State regulators from Texas and Vermont have filed a motion objecting to embattled crypto lender Celsius’ plans to sell off its stablecoin holdings. Separate motions from both regulators filed on Sept. 29 argue that there’s a risk the firm could use the capital to resume operating in violation of state laws. The filings come after a Sept. 15 notice from Celsius’…
Month: September 2022
Where Is Venture Capital Investing In Bitcoin? – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Alyse Killeen to talk about what is happening in the VC space in relation to Bitcoin and what hidden gems are ripe for investment right now. Watch This Episode On YouTube Or Rumble Listen To The Episode Here:…
‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations
Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was responding to a Twitter thread posted by Zach on Sept. 29, containing allegations that he profited over $1.2 million through selling tokens from crypto projects which he was allegedly paid to…
Examining Bitcoin’s Role In Palestine – Bitcoin Magazine
This is an opinion editorial by Seth Cantey, an associate professor of politics, and Mohammed Mourtaja, a Palestinian student studying international economics. A debate is taking shape over whether bitcoin can play a role in Palestinians’ quest for freedom from Israeli occupation. It began a year ago, in September 2021, when Chief Strategy Officer at the Human Rights Foundation Alex…
Jack Dorsey Told Elon Musk Twitter Should Be a Protocol ‘Like Signal’
During Elon Musk’s contentious attempt to acquire Twitter, former CEO and co-founder of the birdsite Jack Dorsey told the Tesla CEO that the microblogging platform should be based on an “open source protocol, funded by a foundation.” The suggestion was unearthed as part of the legal discovery process in Musk’s ongoing litigation with Twitter and its Board of Directors, which…
Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’ – Economics Bitcoin News
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in a recession next year. Stanley Druckenmiller: People Just Aren’t Going to Trust Central Banks Billionaire investor Stanley Druckenmiller discussed…
The ‘Brussels Effect’ wields real influence over US crypto regulation
The right to privacy is enshrined in many legal traditions around the world. In the United States, it’s protected by the Fourth Amendment; in the European Union, it falls under Article 8 of the European Convention for Human Rights. While definitions differ between jurisdictions, most of us have a right to a reasonable expectation of privacy for our correspondence, in…
Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi
Prasanna Loganathar of Cake DeFi: Biggest Misconception About Crypto Is It’s Less Safe Than TradFi Prasanna Loganathar is the head of engineering at Cake DeFi, which is built atop DeFi Chain, a proof-of-stake network for dapps built on a fork of the Bitcoin blockchain. He tells Decrypt’s Jason Nelson in our Decrypting Mainnet booth at Mainnet 2022 (sponsored by DeFi…
Building Bitcoin Communities In Philippines – Bitcoin Magazine
This is an opinion editorial by Dustin Watchman, founder of the bitcoin community educational group Cloud 21 Siargo. What if we could recreate the elements of a big city that we all love but on a much smaller scale? What would those elements be that we would seek to replicate? For much of history, cities have been places that provide…
Citadel CEO Ken Griffin Says Inflation May Have Peaked — Warns a Recession Is Coming – Economics Bitcoin News
Citadel CEO Ken Griffin says inflation may have peaked but a recession is coming. “We’re in a very uncertain time for investors,” the executive cautioned, adding that the Federal Reserve “is grappling with a level of inflation we haven’t seen in a long time.” Citadel’s Ken Griffin on U.S. Economy, Inflation, Recession, and Cryptocurrency Kenneth Griffin, founder and CEO of…