Critics argue that the Fed’s actions represent a significant overreach and could stifle innovation in the rapidly growing cryptocurrency sector. Read More at https://cointelegraph.com/news/fed-action-customers-bank-harris-crypto-reset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Gemini urges CFTC to withdraw proposed rule on event contracts
Gemini co-founder Cameron Winklevoss believes that cryptocurrency prediction platforms offer a level of integrity that other platforms can’t match. Read More at https://cointelegraph.com/news/cryptocurrency-exchange-gemini-united-states-cftc-prediction-markets-polymarket?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC and Ideanomics settle in fraudulent $40M crypto revenue reporting
The Ideanomics case exemplifies the potential consequences of misleading financial practices and reinforces the need for rigorous compliance with federal securities laws. Read More at https://cointelegraph.com/news/sec-settles-ideanomics-crypto-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.” Read More at https://cointelegraph.com/news/venture-capital-crypto-firms-slowing-down-bitcoin-ethereum-returns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023. Read More at https://cointelegraph.com/news/bitcoin-bull-bear-cycle-indicator-price-60k-bullish-cryptoquant-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI offerings are a bad joke, and investors aren't laughing
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn’t stopped them from pushing for massive new investments. Read More at https://cointelegraph.com/news/artificial-intelligence-bad-joke-investors-arent-laughing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
IRS updates draft of crypto reporting form for US taxpayers
The latest draft form eliminated asking US taxpayers the time of day a crypto transaction occurred and identifying the “broker type.” Read More at https://cointelegraph.com/news/irs-crypto-reporting-form-us-taxpayers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Anthropic launches $15K jailbreak bounty program for its unreleased next-gen AI
The program will be open to a limited number of participants initially but will expand at a later date. Read More at https://cointelegraph.com/news/anthropic-launches-15-k-jailbreak-bounty-program-unreleased-next-gen-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Increasing Ethereum network use strengthens the case for ETH price rally to $3K
Surging Ethereum network activity and growing adoption of layer-2 scaling solutions pave the way for an ETH price rally to $3,000. Read More at https://cointelegraph.com/news/increasing-ethereum-network-use-strengthens-the-case-for-eth-price-rally-to-3k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: Massive inflows to exchanges amid market turbulence
This week’s Crypto Biz examines Hong Kong’s crypto ETF market, Morgan Stanley’s green light for Bitcoin funds, Xapo Bank license in the UK, and Core Scientific’s billionaire deal with CoreWeave. Read More at https://cointelegraph.com/news/crypto-biz-massive-inflows-exchanges-market-turbulence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound