SEC’s Gary Gensler is getting irked being asked about crypto
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.
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Ethereum Consortium Launches Token Initiative With Microsoft, JPMorgan Chase, Others
The Enterprise Ethereum Alliance (EEA) has launched a blockchain-neutral Token Taxonomy Initiative in partnership with major firms, according to a press release from EEA on April 17. The initiative will seek to define tokens in non-technical and cross-industry terms in a bid to drive enterprise token adoption at scale.The EEA describes itself “a member-driven standards…
Binance Smart Chain surpasses 1.5 billion lifetime transactions
The world's third-largest cryptocurrency continues to gain traction across the globe. 546 Total views 10 Total shares Binance, the world's largest cryptocurrency exchange by volume, tweeted on Oct. 26 that the cumulative number of transactions on its Binance Smart Chain (BNB) has surpassed 1.5 billion. The network achieved this milestone a mere 14 months after…
New Bill Would Presume Digital Assets Not to Be Securities in California
New legislation in California may help establish definitions of digital assets as securities, though nationwide impact is uncertain. Per new updates to a bill to amend California’s securities law introduced in the state’s legislative body on May 5, the largest economy in the United States and the world’s tech hub may be providing new clarity…
What the media is missing about decentralized autonomous organizations
The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?”Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the…
Binance launches African affiliate program after Uganda subsidiary closes
The world’s largest crypto exchange announced two subsidiary suspensions within one month. 1297 Total views 13 Total shares The world’s largest cryptocurrency exchange is launching a new affiliate program in Africa after announcing the termination of its Uganda-based service.On Nov. 3, Binance officially announced the launch of the Binance Africa Affiliate Program aiming to promote…
Wall Street Journal Creates, Then Destroys Own Cryptocurrency
The Wall Street Journal (WSJ) created and then destroyed its own cryptocurrency in a bid to “understand” the industry, the publication revealed in a mini documentary Wednesday, October 3.WSJ Coin, which journalist Steven Russolillo hoped would shed light on the emerging crypto economy while providing real use cases for the journalism industry, made it to…
SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report
Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency. 1650 Total views 4 Total shares Aerospace technology firm SpaceX reportedly sold roughly $373 million worth of Bitcoin (BTC) it acquired starting in 2021.According to an Aug. 17 report…
Indian Police Warn Public Against Investing in Cryptocurrencies
The police of the Indian state of Jammu and Kashmir have issued a public statement, warning the public against investing in cryptocurrencies, local business news daily the Business Standard reported on Jan. 2.Police reportedly warned the public against the “heightened risk” of investments like Bitcoin (BTC) and reminded investors that cryptocurrencies are not sanctioned by…