Why is SEC Chairman Gary Gensler playing hardball with crypto?

In between the doom and gloom, there are indicators pointing to this new regulatory reality as a potential setup for digital asset laws down the line. Regulatory Clarity Incoming On Sunday, September 26th, U.S. House of Representatives Speaker Nancy Pelosi stated with some degree of confidence that the $1 trillion infrastructure bill will finally pass …

How the tiniest of errors resulted in an $80 million loss for Compound Finance

Compound Finance rolled out Proposal #62 on Wednesday to implement “Dynamic COMP reward distribution,” and patch a number of minor bugs. However, soon after executing the upgrade, Compound Labs reported “unusual activity,” resulting in some users being able to claim more $COMP tokens than allowable. 🚨 Unusual activity has been reported regarding the distribution of …

The ARwards: The Official OVR Contest for Content Creators

sponsored Following the announcement of a few days ago, the decentralized multiverse platform OVR, which unites the physical and virtual worlds through Augmented Reality, has launched “The ARwards” contest open to all creators who are looking for an opportunity to gain wide visibility and possibly win interesting prizes. First of all, The ARwards is completely …

Dogecoin Co-Founder Suggests an Ethereum Bridge to Doge and Compatible NFT Markets

Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network The popular crypto asset dogecoin (DOGE) has gained a whopping …

Former Federal Prosecutor: There’s Much More to Crypto Than Financial Use Cases, Regulation Cannot Be One Size Fits All

Former federal prosecutor Katie Haun says that regulators really need to take stock of the fact that we’re beyond just financial use cases of cryptocurrency. “There’s much more to crypto than that,” she said, adding that “Regulation cannot be one size fits all.” Haun further said that crypto is not the Wild West and the …

SEC Chairman Gary Gensler Looks Forward to Review of Bitcoin Futures ETF Filings

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explains that some laws provide “significant investor protections” for exchange-traded funds (ETFs), including those seeking to invest in bitcoin futures. He looks forward to seeing the SEC’s review of such filings. SEC Chairman Looks Forward to Staff’s Review of Bitcoin Futures ETF Filings …

Bitcoin daily transaction volume hits $29 billion ATH, what does this mean?

Researcher Kevin Rooke noted that daily transaction volume on the Bitcoin network hit an all-time high of $29 billion on Sunday. Rooke also pointed out that there have only been 5 days in Bitcoin’s history when the network settled above $20 billion. Three of which occurred this week. Source: @kerooke on Twitter.com But what does …

MetaMask challenger XDEFI Wallet secures $6 million to scale its next-generation DeFi wallet

XDEFI Wallet, a next-gen browser wallet, is proud to announce a $6 million round led by Mechanism Capital with participation from DeFiance Capital, Alameda Research, Sino Global Capital, Animoca Brands, Morningstar Ventures, CoinGecko, and some of the world’s top DeFi users including, Darren Lau (The Daily Ape), Mark Zeller (Aave), Scoopy Trooples and Mariano Conti. …

1inch geofences US IP addresses, says new product for the American market is in prep 

The popular decentralized exchange (DEX) liquidity aggregator 1inch has been restricting US trades since April, but the network has only recently added a technical layer to control its terms of use compliance. By combing through token prices across the leading decentralized exchanges (DEXes), 1inch is designed to find the most lucrative swapping deals for users. …

Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’

Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized. And young people want their own financial system. So it is here to stay.” Billionaire Investor ‘Very Bullish’ on …

Solana-Based DEX Soldex AI, CEO John Robertson Explains the Impact

sponsored One of the backbones of crypto market in today’s world are decentralized exchanges that took the world by the storm in recent years. And as the crypto exchange market is moving and developing rapidly, it is absolutely no surprise that the exchanges have to evolve in accordance. Therefore, today, The CEO of Soldex.ai, John …

Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto

On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will …

DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome

One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will feature superheroes …

Paying for Taco Bell with Dogecoin (DOGE) could soon become a reality

Per a Bloomberg report, the next time you might be buying a Taco Bell, you could be able to make payment for your order using the popular meme coin, Dogecoin, or other popular large-cap cryptocurrencies. Verifone and BitPay partner for crypto pay out machines According to the report, BitPay Inc, a leading crypto payment processor …

Twitter shares sneak peak of NFT verification tool

After introducing the Bitcoin tipping feature on its platform over a week ago, Twitter announced it was also working on the NFT feature. This is no joke, as a developer in the giant microblogging company today shared a sneak peek of the said feature, indicating that the platform would see NFT verification soon. As promised, …

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