The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law. SEC Chair Gary Gensler’s comments were made in response to reports that Tom Farley, a former president of the New York Stock Exchange, is now in the running…
Assassin’s Creed and Rainbow Six Siege publisher Ubisoft is pushing further into blockchain gaming—this time to create a “Web3 gaming experience” with crypto infrastructure and gaming company Immutable. Together, Ubisoft and Immutable are building “a new gaming experience that will further unlock the potential of Web3,” according to a statement. Immutable is the firm behind the Immutable X layer-2 blockchain,…
Ultraviolet (UV) lights were the likely culptit behind the reported vision loss, eye pain and skin issues for at least 15 attendees of Yuga Labs’ ApeFest event in Hong Kong last week, the nonfungible token (NFT) conglomerate has confirmed. On Nov. 5, attendees began reporting eye and skin-related issues after attending ApeFest the day before — which was a free…
Australian crypto exchange CoinSpot has reportedly been hacked for $2.4 million in a “probable private key compromise” over at least one of its hot wallets. According to a Nov. 8 post to his Telegram channel, blockchain sleuth ZachXBT highlighted two transactions entering the alleged hackers wallet. Afterwards, the wallet’s owner bridged the funds to the Bitcoin (BTC) network via ThorChain…
Minnesota Representative Tom Emmer again lashed out at the Biden Administration and SEC Chair Gary Gensler during a session of Congress as the U.S. House passed his appropriation amendment designed to “reign in SEC enforcement abuses against the digital asset industry.” Emmer’s attack came on the same day Gensler spoke at the annual DC Fintech Week conference, and told CNBC…
Bitcoin mining firm Marathon Digital Holdings saw its revenue surge $670% year-on-year in the third quarter of 2023, amid a nearly five-fold increase in Bitcoin production. The results saw Marathon also swing to a quarterly profit, with $64.1 million of net income in the third quarter, according to the firm’s Nov. 8 results filing. The firm partly attributed the improved…
Pro-crypto Congressman Tom Emmer is advancing an amendment aimed at depriving the United States securities regulator from using government funds to go after crypto enforcement. On Nov. 8, Emmer attached an amendment to HR 4664 — the Financial Services and General Government Appropriations Act, or federal budget. The amendment, which has passed unopposed, prohibits the Securities and Exchange Commission from…
The United States Securities and Exchange Commission could approve all 12 of the pending spot Bitcoin (BTC) exchange traded fund (ETF) applications within the next eight days. Bloomberg ETF analysts James Seyffart and Eric Balchunas wrote that starting from Nov. 9 the SEC has a “window” to approve all 12 spot Bitcoin ETF filings — including Grayscale’s conversion of its…
Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect legal analysis and have no basis in law, the regulator has argued. In a Nov. 7 court filing the SEC rebuffed Binance’s earlier bid to toss the regulator’s suit saying no court has adopted Binance’s “tortured interpretation of the law.”…
Google’s full-court press into generative AI continued this week as the tech giant announced that the technology would be coming to the YouTube comment section, adding comment summaries and conversational AI to drive engagement and generate new content ideas. Creating tools for YouTubers has become a cottage industry for third parties, with companies like Tubebuddy, vidIQ, Canva, and TuberTools developing…
