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SEC Chairman Gensler’s Perspectives on AI and its Impact on the Financial Industry
Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), believes that using artificial intelligence (AI) more extensively could be advantageous for the SEC in areas like enforcing regulations and monitoring markets. However, he also pointed out some... -
CFTC Commission Indicates Ripple Landmark Win in SEC Case as a Step to Crypto Regulation Clarity
Caroline Pham, the Commissioner of the Commodity Futures Trading Commission (CFTC), has expressed optimism about the crypto regulation clarity in the United States. This came on the heels of the recent victory of Ripple Labs in the SEC lawsuit over... -
Apple’s India Strategy Pays Off as the Country Is Now a Top 5 Market for iPhone
Apple (NYSE: AAPL) has put intense focus on the Indian market over the last year and these efforts now seem to be playing out well as the country is now among Apple’s top five markets. According to Counterpoint Research, in... -
Ripple Wins Lawsuit Against SEC, XRP Not Deemed Security; Altcoin Market Surges; Binance Faces Challenges; Spot Bitcoin ETFs Gain Recognition from SEC
Exciting news this week as Ripple won their lawsuit against the SEC, with the judge ruling that XRP is not a security. This groundbreaking decision caused a market-wide rally, especially for XRP and other altcoins, fueling speculation of an upcoming... -
zkSync Launches New Proof System Boojum to Aid Faster Transactions
Ethereum scaling solution zkSync has introduced a versatile “Boojum” technology capable of executing transactions rapidly without using expensive hardware to secure the network. New Upgrade Will Offload Computational Workload & Enhance Scalability In the early hours of July 17, Matter... -
XRP Relisted on Coinbase and Multiple Exchanges After Landmark Ruling in SEC v. Ripple Labs Case, Fuels Surge in Trading and Market Position
Coinbase, a well-known cryptocurrency exchange, has decided to relist XRP on its platform. This decision comes after a significant ruling in the case between the US Securities and Exchange Commission (SEC) and Ripple Labs. However, the ruling seems to have... -
Nikola Stock Erases 2023 Losses on BayoTech Deal and Short Squeeze
Nikola stock (NYSE: NKLA) has rallied handsomely over the last week and has now erased its 2023 losses. Here’s what’s driving the rally in the beaten-down electric vehicle (EV) stock. Earlier this week, Nikola signed an agreement with BayoTech under... -
Polygon Advocates For MATIC’s Upgrade To Unlock Multipurpose Functionality
Polygon has proposed to enhance its $MATIC token, transforming it into a versatile token capable of validating multiple chains. The proposed technical upgrade is currently awaiting approval from the Polygon community. If approved, the upgrade will involve renaming $MATIC to... -
BNB Beacon Chain Upcoming Upgrade Will Feature Panic Button to Enhance Security
Binance-owned BNB chain has revealed its upcoming "ZhangHeng" upgrade, which will incorporate a versatile functionality for developers. This new feature will allow them to pause block production based on specific conditions. New Mainnet Features Aim to Mitigate Cross-Chain Bridge Exploits... -
Goldman Sachs Says Xpeng Motors Can Rise Further after G6 Launch
Goldman Sachs initiated coverage of Xpeng Motors (NYSE: XPEV) stock with a buy rating and assigned a target price of $18.10 as the brokerage expects its sales to improve with the new model. XPEV unveiled the model last month and...
