Vancouver mayor plans to introduce ‘Bitcoin-friendly city’ plans
The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
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SEC closes in on settlements with US BitConnect promoters for millions
Four of six U.S.-based promoters of the notorious BitConnect Ponzi scheme have reached settlement agreements with the SEC. 249 Total views 6 Total shares The U.S. Securities and Exchange Commission (SEC) is nearing settlements with four U.S.-based individuals accused of promoting the multi-billion dollar crypto Ponzi scheme, BitConnect.According to Law360, the terms of the settlements…
Researchers identify key circuit layer vulnerabilities in SNARK systems
A study by Imperial College London examined 141 vulnerabilities in SNARK systems, mostly impacting system soundness and completeness.
Bank of America CTO Catherine Bessant: I’m Privately Bearish on Blockchain
A senior executive at Bank of America (BoA) is not bullish on blockchain despite the bank holding more patents than any other finance firm, CNBC reported on March 26.Speaking to the publication in an interview, chief technology officer Catherine Bessant said that even though the bank’s official stance on the technology was palpably buoyant, her…
AI and real-world assets gain prominence in investor discussions
Additionally, discussions concerning cryptocurrency prices have waned due to market volatility and stabilization. 101 Total views 2 Total shares As nations make progress in promoting the expansion of the artificial intelligence sector, market data from Santiment indicates an uptick in conversations among investors and traders regarding the potential of real-world assets and artificial intelligence. At
Three-quarters of circulating BTC last changed hands for less than $10,800
After a recent spike in profit-taking, long-term Bitcoin investors are back to offloading coins at the same rate they were in 2020. 2185 Total views 18 Total shares Research from on-chain analytics provider Glassnode has found that roughly three-quarters of circulating Bitcoin last moved on the blockchain when prices were below $10,800, suggesting most market…
Biden nominee for Treasury Dept will prioritize crypto regulation
"If I am confirmed, I will prioritize implementing that piece of legislation, including new regulations around cryptocurrency," said Brian Nelson. Brian Nelson, U.S. President Joe Biden’s nominee for under secretary for the Department of the Treasury’s division on terrorism and financial crimes, said he would prioritize implementing new regulations around cryptocurrency.In a Tuesday hearing of…