SEC's Gensler taken to task over crypto custody guidance again in House hearing
The SEC’s controversial Staff Accounting Bulletin 121 has received a steady flow of criticism since its publication in March 2022.
Posts published by Cointelegraph.com News 352/653
Crypto exchange Kraken plans move into US stock trading: Report
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan.
Bitcoin price holds steady as S&P 500 plunges to 110-day low
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?
SEC's Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
During a hearing on Sept. 27, Emmer hinted that Gary Gensler's Wall Street background limits his impartiality as an industry regulator.
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
British politicians went to the metaverse to discuss the benefits and potential challenges that Web3 technology brings.
Uniswap Foundation targets $62M in additional funding
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects.
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
According to Foundry’s data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high.
Sam Bankman-Fried will likely appear in a suit and tie at trial
The former FTX CEO will have access to 3 full suits, 4 dress shirts, 3 ties, 1 belt, 4 pairs of socks, and 2 pairs of shoes — no hoodies were requested.
Hashkey HK opens AVAX trading with $1M portfolio requirement
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong.
How AI is changing crypto: Hype vs. reality
In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases.
US House committee leadership threatens to subpoena SEC over FTX docs
Patrick McHenry led efforts starting in February to obtain communication records between SEC and Justice Department staff over the arrest of Sam Bankman-Fried.
Binance successor in Russia: Everything you need to know about CommEx, so far
The sale has sparked chatter among local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a “Russian version” of Binance.US.
CBDC frameworks must guard user privacy, monetary freedom of choice - BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC user privacy and maintain monetary freedom of choice.
Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis
From solving Mt. Gox to tracing crypto used by child abuse syndicates in Korea, Chainalysis has a long but sometimes controversial history.
Bitcoin price to $30K in October, says analyst as BTC price climbs 2%
BTC price strength returns ahead of Wall Street trading, with $27,000 in Bitcoin bulls’ crosshairs.
Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council will leverage Near’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India.
Google paves way for AI-produced content with new policy
A subtle change to the description of Google Search’s helpful content system could very well be the beginning of a new era of content distribution on the internet. Something to be embraced or a pause for thought?
Web3’s resilience amidst the bear market: A promising horizon awaits
In the bear market's quiet, there is ample room for ideation, innovation and the laying of a foundation that will not just withstand, but thrive, in the subsequent bull market.
Hong Kong police recover $11M worth of assets in JPEX case: Report
The JPEX scandal has grown to become one of the largest fraud cases in the country, with over 2,300 victims and losses estimated at over $175 million.
Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move
Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the United States.
Curve Finance founder cuts debt to $42.7M, settles entire Aave loan
Curve Finance founder Michael Egorov still has debt of $42.7 million across four protocols including Silo, Fraxlend, Inverse and Cream.
CIA to build its own ChatGPT-style AI bot for investigations: Report
The CIA says it is creating its own ChatGPT AI tool to conduct open-source investigations by analyzing public information.
Binance still struggling to find banking partner in France: Report
The local subsidiary of the world’s largest crypto exchange has suggested that customers convert all their fiat currency on the exchange to crypto.
Writer's Guild strike ends with tentative deal approved, AI key negotiation
The Writer’s Guild strike has come to an end after five months of picketing, with a tentative deal approved for new conditions that include negotiations over AI usage.
Mixin Network offers $20M bug bounty to hackers in $200M hack
Mixin Network suffered a breach in its third-party cloud server database resulting in the theft of nearly $200 million worth of digital assets.
Argentinian oil company to start mining crypto with gas power leftovers
Tecpetrol hopes to reduce environmental impact by avoiding gas emissions and generate some additional profits in the meantime.
Gensler testimony — Crypto enforcement actions driven by “wide-ranging noncompliance”
SEC Chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. Financial Services Committee.
Ethereum OFAC compliance dips to 45% post-Merge upgrade
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase.