Generative Data Intelligence

Tag: albeit

After a $60M short assault, Aave recommends governance reforms.

On November 23, one day after Mango Markets' exploiter Avraham Eisenberg tried to exploit the decentralized finance protocol AAVE through a series of clever...

What’s New in Term SOFR?

In April, Amir gave a timely update on Term SOFR. In case you missed it: And the calls from the industry to make...

Lessons for Developed Market Fintechs – and Banks – in Emerging Markets (Gregg Early)

In about two generations, China has transformed from a largely agrarian country to the second largest economy in the world. That means Zoomers and...

FTX’s Collapse Reveals Deeper Questions About Bitcoin Adoption Versus Speculation

This is an opinion editorial by Brooks Lockett, a freelance writer and Bitcoiner who fell down the rabbit hole in 2018.I long for the...

Privacy-Protecting Regulatory Solutions Using Zero-Knowledge Proofs: Full Paper

November 16, 2022 Joseph Burleson, Michele Korver and Dan Boneh Editor’s note: Below is the full text of the paper “Privacy-Protecting Regulatory...

Product Update: September 2022

September was an extremely exciting month for Glassnode, engaging our entire team from engineering, data scientists, and analysts, to deploy a brand new suite...

Coin Bureau Conference 2022 Recap

<!-- --> There are some key monumental dates of epic historical significance in the crypto industry. These events will go down...

Covert ops with added science: The Curie Society

Kate Gardner reviews The Curie Society – a comic book by Heather Einhorn, Adam Staffaroni, Janet Harvey and Sonia Liao

The post Covert ops with added science: <i>The Curie Society</i> appeared first on Physics World.

Fed Chair Powell Says Crypto Requires New Rules, Citing ‘Threats’ To US Financial System

Federal Reserve Chairman Jerome Powell emphasized on Wednesday that technology transformation is here to stay in the financial sector and that new regulations will be required. Powell revealed some insight into how the United States would govern the market during a presentation at the Bank of International Settlements Innovation Summit on central bank digital currencies. The digital age was not taken into consideration when establishing our current regulatory structures, the Fed official said. “There will be revisions to current laws and regulations, as well as the creation of wholly new rules and structure, if central banks, stablecoins, and digital currencies are to be implemented,” he said during a roundtable discussion on CBDCs at the BISI Summit. Is There A Threat? Powell noted that emerging forms of digital money, like cryptocurrencies and stablecoins, pose threats to the US financial system and will necessitate the adoption of additional consumer protection measures. Powell reaffirmed his position that cryptocurrency should adhere to the “same activity, same regulation” premise. He proposed regulating stablecoin issuers, such as banks, in October 2021. “Stablecoins function similarly to money market funds. They’re similar to bank deposits… and it is reasonable for them to be controlled similarly, same activity, same regulation,” he concluded. Powell Says DeFi Can Improve Finance Sector Despite this, the Fed chairman acknowledged that distributed technology and DeFi have the potential to improve the payment system’s efficiency and foster a more competitive financial sector. This is an impressive recognition from the director of one of the country’s premier financial institutions. Other agencies and their personnel have embraced crypto and blockchain technology as well, albeit they all appear to advocate for some level of regulation. Crypto total market cap at $1.94 trillion on the daily chart | Source: TradingView.com Suggested Reading | Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says Stablecoins are a type of cryptocurrency that are typically backed by the dollar or a commodity such as precious metal. CBDCs are digital representations of dollars or other fiat currencies that governments issue. The Fed is exdigital currencies but has not yet decided whether to issue them. In January, it published a study on stablecoins. Biden’s Executive Order US President Joe Biden signed an executive order earlier this month directing the Treasury Department and other federal agencies to conduct a study on the impact of cryptocurrency on economic stability and national security. Biden’s directive comes as many Democratic legislators, notably Massachusetts’ Elizabeth Warren, have expressed worry that cryptocurrency could be used to circumvent US sanctions against Russia. As part of the executive mandate, the Treasury is leading a report on a CBDC in consultation with the Departments of Justice, Commerce, and State, as well as the Office of Management and Budget, Homeland Security, and the Director of National Intelligence, to determine whether the US should pursue a digital dollar. Suggested Reading | Bitcoin Breaks Past The $40,000 Barrier Again – Can It Sustain The Momentum? Featured image from CryptoSlate, chart from TradingView.com

‘List it Cheaply!’ Kaiju Kongz will Burn your NFT

Kaiju Kongz has added a burn mechanism to his new NFT collection. The project will burn if you list your NFT below a specific value on OpenSea. Needless to say, this decision has not gone over well with everyone. Several Twitter users speculated that the change is being made to “artificially pump” the project’s floor...

The post ‘List it Cheaply!’ Kaiju Kongz will Burn your NFT appeared first on Cryptoverze.

High Volatility Is On the Horizon

Bitcoin futures and options markets are pricing in higher volatility in the near future. Meanwhile, on-chain activity remains firmly in bear market territory, but continues to recover meaningfully.

Moss: Book II Promises A Bigger And Better VR Adventure

The highly-anticipated sequel to Polyarc’s charming VR platformer arrives on PSVR this month. It’s hard to talk about the best VR platforming games without mentioning Moss. Originally released on PlayStation VR before heading to PC VR and Meta Quest headsets, the expertly-crafted third-person platformer had players teaming up with the tiny but mighty Quill as […]

The post Moss: Book II Promises A Bigger And Better VR Adventure appeared first on VRScout.

Latest Intelligence

spot_img
spot_img
spot_img

Chat with us

Hi there! How can I help you?