Blockchain

An interesting look into the predicted breakthroughs in artificial intelligence for the year 2024 is provided by the Batch Issue 229, which included contributions by Anastasis Germanidis, Sara Hooker, Percy Liang, Sasha Luccioni, Pelonomi Moiloa, and Kevin Scott. The...

In the dynamic world of web3 technology, Axie Infinity stands as a prominent example of innovation and resilience. 2023 was a pivotal year for this platform, marked by significant challenges and achievements that have shaped its trajectory in the blockchain gaming...

The research paper "FlowVid: Taming Imperfect Optical Flows for Consistent Video-to-Video Synthesis" focuses on addressing the challenges in video-to-video (V2V) synthesis, particularly the issue of maintaining temporal consistency across video frames. This problem is...

Overview Gamma AI encompasses a suite of AI-driven applications and services designed to enhance business processes and presentations. It leverages cutting-edge machine learning algorithms to offer real-time data-driven insights, supporting better decision-making in...

In the realm of Bitcoin mining, the year 2023 was memorable for the enormous concentration of power that occurred among the leading mining pools. The mining of more than 54,000 Bitcoin blocks was a significant event that occurred in this year. It became clear that...

Tether, which is widely considered to be the most renowned stablecoin issuers, took a bold step that caused shockwaves to spread across the cryptocurrency industry when it pulled 8,888.88 Bitcoin (BTC) off the Bitfinex platform on purpose. Tether was able to vault...

The Orbit Chain, a multi-asset blockchain focusing on cross-chain transfers, recently fell victim to a sophisticated exploit. Notably, on December 31, 2023, a series of unauthorized transactions led to a significant financial loss, amounting to approximately $81.6...

Introduction ChatGPT 5 represents the anticipated next step in the evolution of OpenAI's generative language models. Following the public debut of ChatGPT in late 2022 and the subsequent release of GPT 4, expectations are high for what ChatGPT 5 might bring to the...

With a strategy that places an emphasis on continuity from the previous year, Ethereum is making steady growth throughout the year 2024, with co-founder Vitalik Buterin serving as the driving force behind this success. A recent sequence of tweets by Buterin reveals...

Michael Cohen, former attorney and fixer for Donald Trump, admitted to unwittingly using artificial intelligence to fabricate legal citations in a court filing. This revelation surfaces amidst Cohen's ongoing legal entanglements and his role as a potential witness...

Prosecutors in the United States have made the decision not to proceed with a second trial against Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX, which has since gone bankrupt. The FTX drama has reached a turning point with this judgment, which...

During the course of his protracted legal struggle in the United States, Changpeng "CZ" Zhao, who formerly served as the CEO of Binance, has encountered a serious setback. In response to Zhao's second request to fly outside of the country, a federal judge named...

On December 28th, 2023, the well-known American chipmaker NVIDIA presented the GeForce RTX 4090 D to the public for the first time. The debut of this product represents a major step in NVIDIA's product offerings, particularly in light of the recent export limits...

The Council of Europe, on December 29, adopted a set of guidelines aimed at the responsible implementation of artificial intelligence (AI) systems in journalistic practices. This move marks a significant step in ensuring that the evolving field of AI in journalism...

There was a big security compromise that occurred on the on-chain trading platform known as Thunder Terminal. An exploit resulted in illegal access to 114 of the more over 14,000 wallets that were connected to its network. The total amount of losses reached 86.5 Ether...

Vitalik Buterin, Ethereum's co-founder, recently proposed a significant change to the Ethereum blockchain's proof-of-stake (PoS) system. The core of his proposal is to reduce the number of signatures that validators must process. Currently, Ethereum's PoS mechanism...

HIVE Digital Technologies Ltd., a prominent player in the blockchain and digital asset mining sector, has successfully closed a significant financing deal. On December 28, 2023, the company completed the sale of 5,750,000 special warrants, resulting in aggregate gross...

The over-the-counter (OTC) cryptocurrency trading desk RenrenBit was founded by Zhao Dong, who is notoriously known as the "OTC King." Zhao Dong was found guilty in China of the charges against him. In the context of China's increasing crackdown on criminal operations...

The aftermath of the FTX collapse continues to unfold with significant developments in the cryptocurrency world. In a notable move, FTX debtors have filed a proposal to determine a fair and reasonable value for user claims based on digital assets. This proposal was...

The Japanese brokerage and financial services firm, Monex Group, has announced a significant move in the cryptocurrency sector. It plans to acquire a majority stake in 3iQ Digital Holdings, a Canadian digital asset investment fund manager. This acquisition is priced...

Introduction Dezgo is an AI-driven text-to-image converter that utilizes the powers of Stable Diffusion AI to generate high-quality NSFW pictures from word descriptions. Additionally, it provides users with the ability to produce a broad variety of pictures for a...

In December 2023, Ripple (XRP), executed a significant transaction involving its XRP tokens. The company spent 240 million XRP, valued at approximately $148.80 million, strategically managing its escrowed reserves. This move left 96.34 million XRP in Ripple's...

