Month: February 2023
SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.
Curve Token Surges Over 10% as Crypto Traders Eye Curve USD Stablecoin
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering.
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial service Matrixport’s head of research believes regulators are not targeting all stablecoins with the regulatory crackdown on BUSD issuer Paxos.
Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” and that the creators of the nine tokens, that are at the centre of the insider trading case, are not linked to the case.
OFAC-compliant blocks on Ethereum hit three-month low of 47%
Back in November, the percentage of Ethereum blocks complying with orders from the Office of Foreign Asset Control peaked at 79%.
T-Mobile suffers major network outage across US
Illustration by Alex Castro / The Verge Thousands of T-Mobile customers in the United States reported significant network problems on Monday night, with many unable to place calls or carry out other basic functions. Issues were reported across the country, with users from California to New York saying that service was up and down or … Read more
Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.”
Meta reportedly plans more job cuts
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Only You Can Stop an AI Apocalypse
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My System/3 model 10 (2010)
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Bay Area plan to ban natural gas
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The lights wink out in Asia
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Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
Brainard has been leading the U.S Federal Reserve’s work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.
Toyota’s first next-gen EV will be a Lexus
The Lexus RZ 450e SUV is the last electric vehicle announced by parent company Toyota. | Image: Lexus Toyota’s incoming CEO said the automaker would release “next-generation” electric cars under the Lexus brand by 2026. This is just one part of a new strategy in development to overcome problems linked to a slow and expensive … Read more
Bitcoin hits record 44M non-zero addresses, thanks to Ordinals: Glassnode
Glassnode noted that this is the first time in Bitcoin history where the network has been used for purposes other than for monetary purposes.
Afternoon Project: CryptMaster 2001
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CFTC and SEC cases against SBF deferred until after criminal trial
Damian Williams, U.S. Attorney for the Southern District of New York pushed to defer the civil cases due to a major overlap between the CFTC, SEC and DOJ’s cases.
If Google Photos is broken for you on iOS, you’re not alone
Illustration: The Verge Google Photos appears to be broken for many users following Apple’s latest iOS 16.3.1 update. Several Verge staff members, as well as people on Twitter, report that the app crashes on launch, making it impossible to access or manage your Google photo library. While the problem isn’t universal — a few people, … Read more
Better without AI
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Iris Energy to nearly triple hashrate with estimated 44,000 new BTC miners
With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company.
NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments
MoonPay has a similar partnership in place with NFT marketplace LooksRare.
