The original Mimcoin co-founder is calling out Gary Gensler after the chairman of the U.S. Securities and Exchange Commission (SEC) said Bitcoin (BTC) is not a security. In a new interview with CNBC, SEC Chairman Gensler clarified that BTC is not a security. “With respect to Bitcoin, my predecessor and I said it is not a security.” Designating Bitcoin as “unsecured” would place regulation of the major cryptocurrency outside of the SEC’s jurisdiction. In response to this news, Dogecoin (DOGE) creator Billy Markus took to social media platform X to criticize Gensler for not giving DOGE the same classification. “He…
Author: Crypto Flexs
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Patrick Hansen, Circle’s European Strategy Director, predicted a major leap forward in the EU’s cryptocurrency and stablecoin markets by the end of 2025. Speaking at the European Blockchain Convention in Barcelona, Hansen shared his expectations for the development of cryptocurrency market structures across the European Union. The block’s regulated market for crypto assets, known as Crypto Asset Regulated Markets, will be a key catalyst for this growth, Hansen said during a panel titled “What’s Happening Behind the Scenes – Post-MiCA?” MiCA signals a shift in the EU’s cryptocurrency regulatory strategy, providing comprehensive guidance to governments, institutions and investors regarding digital…
Mawari Network, a decentralized physical infrastructure network (DePIN) built on Solana and focused on spatial computing, has raised $10.8 million in a strategic funding round.Anfield Ltd, Borderless Capital and 1kx co-led the round, with participation from Accord Ventures, Animoca Brands Japan, Blockchange Ventures, Draper Dragon and Samsung Next, Mawari Network said on Thursday. Angel investors including Helium co-founder and Borderless Capital partner Sean Carey, The Tie co-founder and CEO Joshua Frank, Techstars Web3 leader Pete Townsend and former Galaxy Digital chief information security officer Ivan Brightly also joined the round.As part of the deal, Carey joined Mawari Network’s board of…
Solana is back in bullish territory. The two key resistance levels above could start a trend reversal. Solana (SOL) has seen steady buying pressure in September. Recent reports have shown that rising spot CVDs indicate real demand and that the rally is likely to be sustainable. This has proven to be true. After dropping to $141.1 on Sunday, September 22, SOL has gained 5.85% to trade at $149.3 at the time of writing. In other news, technical analyst Peter Brandt also believes that the token could make a big rally after its consolidation over the past six months. Intermediate resistance…
Jorg Hiller 26 Sep 2024 17:22 Runway launches The Hundred Film Fund, which will provide up to $5 million in funding to support AI-augmented film projects, with the potential to grow to $10 million. Runway, a leading innovator in AI technology, has announced The Hundred Film Fund, a new initiative designed to support creative professionals working on AI-augmented film projects. According to runwayml.com, the fund is currently at $5 million with the potential to grow to $10 million. Funding Details and Application Process The Hundred Film Fund is open to all film formats, including…
Dogwifhat (WIF) has risen 10% in the last 24 hours, reaching a high of $2.20. The market cap has recovered across the board, surpassing $2 billion for the first time in seven weeks. WIF flipped a major resistance level on September 24 after the token rallied above $1.96. The price action is currently gaining a bullish trend, with memecoin targeting the next resistance level of $2.85.Dogwifhat 1-day chart. Source: TradingViewDogwifhat leads memecoin rally, but holder growth slowsThe Mimecoin market cap is now up 6.8% over the last 24 hours, surpassing $51 billion and recovering to levels prior to the August…
ASI Alliance founder Ben Goertzel says the alpha version of OpenCog Hyperon, an artificial general intelligence system he’s been developing for more than two decades, is already somewhat “self-aware.” Goertzel also told the magazine that OpenAI was likely reluctant to build its “very impressive” new o1 model into an autonomous agent because it was afraid it would be seen as “risky and dangerous” and would trigger a crackdown from regulators.In March of this year, the Artificial Superintelligence Coalition was formed by Gortzel’s SingularityNET project, Ocean Protocol, and DeepMind veteran Humayun Sheikh’s FetchAI.This week, 96% of CUDOS voters approved the merger…
Colocation service provider Revolve Labs has withdrawn its application to build a Bitcoin mining facility outside the rural southwestern Minnesota town of Windham after residents raised concerns about noise and the impact on home values.The decision was made in response to feedback the company received, the Minnesota Star Tribune, a local newspaper, reported Wednesday. “Our commitment is to operate in a way that aligns with the values and priorities of our community, and we know that collaboration is essential to achieving that,” Jeff St. Onge, Revolve Labs’ senior operations manager, told the outlet.According to the report, Revolve Labs, which rebranded…
Bitcoin offers an alternative way to purchase goods and services, but most countries do not consider it a legal tender, and the economic impact of becoming a primary payment option is uncertain. Only two countries have adopted Bitcoin (BTC) as their legal currency. El Salvador became the first country in the world to adopt Bitcoin in September 2021, and the Central African Republic followed suit in 2022. According to the Naive Bukele Portfolio Tracker website, El Salvador’s cryptocurrency vaults generated $58 million in profits. The World Bank Group said the country’s economy is showing signs of improvement after 2021, thanks…
Simon’s Cat (CAT), inspired by the YouTube cartoon series, launched a month ago. BNB-based CAT has gained about 250% since its listing on KuCoin. The project’s description claims to be related to the show’s writers. Simon’s Cat (CAT), the chubby cartoon character from the British animated series of the same name, entered the blockchain space a month ago. The always hungry cat became a meme thanks to creator Simon Tofield, and the YouTube series has garnered over 1.6 billion views on Simon’s Cat’s official YouTube channel.CAT Continues Its Exploration into On-Chain FoodThe CAT coin first saw an uptrend on August…