Gemini, a major cryptocurrency exchange, has countered allegations from the U.S. Securities and Exchange Commission (SEC) by drawing parallels to the Ripple case and emphasizing nuanced legal distinctions around securities issuance and sales. The SEC’s claim focuses on Gemini’s crypto lending program, Gemini Earn, alleging it involves securities sales. Gemini contests that the SEC hasn’t adequately defined the specific security […]

Generative AI is more likely to complement existing jobs than take over them entirely, though certain roles, such as clerical work, could see more of their tasks automated than others.  According to an Aug. 21 Generative AI and Jobs study by the International Labour Organization — a United Nations agency — 24% of clerical tasks are considered highly exposed to automation, […]

The Central African Republic (CAR) has extended its Sango blockchain project to tokenization of its land and natural resources. The country, one of the poorest and most crypto-friendly in the world, is one of the most active in crypto innovation. According to an announcement posted on X (formerly known as Twitter), the CAR National Assembly passed a law on tokenizing […]

The BIP 324 upgrade will encrypt communications between several nodes, making it difficult for third parties to track. Lead developer Dhruv Mehta explained that the philosophy of the update is centred on preserving the independence and permissionless nature of BTC. In the market, BTC fell by 0.04% over the last 24 hours as the asset traded slightly above $26,100. The mainstream […]

Bitcoin is forming a pattern that has historically led to the asset retesting a specific line. At present, this level would be found at $20,500. Bitcoin Has Dropped Below The 200-Day SMA With The Recent Crash A few days back, Bitcoin observed a sharp crash that took the cryptocurrency’s price toward the $26,000 mark. As this plummet was already significant, […]

Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand. In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million. Accordingly, the exchange raised its offer on 3.625% Senior […]

Shibarium, the much-anticipated layer-2 network of Shiba Inu is back online but remains under the radar, confined to an extensive private test phase. Shytoshi Kusama, the project’s lead developer, unveiled this update on Saturday. In his remarks, Kusama assured the community that they have resolved all technical challenges previously encountered on this layer-2 platform. Kusama mentioned, “Shibarium is currently live […]

So far in 2023, XRP has emerged as a top performer and a symbol of resilience. This report delves into XRP’s impressive Year-to-Date (YTD) performance, juxtaposes it with other leading cryptoassets, and sheds light on the factors driving its bullish trend. As of 9:40 a.m. UTC on 21 August 2023, XRP, the fifth most valuable cryptoasset with a market cap […]

Google, the parent company of YouTube, responded to a report that suggested YouTube advertisers are sourcing data from children viewing videos on the platform. On Aug. 18, a day after the report surfaced, Google posted a blog reinstating its “strict privacy standards around made for kids content,” which is content marked on YouTube created for children. The BigTech giant said […]