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CATEGORY: long reads

What the Binance CFTC Lawsuit Means for Crypto
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 29, 2023 05:50

What the Binance CFTC Lawsuit Means for Crypto

The Commodities Futures Trading Commission’s enforcement action against Binance could shutter the crypto behemoth if the regulator’s requests for injunctive relief and penalties stick—but there’s a lot more to the Commission’s lawsuit to unpack. The CFTC filed its lawsuit against Binance on Monday morning, which the company has said was “unexpected and disappointing,” citing its [...]

The post What the Binance CFTC Lawsuit Means for Crypto appeared first on Crypto Breaking News.

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Wall Street Is Coming for Crypto—Whether Early Believers Like It or Not
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 28, 2023 05:50

Wall Street Is Coming for Crypto—Whether Early Believers Like It or Not

At Money20/20 earlier this month, David Schwed, COO of Halborn, sent a message back to his team from the floor of the fintech conference in Amsterdam. “I’m happy,” he wrote. “I feel like there are adults here.” After attending crypto-centric conferences in Texas, Miami, and Barcelona over the past few weeks, he said seeing booths [...]

The post Wall Street Is Coming for Crypto—Whether Early Believers Like It or Not appeared first on Crypto Breaking News.

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Coinbase Is the Real Winner in the Bitcoin ETF Race—Here’s Why
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 26, 2023 10:45

Coinbase Is the Real Winner in the Bitcoin ETF Race—Here’s Why

The Bitcoin ETF race is on, and Wall Street behemoths like BlackRock and Fidelity are now battling for the title of first to offer a spot market product. But the winner will end up sharing that title with the partner that helps get it over the finish line. That company could be Coinbase. When BlackRock [...]

The post Coinbase Is the Real Winner in the Bitcoin ETF Race—Here’s Why appeared first on Crypto Breaking News.

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Ordinals Is Drawing Former Ethereum Devs to Build on Bitcoin
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 26, 2023 05:50

Ordinals Is Drawing Former Ethereum Devs to Build on Bitcoin

Among the crowds at the Bitcoin 2023 conference in Miami last week were pockets of Ethereum developers, drawn to the world’s biggest and oldest cryptocurrency by Ordinals. Several developers with roots in Web3 attended Bitcoin 2023 because of Ordinals, the protocol launched earlier this year that’s taken Bitcoin by storm—sparking a wave of innovation, hype, [...]

The post Ordinals Is Drawing Former Ethereum Devs to Build on Bitcoin appeared first on Crypto Breaking News.

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MetaCannes: How Web3 Filmmakers Are Leading ‘Next Wave’ of Cinema
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 24, 2023 10:30

MetaCannes: How Web3 Filmmakers Are Leading ‘Next Wave’ of Cinema

Set apart from Cannes’ iconic Croisette and the Palais des Festivals, “La villa des ministres” has played host to French luminaries ranging from government ministers to writer Romain Gary. During the 76th edition of the Cannes Film Festival, creators of another kind—independent film producers and directors—gathered in the gardens of the villa to launch the [...]

The post MetaCannes: How Web3 Filmmakers Are Leading ‘Next Wave’ of Cinema appeared first on Crypto Breaking News.

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A New Bitcoin Mining Giant Prepares to Enter the Fray
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 22, 2023 10:30

A New Bitcoin Mining Giant Prepares to Enter the Fray

Major Bitcoin miners Hut 8 Mining and U.S. Bitcoin Corp are set to merge to create a North American crypto mining giant.  If all goes according to plan, the U.S.-domiciled company—named Hut 8 Corp.—will have a market capitalization of $990 million and shareholders will have equal ownership of the company’s stock.  As first reported by [...]

The post A New Bitcoin Mining Giant Prepares to Enter the Fray appeared first on Crypto Breaking News.

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Ethereum Micropayments Solution Volition Says It’ll Make ‘Crypto for Coffee Transactions Viable’
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 22, 2023 10:30

Ethereum Micropayments Solution Volition Says It’ll Make ‘Crypto for Coffee Transactions Viable’

Volition, a new StarkWare product for the permissionless Starknet network, promises to drastically reduce Ethereum transaction fees, to the point where the network can support micropayments similar to Bitcoin’s Lightning Network. Set to go live with Starknet v0.13.0 later this year, Volition will “remove the big barrier to microtransactions,” StarkWare CEO Uri Kolodny told Decrypt. [...]