Hong Kong is poised to set a global precedent in the cryptocurrency sector by introducing comprehensive regulations for stablecoin issuers. This development, encompassed in a public consultation from December 27, 2023, to February 29, 2024, marks a significant step in...

CryptoCon, a voice in the cryptocurrency analysis sphere, has recently shared via X an insightful prediction regarding Bitcoin's future trajectory. He asserts that Bitcoin, having topped around $45,000 a few weeks ago, is on the brink of a substantial correction. This...

Chinese authorities have recently dismantled a massive underground banking network valued at $2.2 billion, which was ingeniously using foreign digital currency platforms to circumvent the country’s stringent financial controls. This operation came to light following a...

Introduction Not Safe For Work (NSFW) AI encompasses a wide array of AI technologies, such as stable diffusion, to generate a spectrum of unconstrained content, including but not limited to adult-themed material. Utilizing machine learning and deep learning...

Worldcoin has recently announced the launch of its World ID verification services in Singapore. This marks a significant milestone in the expansion of the company's identity verification technology. Utilizing the Orb, a custom hardware device, participants can now...

As Ethereum continues to evolve, it stands on the cusp of significant growth in 2024. Analysts, including CryptosRUs Analysis, are bullish about Ethereum's future, particularly due to the anticipated Dencun Upgrade. This upgrade is expected to be a game-changer for...

South Korea is planning to enact a new piece of legislation that would require around 5,800 high-ranking public officials to make public disclosures of their cryptocurrencies and other asset holdings. In the aftermath of a number of legislative initiatives that have...

Microsoft has launched its Copilot AI app, a comprehensive generative AI solution, for Android users. This free application, formerly known as Bing Chat, integrates the advanced GPT-4 AI model, offering a range of capabilities, including text generation and image...

Jerry Yu, a 23-year-old student at New York University, has made headlines not for his academic pursuits but for his extravagant ventures in the world of cryptocurrency and Bitcoin mining. Living in a lavish $8 million Manhattan condominium previously owned by Jeffrey...

The decentralized finance sector faced a significant setback when KyberSwap, a DeFi protocol, suffered a devastating hack in November 2023. The aftermath of this security breach has led to far-reaching consequences, including a drastic reduction in the platform's...

The ongoing saga of the FTX bankruptcy has taken a new turn with the latest developments involving the acquisition of the stock-clearing platform Embed. FTX debtors, grappling with the fallout of the crypto exchange's collapse, have proposed a separate litigation...

One of the most prominent information technology service providers, Infosys, was dealt a huge blow when a multinational corporation made the decision to cancel a Memorandum of Understanding (MoU) worth $1.5 billion that was centered on artificial intelligence...

The CAKE token, which is issued by PancakeSwap, has lately seen a remarkable increase of 54% in only seven days, which is a noteworthy event in the blockchain and decentralized finance (DeFi) industry. PancakeSwap's expanding prominence in the decentralized finance...

As the deadline for the Securities and Exchange Commission (SEC) to make a decision on the applications for Bitcoin exchange-traded funds (ETFs) draws near on January 10, 2024, the cryptocurrency and financial worlds are seeing a moment that has the potential to be...

Grayscale Investments has amended its S-3 filing with the U.S. Securities and Exchange Commission (SEC). This move is aimed at transitioning the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF). Notably, the amendment follows the...

Some creditors of the Mt. Gox crypto exchange have reportedly received double payments during the ongoing settlement process. This development adds another twist to the saga of Mt. Gox, a once-dominant Bitcoin exchange that collapsed in 2014. Recent reports suggest...

On December 25, 2023, the Bitcoin network achieved a significant milestone. The mining hash rate, a measure of the network's computing power, soared to an all-time high of 544 exahashes per second (EH/s). This landmark event confirmed by Blockchain.com marks a...

Tether, the largest stablecoin operator, made headlines on Christmas Day by minting 1 billion USDT (Tether) on the Ethereum blockchain. This move, described by Paolo Ardoino, Tether’s CTO and new CEO, as "authorized but not issued," is part of what the company calls...

Grayscale Investments, a leading cryptocurrency trust manager, has announced the resignation of Barry Silbert from its board of directors. Silbert, recognized as the founder and CEO of Digital Currency Group (DCG), the parent company of Grayscale, officially stepped...

Cryptocurrency exchange Coinbase has recently confronted allegations by Senator Elizabeth Warren regarding the employment of former government officials. Warren's claims suggest that these hires may hinder the progress of digital asset regulations. Coinbase,...

The Monetary Policy Committee of the Central Bank of the Republic of Turkey has named Professor Fatma Ozkul, a prominent specialist in blockchain technology and crypto assets, to the position. This appointment was made by President Recep Tayyip Erdoğan of Turkey. This...

The innovative company OpenAI, which is responsible for the well known ChatGPT, is now in the preliminary phases of a potential game-changing fundraising round. Recent sources indicate that the corporation is now engaged in conversations to seek fresh money with a...

The United States Securities and Exchange Commission (SEC) has recently come under scrutiny for its handling of a legal case against Debt Box, a mining software firm. In a rare admission, the SEC has acknowledged significant errors in its approach to the case,...

