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Vitalik Buterin, the co-founder of Ethereum, has expressed worries regarding decentralized autonomous organizations (DAOs) exerting a monopoly over the selection of node operators in liquidity staking pools.In a September 30 blog post, Buterin issues a warning that as staking pools adopt the DAO approach for governance over node operators—who are
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bloomberg’s top exchange-traded fund (ETF) analysts, Eric Balchunas and James Seyffart, now see a higher likelihood of the United States Securities and Exchange Commission (SEC) approving a Bitcoin spot ETF In an Aug. 30 tweet, they revealed
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The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) would make the asset more accessible to individual investors and mutual funds. What's more, unlike a futures-based Bitcoin ETF, a spot-based ETF involves actually buying BTC. So will the approval of the first Bitcoin ETF be a bullish event? Not
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tyler Winklevoss, the co-founder of Gemini, a cryptocurrency exchange compliant with New York rules, has criticized the Securities and Exchange Commission (SEC), saying that while the regulator has filed legal actions against prominent cryptocurrency exchanges, including Binance,
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Currently, the Digital Labs arm of the company is working on utilizing LLMs for analyzing customers’ feedback and inquiries. American Express (NYSE: AXP) has joined the new wave of companies adopting AI to scale their businesses. The financial services corporation is planning to deploy AI in validating transactions and approving lines
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Perianne Boring, founder and CEO of blockchain advocacy group Chamber of Digital Commerce, placed the lack of approval of a Bitcoin exchange-traded fund in the United States squarely on Securities and Exchange Commission chair Gary Gensler, suggesting politics played more of a role than economics.Speaking to Cryptox at the Texas
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Aave DAO, the governance body behind decentralized finance (DeFi) giant Aave (AAVE) protocol, has unanimously voted in favor of creating an overcollateralized stablecoin called GHO.The Aave company put up the GHO creation proposal on July 28, which received an overwhelming 99.9% community vote over the course of three days. The
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Pro crypto Securities and Exchange Commission (SEC) Commissioner Hester Pierce talked about the U.S. current regulatory landscape on Bitcoin’s Association YouTube channel. The Commissioner revealed that some progress has been made to change the approach the regular have on digital assets. Pierce has chosen to focus on the innovations brought by digital
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Singapore has released the consultation paper on the proposed Bitcoin derivatives. Retail investors might not be allowed to trade in the crypto products. The Monetary Authority of Singapore says the move is driven by demand. Singapore’s central bank could soon authorize the trading of derivatives referencing cryptocurrency assets such as Bitcoin and Ethereum.
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