Bitcoin price shrugs off bears, but mining stocks take a beating: Report
The crypto mining sector is becoming increasingly competitive, as hash rate shows no sign of slowing down and Bitmain releases a new rig. Go to Source
Month: October 2023
SEC wins default judgment against Thor Technologies and founder
Thor Technologies has been instructed to pay a sum of $903,193.06, which encompasses a disgorgement of $744,555, and prejudgment interest amounting to $158,638.06. Go to Source
Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse
MultiversX announced an array of new features on its xPortal super-app with tools to build next-gen metaverse features on the same day of the Google Cloud partnership. Go to Source
Community reacts to SEC dropping XRP case and LBRY shutdown
While celebrating a new court win in Ripple’s legal battle with the SEC, the community mourns the demise of LBRY, which some say was “regulated to oblivion.” Go to Source
Central Bank of Argentina to introduce ‘digital peso’ bill ‘as soon as possible’
The BCRA has accelerated its work on legislation to implement the CBDC workflow in the country. Go to Source
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions. Go to Source
EU data protection regulators urge anonymity for smaller transactions in digital euro
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.” Go to Source
How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec
Janet Adams, the COO of SingularityNET, said that AGIs falling into the hands of military could pose existential threats to humanity. Go to Source
Prosecutors argue ‘effective altruism’ inadequate in Bankman-Fried case
Bankman-Fried’s legal counsel asserted that this argument lacks relevance and does not absolve the fraud allegations. Go to Source
Bitcoin eyes $30K, XRP price jumps 6% after Ripple’s legal victory
Bitcoin keeps heading higher as BTC price strength flies in the face of a hawkish Fed, but concerns over a retracement are building. Go to Source