‘It has to pass’: Andrew Cuomo warns U.S. is falling behind on crypto rules
A decade ago, the bankrupt owner of the Greenidge power plant in Dresden, New York, sold the uncompetitive coal-fired relic for scrap and surrendered its operating permits.
Crypto
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer redemption rights and one-to-one liquid reserves.
Pennsylvania Cracks Down on AI Data Centers as Backlash Grows
Pennsylvania Governor Josh Shapiro signed an executive order Tuesday imposing new restrictions on large AI data centers, including rules aimed at making developers pay for their impact on the state's electrical grid.
Mozilla Tests an AI 'Smart Window' in Firefox—But Only If You Opt In
Mozilla is testing a new "Smart Window" in Firefox—a separate, optional window where you can chat with an AI assistant of your choice while you browse. The company is inviting users onto a waitlist to try it first.
SEC Proposes Crypto Fundraising Exemptions in Abrupt About-Face
The Securities and Exchange Commission proposed new rules Tuesday that would let crypto projects raise funds without requiring full securities registration, abruptly changing course after calling off a meeting late last…
Arguing With People on X May Get You More Posts You Hate as Algo Feeds on Ragebait
Arguing with people on X may be teaching the platform to show you more posts you hate.
Markets Confident OpenAI Releases Its Next AI Model in Weeks
Prediction market traders are pretty sure OpenAI is cooking, and it's next big AI model could be coming sooner than you might think.
Cypherpunk launches Zcash mining fleet controlling 18% of network hashrate
The $33.3 million Winklevoss Capital deal expands Cypherpunk’s ZEC strategy as it targets 5% ownership of the cryptocurrency’s circulating supply.
SEC Proposes New Regulation for Crypto Assets; Here Are the Details
The post SEC Proposes New Regulation for Crypto Assets; Here Are the Details appeared first on Coinpedia Fintech News
Trump Family Crypto Firm Tied to Chinese AI Models US Government Called a Security Risk
President Donald Trump-backed World Liberty Financial is working with an AI company that offers models from Chinese tech firms his administration has flagged over national security concerns, Reutersreported Monday.
ATOM Price Struggles at $1.41 as Recovery Hopes Fade
The ATOM price has been battered so thoroughly that even historically important levels have failed to stop the decline. After reaching roughly $44 in 2021, ATOM spent the following years in a persistent downtrend, event…
The Death of Market Hours: Nasdaq Mimics Crypto with 23-Hour Trading
Nasdaq has announced its plans to roll out 23/5 stock trading on December 6, this year, pending requisite infrastructure updates.
XRP ETF Inflow Collapse Weakens the Institutional Demand Thesis
Seven spot ETFs and $1.44 billion in inflows could not lift XRP off its lows. The reason is not weak demand. It is that the ETFs delivered access without the one thing institutions actually require, and only an act of C…
SEC proposes new crypto rules in absence of CLARITY Act
The proposed rules from the US securities regulator would provide companies with a safe harbor from tokens being treated as “investment contracts” and certain exemptions for token issuance.
Google Is Paying $10 Million to Use Spirit Airlines Data to Train Its AI Models
Google is paying $10 million for Spirit Airlines’ business data, including internal communications and company records that it plans to use to improve its AI models.
Federal prosecutors blast ex-Celsius CEO’s motion to vacate as ‘without merit’
Currently serving a 12-year sentence in federal prison, Alex Mashinsky continues to explore legal avenues to vacate his conviction related to activities at Celsius.
What’s Next For Bitcoin, Ethereum and XRP Prices?
Bitcoin, Ethereum and XRP are showing signs of a short-term recovery, but the market remains at an important point. Recent price action shows that the three cryptocurrencies have avoided deeper declines for now, while s…
Kraken’s Krak debuts US debit card as Payward broadens financial services push
The multi-asset card lets US customers spend crypto and fiat and earn cashback as Kraken’s parent company expands across financial services.
Metaplanet expands Bitcoin treasury strategy to US with 2,100-BTC Nasdaq play
The proposed deal with Nasdaq-listed Super League Enterprise would give the Tokyo-based company a foothold in US capital markets while using existing Bitcoin rather than additional purchases.
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business.
Worldcoin (WLD) Price Approaches a Decisive Phase—Is the $0.5 Target Back in Focus?
The Worldcoin (WLD) price faces a decisive $0.36 resistance; a breakout could strengthen the recovery and put $0.40â$0.50 targets in focus.
RAIN Price Tests $0.0125 as Prediction-Market Push Continues
RAIN reached an ATH of $0.0160 in late June before falling toward the $0.0125 August support.
Aave Gold Deposits Surge 91% as XAUT Gains Ground
Aave stablecoin utilization reached about 82.5%, with $7.40B borrowed against $8.98B supplied.
Bitcoin Faces a Triple Selling Wave From Miners, Strategy and ETFs
Bitcoin selling pressure is rising as miners, Strategy and ETFs reduce their BTC holdings.