US Treasury: AI brings huge opportunities, risks to financial stability
Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come.
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Ripple’s Xpring Invests in Crypto Wallet Provider BRD to Integrate XRP
Ripple’s investment arm Xpring has invested into cryptocurrency wallet BRD to enable users to hold, purchase, sell and spend XRP tokens through the wallet.Xpring announced the development in an Oct. 11 blog post, noting that BRD — a mobile cryptocurrency wallet, with a reported user base of 2.5 million — will build on the Xpring…

Opulous (OPUL) rallies 785% as fans dig the sound of NFTs in the music industry
There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one NFTs will touch every facet of our lives. Already, developers, artists and corporations are considering the tokenization of all assets and some have…

CFTC and SEC cases against SBF deferred until after criminal trial
Damian Williams, U.S. Attorney for the Southern District of New York pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases. 197 Total views 1 Total shares Own this piece of history Collect this article as an NFTA New York judge has granted a request from prosecutors…

US authorities eager to deter citizens from unregistered crypto exchanges
Many overseas cryptocurrency exchanges would be happy to have U.S. traders as clients, but these days, American residents might as well have a sign around their necks reading “Danger: high voltage!”That’s been the case since Oct. 1, at least, when the United States Commodity Futures Trading Commission filed a complaint against Seychelles-registered BitMEX for soliciting…

Ether Price Drop Shakes DAI Stablecoin Peg, Two Collateral Contracts Closed
The recent Ether (ETH) price drop showed the reliability and weaknesses of the decentralized stablecoin built by MakerDAO, Dai (DAI), and the decentralized finance (DeFi) ecosystem built on top of it.A decentralized stablecoinEthereum-collateralized decentralized stablecoin DAI managed to maintain its peg to the United States dollar as Ether lost over 18% of its value in…

Is the bottom in? Raoul Pal, Scaramucci load up, Novogratz and Hayes weigh in
Some of the highest-profile investors in crypto believe that a crypto market bottom is fast approaching and the timing is right to buy — although one still warns of catastrophic outcomes should prices fall below established support levels. Billionaire Mike Novogratz, the founder, chairman and CEO of digital asset merchant bank Galaxy Digital Holdings told a…

US lawmakers request Justice Dept share CBDC assessment
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch. 255 Total views 11 Total shares Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten…

Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?
TON traders might view the recent dip as a chance to buy low if Durov’s arrest is an isolated incident.