Cryptocurrency Analysis and News Portal
The former BitMEX CEO said the record-breaking penalties against Binance represent an institutional bias against the transformative impact of cryptocurrency and blockchain technology. Source
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Digital assets should not be seen as “somehow special,” nor should action against Coinbase be seen as “novel or extraordinary,” argues an association of North American securities regulators.In an Oct. 10 filing in the United States District Court for the Southern District of New York supporting the U.S. Securities and
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He declined to guess which of the ongoing crypto legislative efforts are most likely to make headway, though he said Congress should go at it incrementally, biting off smaller pieces rather than a comprehensive approach. He said that’s what his two-page Stablecoin Transparency Act was trying to do, just setting
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Bitcoin could reach $300,000 by 2028, said Mark Yusko, Morgan Creek Capital Management founder and CEO, on CryptoX TV’s First Mover. Yusko made the prediction while comparing bitcoin to gold. Gold is not portable or divisible, whereas bitcoin is, the CEO of the $1.6 billion asset management firm explained. "Bitcoin
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Grayscale Investments has called out the SEC for approving Bitcoin futures ETFs over spot Bitcoin ETFsThe DCG subsidiary recently penned a letter to a Columbia court to highlight the SEC’s unequal treatment of BTC-based ETFs. Grayscale’s letter came more than a year after it sued the SEC for denying its spot
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An artificial intelligence (AI) tool has emerged to assist doctors in combating aggressive brain tumors. It aids in identifying crucial characteristics that provide guidance during surgery.The Cryosection Histopathology Assessment and Review Machine (CHARM) is an advanced tool that efficiently analyzes images to identify the genetic profile of gliomas, a type
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Earlier in May, the Milady collection spiked after receiving acknowledgment from Twitter owner Musk who tweeted a picture of a Milady avatar with the words “There is no meme, I love you” overlaid on the picture. Each NFT traded for 3.4 ether at the time. Source
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A high-ranking Hong Kong official has warned crypto exchanges to expect strict regulation and advises those in opposition to go elsewhere. Hong Kong has stated that its upcoming crypto regulation would not promote a light-touch approach despite the city’s crypto-friendly disposition. The Chinese special administrative region is putting the finishing touches
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David Lesperance, managing director and tax adviser at Lesperance Associates, called the HMRC’s proposal an “excellent result,” in a statement. Meanwhile, lawmaker Lisa Cameron, chair of a cross-party group for crypto in Parliament, said she was hopeful this would be the first step towards a comprehensive tax framework. Source
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Affected by reduced demand for Covid drug Molnupiravir, Merck has published reduced revenue figures according to its Q1 2023 report. Multinational pharmaceutical giant Merck & Co Inc (NYSE: MRK) has released its Q1 2023 report. The company’s figures show a reduction in revenue due to several factors, including a plunge in
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