His current business, X (previously known as Twitter), is expanding into new regions with the projected debut of in-app payment services by the middle of 2024. Elon Musk, the brilliant mind behind firms such as SpaceX and Tesla, is pushing his latest endeavour into...

The Polkadot network's advancements in 2023, as chronicled in its Annual Report, reflect significant strides in blockchain technology and decentralized systems. Driven by the Data Team at Parity Technologies, the report revolves around the Polkadot ecosystem,...

Core Scientific, once a leading player in the Bitcoin mining landscape, is poised to emerge from Chapter 11 bankruptcy proceedings in mid-to-late January 2024, as announced on December 21, 2023. This comes after a tumultuous period marked by financial challenges that...

The U.S. Court of Appeals for the Ninth Circuit has recently concluded a landmark legal process, officially sanctioning the confiscation of 69,370 Bitcoins and other cryptocurrencies from the defunct dark web marketplace Silk Road. This judicial action enforces a...

The Bank of China has marked a significant milestone in the realm of digital currency with the completion of the world's first cross-border Central Bank Digital Currency (CBDC)-powered precious metals deal. On December 20, 2023, the Bank of China's Shanghai branch...

It is planned that Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), would meet with Lee Bok-hyun, the Chief of South Korea's Financial Supervisory Service (FSS). This meeting is expected to be of critical importance. As reported...

The legal proceedings involving former FTX CEO Sam Bankman-Fried took a significant turn recently when U.S. federal judge Lewis Kaplan denied Bankman-Fried's request for an adjournment of his sentencing hearing. This decision has implications for the timeline of the...

In the year 2022, Three Arrows Capital (3AC), which had previously been a well-known brand in the bitcoin hedge fund industry, was confronted with a catastrophic failure. This decrease was not simply a single occurrence; rather, it was a trigger in a chain of domino...

In a decision that may shape the future of artificial intelligence (AI) and patent law, the UK Supreme Court has ruled against Dr. Stephen Thaler in a landmark case concerning the role of AI in inventing. Dr. Thaler, who created the AI system DABUS (Device for the...

The Federal Deposit Insurance Corporation (FDIC) has announced significant changes to its official signage and advertising rules. This update, the first since 2006, aims to extend the confidence and assurance traditionally provided by the FDIC's physical signage to...

  Bahamut Foundation introduces its latest initiative, Bahamut Grants, marking a significant leap towards the journey of Web3 evolution.  The available fund for the program is 10 Mln $FTN with a very flexible distribution. It’s important to note that Bahamut is the...

The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) has issued a Request for Information (RFI). This initiative seeks public input to assist in the implementation of responsibilities outlined in the recent Executive Order on Safe,...

Brian Armstrong, the CEO of Coinbase, recently addressed the political landscape in the United States regarding cryptocurrencies. He believes that a strong anti-crypto stance by politicians may be a poor strategic move for the upcoming 2024 elections. This opinion...

Blockchain firm CertiK recently issued a high-priority warning to users of the OKX Wallet, particularly those using the iOS application. The alert, communicated via social media and other channels in December 2023, stressed the urgency for users to update their...

Major companies in the market, such as BlackRock and ARK Invest, have modified their S-1 registration statements in order to comply with the requirements imposed by the United States Securities and Exchange Commission. When it comes to their planned spot Bitcoin...

OpenAI, a prominent artificial intelligence research lab, has announced a significant development in its approach to AI safety and policy. The company has unveiled its "Preparedness Framework," a comprehensive set of processes and tools designed to assess and mitigate...

Recently, a video surfaced revealing the involvement of big banks in the drafting of the Digital Asset Anti-Money Laundering Act, initiated by Senators Roger Marshall and Elizabeth Warren. The act, originally introduced in December 2022, has garnered significant...

7RCC, an ESG-conscious company, has recently applied for a spot Bitcoin Exchange-Traded Fund (ETF), marking a significant stride in the fusion of cryptocurrency investment with environmental sustainability. This innovative financial instrument aims to cater to...

Coinbase, the United States' largest cryptocurrency exchange, has escalated its legal confrontation with the U.S. Securities and Exchange Commission (SEC). This significant legal battle, unfolding in the Third Circuit court, is not just a corporate skirmish but a...

Lido DAO, a decentralized autonomous organization governing the liquid staking protocol Lido, is currently embroiled in a class-action lawsuit. The lawsuit, filed by former LDO holder Andrew Samuels, alleges that Lido's LDO token is an unregistered security and holds...

Bitwise Asset Management, renowned as America's largest crypto index fund manager, has embarked on a novel marketing endeavor with the launch of its "Bitwise Is Interesting" advertising campaign. This strategic move, announced on December 18, 2023, aims to enhance the...

Zooko Wilcox, the founder of Zcash, has stepped down from his position as the CEO of Electric Coin Company (ECC), which is responsible for the development of the privacy-focused cryptocurrency Zcash (ZEC). Wilcox, who has been at the helm since the company's inception...

The UK government has recently made a significant stride in the world of blockchain and cryptocurrency. On December 18, 2023, they announced the introduction of the Digital Securities Sandbox (DSS) as part of the Financial Services and Markets Act 2023. This...

