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The legal team representing the United States Securities and Exchange Commission (SEC) in its civil case against Binance is requesting the court grant a motion to allow documents filed under seal. In an Aug. 28 filing in U.S. District Court for the District of Columbia, the SEC petitioned a federal…

1. Introduction NEAR Protocol has positioned itself as a Blockchain Operating System (BOS) aiming to become an open-source community-run public cloud computing platform for decentralized applications (dApps). As a BOS, NEAR aims to cater to three core audiences: developers, enterprises, and end-users, allowing them to build and interact with decentralized…

Crypto asset manager Grayscale Bitcoin Trust (GBTC) has scored a major victory against the U.S. Securities and Exchange Commission in its efforts to convert its over-the-counter GBTC application into a listed Bitcoin ETF. According to August 29 court filings, U.S. Court of Appeals Circuit Judge Neomi Rao ordered that Grayscale’s…

In a landmark ruling on August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit vacated an order from the Securities and Exchange Commission (SEC), granting Grayscale Investments LLC a long-awaited victory in its lawsuit over the conversion of its Bitcoin Trust into a spot…

Bitcoin (BTC) may offer investors a rare chance to buy at a support zone with a “100% long hit rate,” new analysis says. In its latest update piece on Aug. 29, crypto asset manager Capriole Investments told investors to watch for a BTC price dip to $24,000. Capriole founder “very…

Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner generated a total revenue of $73.9 million, while its “cost of revenues” were $143.9 million, resulting…

Bitcoin mining company Canaan announced its unaudited financial results for Q2 2023, showing growth in computing power sold and Bitcoin (BTC) mining revenues, while it tackled a significant net loss of $110 million — up 31% on Q1. The Nasdaq-listed company outlined a variety of reasons influencing increased revenues and a…

Mastercard held its first-ever blockchain innovation sprint in London last week as part of the development of its Multi-Token Network (MTN.) Among the participants was fintech startup Polytrade, which showcased how its blockchain-based platform for trade financing could integrate with the MTN. The network aims to enable consumers, merchants, and…

Many leading media companies have taken a stance against allowing artificial intelligence (AI), like OpenAI’s ChatGPT, into the newsrooms, and have withheld permission for AI to scan their content on the web.  It has been reported that multiple mainstream media companies including CNN, the New York Times and Reuters have…