese Communist Party has identified blockchain as a key tool for its innovation of nationwide social services.On Aug. 25, the General Office of the Central Committee of the Communist Party of China and the General…

Brazil: Tether’s New Banking Partner Deltec Suspected of Accepting Laundered Funds
Brazilian law enforcement has solicited the help of Bahamian authorities to investigate suspicious transactions to Deltec Bank & Trust – the recently-announced new banking partner of controversial stablecoin Tether (USDT) – major Brazilian newspaper O Globo reports Nov. 6.As per the report, the Federal Public Prosecutor's Office in São Paulo is on the trail of…

Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin
Ether could drop another 50% against Bitcoin by the end of 2024 after entering a technical breakdown setup.

3 reasons why Avalanche (AVAX) price is up 200% this month
Layer-one blockchain networks like Bitcoin (BTC) and Ethereum (ETH) form the foundation of the cryptocurrency ecosystem and enable smart contract functionality that has allowed the creation of new industries like decentralized finance (DeFi) and nonfungible tokens (NFT).Avalanche (AVAX) is a relatively new layer-one solution that has recently seen a significant increase in price and adoption…

Bitcoin sees first difficulty drop in 2 months as miners sell 8K BTC
Bitcoin (BTC) miners remain under stress at current price levels as data shows large outflows from miner wallets returning.According to on-chain analytics firm Glassnode, monthly miner sales totaled up to around 8,000 BTC in September.Bitcoin miners see heavy salesIn contrast to the June lows, when BTC/USD hit its current multi-year floor of $17,600, miners are…

A minster’s look at healthcare: Providing fertile ground for blockchain innovation
The strain placed on healthcare teams and networks over the past few months has been severe, pushing dedicated medical professionals to the limit as they work tirelessly to combat COVID-19 in communities around the world. The crisis has permeated every facet of society, shining a spotlight on the glaring inefficiencies within the traditional global healthcare…