FTX, once a prominent figure in the cryptocurrency exchange market, has been embroiled in a costly bankruptcy case. Between August 1 and October 31, the legal fees charged by the bankruptcy lawyers and advisers handling FTX's case have skyrocketed to a staggering...

The United States Securities and Exchange Commission (SEC) has stated that it would postpone its judgment on various exchange-traded funds (ETFs) that are based on Ether (ETH) until May 2024. This is a big event for the cryptocurrency sector. There are major...

A recent study by researchers at Virginia Tech has brought to light potential geographic biases in ChatGPT, an advanced artificial intelligence (AI) tool. The study, which focused on environmental justice issues, revealed significant variations in ChatGPT's ability to...

Binance, the largest cryptocurrency exchange in the world, and Changpeng Zhao (CZ), the company's former chief executive officer, have been ordered to pay a hefty financial penalty according to the United States District Court for the Northern District of Illinois. A...

The launch of a spot Bitcoin exchange-traded fund (ETF) is a topic of active debate between the U.S. Securities and Exchange Commission (SEC) and a number of asset managers, notably the massive investment firm BlackRock. This action may be a crucial turning point in...

BNB Chain have caught the attention of users and investors alike. BNB Chain, a prominent blockchain network, experienced a noticeable lag in its BscScan and opBNB mainnet browsers. This issue was initially announced on social media platforms by the BNB Chain team,...

In light of the fact that Taiwan is getting ready to hold its presidential election on January 13, 2024, a crucial advice has been given to the people of Taiwan about betting on cryptocurrencies. A thorough investigation into the use of cryptocurrency platforms for...

FTX's debtors have filed an amended Chapter 11 Plan of Reorganization, which marks a significant development in the ongoing bankruptcy case of the once-prominent cryptocurrency exchange. This revised plan includes a crucial provision that sets the value of...

The digital tenge, which represents Kazakhstan's pioneering venture into central bank digital currencies (CBDCs), has completed its pilot project, which lasted for a month. This groundbreaking endeavor into digitizing the national currency, which represents a huge...

The decentralized finance system known as Yearn.finance is making a concerted effort to retrieve $1.4 million from arbitrage traders. This predicament came about as a consequence of a multisignature programming mistake that led to a significant depletion of the...

A wave of optimism has been created as a result of the recent statement made by the Federal Reserve of the United States of America to halt interest rates and hint at the possibility of rate decreases in 2024. This news has produced ripples across the financial...

Goldman Sachs, a leading global investment banking firm, has projected a substantial surge in trading volumes of blockchain-based assets in the next one or two years, with significant market growth anticipated in three to five years, according to an interview with...

The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has filed claims against CoinList Markets, a virtual currency exchange, and the company has agreed to pay more than $1.2 million to resolve the allegations. Despite sanctions imposed...

A groundbreaking alliance between Microsoft Corporation and the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has been revealed. In a technological environment that is quickly evolving, the purpose of this partnership is to...

The Financial Accounting Standards Board (FASB) has taken a significant step in addressing the complexities of accounting for crypto assets. On December 13, 2023, FASB issued an Accounting Standards Update (ASU) No. 2023-08, aimed at improving the accounting and...

One of the most prominent cryptocurrency exchanges situated in the United States, Coinbase, has just announced a considerable increase of its service offerings. It is also important to note that this expansion is geared towards institutional investors located outside...

The development of World ID 2.0 represents a huge step forward in the realm of decentralised identity verification. Worldcoin, a notable company in the blockchain technology industry, has taken this leap, according to official blog. Shopify, Minecraft, Mercado Libre,...

Senior judges in the United Kingdom have published extensive advice on the proper use of artificial intelligence (AI) for judges and magistrates in England and Wales. This is a major step for the legal system in the United Kingdom. When it comes to integrating...

It is believed that El Salvador will debut its much-awaited Bitcoin "Volcano Bonds" at the beginning of 2024. El Salvador is a pioneering country in the use of cryptocurrencies. This action comes after the government made a pioneering decision to accept Bitcoin as...

In the process of filing for bankruptcy, FTX, which was formerly a dominant player in the cryptocurrency exchange market, is now confronted with a formidable obstacle. A massive tax bill of twenty-four billion dollars has been issued on FTX by the Internal Revenue...

The U.S. Department of Justice has indicted David Gilbert Saffron, an Australian national, and Vincent Anthony Mazzotta Jr., a resident of Los Angeles, for orchestrating a $25 million Ponzi scheme exploiting AI crypto-trading. This case highlights the growing concerns...

One of the most prominent cryptocurrency exchanges in the world, KuCoin, has achieved a large settlement with the Attorney General's Office of the state of New York. A significant step forward in the regulation of cryptocurrency exchanges in the United States has been...

ChatGPT-4.0, which was developed by OpenAI, has reached a critical milestone in the interface of artificial intelligence and medicine. In a proof-of-concept research that was conducted not too long ago, ChatGPT-4.0 was able to show its skills by passing a clinical...

The world of football is witnessing a remarkable fusion of sports and digital innovation with the upcoming FIFA Club World Cup Saudi Arabia 2023™. In a groundbreaking move, FIFA+ Collect, in collaboration with the technology firm Modex, is set to release an exclusive...

