Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
Totality Corp CEO explains why India is still largely untapped for NFTs
Despite a strong emphasis on “social status” in India, holding a Bored Ape Yacht Club NFT there isn’t impressing anyone.
Can I use a system call?
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Ethereum co-founder Vitalik Buterin defends DAOs against critics
Buterin believes collusion and corruption can be minimized when deciding power is in the hands of the entire group, rather than an individual or small minority.
Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.
HP Saturn
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Backend for Front-end
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‘Fear of the unknown’ holds back tradfi investors from crypto — Bloomberg analyst
Bloomberg crypto analyst Jamie Coutts believes it’s a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto.
First Mover Asia: Bitcoin Flutters Around $19K; SEC Case Against Crypto Promoter Ian Balina Faces One Big Problem
Balina is charged with conducting an unregistered securities offering in 2018 for his SPRK ICO token, but proving that the Ethereum network should be subject to U.S. securities law will be difficult; cryptos largely decline.
Amazon’s latest challenger is China’s online dollar store Pinduoduo
The race to bring China-made goods to Western consumers via online stores is heating up. Pinduoduo, the Chinese e-commerce giant known for offering hard-to-believe deals, has quickly gained momentum for its first international endeavor in the U.S. The company’s overseas shopping app, called Temu, briefly claimed the top spot of Android shopping apps in the … Read more
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Decentralized Finance Protocol Coin98 Unveils Native Stablecoin CUSD
DeFi platforms race to craft their own stablecoins to attract users and boost growth, including Curve and Aave.
Twitch to ban Stake.com streams and other unlicensed gambling content
Illustration by Alex Castro / The Verge As the conversation concerning Twitch and the platform’s allowance of gambling streams continues to swirl, the platform has struck its first blow. In a tweet on Tuesday evening, Twitch stated that it will ban “streaming of gambling sites that include slots, roulette, or dice games” in a policy … Read more
Crypto Needs ‘Global Regulatory Framework,’ IMF Says
The International Monetary Fund (IMF) has called on financial regulators around the world to come together to develop a “global regulatory framework” for crypto assets.
Configure a custom Amazon S3 query output location and data retention policy for Amazon Athena data sources in Amazon SageMaker Data Wrangler
Amazon SageMaker Data Wrangler reduces the time that it takes to aggregate and prepare data for machine learning (ML) from weeks to minutes in Amazon SageMaker Studio, the first fully integrated development environment (IDE) for ML. With Data Wrangler, you can simplify the process of data preparation and feature engineering, and complete each step of … Read more
OpenBSD Server Rack (2009)
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Daily Crunch: Revolut advises users to take caution after hacker breach triggers phishing campaign
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey there, you deep-fried morsels of delight. Deep fried, because that’s the thing that made you crunchy. No? Because this is the Daily Crunch? The TechCrunch team got so competitive in this … Read more
Hearing: Alternative payments’ threat to national security goes far beyond crypto
Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security.
Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report
Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal.
Lockfree Algorithms (2010)
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Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone.
PG&E says Tesla battery was source of power storage site fire
In the early hours on Monday, a Tesla Megapack battery caught fire at a key California power storage facility, the state’s largest utility said in a statement to TechCrunch. According to PG&E, the utility “became aware of a fire in one Tesla Megapack at its Elkhorn Battery Storage facility” at around 1:30 AM in Moss … Read more
OpenSea to allow creators to host token sales directly through its homepage
The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more.