While Lamborghini sports cars are the exotic car make most commonly invoked in crypto, the world’s leading luxury automotive brand is now directly courting HODLers in the U.S. Ferrari, the luxury Italian automaker, is now allowing Americans to buy their luxury sports cars with Bitcoin, Ethereum (ETH), or the USDC stablecoin. The carmaker is partnering with crypto-payment processor BitPay to…
Dismissing the most recent response from the Securities and Exchange Commission to its long-delayed petition on rulemaking, Coinbase is demanding once again that the agency take prompt action on a request it made last year for formal rules on which digital assets count as securities. If the SEC won’t do that, the exchange wants the courts to force the SEC…
Illustration by Mitchell Preffer for Decrypt News of war and persistent inflation brought crypto prices down this week as some investors dumped their riskier assets to hedge themselves against political and economic uncertainty. Last Saturday, the Palestinian militant group Hamas—widely recognized as a terrorist organation—infiltrated the Israeli border and began taking hostages and attacking military and civilian targets. Israel responded…
The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the Bitcoin (BTC) bulls did not…
A new hook available on an open-source directory for Uniswap V4 hooks is sparking controversy within the crypto community. The hook enables users to be checked for Know Your Customer (KYC) before they can trade on a pool. Criticizing the hook, a user at X (formerly Twitter) noted that the hook opens up the possibility of decentralized finance protocols being…
Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough. BTC/USD 1-hour chart. Source: TradingView “Ultra boring” BTC price may yet surprise at weekly close Data from Cointelegraph Markets Pro and TradingView tracked a typically sideways weekend, with BTC price volatility absent prior to the close. Still…
Canon, the Japanese company recognized for its printers and cameras, unveiled a pivotal solution on Friday, Oct. 13, designed to aid in the production of cutting-edge semiconductor components. According to a report from CNBC, Canon’s recently introduced “nanoimprint lithography” system represents the company’s competitive response to Dutch firm ASML, a dominant force in the extreme ultraviolet (EUV) lithography machine sector.…
The bill will mandate cryptocurrency firms to adhere to licensing requirements, maintain financial records, and provide regulators with the authority to conduct… Source: https://cointelegraph.com/public/index.php/news/california-governor-digital-financial-assets-law
The Nigerian Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, revealed on Friday, Oct.13, that the Federal Government intends to grant a sum of $6,444 (5 million naira) each to 45 artificial intelligence (AI) focused startups and researchers. This figure makes a total of $289,980 (225 million naira) being given out for the purpose of AI. This information…
According to a recent report from blockchain analytics firm Chainalysis, Latin America has a distinct inclination toward centralized exchanges when compared to the rest of the world, as opposed to decentralized exchanges. Published on October 11, Chainalysis stated that Latin America has the seventh-largest crypto economy in the world, trailing closely behind Middle East and North America (MENA), Eastern Asia, and…
