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1 year, 8 months ago
Stars Arena Suffers Major Hack, Loses $3 Million in Funds
Leading cryptocurrency exchanges Binance and OKX, along with crypto payment service MoonPay, have taken significant steps to comply with the United Kingdom’s latest Financial Promotions (FinProm) Regime enforced b…
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1 year, 8 months agoUkraine Unveils Regulatory Roadmap for Artificial Intelligence, Aligning with EU's AI Act
Ukraine’s Ministry of Digital Transformation has unveiled its regulatory roadmap for artificial intelligence (AI), with the aim of aligning with the European Union’s AI Act and educating citizens on AI risks. The…
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1 year, 8 months agoShiba Inu Lead Developer Emphasizes "True Work" Needed for Price Increase
Shiba Inu lead developer, Shytoshi Kusama, has responded to criticism from a community member about the lack of significant price change for the Shiba Inu token (SHIB) despite the team’s hard work. Kusama e…
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1 year, 8 months agoFTX Founder Sam Bankman-Fried Faces Fraud Trial as Caroline Ellison's Testimony Looms
Sam Bankman-Fried, the founder of crypto exchange FTX, is facing a fraud trial with serious allegations of misusing user assets. Caroline Ellison, who was previously in charge of hedge fund Alameda Research and had…
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1 year, 8 months agoRenowned Investor Ray Dalio: Cash is Now a Relatively Attractive Asset Class
Billionaire investor Ray Dalio believes that the notion of “cash is trash” is no longer accurate in today’s macroeconomic landscape. Speaking at the Greenwich Economic Forum, Dalio stated that financial condi…
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1 year, 8 months agoMajor Cryptocurrency Exchanges Comply with UK Financial Promotion Regulations
Major cryptocurrency exchanges Binance and OKX have announced their plans to comply with new financial promotion regulations in the United Kingdom. The Financial Conduct Authority (FCA) implemented the country’s n…
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1 year, 8 months agoUS Prosecutors Seek to Bar Arguments on Recovery of FTX Customer Assets in Bankman-Fried Trial
United States prosecutors have requested that Sam Bankman-Fried’s legal team be prohibited from discussing the potential recovery of FTX customer assets invested in Anthropic during his trial. Bankman-Fried had i…
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1 year, 8 months agoUS Prosecutors Seek to Bar Arguments on Recovery of FTX Customer Assets in Bankman-Fried Trial
United States prosecutors have requested that Sam Bankman-Fried’s legal team be prohibited from discussing the potential recovery of FTX customer assets invested in Anthropic during his trial. Bankman-Fried, the f…
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1 year, 8 months agoSEC's Appeal Denied in Ripple Lawsuit, Trial Date Set for April 2024
US judge Analisa Torres has denied the SEC’s appeal in the legal battle between Ripple and the regulatory agency. The trial, which is scheduled for April 23, 2024, is seen as a crucial event for the c…
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1 year, 8 months agoSWIFT Collaborates with Ripple and Stellar to Revolutionize Cross-Border Payments
Ripple and Stellar are making significant strides in revolutionizing cross-border payments, and their partnership with SWIFT is a major milestone in the financial industry. Despite their different designs, both…
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1 year, 8 months agoAustralian Freight & Trade Alliance Explores Collaboration with Ripple for Streamlined Cross-Border Payments
The Australian Freight & Trade Alliance (FTA) is considering a partnership with Ripple, a fintech company known for its blockchain-based payment solutions. FTA Director Paul Zalai expressed openness to…
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1 year, 8 months agoConcerns Raised Over Subsidization of Solana Validators and Threat to Network Autonomy
Serious concerns have emerged regarding the financial support provided to Solana validators by the Solana Foundation and Alameda Research. Allegations claim that over 90% of validators are heavily subsidized by…
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1 year, 8 months agoCrypto Analyst Suggests Bitcoin Bear Market is Over, Breakout Imminent
A widely followed crypto analyst, TechDev, has suggested that Bitcoin’s bear market is over and an expansion upward is imminent. He shared a chart with monthly candles, Bollinger bands, and an additional i…
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1 year, 8 months agoHTX Exchange Recovers Stolen Funds, Pays Hacker White Hat Bonus of 250 ETH
HTX (formerly Huobi) has recovered the crypto funds stolen by a hacker in late September and honored its 5% white hat bonus offer to the hacker. On September 25, the exchange was vulnerable and 5,000 ETH were…
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1 year, 8 months agoRipple CTO Urges XRPL Validators to Support AMM Feature with Community Consensus
David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (…
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1 year, 8 months agoBinance Releases 11th Proof of Reserves, BNB Shows Signs of Accumulation
Binance recently released its 11th proof of reserves, revealing that the platform held 588,000 BTC assets, 3.83 million ETH assets, and 15.31 billion USDT assets. This disclosure comes amidst mounting pressure from…
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1 year, 8 months agoRipple and SEC Explore Settlement Possibilities in XRP Case
Ripple and the U.S. Securities and Exchange Commission (SEC) have been directed by U.S. District Judge Analisa Torres to work out a possible settlement. This is set for April 16, 2024, and both parties and their…
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1 year, 8 months agoBitcoin Price Avoids Volatility as $28K Resistance Looms
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. Data from Cointelegraph Markets Pro and TradingView showed BTC price performance a…
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1 year, 8 months agoAltcoins Lead the Crypto Market as Bitcoin Reaches Two-Month High
Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame P…
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1 year, 8 months agoCrypto Advocate Criticizes Supporters of Former FTX CEO Amid Fraud Allegations
John Deaton, an XRP holder’s attorney and crypto advocate, has criticized supporters of former FTX CEO Sam Bankman-Fried (SBF) during his ongoing trials related to the collapse of their crypto venture. Deaton e…
