Author: e_cash_top
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Ripple files opposition to SEC’s expected appeal
[ad_1] Ripple submitted a filing on Aug. 16 expressing opposition to an interlocutory appeal expected from the U.S. Securities and Exchange Commission (SEC). The SEC accused Ripple and two of its members in December 2020 of breaking security regulations through the sale of the XRP token. Ripple gained a summary judgment in that case on…
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Cleveland Fed nowcasts signal escalating inflation pressures, crypto market bracing for impact
[ad_1] Quick Take The Federal Reserve Bank of Cleveland’s innovative approach to analyzing inflation presents a concerning picture. Utilizing its inflation nowcasting tool, the Bank provides daily nowcasts for two pivotal price indexes – the price index for Personal Consumption Expenditures (PCE) and the Consumer Price Index (CPI). According to the Bank’s August data, the…
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CFTC Chair Rostin Behnam weighs in on crypto regulations
[ad_1] Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), emphasized the necessity for a clear regulatory framework in the burgeoning cryptocurrency market during a recent podcast interview with the Intercontinental Exchange (ICE) Aug. 14. Expressing concerns about the industry’s current ambiguity and vulnerability to potential fraud and manipulation, Behnam stated, “The market…
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Russian turmoil fuels unprecedented USDT/RUB trade volume surge
[ad_1] Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period in Russia. The total daily ruble volume for USDT/RUB hit a year-to-date high, with volumes spiking to nearly $10 million on Aug. 14 and…
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Valkyrie files for Ethereum futures ETF
[ad_1] Valkyrie Investments has filed for an Ethereum futures exchange-traded fund (ETF), as seen in a U.S. Securities and Exchange Commission (SEC) filing on Aug. 16. According to that filing, nearly all of the fund’s assets will be invested in exchange-traded Ethereum futures, while a small portion will be invested in collateral investments such as…
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First Digital USD soars on Binance as overall stablecoin market sinks to two-year low
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Ledger partners with PayPal to provide crypto access for U.S. customers
[ad_1] Ledger has announced its integration with global payment giant PayPal. This collaboration aims to provide users with a seamless and secure platform to explore the world of digital currencies. The integration allows U.S. users, in compliance with state laws, to directly purchase cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin…
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What does it mean for Bitcoin?
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Bittrex bypasses US clients amid regulatory haze, CEO highlights global scope
[ad_1] Bittrex CEO Oliver Linch noted that market participants are increasingly wary of the United States because of the regulatory uncertainty surrounding the crypto industry in the country, according to an Aug. 16 statement shared with CryptoSlate. Bittrex steers clear of US users Linch stated that his exchange made substantial investments to ensure it does…
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VC firm a16z releases open-source microverse packed with generative AI NPCs in AI Town
[ad_1] Venture capital firm Andreessen Horowitz (a16z) has released the code for AI Town, an open-source project that lets developers create their own AI-powered simulated world. As the a16z team reported on X, this ambitious project aims to “democratize building your own simulation environment with AI agents.” The innovative project, built in collaboration with portfolio…