The blockchain gaming industry, a dynamic and rapidly evolving sector, is forecasted to skyrocket from its 2023 valuation of $154.46 billion to an astounding $614.91 billion by 2030, marking an impressive compound annual growth rate (CAGR) of 21.8%​​​​​​. This...

The United States government recently made a significant move by removing two key provisions from the National Defense Authorization Act (NDAA) that aimed to address Anti-Money Laundering (AML) concerns in the realm of cryptocurrency. This action marks a notable shift...

VanEck, a prominent asset management company, has made a significant stride by filing its fifth amended application for a spot Bitcoin Exchange-Traded Fund (ETF). This move, dated December 8, 2023, marks a new chapter in the evolution of cryptocurrency investments....

Tether, the most renowned stablecoin issuer, has made a big step in strengthening its collaboration with regulatory organizations and law enforcement agencies. Tether has implemented a voluntary policy to freeze wallet activity linked with people who are on the...

Recent discoveries from Graphika, a firm that specializes in social network research, have brought to light a troubling trend: the exponential development in the use of artificial intelligence (AI) to digitally undress persons in photographs, with a primary focus on...

The Discovery of the Vulnerability The National Vulnerability Database (NVD), a comprehensive cybersecurity resource, recently flagged a significant security risk associated with Bitcoin Core and Bitcoin Knots. Specifically, the vulnerability, cataloged as...

There has been a substantial advancement in quantum computing, which was disclosed by a group of researchers from Harvard University, in conjunction with QuEra Computing Inc., the University of Maryland, and the Massachusetts Institute of Technology. The Defense...

Purple Llama is a major project that Meta announced on December 7th. Its goal is to improve the security and benchmarking of generative AI models. With its emphasis on open-source tools to help developers evaluate and enhance trust and safety in their generative AI...

ZachXBT, a renowned cryptocurrency detective, has shared an analysis of a unique and unconventional use of significant cryptocurrency funds. According to his investigation, an unidentified individual withdrew over 11,200 ETH, valued at around $25 million, from Tornado...

A substantial warning has been issued by the Securities and Futures Commission (SFC) of Hong Kong against two cryptocurrency firms, namely Hong Kong Digital Research Institute (commonly known as HongKongDAO) and BitCuped, both of which are accused of engaging in...

The Call for Code Global Challenge, now in its sixth year, was launched in February 2023 with a focus on developing AI-powered technology projects that address sustainability and climate change. This year’s challenge, organized by the Call for Code Creator David Clark...

Recently, four US Senators - Bob Casey (D-PA), Richard Blumenthal (D-CT), John Fetterman (D-PA), and Kirsten Gillibrand (D-NY) - expressed deep concern about the use of artificial intelligence (AI) in scams targeting older Americans. They addressed a letter to Federal...

EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was released by Société Générale, the third-largest bank in France, marking a significant milestone in the banking industry. This new achievement heralds the beginning of a new age in the landscape of...

The artificial intelligence model-based chatbot known as ChatGPT, which was created by OpenAI, was formally released on November 30, 2022. In a very short amount of time, it has emerged as an essential component of the AI revolution that will take place in 2023. The...

Yat Siu, one of the co-founders of Animoca Brands, believes that the year 2024 will be a lucrative one for the firm. He attributes this success to the strategic investments and collaborations that the company will make. The growing interest that mainstream...

The debate surrounding illicit financial activities within the cryptocurrency space has been a contentious issue, with critics often pointing to the potential for misuse. However, recent remarks by Binance CEO Richard Teng and analysis by Dr. Andrzej Gwizdalski, a...

Coinbase Wallet, a prominent player in the cryptocurrency exchange sector, has rolled out a game-changing update that simplifies and accelerates international money transfers. This new feature, part of Coinbase’s strategy to make cryptocurrency transactions more...

The United States Securities and Exchange Commission (SEC) has filed a complaint against Debt Box and other defendants, alleging that the firm was engaged in a fraudulent conspiracy to offer unregistered securities to investors. The action is being brought against...

The Bank of Italy and the Bank of Korea have recently formalized their collaboration through a Memorandum of Understanding (MOU) signed on December 5, 2023. This partnership marks a pivotal moment in the exploration and potential implementation of digital currencies...

On December 4, the Singapore government revealed its ambitious National AI Strategy 2.0, an evolution of its first AI strategy introduced in 2019. This updated strategy delineates a comprehensive roadmap for the next 3-5 years, aiming to position Singapore at the...

An investigation into the possibility of establishing bitcoin exchange-traded funds (ETFs) is now being conducted by Taiwan's Financial Supervisory Commission (FSC), which is in the exploratory phase. The use of digital assets inside regulated financial markets is...

Recently, the Securities and Exchange Commission (SEC) of the United States of America made an announcement that they will be extending the decision-making time for the Grayscale Ethereum Trust's application for a spot exchange-traded fund (ETF). In the past, the SEC...

