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U.S. Securities and Exchange Commission Chairman Gary Gensler continued to criticize the cryptocurrency industry in a Senate hearing with lawmakers today, but gave no hint as to what direction the regulator will take next. I refused. long list of Bitcoin spot exchange traded fund (ETF) applications currently under review. Sen. Bill Hagerty (R-Tenn.) cited last month's bombshell ruling by a federal judge siding with Grayscale over the SEC and what the agency did in its application to approve the Spot Bitcoin ETF. I asked Gensler if he needed to confirm. Gensler told the Senate Banking Committee on Tuesday that the…
Analytics firm IntoTheBlock has warned that a bankrupt cryptocurrency company holding billions of dollars in digital assets could trigger a cascading rise in prices. IntotheBlock's Lucas Outumuro says in a report that traders are selling off their holdings over fears that now-defunct cryptocurrency exchange FTX could liquidate its massive digital assets worth $3 billion. Stated. Outumuro focuses on Ethereum (ETH) and its rival Solana (SOL), two crypto assets that make up a significant portion of FTX's holdings. “The key factor behind the discretionary sale is likely to be FTX’s planned liquidation of $3 billion in crypto holdings. FTX has not…
New York, USA – Media OutReach – September 6, 2023 – On September 5, Justin Sun, founder of TRON and member of the Huobi Global Advisory Committee, was invited to KBW 2023 to have an in-depth conversation with Ronnie Levi, Client Relations Director at MarketAcross, on the theme of “Asia Rise, Milestones and Innovation”. During the conversation, Sun clarified that despite the aggressive suppression policy of the US, crypto technology remains a global strategic initiative in which all stakeholders will inevitably be involved. Dollar-pegged stablecoins will continue to show strong momentum in Asia, mainly due to the regional regulatory environment.…
The blockchain industry remains mired in the crypto winter quagmire, with pioneering currency Bitcoin (BTC) dropping 11% in price last month. But technologists are racing to shape the future with no sign of stopping. Last week, Rune Christensen of decentralized finance pioneer MakerDAO suggested he was prepared to abandon the Ethereum blockchain ecosystem in favor of rival technologies from Solana and Cosmos as the project seeks its own dedicated blockchain. Separately, Ethereum is considering developing its own “supreme courtArbitrate disputes.”This week's feature focuses on blockchain “sequencers,” a key element of the burgeoning infrastructure for “Layer 2” networks on Ethereum. Sequencers…
The FBI claims that North Korea-linked hackers were behind a $100 million cryptocurrency heist at the so-called Horizon Bridge in 2022.Budrul Cukurt | Sopa Images | Light Rocket | Getty Images“In recent years, there has been a notable increase in the size and scope of North Korea’s cyberattacks against crypto-related companies. This has coincided with an apparent acceleration of the country’s nuclear and ballistic missile programs,” TRM Institute said. I mentioned it in my paper. In June, held discussions with North Korea experts.In its discussion, the TRM Institute said there was a shift away from North Korea's “traditional revenue-generating activities”…
Forex Suggest analyzed the top 50 founders of crypto companies and found that only 6% of them have female CEOs. This highlights a significant disparity in the composition of the crypto industry, which Forex Suggest believes will have a negative impact on the industry in the long term. Despite the industry being male-dominated, some companies have a higher proportion of women in leadership positions. This includes Chainalysis, which has the highest percentage of female leaders (46.15%) compared to any other cryptocurrency or blockchain company. The company's female leaders include CPO Pratima Arora and COO Sari Granat, as well as general…
Key highlights: Different cryptocurrencies have different approaches to managing the creation of new coins Monero developers have chosen a more gradual approach compared to Bitcoin's halving. In May 2022, Monero will enter the tail release phase. The cryptocurrency world is incredibly diverse, and cryptocurrency projects take different approaches when deciding how to create new coins. For example, Bitcoin has a maximum supply of 21 million coins, and the rate at which new BTC is put into circulation is halved during the Bitcoin halving, which occurs every four years. So, while over 18 million BTC have been mined in just over…
In this article, we will talk about the top 15 universities for learning crypto and blockchain technology. If you want to skip our detailed analysis, head straight to the Top 5 Universities for Learning Crypto and Blockchain Technology.Blockchain and Crypto: An OverviewIn the era of rapid technological advancement, blockchain and cryptocurrency are among the cutting-edge technologies that have grasped global attention. Blockchains are used to maintain a decentralized, transparent, immutable, and secure record of transactions. According to a report by Grand View Research, the global blockchain technology market was valued at $17.46 billion in 2023. The industry is expected to reach…
newsEurozone consumer prices rose 5.3% year-on-year in August, on pace with the previous month, defying economists' expectations for an economic slowdown, according to initial estimates from the European Union's statistics office. did.Inflation has slowed significantly since October's peak of more than 10%, but there are signs that some inflationary pressures may persist despite the region's weaker economies. Food inflation was once again the biggest driver of headline interest rates, rising by 9.8% year-on-year on average across the 20 countries that use the euro currency.Energy costs also rose 3.2% month-on-month in August, giving some upward momentum to inflation.Core inflation, which subtracts…
new york CNN — Crypto assets soared in value on Tuesday after a US court cleared the way for the country's first Bitcoin exchange-traded fund. The ruling is a landmark moment for crypto investors and a setback for the Securities and Exchange Commission, which has sought to rein in the digital asset industry. A three-judge panel of the DC Court of Appeals Reversed the SEC's decision to deny Grayscale Investments permission to launch a Bitcoin-focused ETF.The panel said the regulator Failed to adequately explain the reason for the rejection Company application form. “The rejection of Grayscale's proposal was arbitrary and…