Judge Analisa Torres has granted a request from the United States Securities and Exchange Commission (SEC) to leave to file an interlocutory appeal in its case against Ripple Labs. The securities regulator sent a letter to Torres on Aug. 9, saying her decision could affect multiple pending court cases. According to United States laws, an interlocutory appeal occurs when a…
Grayscale Investments highlighted on Thursday that its ETF team is expanding as a widely anticipated decision in its lawsuit against the Securities and Exchange Commission (SEC) could soon be reached. “Our ETF team is hiring,” Grayscale said on Twitter, tacking on a set of eyes emoji. The two positions, a product specialist and senior associate to assist its ETF team,…
BTC price still has “heavy support” at the $28,000 mark, with confidence still in place that Bitcoin can avoid a deeper retracement. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-support-levels-watch-btc-price-aims-28k
Users will still be able to deposit and withdraw after the deadline, but trading will be suspended. Source: https://cointelegraph.com/app/public/index.php/news/breaking-coinbase-to-suspend-usdt-trading-for-canadian-users
Cryptocurrency exchange Coinbase will suspend trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users beginning August 31. In an August 17 email notice to users, Coinbase said that “we regularly monitor the assets on our exchange to ensure they meet our listing standards,” and based on its review, trading of the aforementioned stablecoins will no longer be available…
Chinese tech titans are charging full steam ahead in the artificial intelligence (AI) arms race, unveiling ambitious plans and generative models intended to challenge Western giants. Tencent, the Shenzhen-based gaming and social media behemoth, revealed this week that it will launch its own proprietary foundation model later this year, claiming it will rank among the best in China. Tencent has…
The price of leading cryptocurrency Bitcoin today sank below $28,000 per coin for the first time in nearly two months. The largest cryptocurrency by market cap is trading for $27,765 as of this writing, according to CoinGecko, a 24-hour drop of more than 4%. Bitcoin had soared to $31,000 in June, a run triggered by the world’s biggest asset manager…
Many customers at defunct crypto lending firm BlockFi have reported being able to withdraw funds for the first time in months following an order from a United States bankruptcy court. In an Aug. 17 update on X, BlockFi said it had opened withdrawals for wallets of eligible users in the U.S. in accordance with a bankruptcy court order. The lending…
Lex Sokolin is betting big on the Fourth Industrial Revolution, or rather, how all the heady new technologies of today will shape tomorrow. “We need new words,” he told Decrypt in an interview. “I’ve spent the last four years at ConsenSys in a couple of different roles, first in fintech and then on marketing and then on the crypto economics…
An amusing attempt at satire has drawn the ire of Cardano (ADA) founder Charles Hoskinson, or so it appears. In response to a fan commentary doubting the blockchain’s roadmap and criticizing its supposed similarity to Ethereum (ETH), Hoskinson responded, “it’s getting delusion town now,” and “we are living rent-free in the maxi minds. I pity them,”. Addressing the Ethereum comparison,…
