A bitcoin BTC$83,696.96 whale that received its coins days before the Covid crash of March 2020 and sat through it has moved $377.6 million worth of them. The wallet, 18VmXvkF4cgLi35RtMiHHDpvMjUCyVpQ9x, sent roughly 4,582 BTC to five addresses on Monday, according to blockchain data from Arkham… Read More
Lee also noted Wall Street’s growing use of blockchain technology to represent financial assets, the rise of AI applications and crypto treasury companies holding tokens for the long term as possible drivers of a new rally. Bitmine inches closer to its 5% ETH goal Lee’s… Read More
Palantir (PLTR) head of U.K. and Europe Louis Mosley warned that the region is making the same mistake with artificial intelligence (AI) that it made with the internet. Where the U.S. “got the internet right,” built a score of businesses and became the backbone of… Read More
The report points to higher risks in so-called multi-issuer structures. Affiliated companies can issue the same stablecoin and share liability for it while keeping reserve assets in separate jurisdictions. If holders can redeem with any issuer in the group, demand could pile up on a… Read More
Developers are watching whether regulators distinguish writing software from running a financial intermediary. Cathy Yoon, chief legal officer at Solana-focused research and development firm Temporal, said she hopes the SEC will recognize developers as software creators without turning their work into a securities enterprise. “The… Read More
Dodd’s brief then took issue with the CFTC’s argument that it has “exclusive jurisdiction” over these products. “Nor is the CEA’s grant of ‘exclusive jurisdiction’ to the CFTC an express preemption provision immunizing every contract listed on a DCM from otherwise applicable state and tribal… Read More