Recently, Riot Platforms, a big participant in the Bitcoin mining market, made a huge move by purchasing 66,560 Bitcoin mining rigs from MicroBT. This acquisition was a significant move with substantial implications. One of the most significant expansions in the...

South Korean financial officials issued a directive on December 4, 2023, requesting users to report any unregistered cryptocurrency exchanges operating in the area. This directive was made in an effort to control the market. This approach is a reflection of South...

A Step Into the Cryptocurrency Market The biggest private bank in Brazil, Itaú Unibanco, has just made a substantial entry into the bitcoin industry. In a significant step toward the integration of conventional banking with digital assets, the bank introduced a...

Recently, Meta celebrated the tenth anniversary of its Fundamental Artificial Intelligence Research (FAIR) team. This occasion was highlighted by Yann LeCun's views about the present state of artificial intelligence as well as its potential in the future. The remarks...

The Ethereum team leader, Péter Szilágyi, recently expressed his dissatisfaction regarding his alma mater's apparent disinterest in providing students with opportunities to engage with Ethereum technology. Szilágyi's frustration was articulated through a series of...

In recent years, North Korea has notably intensified its cyber operations, particularly targeting the cryptocurrency industry. This strategic shift emerged around 2017 when the country's cybercriminal activities, previously focused on traditional financial...

The Arbitrum DAO, a layer-2 networking system designed to enhance Ethereum blockchain scalability, has recently taken a significant step in expanding its Short-Term Incentive Program (STIP). The DAO, governed by ARB token holders and financed through transaction fees,...

Circle, a leading issuer of stablecoins, has recently addressed and strongly refuted allegations regarding its involvement in illicit financing and alleged connections with Justin Sun, the founder of Tron. These claims, brought forward by the nonprofit watchdog...

On November 29, 2023, a groundbreaking development in material science emerged from the collaboration of Google DeepMind and autonomous robotic systems. The initiative, spearheaded by Google's AI division, has successfully predicted the stability of nearly 400,000...

Exploring CapCut's Diverse Image Template Categories CapCut's online editor, known primarily for its video editing prowess, has expanded its offerings to include a rich collection of image templates across diverse categories. These templates cater to an array of...

On November 30, 2023, Dynamic Yield by Mastercard, from its headquarters in Purchase, NY, introduced Shopping Muse, a breakthrough in the retail landscape. This advanced generative AI tool, Shopping Muse, is set to redefine how consumers engage with online retail...

Binance.US, the American arm of the globally renowned cryptocurrency exchange Binance, has made a significant announcement concerning its operations and leadership structure. This news comes in the wake of recent settlements involving Binance.com and its founder,...

Microsoft has made an announcement on a big investment in the artificial intelligence (AI) infrastructure of the United Kingdom. The company's objective is to dramatically enhance the capabilities of the nation's AI. The following are some of the important topics that...

The revenues of Dunamu, the parent company of Upbit, one of the most prominent cryptocurrency exchanges in South Korea, dropped by an astounding 81% during the third quarter of 2023, according to the company's report. The performance of the corporation during the same...

The Financial Stability Board (FSB) report, along with other sources, offers significant insights into the impact of multifunction crypto-asset intermediaries (MCIs) and key market events, such as the collapse of FTX in November 2022 and the crypto-asset market...

A decision that is of great significance has been handed down by the United States District Court for the Southern District of New York. A judge named Gregory Woods gave his approval to an order that required Voyager Digital and its affiliates to make a payment of...

Jump Crypto Holdings has been allowed to submit papers in a secret manner, which is a key milestone in the litigation that the Securities and Exchange Commission (SEC) is pursuing against Terraform Labs and its creator, Do Kwon. In the current legal procedures, this...

On November 28, 2023, Fireblocks, an innovative digital asset operations platform, announced the introduction of 'Off Exchange', a first-of-its-kind solution aiming to revolutionize the way institutional traders interact with digital asset exchanges. This...

Vitalik Buterin, the founder of Ethereum, presents a compelling narrative on techno-optimism in his latest article. He starts by acknowledging the influence of Marc Andreessen's "techno-optimist manifesto" and the ensuing debate it sparked among thought leaders....

Following the news that Binance, the biggest cryptocurrency exchange in the world in terms of volume, made about the delisting of the Tornado Cash (TORN) token, the value of the token witnessed a significant decline over time. It is important to note that the market...

Hive Digital Technologies, a prominent player in cryptocurrency mining, has recently announced a significant expansion of its global operations. The company's latest move involves the acquisition of a new property and data center in Boden, Sweden. This acquisition is...

Recently, the governing body of the Cosmos Hub approved a significant change to the blockchain's economic model. The community voted to reduce the maximum inflation rate of ATOM, the native token of Cosmos Hub, from its current rate of around 14% to a new cap of 10%....

The Newsom Administration released an insightful report in response to Governor Gavin Newsom's Executive Order from September 2023. This report focuses on the utilization and potential challenges of Generative Artificial Intelligence (GenAI) within the California...

The Nigeria Police Force (NPF) has announced a significant breakthrough in a complex financial fraud investigation involving Patricia Technologies Limited. On November 23, 2023, the Force Public Relations Officer, ACP Olumuyiwa Adejobi, detailed the arrest of...

