US Trustee challenges FTX reorganization plan, citing legal concerns
The objections raised by the US Trustee and the creditor group are likely to play a significant role in the court’s deliberations.
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Erick de Moura argues that on blockchain networks with high fees, some types of decentralized applications don’t survive because users are only willing to part with cash for a few specific kinds. As the race between Ethereum layer-2 networks heats up, users are left with questions about each network’s unique nature, use cases and plan
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them. 356 Total views 2 Total shares Own this piece of history Collect this article as an NFTAccording to former Department of State official Anja Manuel, if the United States isn’t…
Invesco Galaxy applies for spot Ether ETF
Investment firms Invesco and Galaxy Digital allegedly filed for a spot Ethereum ETF with the U.S. SEC on Sept. 29. 172 Total views 2 Total shares Asset managers keep pursuing digital asset products, with Invesco and Galaxy Digital allegedly filing for a spot Ether (ETH) exchange-traded fund (ETF) on Sept. 29. Bloomberg ETF analyst James Seyffart
Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin eerily calm on Fed statementData from Cointelegraph Markets Pro and TradingView showed BTC/USD exhibiting minimal fluctuation as the Fed confirmed what many assumed had already…
OpenAI and Microsoft partner with Humane on wearable AI pin
AI startup Humane launched the wearable virtual assistant AI Pin that is embedded with technology from OpenAI and cloud computing services from Microsoft. 107 Total views 4 Total shares The artificial intelligence (AI) startup Humane released a physical device on Nov. 10 that serves as a wearable AI virtual assistant. The AI Pin is a lapel
Ecosystem is bullish on the Metaverse, no matter what the numbers imply
Despite the reports surfacing of low numbers of unique active wallets on Decentraland, the metaverse hype, investment and development go on. 226 Total views 5 Total shares An initial interpretation of DappRadar numbers on Oct. 11 reported extremely low engagement numbers for Decentraland, one of Web3’s most-hyped metaverses. The numbers shocked the community, as the…
Crypto service Tap Global becomes first 2023 listing on UK stock exchange
The company provides regulated bank accounts and offers crypto purchases through affiliated exchanges. 540 Total views 6 Total shares Own this piece of history Collect this article as an NFTUK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The…
Fireblocks to ‘Bridge the Gap’ Between Institutional Traders and DeFi
Institutional digital asset security platform Fireblocks has announced an integration with decentralized finance (DeFi) lending platform Compound — currently the second-largest application built on Ethereum.Entities storing assets with Fireblocks can now generate passive income by accessing Compound — an algorithmic interest rate protocol currently managing $163 million in interest-earning digital assets including cryptocurrencies and stablecoins.The…