The post Ethereum Micropayments Solution Volition Says It’ll Make ‘Crypto for Coffee Transactions Viable’ appeared first on Crypto Breaking News.

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Web3 Producer Goes Hollywood as His Short Film ‘An Irish Goodbye’ Wins an Oscar
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Mar 14, 2023 05:50

Web3 Producer Goes Hollywood as His Short Film ‘An Irish Goodbye’ Wins an Oscar

Nick Sadler’s film was about five hours away from winning an Oscar, and a mysterious material would not dislodge itself from the interior of his showtime jacket.  “Oh my fuckin’ lord. Sorry. My language,” he said. “What the fuck is that? What do I do?” It was cat hair, it turned out, courtesy of a [...]

The post Web3 Producer Goes Hollywood as His Short Film ‘An Irish Goodbye’ Wins an Oscar appeared first on Crypto Breaking News.

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CryptoPunks NFT in Centre Pompidou ‘Quite a Surprise’: Larva Labs Co-Founder
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 20, 2023 10:30

CryptoPunks NFT in Centre Pompidou ‘Quite a Surprise’: Larva Labs Co-Founder

Among the original artworks by Matisse and Picasso, visitors to Paris’ famed Centre Pompidou can now find a unique new exhibit: a CryptoPunks NFT. It’s part of a new exhibition titled “Policies of the Immaterial: From Certificate to Blockchain,” exploring the relationships between blockchain and artistic creation. Running until January 2024, the exhibition features work [...]

The post CryptoPunks NFT in Centre Pompidou ‘Quite a Surprise’: Larva Labs Co-Founder appeared first on Crypto Breaking News.

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The ‘Napoleon Dynamite’ Cast Is Finally Back Together. You Can Thank NFTs
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 20, 2023 05:50

The ‘Napoleon Dynamite’ Cast Is Finally Back Together. You Can Thank NFTs

Rob Feldman would not stop laughing. “I’m sorry, I’m sorry. Okay,” he said, before unraveling into another fit of giggles. “Okay. Wooh!” Feldman is a comic book author. He’s spent well over a decade trying to get television adaptations of his comics off the ground—a feat that hasn’t proven so easy. But on a foggy [...]

The post The ‘Napoleon Dynamite’ Cast Is Finally Back Together. You Can Thank NFTs appeared first on Crypto Breaking News.

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As Crypto Burned Stateside, NFT Believers Partied Through the Night in Lisbon
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 15, 2023 10:30

As Crypto Burned Stateside, NFT Believers Partied Through the Night in Lisbon

Only one presenter or panelist appeared to utter the U.S. Securities and Exchange Commission’s three-letter acronym during this year’s NFC Lisbon event last week. “We are obviously aware of the litigation advanced against Binance and Coinbase in the U.S. from the SEC,” The Sandbox COO Borget said during a brief press event in the famed [...]

The post As Crypto Burned Stateside, NFT Believers Partied Through the Night in Lisbon appeared first on Crypto Breaking News.

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Prometheum: What You Need to Know About the SEC’s Poster Child for Crypto Compliance
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 16, 2023 05:50

Prometheum: What You Need to Know About the SEC’s Poster Child for Crypto Compliance

If you’d never heard of the crypto startup Prometheum before this week, you’re far from alone. And yet, seemingly overnight, the company has become the Securities and Exchange Commission’s poster child for compliance—a shining example of regulatory certainty for an industry filled with “hucksters, fraudsters, and scam artists,” according to SEC Chair Gary Gensler. So [...]

The post Prometheum: What You Need to Know About the SEC’s Poster Child for Crypto Compliance appeared first on Crypto Breaking News.

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‘Bad Like Brooklyn Dancehall’ Brings Shaggy and Jamaican Culture to Tribeca
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 15, 2023 05:50

‘Bad Like Brooklyn Dancehall’ Brings Shaggy and Jamaican Culture to Tribeca

At the premiere of documentary film “Bad Like Brooklyn Dancehall” last Thursday at the Tribeca Film Festival in Manhattan, the storied, cinema-centered event felt more like a concert as artists from the doc graced a showroom stage. As attendees danced under the glow of blue and purple stage lights, artists such as Jamaican music star [...]

The post ‘Bad Like Brooklyn Dancehall’ Brings Shaggy and Jamaican Culture to Tribeca appeared first on Crypto Breaking News.

