At the core of the case are how the concepts of fiduciary duty (the obligation to act in the best interest), the duty of care (the obligation to act without negligence), asRead More…
The government should fear AI, not crypto: Galaxy Digital CEO
Mike Novogratz, the CEO of digital asset investment firm Galaxy Digital told investors he is shocked over the amount of regulatory attention for crypto rather than artificial intelligence (AI), a technology heRead More…
Minecraft, GTA may yet change their tune on blockchain: GameFi execs
While several mainstream game studios have taken a noticeable step back integrating blockchain tech, three blockchain gaming executives say it’s only a matter of time before they change their tune. In JulyRead More…
ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day
Cathy Wood’s ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange’s stock after the company received a Wells Notice fromRead More…
‘US has left a vacuum that other countries are eager to fill’: Coinbase
With Coinbase seemingly on the verge of a court battle with the Securities and Exchange Commission (SEC), the firm has emphasized that the U.S. government’s hawkish approach to crypto regulation has “leftRead More…
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
“In the event of a widespread banking panic, which seems unlikely at this time, there will probably be the typical rush by investors into safe assets such as the U.S. Treasury securities.Read More…
‘How did this happen’ — Powell says Fed stumped over the collapse of SVB
United States Federal Reserve Chairman Jerome Powell has conceded that his regulator was blindsided by the sudden collapse of Silicon Valley Bank, despite it being under their watch. In a press conferenceRead More…
First Mover Asia: Blockchain-Enabled SIM Card for Crypto Investors Fuels Conflux Growth; Bitcoin Holds Near $27.3K After Fed Decision
These are set to be built in partnership with China Telecom, the second-largest wireless carrier in China with an estimated 390 million subscribers, as CoinDesk has reported. China Telecom will launch theRead More…
DefiLlama resolves internal strife, sends LLAMA token plans alpaca’n
Decentralized finance analytics platform DefiLlama appears to have resolved the internal conflict within its team that had earlier threatened a “forking” of the platform. Potential trouble at DefiLlama was first revealed whenRead More…
First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle
Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to theRead More…