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Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20
Global leaders are setting up universal rules and standards for the crypto sector after its headline-making implosion last year. While they appear to have reached a consensus on most things, advanced and emerging economies seem to be diverging on the treatment of stablecoins, two senior officials involved in key discussions told CoinDesk. "The Hash" panel weighs in.
Aave's Lens Protocol Raises $15M to Expand Social Media on Web3
Lending protocol Aave's decentralized social-media platform, Lens Protocol, has raised $15 million in funding from a group of high-profile investors. Lens plans to use the funds to continue the expansion of its ecosystem. "The Hash" panel discusses the state of VC funding in a crypto winter.
Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
In a letter written to the U.S. Attorney General, Senators Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-MD) alleged that crypto exchange Binance may have lied to lawmakers about its business practices and must be investigated by the U.S. Department of Justice (DOJ), according to a report from Bloomberg. "The Hash" panel weighs in on the Senators' attitude toward crypto.
Majority of Pepecoin Investors Caught in High-Stakes Game of Musical Chairs, Research Shows
The majority of Pepecoin (PEPE) investors were left playing a game of musical chairs as early participants made the bulk of gains, new research from SingularityDAO shows. "The Hash" panel discusses the state of the meme token.
Louis Vuitton to Release $42K Worth of Physical-Backed NFTs
French luxury fashion house Louis Vuitton is gearing up to release its new physical-linked non-fungible token collection called Via Treasure Trunks, paving the way for exclusive members-only products and experiences. "The Hash" panel reacts to the NFT launch.
USDC Issuer Circle Receives Digital Token License in Singapore
Circle Singapore has now received its Major Payment Institution (MPI) license for digital payment token services in Singapore, after having obtained in-principle approval last November. "The Hash" panel weighs in on the stable issuer's new license.
U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition in a Week
The United States Court of Appeals for the Third Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to clarify its position on a rulemaking petition from cryptocurrency exchange Coinbase (COIN). The SEC has been ordered to explain within 7 days if it intends to decline Coinbase’s request, the reasons for such a decision, or a timeline of when it expects to come to a decision. "The Hash" panel discusses the relationship between Coinbase and the regulators.
Apple Shares Retreat After Hitting All-Time High
Apple's (AAPL) share price is sliding after hitting an all-time high of $184.95 yesterday ahead of its annual software developer conference, according to Yahoo Finance data. Some analysts are pointing to the announcement of the mixed reality Vision Pro headset as a potential catalyst to the sell-off. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin-Denominated Life Insurance Provider Raised $19M in Funding
Life insurance company Meanwhile Insurance Bitcoin (Bermuda) said it raised $19 million to develop an artificial intelligence (AI) aided bitcoin (BTC)-denominated policy as it eyes an economy developing around the largest cryptocurrency. "The Hash" panel weighs in.
Apple's Vision Pro Headset Could Change the Way We Design the Metaverse
Apple on Monday released its new Vision Pro mixed reality headset, tossing its hat into the already-saturated arena of immersive digital technology. Apple has pegged its device as "a revolutionary spatial computer that seamlessly blends digital content with the physical world, while allowing users to stay present and connected to others." The panel reacts to the new product and whether it has the potential to revolutionize Web3 and the metaverse.