SEC’s Gary Gensler to hold firm on crypto enforcement in Senate hearing
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. Seemingly unfazed by a recent slew of…
Bitcoin will bring global payments out of the ‘fax era’ — Ex-PayPal boss
Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email. While information today can be easily transferred over the…
XRP bucks trend as crypto assets experience 4th straight week of outflows
Solana slid into the outflow column this week as Bitcoin’s outflows streak continued. Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current…
Bitcoin price dips below $25K — Opportunity, or sign of incoming disaster?
BTC’s price peers over the cliff at $25,000. Should investors look for shelter or perceive an opportunity? Bitcoin stands at the edge of a bearish breakdown, with a small possibility…
Sam Bankman-Fried Demands Release From Jail, Says He’s Being Denied Access To Tools Needed To Prepare For Trial
Lawyers for Sam Bankman-Fried refuted the prosecution’s contention that the FTX founder has enough access to a laptop to prepare for his defence and demanded Go to Source
Ripple’s Top Lawyer Slams SEC For ‘Hypocritical’ Appeal
Ripple Labs’ top lawyer said the SEC’s appeal against a landmark court ruling in July in favour of the token XRP is ”hypocritical.” “After years Go to Source
ARK Invest’s Cathie Wood Says Bitcoin And AI Convergence Is Sparking “Explosive Growth“
ARK Invest CEO Cathie Wood says the convergence of Bitcoin and Artificial Intelligence (AI) will spark explosive growth. She made the comments in an ARK Go to Source
Binance Dismisses Parallels With Bankrupt FTX, Says Its Assets Are ”Backed One-To-One”
Binance dismissed parallels between itself and bankrupt crypto exchange FTX and said all its asset are “backed one-to-one.” Despite facing lawsuits, heightened regulatory scrutiny and Go to Source
Bitgamo To Open 75 Crypto ATMS in Europe Next Year
Bitgamo, a crypto-to-fiat exchange based in Luxemburg, said it will open 75 cryptocurrency ATMs across Europe in 2024. Bitgamo says it’s a fast-growing exchange that Go to Source
Bitcoin Price Faces Strain Amid $268m FTX Sales, While Bitcoin BSC Crypto Presale Surpasses $1 Million Mark
The Bitcoin price is languishing around $25,000, but Bitcoin BSC has other ideas as it blasts past $1 million in presale contributions. ‘Bitcoin on BNB Go to Source
FTX Sues LayerZero Labs To Recover $85 Million Transferred Amid Its Implosion, Alleges Firm Took Advantage Of Crisis
Bankrupt crypto exchange FTX is suing LayerZero Labs to recover funds that exited its coffers just prior to its collapse. The defunct exchange is trying Go to Source
Crypto companies form Texas blockchain group to advocate for clear regulations
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. A group of crypto and blockchain firms joined together to create a Texas…
How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Last week, two United States senators unveiled a…
Arbitrum (ARB) falls to all-time low as network usage metrics decline
ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take…
Blockchain could authenticate AI as crypto racks up court victories: Rep. Emmer
U.S. Rep. Tom Emmer told an audience at Permissionless II that things are looking up for crypto and it’s time to concentrate the narrative on innovation. Blockchain could be used…