On June 8, Democratic Senator Gary Peters, and Republican Senators Mike Braun and James Lankford, introduced the first bill, which would require the government to be transparent with its AI usage. Continue Reading on Coin Telegraph More
Speaking at the Bloomberg Invest conference, Taleb denounced Bitcoin, asserting that it offered no haven and failed to serve even the purpose of money launderers. According to the former options trader and statistics expert, Bitcoin investing had transformed into cult-like behavior that clashed with the pragmatic world of finance.Taleb’s disdain for BTC is not new. The writer has consistently condemned cryptocurrency, previously labeling it a “speculative island” and a “very fragile commodity.” He debunked the notion that facilitated money laundering, arguing that its traceability made it unsuitable for such illicit activities. In his view, unlike gold that can be melted down to conceal its origins, Bitcoin’s digital nature left a clear paper trail that could be easily deciphered by anyone with basic statistical knowledge.Furthermore, criticized the intertwining of money and cult-like behavior, a combination he deemed incompatible. He highlighted the fallacious assumptions that served as a refuge and was suitable for transactions, contending that cryptocurrencies could swiftly be supplanted by the Federal Reserve.Taleb’s critique strikes at the core of Bitcoin’s reputation, casting doubt on its viability and highlighting the potential risks associated with the growing influence of the crypto industry. As the debate surrounding cryptocurrencies continues, it remains to be seen how these criticisms will impact the perception and adoption of Bitcoin in the long run.This article was originally published on U.Today More
Swyftx launched a poll in recent hours on its upcoming token listings. In the poll, it presents two options for tokens it considers listing: Alchemy Pay (ACH) and Bone ShibaSwap (BONE).The exchange asks the community to cast their votes, maintaining that only the exchange has the final decision on listing any asset.From the results of the poll gathered so far, BONE is in the lead, garnering 88.2% of votes. Alchemy Pay, on the other hand, has gathered only 11.8% of the votes cast.BONE continues to gain exposure as it recently scored a new crypto exchange listing. Unocoin, an Indian Bitcoin and crypto trading platform, has announced a BONE listing. In its tweet, Unocoin highlighted the fact that BONE remains one of the most requested tokens on its platform.In May, conducted a poll, asking its community which tokens to list. It presented four options: Pepe, Floki, BONE and others. BONE notably took the lead in this poll, garnering 74.7% of the votes cast.Customers will be able to make cryptocurrency payments at any merchant linked to the Credencial Payments network thanks to the partnership’s integration of Binance Pay into the Credencial Payments system.Binance Pay supports Shiba Inu, as well as several other cryptocurrencies.This article was originally published on U.Today More
The terms of the agreement were not disclosed. If the deal goes through, BitGo will acquire Prime Trust’s payment rails and cryptocurrency IRA fund and increase its wealth management offerings. Continue Reading on Coin Telegraph More
The impact of the SEC lawsuit on Binance has been substantial so far, with BNB down nearly 15% week-to-date.Continue Reading on Coin Telegraph More
In the talk, Gensler praised the Securities Act of 1933 and Securities Exchange Act of 1934, claiming that these laws allowed the U.S. securities markets to “thrive” over the next 88 years. He argued that the “crypto securities markets” of today should also benefit from these laws, as they are not “less deserving of the protections” the laws provide.Continue Reading on Coin Telegraph More
The upcoming collection will feature 5,555 NFTs and is scheduled to debut on June 25, 2023. Less than one day after the announcement was made, AliExpress’ tweet was deleted. Nevertheless, AliExpress’ dev partner, posted a statement confirming the drop.Continue Reading on Coin Telegraph More
SEC records show that Armstrong sold 29,730 shares of the company on June 5, the day before the SEC suit. Coinbase’s share price plummeted the day of the suit, with an initial dip of 20%.Continue Reading on Coin Telegraph More
