Will Bitcoin ETFs attract more regulatory attention to the crypto industry? We can only hope, because many questions need to be answered. Source: https://cointelegraph.com/app/public/index.php/news/expect-new-crypto-regulations-bitcoin-etfs
Month: September 2023
SEC initiates legal action against FTX's auditor
The SEC alleges that Prager Metis, an accounting firm engaged by bankrupt crypto exchange FTX in 2021, committed hundreds of violations related to auditor indep… Source: https://cointelegraph.com/app/public/index.php/news/sec-lawsuit-prager-metis-audit-ftx
SEC initiates legal action against FTX’s auditor
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against an accounting firm that had previously provided services to the now-defunct cryptocurrency exchange FTX. According to a September 29 statement, the SEC alleged that Prager Metis provided auditing services to FTX without maintaining the necessary independence, as they purportedly continued to offer accounting services, a practice that…
Ethereum Supply Is Starting to Grow Again as Gas Prices Plummet
Supply dynamics in Ethereum are constantly being upended amid this year’s dizzying drop in DeFi, NFT sales, and meme coin trading. Depending on which time frame you are looking at, Ethereum can be deflationary or inflationary: on a seven-day model, Ethereum becomes more scarce, whereas on a yearly framework, it issues more than it burns. What’s going on with the…
In Emerging Economies Like Chile, Worldcoin Is Seeing Strong Success
A shiny, silver orb glints at you outside a metro station in downtown Santiago. What do you do? Form a line, apparently. According to Worldcoin, more than 200,000 Chileans have had their eyeballs scanned by its controversial Orbs. For privacy buffs, this is the next step in the inevitable dystopian future that awaits. But for others, it’s just a bit…
Ether futures ETFs launching, SBF trial to begin, 3AC’s Su Zhu arrested
Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its Bitcoin Strategy ETF will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the first firms to do so…
Paris-Based Mistral AI Enters the Arena with Free and Powerful New Language Model
Mistral AI has unveiled its latest technological marvel: Mistral 7B. The new open-source large language model (LLM) aims to deliver a fusion of power and accessibility and provide a solid alternative to more established players like OpenAI ChatGPT, Claude AI, and Google Bard. The Paris-based Mistral claims its model is extremely powerful and better than its competitors. While evaluating such…
Brazil rolls out blockchain-based digital ID
Over 214 million Brazilians will soon be using blockchain technology for digital identity, the government recently announced. Rio de Janeiro, Goiás, and Paraná will be the first states to issue identification documents on-chain through a private blockchain developed by Serpro, Brazil’s national data processing service. The entire country should be able to issue identity documents through blockchain technology by November…
This Week in Coins: ETF Hype Pumps Ethereum and Bitcoin as Chainlink and Bitcoin Cash Surge
Illustration by Mitchell Preffer for Decrypt. With each passing week, it’s getting easier to talk about crypto’s relative stability compared to its performance in recent history—even just a year ago. A cursory glance at some of the headlines of this column over the year reveals we’ve had more slow news weeks than otherwise in 2023. However, we’ve still come a…
Naomi Campbell Debuts Humane AI Pin at Coperni’s Paris Fashion Week Show
As the debate over the risks and benefits of AI continues to rage, Coperni designers Sébastien Meyer and Arnaud Vaillant weighed in—with a fashion statement. When supermodel Naomi Campbell walked their Paris Fashion Week runway on Friday, she was sporting the Humane AI Pin on a beautifully proportioned pin-striped blazer with dropped lapels. A selection of the other looks followed…