Day: September 13, 2023

Apple Unveils iPhone 15 with Titanium Casing

According to the announcement, the iPhone 15 Pro can help to create “spatial videos” which make use of two of the device’s cameras to capture video in 3D. Apple Inc (NASDAQ: AAPL) has announced the launch of its latest iPhone 15 series with features such as a titanium shell, a faster chip, and functionality for a better gaming experience. The company held its annual iPhone launch event on Tuesday, September 12 at Apple Park, the company’s headquarters in Cupertino, California. In a surprising turn of events, the company did not…

Ripple Says Ongoing SEC Lawsuit Presents Global Expansion Opportunities

Top voices in the crypto industry have continued to criticize the US government and its approach toward regulation. American crypto firm Ripple has said that its ongoing lawsuit with the US Securities and Exchange Commission (SEC) may be a blessing in disguise. The firm’s president, Monica Long revealed this in a recent tell-it-all interview with CNBC. Recall that the SEC first came after Ripple in 2020, accusing the firm of violating federal securities laws. At the time, the regulator said Ripple sold $1.3 billion of its native cryptocurrency XRP, even…

Crypto Market Shows Signs of Stability Ahead of U.S. CPI

Bernd Sischka, Chief Commercial Officer at PowerTrade, a crypto options and derivatives exchange, said to CoinDesk in a note that this swift rally wasn’t necessarily driven by a genuine shift from bearish to bullish sentiments. Instead, it appeared to be spurred by aggressive short covering and a liquidity crunch, leading to rapid and volatile price movements. Source

Ripple CEO calls US one of the worst regions for crypto startups

Ripple CEO Brad Garlinghouse says that the United States is one of the worst regions for crypto companies as his company has been struggling with the country’s SEC. Garlinghouse discouraged crypto startups and investors from launching in the US at a Token 2049 panel in Singapore.  Brad Garlinghouse, the CEO of Ripple, calls the 🇺🇸U.S. the worst nation for startups to launch. Garlinghouse says the U.S. should consider implementing #crypto policies from Singapore, the 🇬🇧U.K., the 🇦🇪UAE and 🇨🇭Switzerland. — DeFi UnCut (@DefiUncut) September 13, 2023 Moreover, he added that…

Binance.US CEO Resigns as Company Conducts Another Round of Layoffs

The impact of regulatory challenges on the exchange’s market share has been notable. Binance.US has experienced a substantial decline in its market presence in the United States. Brian Shroder, the CEO of Binance.US, the American arm of the world’s largest exchange, has resigned from his position as the company grapples with mounting regulatory challenges in the United States. According to a company spokesperson, Shroder, who assumed the role of CEO in September 2021, will be succeeded on an interim basis by Norman Reed, the company’s Chief Legal Officer. Binance.US Conducts…

Why The NASDAQ’s Latest Move Is Important For Fund Managers Filing Ethereum ETFs

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Traditional financial institutions that have filed crypto ETF applications have focused on a particular market (spot or futures). However, a recent NASDAQ application suggests that the asset manager Hashdex is taking a different approach, which could be a game changer in the Ethereum ETF race.  NASDAQ Proposes To List Ethereum ETF According to the application filed with the US Securities and Exchange Commission (SEC), the stock exchange plans to list and trade shares of the Hashdex Nasdaq Ethereum ETF, which will be managed and controlled by Toroso Investments LLC. Interestingly,…

The Alliance Crypto Conference is Nearing — Will You Be There?

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On September 21, Timișoara—Europe’s 2023 Cultural Capital—will host “The Alliance.” This conference, organized by crypto.ro, aims to be a milestone in blockchain and crypto technology. Event Vision “The Alliance,” organized by crypto.ro, is a conference focused on innovation, collaboration, and education. The event aims to accelerate the adoption and development of blockchain technology, both on a local and international scale. It seeks to bring together industry heavyweights, such as Binance—the world’s largest trading platform—as well as key players from Romania like MultiversX, the country’s most significant blockchain project. Sponsors and…

Emurgo to invest and fill 21 areas ‘missing’ from Cardano: Emurgo CEO

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Decentralized identities and layer-2 solutions are some of the “gaps” in Cardano that the Emurgo team is working to fill, according to its founder and CEO.  Cointelegraph Magazine editor Andrew Fenton spoke with Ken Kodama, the founder and CEO of Emurgo — which is one of the three entities governing Cardano. Kodama talked about shifting their current approach into a venture studio model to fill 21 categories that they believe are “missing from Cardano” when compared to other leading blockchains. According to Kodama, there are two key approaches to fill…

MetaMask expands to include Bitcoin with Snaps rollout

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ConsenSys has launched MetaMask Snaps, a rollout that enables interoperability with multiple layer-1 blockchains, including Bitcoin and Solana. On Sept. 12, Consensys launched MetaMask Snaps — a feature set that adds versatility to the existing MetaMask wallet. Today marks a major milestone for MetaMask: we’re launching MetaMask Snaps Open Beta, the first step towards our journey to create a fully permissionless ecosystem with MetaMask. 🦊 Read the 🧵for everything you need to know 👇https://t.co/DuHrwxQvi8 — MetaMask 🦊🫰 (@MetaMask) September 12, 2023 MetaMask has predominantly been an Ethereum-focused platform, providing a…

Musings From Korea Blockchain Week

Across several talks, founders at Hashed, one of Korea’s premier blockchain funds, said decentralized exchanges, or DEXs, needed to get much more sophisticated than the current cohort of products that allow users to swap tokens in turn of yield rewards. Ideas included creating better code for how DEX order books work to fill trades faster without the concerns of front-running. Source