Category: Latest news
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Ark raises concern over Coinbase concentration in Bitcoin ETF filings days before potential approval
[ad_1] As the anticipation of the approval of a spot Bitcoin ETF finally comes to a head, the Ark 21Shares Bitcoin Trust has made 16 significant clarifications and additions to its S1 filing across several areas, ranging from operational processes to financial responsibilities and regulatory aspects, providing a more explicit, more detailed framework for the…
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Musk claims Tesla developing efficient ‘mini AGI’ for self-driving car future
[ad_1] Tech billionaire Elon Musk revealed that electric carmaker Tesla is developing artificial general intelligence (AGI) for its Full Self-Driving (FSD) vehicles, a significant step in achieving complete self-driving capabilities. In a Dec. 29 post on X, Must stated: “It is increasingly clear that all roads lead to AGI. Tesla is building an extremely compute-efficient…
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Financial markets on edge as Bitcoin spot ETF decision looms, ETF inflows surge
[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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Vitalik wants Ethereum to be more ‘Cypherpunk’ hailing the social layer as its core USP
[ad_1] Ethereum’s co-founder Vitalik Buterin shared his insights on the evolving landscape of the crypto ecosystem on Dec. 29, mainly focusing on Ethereum’s role in shaping a more open and decentralized internet in a blog post entitled “Make Ethereum Cypherpunk Again.” Since its inception, Ethereum has journeyed beyond being a mere extension of Bitcoin with smart…
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Indian watchdog issues issues compliance notices to 9 crypto exchanges, seeks to block URLs
[ad_1] India’s Financial Intelligence Unit (FIU) has taken stringent measures against nine offshore Virtual Assets Service Providers (VASPs) for non-compliance with India’s Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) laws, according to a Dec. 28 annoucement. These entities, which include major players like Binance, KuCoin, and Huobi, have been served Show Cause Notices under…
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Bitcoin climbs the currency ranks, now 16th largest by market cap globally
[ad_1] Quick Take Bitcoin (BTC), once viewed as a fringe digital asset, has ascended to claim the rank of the 16th largest currency worldwide when compared to various fiat currencies on a market capitalization basis. Measured by multiplying the total circulating supply of 19.5 million BTC by its unit price, Bitcoin’s market capitalization underscores its…
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Terra wins one summary judgment in SEC case, but sold unregistered securities
[ad_1] Terraform Labs obtained a partial victory on Dec. 28 within a case initiated by the U.S. Securities and Exchange Commission (SEC). Judge Jed Rakoff issued one summary judgment in Terraform Labs’ favor and declared that the firm did not offer and effect transactions in security-based swaps. The judge said that mAssets offered on the…
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Ex-Binance CEO Changpeng Zhao seeks to seal travel documents citing child’s medical privacy
[ad_1] Former Binance CEO Changpeng Zhao asked for parts of his travel request to be made private on Dec. 27. Though Zhao has sought permission to travel outside the U.S. for some time, the latest filings provide more context around his plans. The first court filing indicates that Zhao and his defense team have moved…
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Republican lawmakers call for the removal of SEC’s Gary Gensler over bias and damage to the digital asset industry
[ad_1] In a bold move, U.S. Congressman Warren Davidson, with support from House Majority Whip Tom Emmer, has advocated for the firing of SEC Chair Gary Gensler in 2024, attributing his stance to alleged corruption and abuses of power. This development comes amid escalating tensions between the SEC and the digital asset sector throughout 2023.…
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Coinbase International sets perpetual futures leverage limit to 10x
[ad_1] Coinbase International Exchange said on Dec. 28 that it has set leverage limits to 10X on its various perpetual future contracts. The company said in a post on X: “Did you hear? We upgraded our leverage to 10x on all perpetual futures contracts, empowering you to execute more efficient trading strategies.” In an attached…