Bitcoin Is Actually, Finally About to Have an ETF

This episode is sponsored by NYDIG. Download this episode On today’s episode, NLW looks at the buzz and excitement around a bitcoin futures ETF. The historical moment could be an inflection point for new audiences to get into the asset class. At the same time, there are some who suggest that a bitcoin futures ETF won’t be all it’s cracked up to be. See also: Bitcoin Climbs Above $60K After Report That SEC Won’t Block Futures ETF “The Breakdown” is written, produced by and features NLW, with editing by Rob…

Coinbase Wants Coders to Help With Its Crypto Regulation Proposal

Fresh on the heels of Coinbase asking the U.S. government to create a new regulator to oversee the cryptocurrency industry, the exchange is seeking public input via GitHub. A repository published Thursday by the crypto giant is seeking suggestions from techno-savvy observers. “This framework represents our good-faith suggestions on a U.S. regulatory framework for digital assets,” Coinbase wrote. “We encourage your contributions to this discussion about the role of digital assets in our shared economic future.” A Coinbase spokesman confirmed it’s the first time the company has used GitHub to…

$2T and Counting: Some Friday Perspective

Nic Carter, prominent industry venture capitalist and shyguy, had an insightful comment yesterday about how it’s easy to lose sight of reality when you’re logged on, heads down focused on building the digital tomorrow. It was in an article about tungsten – the latest obsession among many on Crypto Twitter. “Focusing on metals is funny because, like, we’re dealing with synthetic stuff all day, right? So, like, why not just recenter on some analog physical goods every now and again. That’s the joke,” he said. This article is excerpted from…

CFTC Fines Tether and Bitfinex $42.5M for ‘Untrue or Misleading’ Claims

The Commodity Futures Trading Commission said Friday it had issued an order “simultaneously filing and settling charges against Tether,” the issuer of the crypto industry’s largest stablecoin. Oct 15, 2021 at 3:11 p.m. UTC Updated Oct 15, 2021 at 3:14 p.m. UTC Acting CFTC Chair Rostin Behnam (L), Federal Reserve Chair Jerome Powell and Federal Deposit Insurance Corporation Chair Jelena McWilliams (Stefani Reynolds/Bloomberg via Getty Images) Source link

An Argentine Entrepreneur Tries to Take His Tipping App Global With the Lightning Network

Damian Catanzaro, a 26-year-old Argentine programmer, created a sensation among Argentinian content creators and NGOs with Cafecito, a tipping platform he started in Feb. 2020 that’s reached 300,000 users. But now he wants to go global after recently integrating the Lightning Network, a Layer 2 payment product built on top of the Bitcoin blockchain. Catanzaro developed Cafecito – the name is a Spanish word that refers to a small cup of coffee – when he was looking for ways to monetize the educational programming content he was publishing in his…

Meet the DeFi Delegate Knocking on the Doors of Congress

On the other hand, “LexpunK,” another effort, is a “Builder Defense DAO” with the stated intent of waging “guerilla lawfare” against the enemies of DeFi. Proposed sorties include position papers, “legal defense against regulatory litigation” and “amicus curiae,” a Latin phrase meaning “friend of the court,” briefs in response to overeager charges from Gary Gensler’s Securities and Exchange Commission. The group raised $3 million from the Curve, Yearn and Lido DAOs earlier this year. Source link