The Terraform Labs co-founder has pushed back against the SEC’s request to question him in the United States. Source: https://cointelegraph.com/app/public/index.php/news/do-kwon-sec-extradition-request-impossible-deposition-united-states
Month: September 2023
The Law Must Evolve To Make CBDCs Possible, Says BIS Chief
Outdated legal frameworks are holding the world back from issuing much-needed Central Bank Digital Currencies (CBDCs) according to Agustín Carstens, General Manager of the Bank of International Settlements (BIS). During a speech in Switzerland on Wednesday, the banking chief extolled the benefits that CBDCs could provide the global economy while pleading for world leaders to evolve their laws to accommodate…
Yes, the CIA Is Building an AI Chatbot
The I in AI is now making its way into U.S. intelligence agencies. The CIA announced it has begun creating its own AI chatbot much like the wildly popular ChatGPT. Nameless for now, the tool will be trained on publicly available data and aims to help U.S. spies to quickly verify information. Bloomberg reported that the CIA has teamed up…
Do Kwon says SEC’s extradition request is impossible
Lawyers for Terraform Labs co-founder Do Kwon have requested a federal court to reject the United States Securities and Exchange Commission’s (SEC’s) request to question him in the U.S. over the collapse of the Terra Money ecosystem. In a Sept. 27 filing, Kwon’s legal team said that the SEC’s request to question him in the United States before Oct. 13…
Social Media Sentiment Is Key to Crypto Price Discovery
Social Media Sentiment Is Key to Crypto Price Discovery Sacha Ghebali, Director of Strategy and Business Development at The TIE, says social media sentiment remains a key factor in price movements for major cryptocurrencies like Bitcoin and Ethereum. However, he notes that sentiment has turned more negative lately amid regulatory uncertainty. Ghebali believes events like the Ripple lawsuit ruling significantly…
Meta Quest 3: Everything You Need to Know
Apple is on the verge of releasing its own high-end mixed-reality headset, but the current leader in the space is still betting on the mass market. The Meta Quest 3 is nearly here, and while it’s pricier than the previous model—thanks to a bevy of upgrades—it’ll still sell for a fraction of the price of the Apple Vision Pro. Meta…
Bitcoin miner Marathon mines invalid block in failed ‘experiment’
Bitcoin mining firm Marathon Digital has confirmed it mined an invalid Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations. In a Sept. 27 post, Marathon said it utilizes a small percentage of the firm’s hashrate toward these experiments and stressed they weren’t trying to alter the network in any way: “In no way was this experiment an…
On-Chain Gaming Poised for Mass Adoption
On-Chain Gaming Poised for Mass Adoption Jack O’Holleran is CEO and co-founder of SKALE Labs. He explains how on-chain gaming is ready for the mainstream after overcoming early challenges like high fees and poor user experience. Companies can now build blockchain games that look and feel like traditional games, and scalability improvements allow games to support hundreds of millions of…
Base as a ‘Bridge, Not an Island’
Base as a ‘Bridge, Not an Island’ Coinbase’s Jesse Pollak, creator of layer-2 blockchain Base, says the launch of the network has exceeded expectations, even if plans changed along the way. He believes Arbitrum One will help bring billions onto blockchain by enabling seamless user experiences. Stacy Elliott interviewed him at Messari Mainnet 2023. Source: https://decrypt.co/videos/interviews/oZPr7bzY/base-as-a-bridge-not-an-island
Explosive Growth Ahead for Enterprise Blockchain
Explosive Growth Ahead for Enterprise Blockchain Paul Brody drives Ernst & Young (EY) initiatives and investments in blockchain technology across consulting, audit, and tax business lines. He says enterprise blockchain adoption is nearing an inflection point. Brody believes blockchains will one day handle 40 billion transactions daily across industries like automotive and pharma. Stacy Elliott interviewed him at Messari Mainnet…