OpenAI CEO Sam Altman launched the Worldcoin cryptocurrency today (July 24), promising to provide a tool to “distinguish humans from AI,” tackle online identity challenges, and solve income inequality. Worldcoin is unique among cryptocurrencies for using a proof of personhood (also known as PoP) credential issued by a custom biometric imaging device called the Orb.
Twitter owner Elon Musk is in the process of implementing a long-awaited rebrand of the social media platform to a new super-app called “X”. “X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities,” Twitter CE Linda Yaccarino said on Sunday.
BitGo delivers security, compliance, and custodial solutions for blockchain-based currencies. Institutions are ready to re-enter the digital asset market with evolved requirements in the wake of industry upheaval in 2022. BitGo CEO Mike Belshe believes that traditional financial (TradFi) firms will remain mostly outside of crypto space. Guest: Mike Belshe - CEO of BitGo BitGo website ➜ https://bit.ly/BitGoCustody
The "Financial Innovation and Technology for the 21st Century Act," a 212-page bill, aims to create a crucial regulatory framework for the digital asset sector. It seeks to introduce new regulations for digital asset exchanges and provide clear guidelines for the roles of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission in overseeing cryptocurrencies. The comprehensive bill has garnered support from influential members, including Rep. Glenn Thompson (R-P...
The ongoing Bitcoin ($BTC) ETF saga has been a subject of keen interest for institutional investors who are eagerly anticipating the SEC’s approval. On this episode, we take a look at a possible timeline for approval and chances of a denial by the SEC & Gary Gensler. Guest: James Seyffart, CFA, CAIA ETF Research Analyst Bloomberg Intelligence
SEC Chair Gary Gensler has requested for a significant increase in the agency's budget, justifying his stance with concerns over non-compliant behavior in the complex crypto markets. Gensler, who delivered these remarks at the U.S. Senate Committee on Appropriations, highlighted the SEC’s enforcement division’s track record of imposing $6.4 billion in penalties and disgorgement, following 750 enforcement actions in the 2022 fiscal year. ~This episode is sponsored by iTrust Capital~ iTrustCapital...
The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community. We're diving into a major set of announcements on Ethereum and related EVM chains such as Polygon and Arbitrum showcased Yesterday. Notably RMRK announcemed NFTs 2.0 launching next week a major upgrade to NFT functionality.
The Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to two. One of Ripple’s integrated partners, is a key component of FedNow’s operation and has attracted the attention of the Ripple community. According to certain claims, this partnership could benefit Ripple and XRP. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up usi...
The Cross-Chain Interoperability Protocol (CCIP), designed for building cross-chain applications and services, has now launched for early access users on the Avalanche, Ethereum, Optimism, and Polygon blockchains. The cross-chain protocol is a collaborative effort with Swift, the renowned global financial messaging network. Dynamic NFTs will also change the way we interact with game assets.
Yahoo Finance recently ambushed Securities and Exchange Commission (SEC) Chair Gary Gensler on his recent Ripple v. SEC loss pertaining to XRP. He expressed a mixed response to a court ruling stating that Ripple Labs’s XRP token is not necessarily a security. Gensler also insinuated another 6 months of nothing but enforcement actions against the entire crypto industry. Meanwhile, Representative Ritchie Torres, D-N.Y., has penned his second letter to the regulator calling for an overhaul of crypt...
The House Financial Services Committee has pushed back a scheduled vote on legislation that would create a comprehensive regulatory framework for stablecoins and trading of cryptocurrencies in the U.S. The committee debate and vote is now set for July 26. Meanwhile, SEC Chair Gary Gensler finally responds to devasting XRP loss in the Ripple v. SEC judge ruling. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custo...
The Ethereum Community Conference (EthCC) is the largest annual European Ethereum event focused on technology and community. We're diving into all of the major announcements and ethereum ecosystem projects showcased on Day 1.
In a recent legal battle that shook the cryptocurrency world, a U.S. judge ruled that Ripple's sales of XRP do not constitute an offer of investment contracts. This unexpected development has spurred discussions as to whether other top cryptos, such as Ethereum (ETH), Cardano (ADA) and Polygon (MATIC), could also be considered securities.
The U.S. Southern District Court’s ruling in partial favor of payments network Ripple represents a landmark win for the crypto industry and provides clarity as to what does and doesn’t represent a security, banking giant J.P. Morgan wrote in a research note Friday. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
The United States Securities and Exchange Commission case against Coinbase is shifting into high gear. Following a U.S. federal judge’s ruling that XRP—the token powering the Ripple network—is not a security in certain contexts, a sea of green has emerged across popular altcoins, with top coins up double-digit percentages over the past 24 hours. XRP itself is up a colossal % as of writing upon the news. Guest: James A. Murphy - Founder/Principal MetaLawMan ➜ https://www.metalawman.io/ Twitter ➜ ...
A New York court ruled on Thursday that Ripple's sale of XRP tokens on exchanges and through algorithms does not constitute an investment contract, but that the institutional sale of tokens violates federal securities laws. Judge Torres said that Ripple's Programmatic Sales, other distributions and XRP sales of Larsen and Garlinghouse do not constitute investment contracts.
