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January 15th, 2020 was the day Microsoft Edge went Chromium. A drop in browser engine diversity. There is a strong argument to be made that's not good for an ecosystem. Looked at another way, perhaps not so bad: Perhaps diversity has just moved scope. Rather than the browser engines themselves...

Developer Proposes Decentralized Bitcoin Hashrate Derivatives


There’s a new concept called Powswap that lets people speculate on hashrate in order to hedge against price volatility. Powswap was developed by the software engineer Jeremy Rubin who believes hashrate derivatives products allow people to leverage new trading strategies. Also read: Regulatory...

Crypto vs RBI: 3 Days of Intense Supreme Court Hearings


India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...

SEC Issues Alert Against Initial Exchange Offerings


The SEC has issued an alert to investors regarding initial exchange offerings. This warning is not an official statement on regulatory policy, but it does indicate the way the American market regulators view the practice and why many exchanges are shunning U.S. investors. Also Read: Telegram...

Indian Supreme Court Hears In-Depth Arguments Against RBI Ban


India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside...

Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier


10 days after the Tulip Trust expired, new court filings have appeared in the billion-dollar Kleiman v. Wright lawsuit. One document describes the professed existence of a Tulip Trust III, which was shown to the plaintiffs on January 6, 2020. Another filing shows that Judge Beth Bloom has affirmed...

A Lawsuit Against Bitfinex and Tether Dismissed by Plaintiffs


The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit. Filed in the Western District of Washington court...

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