Month: January 2023

New Subcommittee to Prioritize Stablecoin Regulation, Privacy Statute

28. January 2023

• Rep. French Hill (R-Arkansas) has stated that the newly formed Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion will prioritize legislation on stablecoins.
• Rep. Hill also mentioned that they will also be pursuing a privacy statute federally, which he believes to be important to digital asset regulation.
• He believes that the stablecoin draft will be used as a model for how the committee will approach digital asset regulation moving forward.

The U.S. House of Representatives has recently formed a new subcommittee, the Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, and its chairman, Rep. French Hill (R-Arkansas), has stated that stablecoin regulation will be the first priority of the subcommittee. Rep. Hill believes that the stablecoin draft will be used as a model for how the committee will approach digital asset regulation moving forward.

In addition to regulation of stablecoins, Rep. Hill also mentioned that the subcommittee will be pursuing a privacy statute federally. He believes that this will be important to digital asset regulation, as it will provide clarity on which agency, the SEC or the CFTC, will seek explicit oversight.

The subcommittee will be seeking to provide clarity to the crypto industry, as well as to make sure that the regulations are consistent across the board. Rep. Hill believes that the committee should look at all of the digital asset regulations currently in place to ensure that they are up to date and provide the necessary protection for investors.

Rep. Hill also noted that the members of the subcommittee are eager to learn more about the digital asset space, and to make sure that they have a clear understanding of the issues that they are looking to address. He believes that the subcommittee will be able to provide much-needed clarity to the crypto industry, which will ultimately benefit the industry as a whole.

Overall, Rep. Hill believes that the newly formed subcommittee will be able to provide much-needed clarity on digital asset regulation. He believes that the stablecoin draft will be used as a model for how the committee will approach digital asset regulation moving forward, and that the committee will be able to provide much-needed clarity to the crypto industry.

Crypto Markets Plunge as Institutional Brokerage Genesis Global Capital Fights Bankruptcy

20. January 2023

• Genesis Global Capital, an institutional crypto brokerage, is reportedly laying the groundwork for a potential bankruptcy filing.
• Cryptocurrency prices have dropped in response to the news, with Bitcoin (BTC) and Ethereum (ETH) both down by 2.9% and 4.3%, respectively.
• The S&P 500 futures, FTSE 100, and Treasury Yield 10 Years are all down, with the 0.9%, 1.3%, and 0.2% respectively.

Cryptocurrency markets have been hit hard this week with reports of Genesis Global Capital, the institutional crypto brokerage, potentially filing for bankruptcy. The news had an immediate impact on crypto prices, with Bitcoin (BTC) and Ethereum (ETH) both dropping by 2.9% and 4.3%, respectively. The CoinDesk Market Index (CMI) also declined by 3.5%, with the S&P 500 futures, FTSE 100, and Treasury Yield 10 Years all down by 0.9%, 1.3%, and 0.2%.

According to a Bloomberg report, Genesis is in confidential negotiations with various creditor groups, with the company warning it could seek bankruptcy protection if it fails to raise capital. The move comes after the collapse and bankruptcy of crypto exchange FTX in November, which has put Genesis in a difficult position. In an attempt to rescue the company, Genesis has been scrambling to raise fresh capital or reach a debt restructuring deal with creditors.

The bankruptcy could have a major impact on the cryptocurrency industry as a whole, as Genesis is one of the larger institutional players in the sector. The company has been a major player in the sector for several years, offering a variety of services including lending and borrowing, trading, and asset management. It is also known for its large portfolio of crypto assets, which includes Bitcoin, Ethereum, Ripple, and other major digital currencies.

The news has raised concerns that other institutional players could follow suit and potentially file for bankruptcy if the market continues to remain bearish. This could potentially cause more volatility in the market, with the potential for major losses in crypto investments.

It is unclear what the future holds for Genesis, but the company has stated that it is committed to finding a solution to its current financial situation. Until then, it remains to be seen how the crypto markets will be affected by the news of the potential bankruptcy.

Robinhood to End Support for Bitcoin SV, BSV Price Drops 15%

13. January 2023

Bulletpoints:
• Online trading app Robinhood (HOOD) will end support for BSV, the native token of the Bitcoin SV blockchain, on Jan. 25.
• Users can buy, sell, send and hold BSV until the deadline, Robinhood said in a Wednesday email to customers and statement on its website.
• Following the announcement, the price for Bitcoin SV blockchain’s native token, BSV, dropped more than 15%.