Top US-based crypto exchange platform Coinbase is launching a new feature that would allow private direct messaging between Ethereum (ETH) addresses powered by web3 chat protocol XMPT that aims to grant users ownership of their chats. Lens Protocol is an open-source and composable social graph based on Web3 and built on the Polygon blockchain. The project aims to allow developers to launch social media platforms and profiles based on Web3. ~This episode is sponsored by Chart Prime~ Elevate your ...
Inflation slowed sharply in June to its slowest pace in more than two years, translating to less of a pinch on the average consumer’s wallet thanks to price relief across categories like energy, groceries and housing. On this episode, we're taking a look at a few altcoins to watch for a potential breakout. Guest: Tom Crown, Founder - Public Figure Blockchain Tom Crown Youtube Channel ➜ @TomCrown
Bank of America engaged in deceptive practices that hurt hundreds of thousands of its customers in recent years, the Consumer Financial Protection Bureau said Tuesday. The bank charged multiple $35 overdraft fees for the same transaction, failed to properly issue rewards to credit card users and signed up customers for card accounts without their consent, the CFPB said in a statement. The company has to pay $150 million in fines, as well as about $80.4 million to customers who were unfairly char...
MELD is the first decentralized and non-custodial DeFi banking protocol for lending & borrowing fiat & cryptocurrency. Services offered by MELD include creating cryptocurrency-backed loans, earning an interest return for lending fiat to borrowers and participating in reward incentive programs. MELD will enable instant loans against cryptocurrency holdings at a competitive APR, or to receive a credit line and only pay interest on what you use. Guest: Ken Olling - Founder at MELD Get Early...
In September of 2022, investor and hedge fund manager Mark Yusko, predicted a possible "face-melter" rally in 2023. Are we at the beginning of one for the crypto market? Guest: Mark Yusko, Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management Morgan Creek-Exos Risk-Managed Bitcoin Fund ➜ http://bit.ly/MCbitcoinfund
On this episode, were taking a look at Bitcoin ($BTC) weekend outlook. We're also diving into a recent report by Cathie Wood's ARK invest on Bitcoin ETF hype. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
Meta $META, Meta Platforms has launched its Twitter rival, Threads, and early signs are encouraging for the owner of Facebook and Instagram. More than 30 million users signed up to the microblogging app as of Thursday, according to Meta’s CEO Mark Zuckerberg, posting on the app itself. Will Mark Zuckerberg go through with his promise on turning it fully decentralized, or keep it a centralized walled-garden social media app like Facebook and Instagram? ~This episode is sponsored by Chart Prime~ E...
Crypto legislation in the U.S. is heating up as July 19th appears to be the date of highly possible U.S. House action on three separate crypto bills. Meanwhile, other countries like EU and Hong Kong are dominating in crypto-friendly business practices and consumer protection laws. Guest: Ron Hammond Director of Government Affairs, Blockchain Association Blockchain Association website ➜ https://bit.ly/BlockAssoc Follow Ron on Twitter ➜ https://bit.ly/RonHammond
BlackRock CEO Larry Fink on Fox Business with Liz Claman and Charlie Gasparino at 3:30PM EST. On the docket: The refiling of its $BTC spot ETF, ESG and more.
Valkyrie Funds is the latest firm with a proposed spot bitcoin ETF that plans to use a surveillance sharing agreement with crypto exchange Coinbase. Could this be enough to fuel a continuation of this recent crypto rally? Meanwhile, tech stocks continue to skyrocket as well. Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com Independence Day Sale at Verified Investing. Enjoy a site-wide 35% OFF! From a $75/mo crypto trade alert subscription (SAVE 35% with a 2-year membership!)...
A new validator client could soon improve the state of Solana going forward. Firedancer, an independent validator client, built by Jump, could make things better, at least on the DeFi front. The data suggests that Firedancer can enhance DeFi maturity by reducing latency times, thereby bringing decentralized exchanges closer to parity with centralized exchanges. ~This episode is sponsored by Chart Prime~ Elevate your Trading Game with Chartprime 30% discount Link ➜ https://bit.ly/3lZvR7M...
BlackRock, the world’s largest asset management company, has re-applied by issuing its Bitcoin spot ETF application after the SEC’s warning. Nasdaq has again submitted a bid to launch a spot Bitcoin exchange-traded fund (ETF) in partnership with the world’s largest asset manager BlackRock and leading US cryptocurrency exchange Coinbase. Meanwhile, Over the weekend, a report from “cryptoalert.com” citing “anonymous sources” stated that Chair Gensler had resigned from his position “following an in...
Bitcoin BTC dropped Friday following a report that the Securities and Exchange Commission said filings for a spot Bitcoin exchange-traded fund from BlackRock, Fidelity, and others—which have recently buoyed crypto prices—were inadequate. ~This episode is sponsored by Chart Prime~ Elevate your Trading Game with Chartprime 30% discount Link ➜ https://bit.ly/3lZvR7M
Apple's (AAPL) market valuation hit $3 trillion on Friday, making it the first publicly traded company to touch the milestone twice. The milestone comes after a rip-roaring first half of 2023 for tech stocks, which has seen the Nasdaq rise 30% while Apple stock has gained more than 45%. Meanwhile, the Microsoft vs FTC court battle heats up as we await a judges decision on the epic Activision Blizzard merger. Will the big tech bull-run continue?
