Gan Kim Yong, Deputy Prime Minister and Minister for Trade and Industry, and Chairman of Monetary Authority of Singapore responded to say that while Worldcoin does not perform a payment service under Singapore regulations, people buying or selling Worldcoin accounts and tokens may be acting illegally by providing a payment service as unlicensed individuals. Source
Ellison’s diary entries – a select few pages anyway – also lay out her thought process during her time at Alameda, describing her mood, how work and her relationship with Bankman-Fried affected her and her thoughts on how to improve her life (taking a day off work, going outside, keeping in touch with friends and reducing her Adderall dosage, among other possible remedies). Source
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned. Source
“Ms. Ellison has been the focus of intense media scrutiny and Internet fascination since the outset of this case, including from Sam Bankman-Fried’s repeated efforts to release Ms. Ellison’s private information to the media,” the filing said. “Because Ms. Ellison’s friends should not be subject to harassment and doxing because they have written to the Court, Ms. Ellison seeks leave to redact their names and other identifying information from the publicly filed version of the letters and her sentencing memorandum.” Source
As if your job wasn’t hard enough, you’ve also got the gatekeepers to contend with; the regulators. From the justice system, through government agencies, to your company’s legal team, they hold the keys to the game. Whether it’s regulating securities, derivatives, and futures, dealing with tax implications, anti-money laundering (AML) protocols, know-your-customer (KYC) regulations, or ensuring custody and monitoring to prevent deceptive financial practices, the spectrum of oversight is vast. Like it or not, they’re here to stay, and they wield significant power. In some countries more than others, but…
Tokenized deposits, sometimes known as deposit tokens, are blockchain representations of fiat currency bank deposits. They are issued by banks, backed by fiat deposits at those banks, and can run on either private or public blockchains (although, since these are heavily regulated entities, they’ll want complete control of access). In some cases, such as with JPMorgan’s JPM Coin, they are used to settle transactions between JPMorgan clients. In others, such as SocGen’s EURCV, they can be transferred to clients who do not have accounts at the issuer bank, but only…
“It is not a rare occurrence that a solo miner finds a block, it is just a low probability event,” CryptoQuant’s head of research Julio Moreno told CoinDesk. “However, this has been happening a little bit more frequent as there has been a growth in the production of small ASICs (mining equipment), which is specifically targeted to people that want to mine by their own from their own home.” Source
The company – backed by Overstock and New York Stock Exchange parent Intercontinental Exchange (ICE) – said that as soon as early next year, it’ll start opening services for assets including private securities, securitized real estate, art and sports assets. It’ll start with the “full digitization of tZERO’s Series-A preferred equity security,” TZROP, the company said. Source
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said. Source
“Fabric’s VPUs can accelerate the timeline for wider adoption of zero-knowledge technology from three to five years to six to 12 months,” Polygon co-founder Mihailo Bjelic said in the press release shared with CoinDesk. “For Polygon Labs, implementing this tech will massively accelerate the development of the AggLayer, bringing real-time, affordable proofs that nobody thought would come for years, and much lower proving costs than previously thought possible in the medium-term.” Source