Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the […] Source: https://news.bitcoin.com/sec-regrets-confusion-over-crypto-asset-securities-ripple-and-coinbase-weigh-in/
JPMorgan Chase CEO Jamie Dimon has raised concerns about stagflation despite signs of easing inflation. Dimon highlighted ongoing risks such as rising deficits and government spending that could pressure inflation. The JPMorgan executive warned that the U.S. economy is not yet out of the woods and suggested the possibility of a recession remains significant. Jamie […] Source: https://news.bitcoin.com/jpmorgan-ceo-warns-of-recession-threat-higher-inflation-stagflation/
A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets, can be treated similarly to tangible and intangible property in legal disputes. UK Court Recognizes USDT as Legal Property The High Court of Justice, Business […] Source: https://news.bitcoin.com/uk-court-recognizes-usdt-as-distinct-form-of-property/
While decentralized finance (defi) continues to innovate, it still lacks a critical component that has long been foundational in traditional finance: fixed-income products. I sat down for a great conversation with Jerry Li, co-founder and CEO of Term Structure, who introduced me to the idea of fixed-income products in crypto. Why Fixed-Income Could Be the […] Source: https://news.bitcoin.com/building-a-yield-curve-for-defi/
Polkadot’s relaunched Ambassador program lets the community elect its representatives. In this interview, we speak with William, one of the newly elected Head Ambassadors focused on driving enterprise adoption, who shares his insights and vision for the ecosystem’s growth. Meet William, A Polkadot Head Ambassador Driving Enterprise Adoption Polkadot’s new ambassador program has decentralized, letting […] Source: https://news.bitcoin.com/polkadot-decentralizes-ambassador-program/
According to a recent report, OpenAI is currently trying to raise funds from private investors at a $150 billion corporate valuation. Source: https://cointelegraph.com/news/reddit-user-claims-chat-gpt-initiated-conversation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
In her second play session of her new series, Regina continues playing Spellborne. She tackles the remaining main quests from Spellborne’s Season 1. Regina Takes on Season 1’s Remaining Main Quests: Epic Battles and Mystical Discoveries Last time’s quick recap We kicked off our first live stream of Spellborne, diving into an immersive MMORPG that […] Source: https://news.bitcoin.com/spellborne-unveiling-more-quests-as-the-hunt-continues/
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the […] Source: https://news.bitcoin.com/bitcoins-role-in-defi-evolves-cmc-research-and-footprint-analytics-report/
Bitcoin’s rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins. Source: https://cointelegraph.com/news/bitcoin-staying-above-60-000-may-extend-the-recovery-in-fet-sui-aave-and-inj?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PRESS RELEASE. Rexas Finance (RXS), a pioneer in real-world asset (RWA) tokenization, has just announced the date for its highly anticipated presale, set to begin on September 8th, 2024. With its groundbreaking platform that merges blockchain technology, smart contracts, artificial intelligence (AI), and decentralized finance (DeFi), Rexas Finance is revolutionizing the way assets are managed, […] Source: https://news.bitcoin.com/rwa-tokenization-leader-rexas-finance-rxs-announces-presale-date/
