China enacted a number of economic stimulus initiatives to bolster its stock market, but will there be a down-the-pipeline impact on Bitcoin? Source: https://cointelegraph.com/public/index.php/news/china-fires-up-the-printer-how-will-it-impact-bitcoin-price
Month: August 2023
Hong Kong’s first licensed retail crypto exchange HashKey eyes 2024 bull run
Hong Kong retail cryptocurrency traders now have access to a locally based cryptocurrency exchange after HashKey took its retail trading services live to users in China’s special administrative region on Aug. 28. The company was previously permitted to serve professional and institutional investors, before being granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on…
Ben Armstrong Calls Allegations by BitBoy Crypto Network ‘Diabolical,’ Levels Own Claims Against Company
BJ Investment Holdings, the parent company of Hit Network and BitBoy Crypto, removed crypto personality and YouTuber Ben Armstrong from the company this week, claiming Armstrong was suffering from substance abuse and alleged that he caused “emotional, physical, and financial damage.” Tonight, Armstrong says the conflict is “far from over.” This difficult decision is a culmination of a prolonged effort…
Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
The SEC may have a limited window to appeal the court decision, while Grayscale could move forward with an amended application for its spot Bitcoin exchange-tra… Source: https://cointelegraph.com/public/index.php/news/grayscale-wins-court-battle-what-does-this-mean-for-spot-bitcoin-etf
EOS secures regulatory approval in Japan, will trade against yen
The EOS token has been granted whitelist approval by Japan’s crypto regulator, paving the way for the token to be traded against the Japanese yen on regulated exchanges in the country. In an announcement sent to Cointelegraph, the EOS Network Foundation (ENF), which currently supports the development of EOS, announced that the token has received whitelist approval from the Japanese Virtual…
SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
Analysts say the best-case scenario for crypto is that the Securities and Exchange Commission approves the batch of spot Bitcoin ETFs, but the agency may exerci… Source: https://cointelegraph.com/public/index.php/news/sec-decisions-on-seven-bitcoin-etfs-in-six-days
British MPs call on government to scrap AI exemptions that hurt artists
A British parliamentary committee is pressuring the government to axe plans that would allow artificial intelligence developers to freely train their systems on existing works of music, literature and art. In an Aug. 30 report, the Culture, Media and Sport Committee warned the government’s original plan to exempt text and data mining by AI from copyright protections “risks reducing arts…
Binance launches crypto-to-bank account payment product in Latin America
Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region. On Aug. 30, Binance said it’s working with licensed transfer processing providers for its new “Send Cash” product that allows users from nine countries to transfer crypto funds directly to bank accounts. The new function is available…
SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week
The United States Securities and Exchange Commission is facing its first deadlines to decide on seven new Bitcoin (BTC) spot exchange-traded fund applications with the latest being Sept. 4 amid its defeat to Grayscale Investments in a U.S. federal appeals court. Investment firm Bitwise will learn if its ETF will win the SEC’s approval on Sept. 1 while BlackRock, VanEck,…
Twitch Chat Hivemind Played World of Warcraft—And Just Maxed Out a Character
Alex Labat, a former news anchor turned Twitch streamer “Labat,” has developed a feature for his viewers called Twitch Plays World of Warcraft (WoW), where his chat room members can control one of his characters in Blizzard’s hit fantasy game World of Warcraft using various text commands. The Twitch chat successfully reached max level with the character “Twitch Plays Jenkins”…