Month: March 2023
Gary Gensler: SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative […]
Paxful to Refund Celsius Earn Deposits to Affected Company Members
The funds will be returned from Paxful’s reserves.
Most Crypto Sent From Wallets Sponsoring Russia in Ukraine War Reaches CEXs, Binance, Research Shows
Millions of U.S. dollars’ worth of cryptocurrency has been sent to centralized exchanges (CEXs), most notably Binance, from wallets providing funds in support of Russia’s war effort in Ukraine, transaction data suggests. According to Ukrainian analysts, the money was transferred to the crypto trading platforms in order to be laundered. Over 90% of Pro-Russian Crypto […]Banking Sector Wary of Crypto After Silvergate, Signature Closures
A wave of crypto firms are searching for a home after major US banking partners fell apart this month – but finding new banking partners is proving difficult.
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured […]Big Short’s Michael Burry Says He “Was Wrong to Say Sell”
The man who predicted the 2008 financial crisis is no longer bearish on the broader market.
Stablecoin Supply Shift: TUSD Jumps 110% While Others Experience Reductions
Four stablecoins have reduced their supplies this month, while the stablecoin token TrueUSD (TUSD) has seen its supply jump 110% higher over the last 30 days. TUSD resides natively on four different blockchains. The number of Ethereum-based TUSD rose 27%, while the number of Tron-based TUSD stablecoins increased by 218%. TUSD Supply Swells, Tron-Issued Stablecoins […]SBF to Enter Not Guilty Plea to Campaign Financing and China Bribery Charges: Report
Sam Bankman-Fried is reportedly planning to plead not guilty to a new 13-count indictment leveled against him by US prosecutors.
Use Coding Clinic for ICD-10 insight
Coding tasks involving complex reasoning, such as those in which disparate pieces of information must be connected, are a difficult challenge for current NLP systems.—Kukafka [more…]
EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions
EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their customers’ identity, what they own and who controls the company,” […]
