The United States Securities and Exchange Commission is not the right agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on February 24, Circle’s chief executive revealed his views on the SEC…
Bitcoin over the years has shown an increasingly strong positive correlation with the S&P 500 and other major US stock market indices. When the correlation weakens and becomes negative, price movements in BTC can be particularly substantial. Top cryptocurrencies are…
The Ethereum community appears to have a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive vote of confidence” and a “watershed moment” for the blockchain network. Secured on Ethereum and powered by…
Bankman-Fried’s allegations have been expanded in the latest indictment brought by federal prosecutors. Federal prosecutors have announced a new indictment of Sam Bankman-Fried with four additional criminal charges. The document outlining the new allegations begins with the statement that “At…
Gate Group, the parent company of crypto exchange Gate.io, is the latest to apply for a license in Hong Kong. The company joins Huobi Global, OKX, and Bitget, seeking approval in the regime due to its crypto-friendly policy. Gate.io decided…
Our weekly news from East Asia organizes the most important industry developments. Hong Kong is moving bullishly On February 20, Hong Kong’s Securities and Futures Commission (SFC) launched a consultation on proposed regulatory requirements for digital asset trading platforms. The…
The Ordinal Loops project is designed to drive artistic activism and help end fiat through the latest innovation on the Bitcoin blockchain. This is an editorial opinion by T, a member of the Ordinal Loops team. It’s been almost a…
The U.S. District Court for the Southern District of New York has dismissed an indictment related to the founder of crypto exchange FTX, Sam Bankman Fried (SBF). The document revealed four new charges brought against the former crypto executive. The…
Original script by Neil Stephenson Snow Crash – the book that coined the term “Metaverse,” – will be auctioned by Sotheby’s, according to a page on Sotheby’s official website. The auction is part of a February 23 series called “Infocalypse”…
The team will continue projects designed to push the boundaries of what is possible with Bitcoin. Blockstream, the leading Bitcoin infrastructure company, has announced a newly formed Blockstream Research team focused on developing a platform at the core of the…