Internet Computer will be a key alternative to AWS-like services — Dfinity execThe Dfinity chief said that Internet Computer would prove to be a boon for the blockchain industry, which is currently dependent on centralized systems like Amazon Web Services.Jul 18, 2023Prashant Jha
Bitcoin price is ‘stuck’ at $30K — Here are 3 reasons whyBitcoin bulls face a cocktail of short-term holder and miner selling, along with a severe lack of volatility.Jul 18, 2023William Suberg
Marathon shareholders file lawsuit against company’s top managementThe CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.Jul 18, 2023David Attlee
Bankrupt Celsius to spend $24M from GK8 sale on legal expensesAfter buying GK8 for $115 million in 2021, Celsius has recouped $44 million of that but will spend most of the sum on legal fees.Jul 18, 2023Helen Partz
Healthy competition welcome — Polygon zkEVM leadProminent Ethereum development firms have rolled out varying zero-knowledge scaling solutions that drive healthy competition in the ecosystem.Jul 18, 2023Gareth Jenkinson
Thodex CEO sentenced to Turkish prison for failure to submit tax documentsFaruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.Jul 18, 2023Arijit Sarkar
Crypto headcount surges over 100% since 2019 despite implosionsWhile industry giants like Binance hire and lay off thousands of people, other crypto heavyweights like Tether only have 60 employees.Jul 18, 2023Helen Partz
Threads copies Twitter again, introduces ‘rate limits’ to combat botsMark Zuckerberg’s copycat app has been forced to impose rate limits to block crypto and spam bots.Jul 18, 2023Tom Mitchelhill
SEC’s Gary Gensler believes AI can strengthen its enforcement regimeThe Securities and Exchange Commission chair highlighted market surveillance and other instances where agency staff could benefit from making greater use of AI.Jul 18, 2023Brayden Lindrea
Apple’s headset could redefine what being in the metaverse meansKPMG’s Head of Metaverse Alyse Sue believes the tech included in Apple’s mixed reality headset could shift the way users interact and experience the metaverse.Jul 18, 2023Tom Mitchelhill
Crypto memes can be considered financial promotions, says UK watchdog Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.Jul 18, 2023Jesse Coghlan
Chainlink launches cross-chain protocol bridging blockchain to TradFiSeveral top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol.Jul 18, 2023Brayden Lindrea
Cathie Wood bullish on Coinbase after Ripple court rulingThe ARK Invest CEO says the recent Ripple court ruling is a major win for crypto exchanges.Jul 18, 2023Tom Mitchelhill
Chair Gensler says SEC reaction to Ripple decision is mixed, still under considerationGensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it.Jul 17, 2023Derek Andersen
Multichain saga screws users, Binance fires 1,000 staff: Asia ExpressMultichain continues operations for nearly two month after all-controlling CEO arrested. Binance lays off staff due to regulatory uncertainty.Jul 17, 2023Zhiyuan Sun
Bitcoin price falls under $30K as macro and regulatory worries take center stageAs investors’ euphoria over Bitcoin subsides, regulatory and macroeconomic headwinds resurface to negatively impact the BTC price.Jul 17, 2023Marcel Pechman
Ripple court ruling makes call for regulation ‘more compelling and more urgent’ — former CFTC chairFormer CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP’s favor.Jul 17, 2023Turner Wright
Ripple’s major success in its court battle with the SEC: Law Decoded, July 10–17Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.Jul 17, 2023David Attlee
Inflows into crypto investment funds rise as Bitcoin carries 99% of the loadHowever, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date.Jul 17, 2023Tristan Greene
XRP tops BTC in trading volume as it continues to savor partial victory in SEC suitXRP gained 1% over Bitcoin in volume between June 17 and July 17, with U.S. exchanges listing it again and international support never failing, Kaiko found.Jul 17, 2023Derek Andersen
SEC v. Ripple referred to judge who ordered release of ‘Hinman Documents’Judge Analisa Torres has sent the remaining issues in the SEC v. Ripple case to Magistrate Judge Sarah Netburn.Jul 17, 2023Tristan Greene
Price analysis 7/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, ADA, DOGE, MATICBitcoin bulls have failed to step in, increasing the chance for a retest of the $29,500 support.Jul 17, 2023Rakesh Upadhyay
Binance cuts back on employee benefits, citing ‘decline in profit’: ReportThe crypto exchange reportedly stopped offering reimbursement to employees for certain expenses, including the use of mobile phones, fitness and working from home.Jul 17, 2023Turner Wright
Bitcoin and crypto brace for further upside as equities look to extend their recent gainsA variety of macro factors propelled the recent rally across several asset classes, but analysts are at odds regarding the sustainability of the current bullish trend.Jul 17, 2023Brian Nibley
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle execCircle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.Jul 17, 2023Derek Andersen
Bitcoin ‘full breakout’ not here yet as BTC price spends month at $30KBTC price targets extend down to $27,000 with Bitcoin in a state of “flux.”Jul 17, 2023William Suberg
Elon Musk’s new AI startup is as ambitious as it is doomedThe public perception surrounding AI’s abilities is no match for the laws of physics.Jul 17, 2023Tristan Greene
Ripple CLO says court ruling could encourage banks to adopt XRP: ReportA July 13 court ruling in Ripple’s legal battle with the SEC suggested XRP may not necessarily be a security, a decision that has already made significant waves in the space.Jul 17, 2023Turner Wright
Lost keys have already cost billions of dollars, many more at risk — Polygon execPolygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security.Jul 17, 2023Ezra Reguerra
AI Eye: AI’s trained on AI content go MAD, is Threads a loss leader for AI data?AIs trained on AI data go mad, suspicions about Threads’ real purpose, and moreJul 17, 2023Andrew Fenton