The Securities and Exchange Commission could be emerging victorious in the race to secure the leading role in regulating stablecoins. Additional clarity on the demarcation of regulatory mandates between the SEC, Commodity Futures Trading Commission and the Treasury Department could come from the President’s Working Group for Financial Markets’ (PWG) report that was expected by
Month: November 2021
As defi continues to expand, it risks embracing the very ideology it initially sought to reject as the primary beneficiaries of this new financing paradigm are those who already own digital assets. Replacing Intermediaries Doesn’t Directly Improve Finance When it comes to financial products and solutions, almost everything comes with a catch, be it exceptional
Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious. According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing its entire gains from as much as $2,861 and dropping below
Bitcoin (BTC) sees a volatile start to a new week and a new month after its first ever monthly close above $60,000 — what’s next? After a highly anticipated end to “Uptober,” bulls are looking to November to provide the next phase of what they hope — and sometimes promise — will be a BTC
DeepMind is mostly known for its work in deep reinforcement learning, especially in mastering complicated games and predicting protein structures. Now, it is taking its next step in robotics research. According to a blog post on DeepMind’s website, the company has acquired the rigid-body physics simulator MuJoCo and has made it freely available to the
Roblox, the popular gaming platform, faced a prolonged outage that began on Friday and lasted through the weekend — much to the dismay of millions of children and the parents trying to keep them busy and cope with their anguish. On November 1, Roblox announced via Twitter that the service is back online. Roblox tweeted
Elon Musk has praised Starlink India Director Sanjay Bhargava for his ambitious project to provide high-speed Internet to rural areas, saying he has “much respect” for Bhargava. Musk said Bhargava deserves a lot of credit for PayPal’s success and that he is now helping SpaceX serve rural communities in India. Bhargava, who took charge of SpaceX’s
In this article RBLX The Roblox logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Roblox restored its services Sunday following a major outage that lasted for three days. Roblox, an online platform which lets users play and create games, began experiencing issues at around 7 p.m. ET on
WhatsApp is rolling out a cashback feature for users who often use Payments. This feature, as the name suggests, offers cashback to users on UPI transactions via WhatsApp Payments. This feature is said to be rolling out to Android and iOS beta users both. Tracker WABetaInfo reports that the cashback feature may be rolling out
Redmi Smart Band Pro and Redmi Watch 2 Lite have been announced. The two wearables come just days after the launch of Redmi Watch 2 and the Redmi Note 11 series. Redmi Smart Band Pro is a significant upgrade to Redmi Watch 2 Lite. It sports a larger display, over 110 workout modes, and comes
Twitter on Tuesday reported its quarterly revenue grew 37 percent and avoided the brunt of Apple privacy changes on advertising that hobbled its rivals, sending its shares up 3 percent. The social networking site has been working to add new features such as audio chat rooms to attract users, and also rolled out improvements to its advertising
Microsoft 365 (M365), formerly called Office 365 (O365), is Microsoft’s cloud strategy flagship product with major changes ahead, such as the deprecation of their legacy authentication protocols. Often stored on or saved to the device, Basic Authentication protocols rely on sending usernames and passwords with every request, increasing the risk of attackers capturing users’ credentials,
sponsored Some of the premier figures in crypto gathered at the Waldorf Astoria, Shanghai on October 27th, 2021, to celebrate a new alliance with a mission to advance the blockchain industry. The Blockchain Infrastructure Alliance (BIA) was inaugurated with a dinner hosted by the crypto-fiat payment network, Alchemy Pay, alongside co-hosts Polygon Network, NEAR Protocol,
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the
The weekend failed to ignite bullish momentum from crypto investors and both Bitcoin (BTC) and Ether (ETH) turned down on Oct. 31. The bulls will now try to achieve the third successive weekly close and the first-ever monthly close above the psychological $60,000 level. $63,000 is another level of interest for traders because the stock-to-flow