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Coinbase CEO says SEC told it to delist everything but Bitcoin: Report

Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies. NEWS Crypto exchange Coinbase was once told by the United State securities regulator to delist all cryptocurrencies on its platform except for Bitcoin  BTC $29,347 , according to CEO Brian Armstrong. In a July 31 interview with the […]

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Memecoin mania hits Base: Obscure tokens skyrocket amid rug pulls and FOMO

Memecoin traders have been buying up obscure tokens such as Bald and Based, which have each seen staggering price gains despite questionable utility. NEWS Memecoin madness has arrived on Coinbase’s Ethereum layer-2 scaling solution Base, bringing with it everything from remarkable shitcoin surges to classic token rug pulls. On July 30, memecoin traders were snapping […]

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Is 2023 the year we’re able to take control of our data?

Given the importance of sovereignty and data today, it is not possible for people to be fully sovereign without entrusting sovereignty over their own data. INNOVATION CIRCLE What is happening to my data? Although true control is limited in the digital age, our relationship with big tech and big media can be parasitic. During the […]

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Japanese Web3 developer HashPort Group raises $8.5M in funding round

The funds will be used to aid the firm’s global expansion across tough regulatory landscapes. NEWS Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new […]

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French privacy watchdog questions Worldcoin’s data collection method: Report

French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data. NEWS The French National Commission on Informatics and Liberty (CNIL), France’s data protection agency, is questioning the legality of Worldcoin’s data collection methods, according to a Reuters report.  In an email to Reuters on July […]

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Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more

This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more. NEWSLETTER Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the […]

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Another week of DeFi hacks, but ZK-proof development heats up: Finance Redefined

The total value locked in DeFi protocols remained below $50 billion after another week of exploits. NEWSLETTER Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by exploits and hacks, with […]

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Worldcoin is making reality look like a lot like Black Mirror

OpenAI’s sister company Worldcoin wants you to buy its coin — and possibly unleash a tempest of problems across the world in the process. OPINION Scanning your iris to become a “verified human” in exchange for digital currency sounds like a Black Mirror episode. But this is not the story arc of a dystopian science fiction show […]

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Hester Pierce strikes back against SEC crypto warning to accounting firms

Hester Pierce, a United States Securities and Exchange Commission commissioner, argued that full transparency should not come at the cost of compromising good-faith efforts. NEWS Commissioner Hester Pierce of the United States Securities and Exchange Commission (SEC) has raised concerns about the agency’s recent statement advising accounting firms against taking on non-audit work for crypto […]

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Welcome to the era of blocks and mortar: Learning from the past

So, the era of blocks and mortar is upon us. Grab your popcorn, because this is about to get really exciting. INNOVATION CIRCLE The idea of history repeating itself is commonplace. Nevertheless, it’s intriguing to watch it unfold when it happens, as I believe we’re seeing now with Web3 echoing the dot-com era.  If you […]

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