UK Parliament could summon Elon Musk over X operations
Labour MP Dawn Butler wants Musk to discuss the operations of his social media network X and its role in spreading misinformation.
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Web engineers have been working for a long time to determine if there is a way to prove something is true without revealing any data that substantiates the claim. Zero-knowledge proof (ZKP) technology has enabled the deployment of cryptographic algorithms for verifying the veracity of claims regarding the possession of data without unraveling it. These…
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Regulation and risk: Factors driving demand for a euro-backed stablecoin
Stablecoins are a type of cryptocurrency offering investors price stability. The most popular stablecoins are those backed by the United States dollar — the world’s leading reserve currency. Others are less popular and not widely used, so many may not have heard of alternatives if they haven’t searched for them.According to data from the International…
Institutional investors increase their crypto holdings for 5th straight week
Despite the recent selloff in the crypto markets, institutional managers have been quietly turning bullish over the past month. 1957 Total views 32 Total shares Cryptocurrency assets held by institutional managers rose for a fifth consecutive week, a sign that market participants had once again flipped bullish on Bitcoin (BTC) and the leading altcoins. Investment flows…
CFTC reportedly mulling accepting digital assets as trading collateral
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Chinese Cryptocurrency Mining Giant Files for $400 Million IPO in US
Chinese cryptocurrency mining giant Canaan Creative has filed to be a publicly-traded company in the United States. On Oct. 28, Canaan Creative filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) to raise $400 million, while planning to be listed on the Nasdaq under the ticker CAN.Canaan reportedly filed a…
Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
Global regulatory landscapes are once again proving to be a turning point for crypto companies, demanding constant adaptation to navigate shallow regulatory waters across the world, particularly in the United States.In the latest developments, Coinbase and Circle decided to dissolve the Centre Consortium in a strategic realignment driven by demand for regulatory clarity on stablecoins,…