Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case
Month: March 2023
Vivo TWS Air earbuds were launched today on March 1, alongside Vivo V27 Pro. The earbuds come with a 14.2mm speaker driver, IP54 water and dust resistance as well as dual-mic call noise cancellation feature, and more. The wearables support Bluetooth 5.2 and Google Fast Pair features. It offers up to 25 hours of battery
Telegram has started rolling out an update for macOS this week with a bunch of new features and several new improvements. The app brings update version 9.4.1 to MacBooks with new features like power saving mode, individual autoplay settings for videos, GIFs, and more. It has also brought bug fixes and other improvements. The new
Stablecoins are entering a period of great uncertainty following the U.S. Securities and Exchange Commission labeling BUSD an “unregistered security” and ordering Paxos to stop minting new tokens. Do these moves signal a wider war by U.S. regulators on stablecoins? Could the SEC declare all stablecoins securities, or is BUSD a special case? Independent crypto
In a new interview, Brooks Entwistle, senior vice president of customer success and managing director of APAC and MENA at Ripple, talked about the company’s efforts and goals in the Central Bank Digital Currency (CBDC) space, revealing some interesting details. The exec explained that interaction with regulators around the world is “invaluable.” Unlike the U.S.,
The founders of the troubled cryptocurrency lender Hodlnaut are trying to save the business despite creditors insisting on its liquidation. On Feb. 28, Hodlnaut’s interim judicial managers released the sixth affidavit of Hodlnaut co-founder Simon Lee, reportedly stating the company’s founders proposed selling the business as a better option for creditors than liquidating the firm.
Yaya Fanusie, a cryptocurrency researcher and former CIA analyst, believes the United States government’s relatively slow start on central bank digital currency (CBDC) development may result in it losing its grip on the global financial system. Fanusie, the policy head at crypto advocacy group, the Crypto Council for Innovation, explained in a Feb. 28 Bloomberg interview,
Meta unveiled its high-end virtual and mixed reality headset Quest Pro in October last year. Now, the Facebook parent seems to be investing heavily towards its metaverse plans with a flurry of AR (augmented reality) and VR (virtual reality) products. Meta is reportedly gearing up to release its first pair of smart glasses with a
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto
This week on The Market Report, the resident experts at Cointelegraph discuss the recent fear, uncertainty and doubt (FUD) around the popular cryptocurrency exchange Binance and what the CEO of Solana had to say about recent outages. We kick things off with this week’s top stories Binance CEO responds to Forbes claims: ‘They don’t know
The Last of Us episode 8 trailer is out. Keeping with the trend, HBO has dropped a preview for the upcoming episode of the post-apocalyptic drama based on the beloved PlayStation video game, teasing a group of cannibalistic survivors who come to Ellie and Joel’s aid, but with ulterior motives. Titled ‘When We Are in
Apple is moving to in-house 5G modem chips for its 2024 iPhones, as far as the chief executive of Qualcomm — which currently produces them for the tech giant — is aware. “We’re making no plans for 2024, my planning assumption is we’re not providing [Apple] a modem in ’24, but it’s their decision to
The Redmi Note 12 4G is expected to be released in India and other global markets soon. It was previously spotted on the IMEI website, implying an imminent launch. Previous rumours suggested that the device would be a rebranded version of the Redmi Note 10 Pro. The launch of the Redmi Note 12 Pro 4G
Mar 01, 2023Ravie LakshmananEncryption / Email Security Google has announced the general availability of client-side encryption (CSE) for Gmail and Calendar, months after piloting the feature in late 2022. The data privacy controls enable “even more organizations to become arbiters of their own data and the sole party deciding who has access to it,” Google’s
The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel’s upper band on Feb. 21. The total crypto market capitalization remains above the psychological $1 trillion mark and, more importantly, cautiously optimistic after a new round of negative remarks from regulators. Total crypto
Bitcoin (BTC) miner Marathon Digital will reissue a number of previous financial statements after the United States Securities and Exchange Commission pointed out some accounting errors the firm made. According to a Feb. 27 SEC filing, Marathon will restate its unaudited Q1, Q2, and Q3 quarterly reports from both 2021 and 2022 in addition to