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Exchanges Apr 20, 2023

Texas bill could require crypto firms to show they can cover user balances

The state's House of Representatives has passed, but not enacted, the bill.

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Mike Dalton Mike Dalton has published within the past 30 days.

Former Journalist CryptoSlate

Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.

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Total Articles 1,314

Since Dec 2022

Last Active Jul 18, 2024

Primary Beat Regulation

SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’

SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’

The SEC aims to influence how financial advisors recommend investments.

Brazil investigating Binance over illegal derivatives offerings

Brazil investigating Binance over illegal derivatives offerings

Customer service agents allegedly told users how to circumvent restrictions.

Coinbase obtains license to operate in Bermuda

Coinbase obtains license to operate in Bermuda

The company could open an offshore derivatives exchange in the immediate future.

Tesla kept $184M Bitcoin balance in Q1 2023

Tesla kept $184M Bitcoin balance in Q1 2023

The electric vehicle company did not gain or lose value on its digital assets.

Russia plans to permit foreign crypto mining

Russia plans to permit foreign crypto mining

The possibility is related to other permissions around international crypto settlements.

A16z hints at blockchain product by imitating Coinbase’s ‘blue dot’ campaign

A16z hints at blockchain product by imitating Coinbase’s ‘blue dot’ campaign

However, the firm might not follow Coinbase's reliance on Optimism.

FTX relaunch could be funded by Tribe Capital

FTX relaunch could be funded by Tribe Capital

Tribe invested in FTX and FTX.US before both exchanges collapsed in 2022.

SEC’s Gary Gensler says he has never owned crypto

SEC’s Gary Gensler says he has never owned crypto

The SEC chair dismissed digital assets as "highly speculative" during testimony.

Microsoft building in-house AI chip “Athena”

Microsoft building in-house AI chip “Athena”

The chip is currently available to some Microsoft and OpenAI employees for testing.

Elon Musk says he’s developing TruthGPT to offset ‘left-wing lies’ in chatbots

Elon Musk says he’s developing TruthGPT to offset ‘left-wing lies’ in chatbots

Musk's truth-seeking chatbot aims to reduce AI risk and reduce what he says is a left-wing bias.

IMF denies involvement in purported CBDC

IMF denies involvement in purported CBDC

The global financial group says it is not connected to Unicoin or its parent firm.

NYDFS will charge cryptocurrency companies for supervision

NYDFS will charge cryptocurrency companies for supervision

The new rule will apply to New York firms holding the state's BitLicense.