CFTC commissioner calls for crypto regulatory pilot program
Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to...
Day: September 7, 2023
JPMorgan moves into deposit tokens for settlements: Report
JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. Financial...
‘Pure’ DeFi has little chance for real-world use because of need for oracles: BIS
According to the BIS researchers, a centralized oracle based on trust is the only option for DeFi, and variations of...
Former FTX exec plans to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following...
Windows tool targeted by hackers deploys crypto mining malware
Software installers affected are mainly used for 3D modeling and graphic design, with French being the most frequent language used...
Persistent macro headwinds could delay Bitcoin bull market — ARK Invest
Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto...
Former FTX exec will give up real estate, car and $11M following guilty plea: Report
Ryan Salame will reportedly remain free on a $1 million bond until his sentencing hearing expected in March 2024. Ryan...
Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market
Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart...
House committee will reopen discussions on digital dollar in Sept. 14 hearing
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on...
Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers...
CFPB examines Big Tech’s role in mobile payment systems ahead of rulemaking
The U.S. Consumer Financial Protection Bureau has focused on the role of Apple and Google in mobile payments with a...
Tencent unveils ChatGPT rival in China amid continuing US AI chip ban
Despite heavy government regulations and ongoing struggles with hardware sourcing, Tencent’s large language model has been released for business use...
Binance crypto exchange saw 10 key execs leave in 2023. Here’s the list
Binance CEO Changpeng Zhao sought to dismiss concerns around executive departures, claiming they are moving into bigger roles outside Binance,...
Meta’s assault on privacy should serve as a warning against AI
Facebook was the worst thing to happen to user privacy over the last two decades. Artificial intelligence could be the...
UK financial watchdog could give crypto firms until January 2024 for marketing compliance
Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing...
