Month: June 2024

The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The FSB also reviewed progress on implementing its global regulatory framework for crypto asset […] Source: https://news.bitcoin.com/financial-stability-board-emphasizes-need-for-global-crypto-regulation-to-prevent-arbitrage/

We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports A month-old DJT meme coin on Solana is seeing a flood of trading activity and a massive price spike as Crypto Twitter zeroed in on unsubstantiated…

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Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth in its network, which is in turn driven by bitcoin’s unique scarcity feature, as well as the monetary and fiscal policy cycle, […] Source: https://news.bitcoin.com/fidelitys-director-of-global-macro-sees-bitcoin-as-exponential-gold-on-store-of-value-team/

Runway, the AI company known for its popular generative video tool, has unveiled its latest iteration, Runway Gen-3. The new model, which is still in alpha and not publicly available, was showcased through a series of sample videos that appeared to show a significant leap forward in coherence, realism, and prompt adherence when compared to the currently available Gen-2. The…

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The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges Binance and Coinbase. SEC’s Crypto Enforcement Unit Leader Departs […] Source: https://news.bitcoin.com/secs-crypto-enforcement-unit-chief-departs-after-9-years/

A Florida woman was sentenced to six years in prison after her company passed off an ”inert, non-functioning” medical implant as a way to provide pain relief wirelessly, the U.S. Department of Justice announced on Monday. Laura Perryman, former CEO of medtech company Stimwave, was indicted for selling a surgically implanted receiver for $16,000, which law enforcement officials say “was…

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The makers of OpenSeason, a crypto-themed battle royale shooter game built around Ethereum NFT access passes, announced details Monday for the studio’s upcoming token airdrop to players—and revealed that the giveaway is coming this week.  At some point this week, holders of Fractional Uprising Studios NFT membership passes—which are currently required to play OpenSeason—will automatically receive some portion of the…

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JPMorgan analysts have raised concerns about the sustainability of the $12 billion year-to-date inflow into crypto assets, given the current high bitcoin prices relative to production costs and gold. The substantial inflows this year have been primarily driven by spot bitcoin exchange-traded funds (ETFs). However, much of this inflow represents a shift from crypto wallets […] Source: https://news.bitcoin.com/jpmorgan-questions-sustainability-of-12-billion-crypto-inflows/