Tim Draper is a prominent venture capitalist, the founder of Draper University and the creator of the Meet The Drapers television series. He invested early in Tesla, SpaceX and Coinbase and has 254,000 followers on X. “Let me get my second prediction to actually happen, and then we’ll move on to other predictions,” Tim Draper tells Hall of Flame, refusing…
The French telecommunications group Iliad announced on Sept. 26 that it has plans to invest millions to build up the local French artificial intelligence (AI) industry. Iliad said it already invested €100 million – $106 million USD – towards the creation of what it calls an “excellence lab” to be built in Paris that will be dedicated to AI research.…
Stablecoin issuer Circle has joined forces with the Stellar Development Foundation to launch its EURC fiat-backed stablecoin on the Stellar network. Similar to the U.S. dollar-backed USDC—the crypto industry’s second-largest stablecoin— —EURC maintains a 1:1 peg with the euro under a full-reserve model, Teana Baker Taylor, Circle’s VP of policy and regulatory strategy for EMEA announced today during Stellar’s annual…
Coinbase launched Base, its new blockchain, in late July, and it has already become a major player among Ethereum-based layer-2 chains. On Sept. 21, for instance, the chain notched some 677,000 transactions, with 870,163 “new addresses seen,” according to Etherscan. By comparison, Arbitrum, a prominent layer 2 that launched in June 2021, had 925,000 transactions and 54,233 new addresses on the…
We are excited to announce we have received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, we have also successfully registered with the Bank of Spain as a Virtual Asset Service Provider (VASP). These authorizations highlight our ongoing commitment to growing our European business. The EMI license, granted to our subsidiary in Ireland, enables…
Taiwan’s Financial Supervisory Commission (FSC) is moving to improve protections for cryptocurrency investors by introducing new rules. The FSC has formulated the key points of regulating the cryptocurrency market in Taiwan, releasing on Sept. 26 a set of industry guidelines for virtual asset service providers (VASP) operating in the country. In the guidelines, the authority mentioned some common industry-wide rules…
Venezuela was one of the first Latin American countries to establish its own crypto oversight body, the National Superintendency of Crypto Assets (Sunacrip). Now, the government says it will take six extra months to ‘reorganize” the entity, which de-facto stopped its work in March 2023. According to the presidential decree, published on Sept 19, the head of State, Nicolás Maduro,…
A crypto exchange claiming $1.7 billion in daily trades and reporting $1.4 billion of daily trading volume on CoinMarketCap had reportedly displayed false licen… Source: https://cointelegraph.com/app/public/index.php/news/coinmarketcap-listed-platform-hides-license-after-inquiry
The Shanghai Second Intermediate People’s Court in China has reportedly recognized Bitcoin as a unique and non-replicable digital asset while acknowledging its scarcity and inherent value. The Chinese court released a report on Sept. 25 discussing the development of internet technologies. The report noted that with the development of Internet technology, digital currencies such as Bitcoin stand out as unique and non-replicable.…
In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland en… Source: https://cointelegraph.com/public/index.php/news/crypto-exchange-binance-resumes-services-belgium
