SEC Chair Gary Gensler faced criticism during yesterday’s congressional hearing over the agency’s approach to regulating cryptocurrencies despite omitting any mention of digital assets in his written testimony. Lawmakers and SEC commissioners questioned the effectiveness and clarity of current strategies, highlighting concerns about “regulation by enforcement” and the absence of…
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Bitcoin sellers are not rushing to distribute coins at current BTC price levels — even as hodler cohorts return to net profit. Source link
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Research by _checkonchain analyst, Checkmate, and dpuellARK highlights a refined approach to evaluating Bitcoin’s active realized price, offering a more precise perspective on the cost basis of active market participants. The approach looks at Bitcoin’s realized price metrics, adjusted for lost and long-dormant supply, are shedding new light on market…
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Golem’s latest report explains the transfer of 135,000 ETH to CEXs as part of a staking test to ensure operational security. Source link
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Economists and philosophers have discussed the role of money in society and its impact on human relationships for centuries. Karl Marx, for example, was wrong about many things, but his ideas on modern money and how it distorts modern life are worth reading. Consider these two quotes: “Money is the…
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The partnership comes shortly ahead of the implementation of the MiCA regulatory framework for crypto service providers. Source link
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OpenAI’s new advanced voice feature introduces five new voices, capable of remembering previous conversations and changing the topic of discussion mid-conversation. Source link
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Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.” Source link
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BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3. Source link
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MoneyGram’s services have been offline since Sept. 20, with the firm confirming the outage is due to a cybersecurity incident three days later. Source link