Spot Ether ETFs ‘unlikely to be dramatic’ but would get steady capital — Binance CEO
Binance CEO Richard Teng highlighted that the spot Ether ETFs could provide a stable and substantial influx of capital over time.
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US SEC Rejects Bitwise Bitcoin ETF Proposal
The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF).In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements. Specifically, regulators stated that the applicants did not meet the necessary requirements regarding…

DNA computing breakthrough could turn living cells into functioning blockchains
Scientists built a DNA computer capable of playing chess.

Bitcoin Wealth Inequality Drops in 2019 Unlike Ether, Litecoin: Report
Bitcoin (BTC) whales may have made headlines this month, but its wealth is more evenly distributed in 2019 — the opposite of major altcoins.That was among the findings of research by Clovr, which analyzed wallets and transactions from various cryptocurrencies in November.Bitcoin majority ownership requirement still topThe results showed that Bitcoin’s wealth distribution has improved…

Brazilian university USP will conduct academic research in the metaverse
The university wants to explore important research questions around psychology, human behavior and augmented reality inside the metaverse. 121 Total views 4 Total shares As reported by the University of Sao Paulo (USP), the metaverse-centric research will be carried out by research groups interested in 3D modeling, psychology and human behavior, and the effectiveness of…

Terraform Labs seeks access to FTX wallets in fraud defense
Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithmic stablecoin in 2022. 202 Total views 3 Total shares Terraform Labs is seeking permission from a judge to subpoena data from bankrupt crypto exchange FTX, claiming the information could help its defense against a lawsuit brought…

New rules could permit Korean gov’t to seize tax evaders’ crypto
South Korea examines ways to expand its tax base, with proposals to strengthen the government’s ability to seize tax evaders’ crypto assets directly from their personal wallets. 498 Total views 4 Total shares South Korean legislators propose to revise tax codes so that tax authorities would be able to confiscate tax evaders’ crypto assets directly…

Countries representing over 90% of global GDP are exploring CBDCs
Governments around the world are pouring more resources into CBDC research and exploratory use cases. Among the major economies, China appears to be pulling ahead and has plans to implement digital-yuan usage during the 2022 Winter Olympics in Beijing. 468 Total views 4 Total shares The quest to understand the opportunities and challenges of a…

Wirecard scandal fallout sees 50% of German staff laid off
730 people from Wirecard’s German offices will be given pink slips. Wirecard has announced it will lay off 730 out of its 1,300 staff in Germany following a $2.1 billion scandal that left the company insolvent in June.According to an Aug. 25 report from Law360, Michael Jaffé, a lawyer and representative of Wirecard's administrator, said…