Tag Archives: News

The SEC’s case against Binance centers on its claim that BUSD was sold as an investment contract, primarily because Binance marketed it as offering yield through reward programs. In a recent development, renowned stablecoin issuer Circle has intervened in the US Securities and Exchange Commission’s (SEC) case against Binance, arguing that stablecoins should not be classified as securities. Circle Defends Binance via Stablecoins The crux of Circle’s argument is that financial trading laws...

Musée d’Orsay will also collaborate with the Tezos Foundation on a series of conferences and educational programs over the next year. The Musée d’Orsay, home to the world’s most extensive collection of impressionist and post-impressionist masterpieces, has embarked on an innovative journey to engage a broader and younger audience by delving into the world of non-fungible tokens (NFTs) and blockchain technology. The move comes after the museum faced challenges in attracting visitors during...

Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds (ETFs). This move, affecting applications from major crypto players such as BlackRock and Invesco, has caused serious discussions among analysts. The unexpected turn of events happened two...

The core concept of IYK revolves around the integration of NFC (near-field communication) chips into merchandise and apparel. Besides, the platform is also popular among musicians and artists. IYK, a Web3 startup whose clientele includes Adidas, Billionaire Boys Club, and Atlantic Records, has successfully raised over $16.8 million in a seed round. Founder Ryan Ouyang announced this milestone on his official X (formerly Twitter) account, emphasizing that a16z Crypto, also known as...

The potential deal might put the company’s value anywhere from $5 billion to $6 billion. Character.AI, an artificial intelligence startup founded by former Google employees, is in the early stages of discussions to secure substantial funding, possibly exceeding $5 billion in valuation, Bloomberg reported on Thursday, citing people familiar with the matter who wished to remain anonymous. According to the report, the company, having emerged as an early frontrunner in the realm of generative...

The longstanding partnership between Microsoft and AMD has been a strategic alliance that has shaped the tech industry in various ways. A recent report has revealed that shares of Advanced Micro Devices Inc (NASDAQ: AMD) rose nearly 5% on Thursday following comments from Kevin Scott, the Chief Technology Officer of Microsoft Corp (NASDAQ: MSFT) about the chipmaker’s efforts to strengthen its position in AI, an arena long dominated by Nvidia Corp (NASDAQ: NVDA). With AMD’s stock up...

Bitcoin cash started a strong increase above the $210 and $220 levels against the US Dollar. The price is now trading above the $220 zone and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $228 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $245 and $250 to continue higher in the near term. Bitcoin cash price is climbing above $230 against the US Dollar, like Bitcoin....

Internet influencer Lil Tay was announced as dead in an Instagram post that later turned out to be false. This has only deepened the crypto mystery that now surrounds the hoax. Lil Tay and Crypto… A Web of Oddities? In mid-August, a post on the Instagram page of Lil Tay said the 14-year-old and her brother had passed away. However, Lil Tay eventually went onto her page and commented that her account had been hacked, and that she and her family member were still...

Matrixport still maintains a positive outlook for BTC even as the US SEC has delayed a decision on the seven applications for spot Bitcoin ETF on its desk. According to a recent Matrixport report, the underperformance of listed crypto companies suggests that there could be a huge investment prospect in the Bitcoin (BTC) mining space that investors can take advantage of. The report went on to compare the gains that investors will see with exposure to only Bitcoin and a diversified...

Not long ago, the Securities and Exchange Commission (SEC) was set to decide on a new bitcoin-based exchange-traded fund (ETF) application that was submitted by ARK Invest and its chief executive Cathie Wood. The decision date was coming up soon, but unfortunately, the SEC had the opportunity to delay its decision, and now it appears it has taken that route. The SEC is at It Again The delay could give the SEC as much as 240 more days to decide on the application....