The Most Valuable Builder (MVB) accelerator program, which is a collaborative project between BNB Chain and Binance Labs, has been in the forefront of supporting Web3 builders and fostering the development of the BNB Chain ecosystem ever since it was first introduced...

Within a recent post on social media, Richard Teng, who was recently hired as the CEO of Binance, provided reassurance to stakeholders over the exchange's commitment to maintaining its key principles. His message, which comes after a turbulent era for the corporation,...

On November 22nd, 2023, Huobi HTX, previously known as Huobi Global, experienced a significant security breach. This attack led to a substantial loss, initially estimated at $13.6 million but later valued at approximately $30 million. This incident marks another in a...

The recent announcement by Wallet of Satoshi (WoS) to withdraw its app from the U.S. Apple and Google app stores and cease serving U.S. customers marks a significant shift in the Bitcoin wallet landscape. This decision reflects the increasingly challenging regulatory...

The recent events surrounding Atomicals Market (AM) have been a significant concern for the Atomicals community, especially following a severe security breach in two of its trading markets. This breach led to hacker attacks and considerable losses for users, stirring...

As of late, the Commodity Futures Trading Commission (CFTC) has adopted a resolute position against Binance, which is the biggest cryptocurrency exchange in the world. As the former Chief Executive Officer of Binance, Changpeng Zhao (CZ) has resigned from his position...

Atletico Madrid, a top-tier Spanish football team, is apparently getting ready to file a lawsuit against WhaleFin, a cryptocurrency exchange located in Singapore, for failing to pay sponsorship money of forty million euros, which is equivalent to forty-four million...

Unexpected Limitation on Changpeng Zhao's User Account Changpeng "CZ" Zhao, the former CEO of cryptocurrency exchange Binance, had his account temporarily blocked by social media site X, previously known as Twitter. Users had to accept that Zhao's account was...

On November 23, 2023, the decentralized finance (DeFi) space was shaken by a meticulously planned exploit of KyberSwap, a leading decentralized exchange (DEX). The exploit, which Doug Colkitt, creator of Ambient exchange, characterized as "the most complex and...

The well-known fiat-crypto payment gateway Alchemy Pay has reached a noteworthy milestone when it obtained a Money Services License in the US state of Iowa. This achievement, which was declared on November 23, 2023, comes after they were successful in getting an...

On November 20, 2023, a critical meeting was held between the United States Securities and Exchange Commission (SEC) and representatives from BlackRock, Inc., and the Nasdaq Stock Market LLC. The meeting's primary focus was the discussion of the iShares Bitcoin Trust...

Sam Altman, who was formerly employed as the Chief Executive Officer of OpenAI, the artificial intelligence research lab that is well-known for its achievements in AI technology, including the invention of ChatGPT, has been rehired. This is a surprising outcome. In...

Celsius Network LLC, a global cryptocurrency platform, is set to undergo a significant transformation following the confirmation of its Chapter 11 plan by the United States Bankruptcy Court for the Southern District of New York. This change comes after facing...

The U.S. Securities and Exchange Commission (SEC) has filed a complaint against Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating their cryptocurrency trading platform without the necessary registrations. The complaint, filed in San...

On November 21, 2023, the U.S. Justice Department announced a significant disruption in cybercrime activities, seizing nearly $9 million in Tether (USDT) from an international scam organization. This organization was involved in executing romance scams and...

Binance, the biggest cryptocurrency exchange in the world, is about to embark on a new section of its history with Richard Teng serving as its Chief Executive Officer. Changpeng Zhao, the creator of Binance, made the announcement on this consequential shift in...

According to Bloomberg, the United States Department of Justice is attempting to negotiate a settlement to a lengthy criminal investigation by requesting more than four billion dollars from Binance Holdings on behalf of the company. Since at least 2018, the United...

Bittrex Global, headquartered in Liechtenstein, has announced its decision to wind down operations. This process will begin with a cessation of all trading activities effective December 4, 2023. This announcement follows a period of regulatory challenges and legal...

    RSS3 is developing a MetaMask Snap which aggregates, streams, and displays decentralized social information, such as content from Farcaster and Lens Protocol. This Snap aggregates all supported decentralized social graphs and provides close to real-time...

Lee Jeong-hoon, the former chairman of Bithumb, one of South Korea's primary cryptocurrency exchanges, faces a potential 8-year prison sentence. The Seoul High Court is expected to deliver its verdict in the appeal case on January 18, 2024. The legal battle revolves...

Seize control of your data     With news of data breaches and scandals around the misuse of people’s data becoming a worrying norm, one company is working to put data ownership back in the hands of individuals and organisations.     Akord is a web3 platform offering...

OpenAI, a leading artificial intelligence research lab, has announced a significant change in its leadership. Sam Altman, the previous CEO, has stepped down and left the board of directors. The decision comes after the board concluded that Altman was not consistently...

The decentralized exchange (DEX) dYdX experienced a significant financial event on November 17, requiring the use of its insurance fund. The exchange had to cover $9 million worth of customer liquidations following a dramatic market fluctuation. Antonio Juliano, the...

