Almost half of those polled believe DeFi is worth considering A new survey from the DeFi Education Fund (DEF) suggests that many Americans are open to exploring decentralized finance, provided that lawmakers create a clear legal framework. The poll, conducted by Ipsos between August 18 and 21 with 1,321 adults, highlights both a growing curiosity
Tag: Cryptocurrency
Bitcoin Treasury Company Metaplanet Launches US, Japanese Subsidiaries
The company will focus primarily on Bitcoin income strategies and derivatives trading Metaplanet, the Tokyo-based company that pivoted from hospitality and real estate to become a major Bitcoin treasury holder, has expanded its crypto operations with the creation of two new subsidiaries—one in the US and one in Japan. *Notice of Expansion of Bitcoin Income
American Express to Issue NFT Passport Stamps to Cardholders
The gimmick is a way for AmEx users to commemorate their travels American Express is introducing a new way for cardholders to commemorate their travels by rolling out blockchain-based passport stamps. The initiative, called Amex Passport, offers digital collectibles that act as keepsakes for trips and will be issued as non-fungible tokens (NFTs) on Base,
Hardware Crypto Wallet Provider Blockstream Finds Scam Targeting Users
A new email campaign for the Jade wallet is actually crypto-stealing malware Blockstream, the company behind the Jade hardware wallet, has alerted its customers to a new phishing scam designed to steal crypto from unsuspecting users. The warning, issued Friday, highlights an email campaign that falsely claims to provide a firmware update for Jade devices.
Sam Bankman-Fried Heads To Court in November To Appeal Sentence
The man who caused the collapse of the FTC cryptocurrency exchange thinks his sentence is unjust Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is set to appear in court this November as part of his appeal against a 25-year prison sentence. The US Court of Appeals for the Second Circuit has scheduled
Avalanche Foundation Looks To Raise up to $1B for Crypto-Stacking Vehicles
The nonprofit supporting the Avalanche blockchain is looking for new funding sources The Avalanche Foundation, the nonprofit supporting the Avalanche blockchain, is working on an ambitious fundraising plan that could bring in up to $1 billion for new crypto-related projects. According to reports, the foundation is holding discussions with investors about setting up a digital
Gemini Has High Expectations for Its IPO, Eyes $3B Valuation
Gemini has upped the ante in its bid to launch an IPO Crypto exchange Gemini has raised expectations for its public debut, setting its sights on a valuation above $3 billion. The firm, founded by Cameron and Tyler Winklevoss, disclosed in an updated filing with the Securities and Exchange Commission that it now intends to
Auction House Christie’s Pivots Away From NFTs as Market Softens
Interest in NFTs is dwindling, forcing the company to rethink its involvement Christie’s, the 258-year-old British auction house, is scaling back its standalone involvement in NFTs as the global art market faces tighter conditions. The company confirmed it will fold its digital art operations, including NFT sales, into its broader 20th and 21st-century art category
EasyJet Founder Eyes the Crypto Space with EasyBitcoin
The platform wants to lower the bar for entry into the crypto ecosystem Stelios Haji-Ioannou, the billionaire best known for creating easyJet, has revealed plans to enter the cryptocurrency market with a new venture called EasyBitcoin. The move represents a sharp pivot from aviation to digital finance, but it carries echoes of the same low-cost,
Cybersecurity Company Finds Holes in Coinbase’s AI Coding Plans
Coinbase just announced an increase in its dependence on AI-driven coding A new report from cybersecurity company HiddenLayer is raising concerns about Coinbase’s reliance on artificial intelligence tools for software development. The firm said Thursday that it discovered a vulnerability known as the “CopyPasta License Attack,” which can be used to sneak malicious instructions into
Coinbase to Use AI Almost Exclusively to Write Its Code
Coinbase CEO Brian Armstrong has said AI will be a major part of the company’s future Coinbase is leaning heavily into artificial intelligence to reshape how it develops and maintains its platform. CEO Brian Armstrong revealed this week that more than 40% of the company’s code is now written with the help of AI tools,
SEC and CFTC Set the Record Straight on Spot Crypto Trading
The financial regulators are trying to clear the air on cryptocurrency investments US financial regulators have taken a step toward clarifying the rules for digital assets. Yesterday, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint staff statement confirming that regulated exchanges in the US and abroad can