At the Bitcoin Builders Conference, Daniel Fogg from IOV Labs and Rootstock spoke with Cointelegraph about how emerging markets are shaping the future of the crypto space. Mass crypto adoption is already taking place around the world, but not in the United States or Europe, nor does it have Bitcoin as a flagship asset for...Continue Reading
Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight. A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency...Continue Reading
Coinbase’s new subscription service, “Coinbase One,” is expected to roll out across 35 countries in the near future. Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18...Continue Reading
Traders are still tiptoeing around markets, as multiple risk events remain at the forefront, but BTC margin and futures markets are starting to favor a bullish breakout. Bitcoin has been trying to break above the $27,500 resistance for the past week but to no avail. One of the reasons limiting Bitcoin’s (BTC) upside is the risk of...Continue Reading
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another. A $50 million fund has been launched to help startups that use the Wormhole cross-chain messaging protocol, according to a May 18 announcement. The new fund is being managed by venture capital fund Borderless Capital and is backed by...Continue Reading
The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said. State versus federal regulation was a key issue in the hearing on stablecoins in the United States House of Representatives on May 18. The House Committee on Financial Services’ new Subcommittee on Digital Assets, Financial...Continue Reading
In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison. Nevin Shetty, a former Chief Financial Officer (CFO) at a Seattle start-up company, was indicted on May 17 in the U.S. District Court in Seattle on charges of wire fraud. The indictment alleges that Shetty, 39, diverted approximately...Continue Reading
1 million Bitcoin wallets now have a balance of 1 BTC or more, but the real magic is yet to come, says Adam Back. Bitcoin (BTC) has crossed a significant threshold this month — and while it does not involve price, it does involve “millions.” Data from on-chain analytics firm Glassnode confirms that as of...Continue Reading
The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC. On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical...Continue Reading
Legal chatbots can enhance access to justice by providing affordable and easy-to-access legal assistance to those who cannot afford traditional legal services. What is the future of legal chatbots? Legal chatbots are expected to become more advanced with the rise of AI, allowing them to provide more personalized and accurate legal advice in the future....Continue Reading
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