Online trading app Robinhood (HOOD) has announced that it will be ending its support for Bitcoin SV (BSV) on January 25th. The announcement was stated in a Wednesday email to customers and a statement on its website.

The native token of the Bitcoin SV blockchain, BSV, is currently supported by Robinhood and users can still buy, sell, send and hold BSV until the deadline. However, any BSV in a Robinhood crypto account after the deadline will be sold for market value.

The announcement has caused a significant drop in the price of Bitcoin SV blockchain’s native token, BSV, with prices dropping more than 15%. This is a significant decrease for the price of BSV, which had been relatively stable for the past few months.

The decision by Robinhood to end its support of BSV is based on the online trading platform’s regular review of cryptocurrencies offered. This announcement comes shortly after another online trading platform, FTX, faced bankruptcy hearings and was able to recover more than $5 billion in different assets, according to an attorney.

The lack of support by Robinhood for BSV may have a lasting effect on the overall value of the cryptocurrency, as well as its long-term prospects. It remains to be seen how the market will react to the news and what other platforms may follow suit and end their support of BSV.

However, the cryptocurrency market is still a volatile one and it is important for investors to remain vigilant and aware of the news and changes affecting the market. It is also important to do your own research on any cryptocurrency you are considering investing in, and to always be aware of the risks associated with investing in cryptocurrencies.

Delaware Bankruptcy Judge Protects FTX Users’ Privacy for 3 Months

13. January 2023

• A Delaware bankruptcy judge ruled that the names of creditors for FTX can remain sealed for at least another three months.
• The ruling was made to protect the privacy of potentially 9 million users of the crypto exchange.
• Judge John Dorsey indicated that he may change his mind after three months and review the issue.

A Delaware bankruptcy judge has ruled that the names of creditors for FTX can remain sealed for at least another three months, in order to protect the privacy of potentially 9 million users of the crypto exchange. The ruling was made by Judge John Dorsey at a hearing on Wednesday, after media organizations and the U.S. government had made a bid to keep the legal process transparent.

Attorney Brian Glueckstein, representing FTX, told the court that they wanted to redact sensitive personal information of customers and other stakeholders, as well as protect the value in the debtors customer list as an asset. The company had argued that publishing the names of the users could endanger their privacy. In response, Judge Dorsey stated that he was “reluctant at this point to say I’m going to require the disclosure,” and allowed the lists to remain sealed.

However, Dorsey did indicate that he may change his mind after three months and review the issue. He urged both sides to come to an agreement on the matter, and if not, there will be a hearing to decide the fate of the creditor names. In the meantime, the names will remain sealed, providing some relief to those users who were concerned about their privacy.

John J. Ray III, CEO of FTX, had stated that he was grateful for the judge’s decision. He commented that the company had always been committed to protecting their users’ privacy, and that the ruling had allowed them to do just that. He also added that he hoped both sides could come to an agreement soon that would benefit everyone involved.

In conclusion, while the names of the creditors of FTX will remain sealed for the time being, it remains to be seen what the ultimate outcome of this dispute will be. For now, the company and its users can rest assured that their privacy is being protected, and the judge will review the issue in the near future.

Troubleshooting Your Headset Microphone

5. January 2023

If you rely on headsets for communication with family, colleagues and family members the most unpleasant thing to encounter is the headset’s microphone not function. If you’re using headsets to play games, work, or just for personal chats an unsound microphone could be a source of stress and confusion. There are many options you could try to fix the headset’s microphone. This article will look at the methods you can use to make your headset microphone work once more.

Checking Connections

The first thing you need to do when troubleshooting your headset microphone is to check all connections. Begin by ensuring that the headset is connected to the correct connector on the device you’re using (or any other device). If you’re using the USB headset, ensure your USB cable is connected securely to the device as well as the headset. When you’re wearing a headset that has an additional headphone and microphone jack, be sure the microphone is connected to the right port. If your device has several ports, ensure that the microphone is connected to the correct port.

