Coinbase CEO Brian Armstrong believes the United States should not regulate or restrict the development of artificial intelligence (AI) at all, saying that any attempt to mitigate its negative consequences will only slow its progress. “We’ve enjoyed a golden age of innovation on software and the internet largely due to it not being regulated,” said Armstrong over Twitter on Friday.…
“Let innovation happen,” said Kristin Smith, CEO of the Blockchain Association, arguing that rules and regulations surrounding stablecoins and cryptocurrency are often counterproductive. Smith sat down with Decrypt at this year’s Messari Mainnet in New York City to discuss what the digital assets industry is dealing with in regards to the U.S. regulatory environment. Stablecoins are tokens pegged 1:1 with…
Top Stories This Week SEC sees temporary setback in request to access Binance.US software The United States Securities and Exchange Commission has failed to win immediate access to Binance.US’s software, with the judge saying he isn’t “inclined to allow the inspection at this time.” The hearing was held on Sept. 18 to discuss the SEC’s motion to compel Binance to…
Fashion week celebrations aren’t all about the physical anymore. Technology has added a much-needed freshness to London Fashion Week, not to mention a space for young talent. By extending creativity into the boundless digital domain, fashion now breathes with inclusivity, creative freedom, and excitement over the possibilities ahead. Last year, traditional brands went all in Web3, betting on NFTs and…
In the face of ongoing debate among global leaders on how to balance protecting citizens from scams, exploitation, and government infrastructure from cyberattacks while at the same time protecting an individual’s right to privacy, Nym CEO Harry Halpin believes there needs to be a balance between privacy, cybersecurity, and regulatory compliance but said out of touch politicians are standing in…
Why Has Stablecoin Legislation Stalled? Blockchain Association’s Kristin Smith Explains Blockchain Association CEO Kristin Smith joined Decrypt reporter André Beganski at Messari Mainnet 2023 to talk cryptocurrency regulation, the status of pending stablecoin legislation, and why Congress has struggled to reach consensus. Source: https://decrypt.co/videos/live-events/u1Wj2plr/why-has-stablecoin-legislation-stalled-blockchain-associations-kristin-smith-explains
‘Twitter Is Where Financial Conversation Happens’: Why eToro Partnered With Elon Musk eToro US CEO Lule Demmissie joined Decrypt Markets Editor at Messari Mainnet 2023 to discuss the impact of the recent Ripple vs. SEC court decision on retail traders and why the social trading platform partnered with Elon Musk’s Twitter. Source: https://decrypt.co/videos/live-events/BJ1oWUrl/twitter-is-where-financial-conversation-happens-why-etoro-partnered-with-elon-musk
Illustration by Mitchell Preffer for Decrypt. Prices of leading cryptocurrencies stayed stable over the last seven days. Market leader Bitcoin (BTC) held the fort at $26,569, more or less exactly the same price as last week, while Ethereum (ETH) dropped a slight 2.8% to trade for $1,592. It was another of crypto’s relatively less volatile weeks, which seem to be…
A technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two outer bands or lines and a centerline (the simple moving average for a 20-day period), which enlarges and contracts in response to changes in price. For thorough market analysis, they are frequently utilized in conjunction…
Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets. The coins are worth more than $25 billion at current market prices for BTC. According to Arkham, the exchange’s holdings amount to almost 5% of all Bitcoin that currently exists. Arkham said that Coinbase currently holds a total of 947,755 BTC.…
