Crypto News
US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto
A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S. Senator Tim Scott (R-S.C.) voiced his support for Paul Atkins’ nomination to a prominent financial regulatory role in aSource link
Aptos Adopts Chainlink Standard to Advance Web3 Development
Aptos, a layer one (L1) blockchain project, has integrated Chainlink data feeds to enhance decentralized application (dapp) development on its platform. Aptos Partners With Chainlink This collaboration provides developers on the Aptos network with access to Chainlink‘s tamper-proof and decentralized data feeds. The integration aims to support the creation of secure and efficient applications, leveragingSource link
Polymarket’s Customer Data Sought by CFTC Subpoena of Coinbase, Source Says
Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.Copies of the emails shared with some customers have circulated on social-media sites, and those warnings about the U.S. Commodity Futures Trading Commission (CFTC) requests are accurate, the person said. The U.S. derivatives regulator has conducted a drawn-out legal battle with prediction markets firms, and this latest move comes just days before the leadership of the agency will flip from Democratic to Republican when President-elect Donald Trump takes office."When we receive requests for information from a government,...
Wrapped Bitcoin Derivatives: Concerns Around Lack of Transparency Emerge
It’s not clear if all derivative assets that require bitcoin as collateral are fully backed as many assume. Is the Bitcoin Derivative Asset Market Built on a House of Cards? Some bitcoin (BTC) derivatives that claim to be fully backed by the cryptocurrency could be on shaky ground, according to a blog post by BitcoinSource link
The AI Revolution Will Spawn Millions of New Tokens
In October 2024, an AI agent became a millionaire for the first time. That's something only a tiny fraction of humans will ever accomplish, even after a lifetime of labor, but an AI agent managed it in a span of days. Terminal of Truths (ToT) watched as its associated token $GOAT skyrocketed to a $900M market cap — not through trading algorithms or customer service, but by building “memetic fitness” and creating its own religion.Maybe ToT is a temporary freak in a crypto asset bubble. Or, maybe it's a preview to a lasting change in how humans build and use computer technology. AI agents are now operating autonomously in the economy, owning assets, creating narratives and coordinating human activity –...