Bitcoin’s Narrative Is Shifting Towards Layer-2 Solutions Rich Rhines, original Core DAO contributor and former Coinbase engineer, discusses how the narrative around Bitcoin is shifting in 2023. While Bitcoin remains digital gold, new layer 2 solutionsare emerging to unlock more utility and value from the huge amounts of capital stored in Bitcoin. He says these innovations can benefit Bitcoin holders…
A day after the Writers Guild of America (WGA) approved a tentative deal with the Alliance of Motion Picture and Television Producers (AMPTP) and called an end to its 146-day strike, the members of SAG-AFTRA continue to walk the picket lines looking ahead to their own renewed negotiations. While only one factor in the ongoing talks, artificial intelligence remains a…
Pull your sats out of Minecraft now Back in our July edition, we announced Satlantis, an independent Minecraft server run by the game’s fans, enabled players to earn Bitcoin by completing in-game quests using play-to-earn functionalities. We noted Minecraft developer Mojang’s previous NFT ban and concluded, “Time will show how this integration fairs against the ban.” Time has shown, as…
Gary Gensler admitted in front of the House Financial Services Committee (HFSC) today that a Pokémon card is not a security in his view, under United States law—but the SEC Chair did not give a definitive answer when asked about whether a tokenized Pokémon card could be classified as a security. New York Representative Ritchie Torres questioned U.S. Securities and…
What a Bitcoin ETF Means for Crypto Adoption: Polygon Head of Institutional Capital Colin Butler, Polygon’s head of institutional capital, spoke with Decrypt reporter André Beganski at Messari Mainnet 2023 about the various reasons big institutions are now tokenizing real-world assets, and what it means for on-chain assets to go institutional in the form of ETFs and other investment products.…
The United States Securities and Exchange Commission (SEC) has delayed reaching a decision on whether to approve or disapprove of spot Ether (ETH) exchange-traded fund applications from ARK 21Shares and VanEck. In separate notices filed Sept. 27, the SEC said it would designate a longer period on whether to approve or disapprove of a proposed rule change that would allow…
Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019. According to a statement from the United States Justice Department, IcomTech promised investors…
ChatGPT can now browse the web and integrate up-to-date information into its responses, according to a Sep. 27 post on X (formerly Twitter) from artificial intelligence (AI) firm OpenAI. ChatGPT can now browse the internet to provide you with current and authoritative information, complete with direct links to sources. It is no longer limited to data before September 2021. pic.twitter.com/pyj8a9HWkB…
Public Bitcoin mining firm Marathon Digital mined an invalid Bitcoin block on Wednesday, causing the firm to miss out on newly minted BTC it would have otherwise earned. Various Bitcoin users and developers including Casa CTO Jameson Lopp identified the invalid block using their own Bitcoin nodes earlier today. Marathon later confirmed that they were in fact responsible. An invalid…
Gary Gensler, chairman of the United States Securities and Exchange Commission, told the House Financial Services Committee hearing on Sept. 27 that he enjoys testifying before the committee. He had well over four hours of that pleasure that day, much of which was devoted to criticism of his agency’s policies and actions. Among the long list of discontents, one of…
