According to the SEC, the tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.”
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Bitcoin custodian Nostr Assets pauses deposits after reaching 'maximum capacity'
"Please refrain from deposits at the moment. Inbound at max capacity," wrote one community manager.
Bitcoin custodian Nostr Assets pauses deposits after reaching 'maximum capacity'
"Please refrain from deposits at the moment. Inbound at max capacity," wrote one community manager.
Crypto payments: PayPal’s stablecoin ripple effect on markets
PayPal’s introduction of its native stablecoin, PayPal USD (PYUSD), has sparked heated debates within the crypto industry regarding its possible sway on payments and wider crypto adoption.
While this step seems to be a big jump toward accepting cryptocurrencies in regular finance, some industry observers advise caution. They underline the hurdles and limitations that could slow down broader adoption.
What is PYUSD?
This initiative aims to bridge the fiat and digital currency realms for consumers, merchants and developers. PayPal CEO Dan Schulman highlighted the need for a stable digital-fiat conduit. PYUSD facilitates various transactions, including payments, fund transfers between PayPal and compatible external wallets, and crypto conversions:
“The shift toward digital currencies requires a stable instrument that is both digitally native and easily connected to fiat currency like the U.S. dollar. Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through PayPal USD.”
The coin is designed to mitigate payment frictions in virtual environments, expedite value transfer, and simplify digital asset engagement by being a safer alternative to the fluctuating nature of most cryptocurrencies.
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.
The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say a single word to Sam Bankman-Fried during the two-month notice period after he resigned, which was only months before the whole exchange blew up. Even getting a message to SBF to say he was resigning in the first place was hard work.
“I had to talk to other people in the company to formally resign. I wrote one text to Sam and I got back a single heart emoji. That was the last I heard from him,” Harrison declares.
Harrison and Bankman-Fried had been colleagues years earlier at quantitative trading firm Jane Street, where Harrison saw his potential while teaching SBF in a course on programming for traders. But things went south real quick between them at FTX.
Harrison claims it was due to Bankman-Fried’s inflated ego and his reluctance to accept any feedback or advice.
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.
The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say a single word to Sam Bankman-Fried during the two-month notice period after he resigned, which was only months before the whole exchange blew up. Even getting a message to SBF to say he was resigning in the first place was hard work.
“I had to talk to other people in the company to formally resign. I wrote one text to Sam and I got back a single heart emoji. That was the last I heard from him,” Harrison declares.
Harrison and Bankman-Fried had been colleagues years earlier at quantitative trading firm Jane Street, where Harrison saw his potential while teaching SBF in a course on programming for traders. But things went south real quick between them at FTX.
Harrison claims it was due to Bankman-Fried’s inflated ego and his reluctance to accept any feedback or advice.
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
The former president of FTX US dishes the dirt on his falling out with former Jane Street colleague Sam Bankman-Fried and predicts the spot Bitcoin ETF will far outshine the record-breaking success of the Bitcoin Futures ETF.
The ex-president of FTX US, Brett Harrison, tells Magazine that he didn’t say a single word to Sam Bankman-Fried during the two-month notice period after he resigned, which was only months before the whole exchange blew up. Even getting a message to SBF to say he was resigning in the first place was hard work.
“I had to talk to other people in the company to formally resign. I wrote one text to Sam and I got back a single heart emoji. That was the last I heard from him,” Harrison declares.
Harrison and Bankman-Fried had been colleagues years earlier at quantitative trading firm Jane Street, where Harrison saw his potential while teaching SBF in a course on programming for traders. But things went south real quick between them at FTX.
Harrison claims it was due to Bankman-Fried’s inflated ego and his reluctance to accept any feedback or advice.
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records
Expect ‘records broken’ by Bitcoin ETF: Brett Harrison (ex-FTX US), X Hall of Flame
Brett Harrision (ex-FTX US) dishes the dirt on the “insecure, prideful” SBF and tips a spot Bitcoin ETF will shatter the futures ETF’s records
Swiss city Lugano accepts Bitcoin and Tether for municipal taxes
Swiss city of Lugano officially announced that it has started accepting Bitcoin and Tether as payment for taxes and all other community fees.
Kenyan crypto tax bill makes it through parliamentary committee
The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of the Kenyan parliament.
Singapore releases National AI Strategy 2.0, plans for 15,000 AI experts
Singapore released an updated version of its National AI Strategy, including plans for boosting government competency, building a smart nation and increasing compute capacity.
Societe Generale issues its first green bond on Ethereum
The unsecured bond has a value of 10 million euros and a maturity of three years, with all the proceeds going for eligible green activities investments.
Bitcoin short-term holder sales near $5B as profit-taking mimics 2021
Bitcoin (BTC) has seen a mass profit-taking event which rivals its $69,000 all-time highs, new analysis reveals.
In a post on Dec. 5, James Van Straten, research and data analyst at crypto insights firm CryptoSlate, flagged billions of dollars heading to exchanges.
Bitcoin speculators sell as if all-time highs are back
BTC price gains have delivered a welcome reward to hodlers across the board in recent days as 19-month highs appeared.
While old hands are retaining their share of the BTC supply, at the other end of the spectrum, so-called short-term holders (STHs) have been busy locking in profits on their investments.
STHs refer to entities holding a given part of the supply for 155 days or less. They correspond to the more speculative class of Bitcoin investors, and their cost basis has formed a key BTC price support in 2023.
Bitcoin short-term holder sales near $5B as profit-taking mimics 2021
Bitcoin makes Christmas come early for its more speculative investors, with BTC price still facing “early bull market” resistance.
Taiwan will review global trends before deciding on crypto ETFs
The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds.
Bitcoin miner Phoenix surges 50% after $371M Abu Dhabi IPO
Crypto mining firm Phoenix Group has debuted trading on the Abu Dhabi Securities Exchange, with the stock opening at $0.6.
BlackRock received $100K seed funds for Bitcoin ETF — SEC filing
BlackRock and other financial giants have entered the race to launch the first spot Bitcoin ETF in the United States.