The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide. The Proof of Stake Alliance (POSA), a nonprofit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles” on Nov. 9. Previous version of...Continue Reading

When it comes to privacy and regulation, could Vitalik Buterin’s Privacy Pools be the answer? Ethereum co-founder Vitalik Buterin recently authored a research paper, the primary focus of which was integrating privacy features into blockchain transactions while ensuring compliance with a range of regulatory requirements. Experts from various backgrounds collaborated on this research project, including...Continue Reading

The government says the tax debt will be slashed by 50% in response to a pro-rated drop in cryptocurrency prices after the obligations were set. In an effort to boost state revenues, Laos appears to be turning its attention to the country’s crypto sector. According to a Nov. 9 report by China’s state news agency...Continue Reading

Train up kickass AI models to sell them as NFTs in AI Arena, how often GPT-4 lies to you, and fake AI pics in the Israel/Gaza war: AI Eye. AI Arena AI Eye chatted with Framework Ventures Vance Spencer recently and he raved about the possibilities offered by an upcoming game his fund invested in...Continue Reading

The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. United States Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology Act of 2023, or the CLARITY Act of 2023. The legislation aims to...Continue Reading

The price of Bitcoin has surpassed $37,000 for the first time since May 2022. Bitcoin (BTC) briefly surpassed the $37,000 mark for the first time in 18 months as the broader markets reflect optimism over the pending approval of spot BTC exchange-traded funds (ETF) in the United States. Data from a number of cryptocurrency market...Continue Reading

“Something doesn’t feel right” about the latest BTC price uptick, a warning tells traders, as Bitcoin open interest passes $17 billion. Bitcoin (BTC) may have tapped $37,000 for the first time in 18 months, but traders are getting suspicious of BTC price action. BTC/USD 1-hour chart. Source: TradingView BTC price move “doesn’t feel right” After...Continue Reading

The U.S. imposed export restrictions of high-level AI chips to China last October, though Chinese companies are now finding new options to develop their technology. The Chinese artificial intelligence (AI) chip market has been subject to ongoing export restrictions which imposed by the United States from October 2022, which prohibited the sale of certain U.S....Continue Reading

After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase. Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE). After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture...Continue Reading

According to official data available publicly, the state of Maine currently holds over $328 million in unclaimed property. A report issued by the Office of the Maine State Treasurer highlighted the U.S. state’s interest in officially managing the abandoned and recovered crypto assets. The program evaluation report of Maine uncovered the state’s lack of preparedness...Continue Reading