The United States Securities and Exchange Commission (SEC) has failed to win immediate access to Binance.US’s software in a Sept. 18 hearing, with the judge saying he isn’t “inclined to allow the inspection at this time.” The hearing was held to discuss SEC’s motion to compel Binance to hand over detailed information and make its executives more available for depositions,…
When PayPal unveiled PYUSD last month, it highlighted the stablecoin’s potential for payments on a global scale. But the token’s first transparency report suggests its adoption has a long way to go—despite PYUSD being up against competitors with problems of their own. The company that issues PayPal’s stablecoin, Paxos Trust, said it held $45.3 million in assets backing PYUSD at…
Following weeks of debate about Bitcoin drivechains, a similar project to unlock the network’s programming potential is picking up steam. On Monday, Jameson Lopp—co-founder and CTO of mobile self-custody firm Casa—published a blog post about “Spiderchain,” which he called “yet another proposal for building 2-way pegged sidechains.” A sidechain is a separate blockchain that is tied into the main Bitcoin…
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run. Source: https://cointelegraph.com/public/index.php/news/tom-emmer-crypto-sleeper-issue-2024-elections
Hester Peirce, one of five commissioners with the United States Securities and Exchange Commission (SEC) and an outspoken proponent of crypto, has urged lawmakers and regulators for clarity on digital assets. Speaking to Cointelegraph at the Permissionless II conference in Austin, Texas on Sept. 11, Peirce said she wouldn’t have expected the SEC to be “this far behind” in finding…
Despite crypto prices rising, institutions continue to serve at the behest of the bears, according to the latest report from CoinShares. Bitcoin (BTC) was the most sold digital asset by a wide margin, accounting for 85% of all institutional activity, and marking $45 million worth of outflows. James Butterfill, head of research for CoinShares, considers it the most-loved investment product,…
You can now mine Bitcoin in Minecraft. Decrypt contributor Ryan S. Gladwin shows us how. Satlantis website: https://satlantis.net/ Minecraft server address: play.satlantis.net Source: https://decrypt.co/videos/explainers/z8rit7yN/heres-how-much-bitcoin-we-earned-playing-minecraft
Did you know you can earn Bitcoin by playing Minecraft? Satlantis, a Minecraft server, lets users earn Bitcoin while they play. Players can enter a virtual mining pool that pays out real satoshis (sats) to players every 10 minutes. A satoshi is the smallest unit of measurement for Bitcoin, with each Bitcoin containing 100 million satoshis. According to Zebedee, which…
SoftBank—a Japanese multinational holding company with a $66 billion market capitalization—is hungry for new ways to deploy capital. Following the successful initial public offering (IPO) of UK chip designer ARM, the investment giant is reportedly considering making substantial investments in the AI sector—and OpenAI in particular. SoftBank CEO Masayoshi Son has in fact been actively engaging with artificial intelligence, according…
BTC price gains more than 3% as the week begins, but concerns over open interest “ramping up” almost $1 billion in hours offer a sense of Grayscale deja vu. Source: https://cointelegraph.com/app/public/index.php/news/btc-price-27-4-k-bitcoin-open-interest-grayscale-peak
