According to the team’s preprint research paper, the systems utilizing quantum computing demonstrably outperformed standard mining rigs in energy efficiency:Continue Reading on Coin Telegraph More
In today’s discussion with Davis, we first get to know him a little better by finding out how he got into crypto in the first place and why he is still so deeply interested. The answer might not be as simple or orthodox as you think.Continue Reading on Coin Telegraph More
According to a June 8 announcement, Tarbert has served in leadership positions in all three branches of the federal government and across key regulatory agencies, including the Commodity Futures Trading Commission, the International Organization of Securities Commissions, the U.S. Treasury, the Financial Stability Board and the World Bank Group. He also served as special counsel to the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Continue Reading on Coin Telegraph More
Bittrex was charged in October by both OFAC and the Treasury’s Financial Crimes Enforcement Network (FinCEN) with sanctions violations for allowing individuals based in Crimea, Cuba, Iran, Sudan and Syria to make transactions from 2014 to 2017. OFAC and FinCEN assessed penalties of $24 million and $29 million, respectively. Continue Reading on Coin Telegraph More
Reports expect a $231 billion DeFi market by 2030, with lending protocols being a key element driving the growth. According to a CoinGecko research report, lending has more than an 11% market share in the DeFi ecosystem, and it stands as one of the five biggest DeFi sectors. Users flock to DeFi lending protocols to avoid directly selling their crypto holdings, which they expect to increase in value.Continue Reading on Coin Telegraph More
An analysis of press releases from the U.S. Securities and Exchange Commission (SEC), and news reports on its actions, found that in the six months preceding FTX’s collapse, the SEC undertook approximately six enforcement actions.Continue Reading on Coin Telegraph More
“This is a serious matter,” Senator Elizabeth Warren and Chris Van Hollen wrote in a letter to the Justice Department, saying a bipartisan group of lawmakers in March were seeking information from the industry as they weighed potential new laws.”It appears that Binance and Binance.US undermined this important investigation and the legislative process by providing false and misleading information to Congress” in their reply to the information request, the senators said, adding: “The department should, in conjunction with the ongoing SEC complaint, conduct a rapid and thorough investigation of this matter.”U.S. financial regulators this week cracked down on the crypto industry with legal action against Binance, the world’s largest cryptocurrency exchange, and cryptocurrency platform Coinbase (NASDAQ:COIN).Representatives for Binance did not immediately respond to a request for comment on the letter. Representatives for the Justice Department could not be immediately reached. More
Sergej Kunz, a co-founder of decentralized finance (DeFi) protocol 1inch Network, believes the SEC’s enforcement action against the two centralized exchanges could have a negative effect on the growth of Web3 in the United States.Continue Reading on Coin Telegraph More