Troubleshooting Drivers

If your headset’s connections appear to be in good order The following step would be to verify the headset’s drivers. Most headsets have a driver CD which you can install to install the appropriate drivers for your headset. If you do not have the CD, you’ll usually be able to download drivers from the manufacturer’s site. After installing the drivers ensure that your headset is set as the input device of choice.

Updating Firmware

If there is no driver issue, you should look at the firmware of the headset. Certain headsets require firmware updates for proper operation If the firmware is not up-to-date is causing problems, it could trigger many problems. For a check of an update, go to the website of the manufacturer and download the most recent versions of firmware.

Performing a System Reset

If your firmware is current The next step is to do the system reset. This resets the settings that are making the issue worse and let you start from scratch. For a system reset you must restart your computer and follow the instructions in the user’s guide.

Checking Volume Levels

In certain cases the issue may not be due to the hardware it could be with those settings for audio. Check that the volume levels of both the microphone and speakers are set to the appropriate levels. These settings are available within the Audio Settings menu of your computer (or another device).

Checking Audio Settings

As well as the volume settings You should also examine the audio settings of your headset. Check that the microphone is turned on that the microphone boost has been disabled, and that you have set the volume to the proper volume. You will find these settings within the Audio Settings menu of your PC.

Conclusion

Most of the time the headset microphone that is defective is fixable by following the troubleshooting procedures described in the previous paragraphs. Reviewing the connections drivers firmware, the audio settings will help you to pinpoint the problem and fix it. If you’re still having issues after following these steps it’s possible to reach out to the manufacturer for more assistance.

Troubleshooting a Malfunctioning Surface Keyboard

5. January 2023

Are you experiencing difficulty working on you Surface keyboard? Are the connections unstable or are the keys aren’t responding? If yes, you’re not all alone. A lot of Surface users have encountered problems in their keyboards. The following article we’ll go over the various troubleshooting procedures which can be done to fix a problem with a Surface Keyboard.

Diagnosing the Problem

When attempting to fix the issue with a malfunctioning Surface Keyboard It is essential to first identify the issue. There are various actions that you can take to pinpoint the source of the problem.

System Settings

First, examine the settings of the system in the Surface. Within the Settings, examine the layout of the keyboard, as well as regional settings. Be sure that all these settings can be set with the right settings for your region and the language you speak.

Connections

It is the next thing to verify the connection between your keyboard and Surface. Verify you have the USB cable is properly connected as well as that your keyboard securely set within the port. Make sure your power cable is connected in to the wall socket, and that the switch at the side of your keyboard is set to “on” position.

Batteries

If your keyboard is wireless it is necessary to test the batteries. Verify that the batteries are installed properly and are able to provide sufficient power. If your batteries are not fully charged and you need to replace them, you can replace them with brand new ones.

Resetting the Keyboard

If your keyboard is not working correctly, it is possible that you have to reset it. To accomplish this, you’ll have to disconnect the USB cable from the Surface and then hit”reset” or the “reset” button on the top of your keyboard. The keyboard will be reset and allow it to function again.

Cleaning the Keyboard

If your keyboard is not functioning, it is possible that you need to clean it. Use a soft , soft cloth with mild soap to clean away any dirt or dust that might be accumulated in either the keypads or the surfaces of the keyboard.

Reinstalling the Keyboard Driver

If the keyboard is not working properly, you might need to install the driver for your keyboard. To accomplish this, you’ll have to open your device Manager within the Surface. There, you are able to remove the driver for your keyboard and then download the most current version.

Replacing the Keyboard

If none of these steps have helped If none of the above steps have resolved the issue, it’s likely that the keyboard has been broken beyond repair, and requires replacement. It is possible to purchase a replacement Surface keyboard at Microsoft Store Microsoft Store or any other retailer selling the keyboards.

Troubleshooting Other Issues

If you’re still experiencing issues with your Surface it is possible that you be required to resolve other problems. Look for any new changes to the system or hardware problems. In addition, you should look for compatibility or software issues.

Conclusion

Finding the cause of an issue with a problem with a Surface keyboard isn’t easy however it’s feasible. If you follow the steps described within this post, you will be able to identify the problem and come up with the solution. Once you’ve determined the root of the problem then you can take the necessary steps to correct it. With a little patience and some troubleshooting, you’ll be able to have your Surface keyboard working properly within no time.