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Decentralized Search Engine ‘Presearch’ Becomes Default Option on European Android Devices
Google is adding private, decentralized search engine Presearch as a default option on all new and factory-reset Android devices sold across the U.K. and Europe. With nearly 70% of smartphone owners in Europe using Android’s operating system, could Presearch erode Google’s dominance in the search engine market?
SEC Chair Gary Gensler: Crypto Platforms Should ‘Ask for Permission’ Rather Than ‘Beg for Forgiveness’
U.S. Securities and Exchange Commission Chair Gary Gensler claimed crypto trading platforms operating today should be “asking for permission” rather than “begging for forgiveness,” saying the U.S. crypto markets won’t “last long outside” the country’s regulatory framework. This comes after Gensler told European regulators crypto has “no border or boundaries.”
SEC Chair Gary Gensler: Crypto Market Won’t ‘Last Long Outside’ Regulatory Framework
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said Wednesday the crypto markets may struggle to survive in the U.S. outside the country’s regulatory framework. CoinDesk’s Nikhilesh De discusses the potential outcomes for the U.S. crypto regulatory landscape.
BSN to Launch South Korea Portal, Canaan Secures Huge Rig Order
China’s Blockchain-based Service Network to launch portal in South Korea. China’s Canaan secures huge mining rig order from Genesis Digital Assets, and a Korean play-to-earn game explodes in popularity despite a ban in its home country.
LedgerX CEO on Acquisition by FTX.US in Bid for U.S. Crypto Derivatives
Zach Dexter, co-founder and CEO of LedgerX, discusses what’s next for his crypto derivatives firm as it readies to become a wholly-owned subsidiary of Sam Bankman-Fried’s FTX.US by October.
Bitcoin Rangebound, Holding Support Above $46K
Bitcoin registered a series of lower price highs over the past few days as buyers continue to take profits. The cryptocurrency is stuck in a tight range between $46,000 support and $50,000 resistance, and is roughly flat over the past week. CoinDesk's Michael Casey breaks down the Chart of the Day.
Arca CIO: Bitcoin ‘Either Worth $0 or $1M Per Token’
Jeff Dorman, CIO of fund manager Arca, discusses his long-term outlook for bitcoin’s price after the cryptocurrency failed to keep heading higher and remains in a tight range between $46,000 and $50,000. “It’s either worth $0 or it’s worth probably $1 million per token,” Dorman said.
Key Upsides to El Salvador’s Bitcoin Law
Edan Yago, a contributor to decentralized bitcoin trading and lending platform Sovryn, discusses his take on the potential positive impact of El Salvador rolling out bitcoin as legal tender despite growing skepticism and local protests just a week ahead of the move taking effect.
El Salvador Approves $150M Bitcoin Trust Amid Anti-Bitcoin Protests
In El Salvador, hundreds of protesters have raised their voices against President Nayib Bukele's Bitcoin Law, making bitcoin legal tender in the country beginning September 7. Meanwhile, the Finance Commission of the Legislative Assembly of El Salvador agreed to create a $150 million bitcoin trust to facilitate exchange between BTC and U.S. dollars. "The Hash" panel discusses the possible bumps on El Salvador's road to bitcoin adoption.
Institutional NFT Interest Heats Up as Three Arrows Capital Launches ‘Starry Night’ Fund
Crypto venture capital (VC) firm Three Arrows Capital is entering the non-fungible token (NFT) space with the launch of an NFT-dedicated fund named “Starry Night Capital.” The hosts of “The Hash” discuss the latest crypto VC jumping on the NFT bandwagon amid growing interest in institutional NFTs.