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Public Good or Panopticon? Arkham’s ‘Dox-to-Earn’ Marketplace Cuts at Heart of Crypto
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 13, 2023 02:10

Public Good or Panopticon? Arkham’s ‘Dox-to-Earn’ Marketplace Cuts at Heart of Crypto

It’s been a busy week for the on-chain intelligence firm Akrham following the announcement of its new intelligence exchange.  Arkham Intelligence CEO Miguel Morel told Decrypt that he’s spent much of his time fielding calls from the media as he tried to clarify his company’s new offering. He wants the community to believe he’s doing [...]

The post Public Good or Panopticon? Arkham’s ‘Dox-to-Earn’ Marketplace Cuts at Heart of Crypto appeared first on Crypto Breaking News.

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Unpacking the Federal Lawsuits Against Celsius Network and Its Ex-CEO
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jul 14, 2023 05:50

Unpacking the Federal Lawsuits Against Celsius Network and Its Ex-CEO

In 2021, when the crypto market was booming, lender Celsius Network was one of the biggest digital asset brands in the world—claiming to manage over $25 billion in assets. But fast forward to today, and the company’s bankrupt and ex-CEO Alex Mashinsky has been arrested. He’s facing a number of serious criminal—and civil—charges. Exactly one [...]

The post Unpacking the Federal Lawsuits Against Celsius Network and Its Ex-CEO appeared first on Crypto Breaking News.

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MiCA: What Europe’s New Crypto Rules Mean for the Industry
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 11, 2023 02:10

MiCA: What Europe’s New Crypto Rules Mean for the Industry

After more than two and a half years of discussions and adjustments, the European Union looks set to pass its landmark crypto regulations. The comprehensive suite of new rules is slated for a vote on the week of April 17. Markets in Crypto Assets (MiCA) is part of a broader package within the EU aiming [...]

The post MiCA: What Europe’s New Crypto Rules Mean for the Industry appeared first on Crypto Breaking News.

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AI Kryptonite: Why Artificial Intelligence Can’t Handle Hands
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Apr 11, 2023 05:50

AI Kryptonite: Why Artificial Intelligence Can’t Handle Hands

Recent rapid developments in artificial intelligence rank among the most significant technological breakthroughs of the decade. Today, text-to-art, generative AI models like Midjourney and DALL-E are so sophisticated that sometimes users’ own human limitations—rather than the model’s constraints—are often the primary obstacle when people have first contact with the technology. When you can create anything, [...]

The post AI Kryptonite: Why Artificial Intelligence Can’t Handle Hands appeared first on Crypto Breaking News.

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How Guns N Roses Used AI to Create Wild New Music Video The General
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Feb 01, 2024 05:18

How Guns N Roses Used AI to Create Wild New Music Video The General

Music videos have long served as testbeds for new technology, from the 3D characters populating Dire Straits Money for Nothing to the pioneering CGI morphing techniques employed in Michael Jacksons Black or White. Now, iconic hard rock band Guns N Roses has brought generative AI into the mix for their latest video to accompany new [...]

The post How Guns N’ Roses Used AI to Create Wild New Music Video ‘The General’ appeared first on Crypto Breaking News.

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Did Apple’s Headset Reveal Revive the Web3 Metaverse—Or Kill It?
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 08, 2023 05:50

Did Apple’s Headset Reveal Revive the Web3 Metaverse—Or Kill It?

The metaverse was dying. Some said it was already dead. Then along came Apple.  On Monday, the tech colossus unveiled its Vision Pro headset, a cutting-edge, immersive mixed reality device the company claims will single-handedly usher in a new age of “spatial computing.”  In its exhaustive, meticulously staged, 46 minute roll-out of the device, Apple [...]

The post Did Apple’s Headset Reveal Revive the Web3 Metaverse—Or Kill It? appeared first on Crypto Breaking News.

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More Than ‘Frens’: How Two Family-Run NFT Projects Found Success in a Volatile Industry
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
May 06, 2023 10:30

More Than ‘Frens’: How Two Family-Run NFT Projects Found Success in a Volatile Industry

The notion of separating work and personal life has long been ingrained in traditional business culture. Never mix business with pleasure, claims the old adage. Establishing well-defined boundaries to foster a healthy work/life balance is viewed as a milestone of success. However, the internet has made the world a smaller place, connecting humans more than [...]

The post More Than ‘Frens’: How Two Family-Run NFT Projects Found Success in a Volatile Industry appeared first on Crypto Breaking News.

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