Coinbase CEO Brian Armstrong questions CFTC jurisdiction over DeFi protocols

Coinbase CEO Brian Armstrong urged the U.S. Commodity Futures Trading Commission (CFTC) against “creating enforcement actions against decentralized (DeFi) protocols” because “it’s highly unlikely the Commodity Exchange Act” applies to them, according... Read more »

Nasdaq executive says BlackRock’s first Bitcoin ETF rejection was ‘purely procedural,’ not final

An early dismissal of BlackRock’s planned spot Bitcoin ETF should not affect its eventual success, according to statements from Nasdaq executive Giang Bui on Sept. 13. BlackRock filed an application for a... Read more »

Analyzing Ethereum’s inflationary and deflationary supply trends

Since Ethereum’s Merge on Sep. 15, 2022, the crypto industry has been abuzz with discussions about its supply dynamics. The Merge marked the network’s transition from a Proof-of-Work (PoW) consensus mechanism to... Read more »

Elizabeth Warren criticizes upcoming closed-door AI summit between senators, tech leaders

Senator Elizabeth Warren criticized a series of upcoming meetings with AI industry leaders in a conversation with NBC on Sept. 12. There, Warren commented on the closed nature of proceedings, stating: “These... Read more »

U.S. Treasury yield spread dips to historic lows signaling economic caution

The U.S. Treasury yields have recently been flashing warning signs. These yields, representing the return on investment for U.S. government bonds, serve as a crucial barometer of market sentiment and overall economic... Read more »

Meta reportedly building new AI model to compete against OpenAI’s ChatGPT

Meta, formerly Facebook, is developing a new artificial intelligence (AI) model to compete with OpenAI, the Wall Street Journal said on Sept. 10. According to that report, Meta intends for its new... Read more »

An Interview with Felix Xu

As a journalist, I get hundreds of requests for interviews and articles every week. When I came across information on Randcast, I was intrigued. Most pitches for web3 gaming stories are related... Read more »

Friend.tech regains launch hype momentum as revenue hits $5.6M amid surge in usage

Friend.tech’s revenue hit $5.6 million on Sept. 9, marking a 30-day high for the recently launched blockchain social networking platform, which has regained some of its lost momentum, according to Token Terminal... Read more »

Coinbase raises USDC interest rate to 5%

Coinbase is now offering up to a 5% interest rate on any USDC held on the exchange, up from the 4% introduced earlier in the year. Based on historical data from the... Read more »

G20 calls for ‘swift’ creation of crypto tax reporting rules and info exchange

G20 leaders are moving rapidly toward a Crypto Asset Reporting Framework, according to a report from The Times of India on Sept. 9. That framework would see G20 member countries collect and... Read more »