Worldcoin, a project aimed at empowering users, is rolling out a new feature called “Personal Custody,” which eliminates the option for users to store their biometric data. Under this initiative, individuals signing up for a World ID will no longer have their biometric data stored and encrypted by default. Instead, the data will reside on users’ devices, giving them full…
Gary Gensler, Chair of the Securities and Exchange Commission (SEC), reiterated his stance on the need for transparency in the crypto markets, suggesting they could benefit from some “disinfectant.” Speaking at the Columbia Law School conference on Friday, Gensler emphasized the importance of disclosures in financial markets, including those related to climate and cyber risks. He argued that disclosures contribute…
Alex Thorn, head of firmwide research at Galaxy Digital, suggests that the approval of spot Ethereum exchange-traded funds (ETFs) in May is now highly doubtful. Recent developments, including SEC subpoenas and a lack of engagement, contribute to this skepticism, Thorn stated in a note on Friday. Reports indicating that the Securities and Exchange Commission (SEC) has issued subpoenas to crypto…
Artificial intelligence startup Anthropic, a competitor of OpenAI, seeks to divest shares previously held by the now-defunct crypto exchange FTX. However, reports indicate that Saudi Arabian investors are not being entertained as potential buyers, as per anonymous sources. Anthropic currently possesses an 8% stake from FTX, valued at over $1 billion. CNBC’s report, relying on undisclosed informants, suggests that Anthropic…
As co-founder Gabby Dizon tells it, Yield Guild Games always aimed to be much more than a guild. The vision was to help other groups of crypto gamers unite, collaborate, and thrive together. It just had to start somewhere. “The biggest problem of any platform starting out is that no one really cares about you, right?” he told Decrypt’s GG.…
At a recent gathering at the Columbia Law School Conference, Gary Gensler, the chair of the U.S. Securities and Exchange Commission, addressed the assembly on the topic of the digital currency landscape. His discourse highlighted the “benefits of mandatory disclosure,” with Gensler humorously alleging that certain “participants in crypto securities markets that seek to avoid […] Source: https://news.bitcoin.com/sec-chair-gensler-calls-for-more-regulatory-sunlight-in-cryptocurrency-sector-at-law-conference/
Worldcoin Foundation, the organization behind the digital asset protocol developed by OpenAI co-founder and CEO Sam Altman, said on Friday that it is open-sourcing “core components” of its Orb technology. In a move meant to foster trust and collaborative development, Worldcoin says anyone can examine the code for its Orb eye scanners. “Open sourcing typically helps to foster trust, transparency…
WisdomTree has achieved regulatory clearance from the New York State Department of Financial Services (DFS) to operate its digital asset business in the state, placing it among a select group of entities approved in one of the United States’ most rigorous crypto regulatory environments. The Bitcoin exchange-traded fund (ETF) issuer obtained a charter to function as a limited-purpose trust company…
The US Securities and Exchange Commission (SEC) has intensified its examination of Ethereum, inadvertently rallying the cryptocurrency community against it. Ripple CEO Brad Garlinghouse confidently stated that the SEC would ultimately lose its battle against Ethereum. In a post on March 22 on social media platform X (formerly Twitter), Garlinghouse highlighted that the financial watchdog failed in its classification attempt…
PRESS RELEASE. [Singapore, Mar 22, 2024] Yala, a project that enables the seamless transfer of Bitcoin liquidity through a meta yield stablecoin, is thrilled to announce a comprehensive brand upgrade. This reflects our commitment to making Bitcoin liquidity universally accessible across blockchain ecosystems, enhancing DeFi liquidity efficiency. The upgrade includes a refreshed branding message, a […] Source: https://news.bitcoin.com/yalas-strategic-roadmap-unveiled-bring-bitcoin-liquidity-across-blockchain-with-a-meta-yield-stablecoin/
