The agency argued that there are “knotty legal problems” surrounding the court’s application of the law — specifically the Howey Test — that warrant a review.Continue Reading on Coin Telegraph More
The podcast starts by highlighting Coinbase’s eventful year so far, from new products to the launch of its layer-2 network Base and the “Onchain Summer” campaign that followed. Alvi says the team believes this is the best time to build, and the company is focused on figuring out how to bring the next billion users to crypto. He also explains that building for and attracting pro traders is a major part of the plans to onboard the next wave of crypto users. Continue Reading on Coin Telegraph More
The move comes after the company shut down its Borrow service for retail customers in May amid regulatory scrutiny. The service allowed certain customers to use crypto as collateral to receive a cash loan. The new lending solution, however, focuses on institutional investors — companies or organizations investing on behalf of their clients, such as mutual funds and pension plans. Continue Reading on Coin Telegraph More
Called OpinionGPT, the team’s model is a tuned variant of Meta’s Llama 2, an AI system similar in capability to OpenAI’s ChatGPT or Anthropic’s Claude 2. Continue Reading on Coin Telegraph More
While the announcement was somewhat cryptic, it hinted at something significant occurring on Sept. 12, with phrases like “something cool is dropping” and “change” on the horizon.Continue Reading on Coin Telegraph More
The past week in the DeFi ecosystem was filled with ups and downs, from the United States Commodity Futures Trading Commission’s (CFTC) investigation into multiple DeFi protocols to Binance CEO Changpeng “CZ” Zhao’s forecast that DeFi would outgrow centralized finance (CeFi) in the next bull run.Continue Reading on Coin Telegraph More
Along with the standard disclaimer about it making no decisions without congressional authorization, Barr provided an overview of the Fed’s “current focus” of central bank digital currency (CBDC) research. He characterized it as “basic research […] that might support a CBDC payments backbone, or for other purposes in the existing payments system.” Continue Reading on Coin Telegraph More
Along similar lines, ARK Invest said in a report that cryptocurrencies could continue to face headwinds in the remainder of 2023 due to several macroeconomic issues, such as interest rates, gross domestic product estimates, unemployment and inflation.Continue Reading on Coin Telegraph More
