Binance.US, the American arm of the world’s largest crypto exchange by trading volume, Binance, recently addressed the ongoing legal dispute with the Securities and Exchange Commission (SEC). Despite the SEC’s decision to continue with the case, Binance.US expressed readiness to move forward in the judicial process. The SEC’s allegations surrounding securities law violations have not
Artificial intelligence (AI) has become an integral part of our lives, with various applications ranging from chatbots to content filtering. However, the concept of AI censorship is raising concerns among experts, including Charles Hoskinson, the co-founder of Cardano. Charles Hoskinson highlighted the issue of AI censorship, emphasizing that the alignment training associated with it is
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the connections between historical economic cycles and today’s financial landscape. He highlights the significance of understanding economic patterns from the 1930s to the 1970s in predicting the potential resurgence of the Bitcoin and crypto bull run. Hayes categorizes
In the volatile world of cryptocurrency trading, predictions often vary widely, leaving investors unsure of which direction to follow. The recent analysis of Bitcoin’s price by crypto analyst Alan Santana has painted a starkly bearish picture, forecasting a potential crash in the near future. Santana believes that Bitcoin has not yet bottomed out, pointing to
Silvergate Capital found itself in hot water after settling with the SEC for a hefty $50 million. The SEC accused the company, its subsidiary Silvergate Bank, and two executives of deceiving investors about the strength of their BSA/AML compliance program. In addition, they were accused of failing to adequately monitor crypto customers, including the exchange
The head of Digital Assets Research at VanEck, Matthew Sigel, recently confirmed that the company’s proposal for a Solana spot ETF is banking on Donald Trump winning the US presidency. This move comes amid speculation and uncertainty surrounding the outcome of the upcoming US Presidential elections in November. The deadline for VanEck’s application is set
Circle, a prominent player in the cryptocurrency space, recently made headlines by announcing that it has obtained an e-money license from France. This development positions Circle as the first global stablecoin issuer to comply with the EU’s Markets in Crypto-Assets (MiCA) regulations. This article delves into the significance of this achievement and what it means
The Bahamas are taking steps to increase the adoption of their central bank digital currency, the “Sand Dollar”, by providing access through commercial banks. This move is seen as critical by the Central Bank of The Bahamas to raise adoption rates for CBDCs and mobile payments. Governor of the Central Bank of The Bahamas, John
A recent analysis by a crypto expert has brought to light a promising technical pattern in the Cardano price movements. This pattern suggests the possibility of a substantial rebound in the near future. This positive outlook has been further supported by another analyst who believes that Cardano may have already hit its lowest point and
Recently, Keith Gill, also known as “Roaring Kitty,” made headlines for his involvement in the GameStop stock market frenzy that occurred in early 2021. However, Gill is now facing securities fraud claims as a class-action lawsuit has been filed against him in the Eastern District of New York. The lawsuit alleges that Gill engaged in