Senator Elizabeth Warren emphasized the growing danger of cryptocurrency scams targeting seniors. Steve Weisman, a cybersecurity expert, supported Warren's proposed Digital Asset Anti-Money Laundering Act, aimed at curbing these scams. Warren highlighted a shocking...

The New York State Department of Financial Services (NYDFS) has revised its guidelines on the listing and delisting of cryptocurrencies. This move aims to bolster investor protection and ensure that virtual currency businesses adhere to heightened regulatory...

The Azure Maia 100 AI Accelerator and the Azure Cobalt CPU were both introduced at the Ignite 2023 conference, which was hosted by Microsoft. These two in-house silicon chips represent a significant advancement in artificial intelligence and cloud computing...

A memorandum submitted by several U.S. Congress members, including chairs from key financial committees, has called into question the enforceability of the Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 (SAB 121). This development follows a...

Dubai's Virtual Asset Regulatory Authority (VARA) has announced a change in its leadership. Matthew White has been appointed as the new Chief Executive Officer (CEO), taking over from Henson Orser. This transition comes at a pivotal time, as Dubai intensifies its...

The realm of generative AI is witnessing rapid advancements, with 2023 marking a significant stride in the domain. Meta, formerly Facebook, has introduced Emu, a groundbreaking foundational model for image generation, at this year’s Meta Connect event. This technology...

OpenAI, a pioneer in the field of artificial intelligence technology, recently made an announcement that it would no longer accept new sign-ups for its premium service, ChatGPT Plus. This decision was made in response to an extraordinary increase in customer demand....

Superstate, an innovative asset management firm, announced today the successful closure of its Series A financing round, raising $14 million. This funding will catalyze the firm's mission to offer cutting-edge investment solutions to institutional investors, while...

Unchained, a player in the bitcoin financial services sector, has announced a strategic partnership with Bakkt on November 15, 2023, marking a significant expansion of its Collaborative Custody Network. This alliance not only strengthens Unchained’s position in the...

ENS Domains (ens.eth) recently announced the launch of the EVM Gateway, a significant development in blockchain technology aimed at improving interoperability between Layer 1 (L1) and Layer 2 (L2) chains. This new open-source platform is anticipated to be a...

The U.S. District Court for the Southern District of New York has finalized the dismissal of a class action lawsuit against Tether and Bitfinex. This lawsuit, initially filed by plaintiffs Shawn Dolifka and Matthew Anderson in 2021, targeted the stablecoin issuer...

SushiSwap CEO Jared Grey has initiated a pivotal proposal titled "Deploy new tokenomics for Sushi." This initiative, which seeks to overhaul the platform's existing token economic model, has now entered the crucial stage of community voting on Snapshot. The voting...

The Financial Services Committee (FSC) of the United States House of Representatives is gearing up for a critical hearing on November 15, 2023, diving deep into the shadowy corners of cryptocurrency. Entitled "Crypto Crime in Context: Breaking Down the Illicit...

The Australian Taxation Office (ATO) has provided pivotal guidance on the capital gains tax (CGT) treatment concerning decentralized finance (DeFi) and the process of wrapping crypto tokens. This move is part of the ATO's ongoing efforts to clarify tax obligations in...

Google LLC has initiated legal proceedings against three anonymous individuals, accusing them of orchestrating a sophisticated malware distribution scheme under the guise of offering upgrades to Google's AI chatbot, Bard. The lawsuit, filed on November 13, 2023, in...

Cboe Global Markets, Inc. has announced a groundbreaking development in cryptocurrency trading, according to Prnewswire. Beginning January 11, 2024, Cboe Digital will launch margin futures trading for Bitcoin and Ether. This initiative positions Cboe Digital as the...

Crypto Coinbase has challenged the decision of the United States Treasury Department to include Tornado Cash, a decentralized software project, on the list of Specially Designated Nationals and Blocked Persons (SDN). This action, which was brought up in the Western...

Boyaa Interactive International Limited, a distinguished online card and board game developer based in Hong Kong, is advancing into the cryptocurrency realm. Since its founding in 2004 and subsequent listing on the Hong Kong Stock Exchange in 2013, Boyaa has...

The Supreme Court of India has recently declined to consider a Public Interest Litigation (PIL) that sought to establish a comprehensive regulatory framework for cryptocurrency trading in India. This decision is notable as it highlights the judicial perspective on the...

The trade of BC Technology Group Limited's shares on The Stock Exchange of Hong Kong Limited will be halted beginning at 9:00 a.m. on Monday, November 13, 2023, according to an announcement made by the company. This decision was taken in advance of a scheduled...

Michelle Fradin, a former partner at Sequoia Capital known for her key role in the investment in FTX, has transitioned to a new position at OpenAI, where she will spearhead data strategy, acquisitions, and operations. This move marks a significant step in her...

Coin Cloud, a participant in the cryptocurrency ATM market, has lately come under fire for a serious cybersecurity vulnerability. This episode adds to the company's already long list of difficulties, which began with its filing for Chapter 11 bankruptcy in February...

A significant cryptocurrency theft has been reported, involving the loss of 27 million USDT (Tether). The incident was first brought to light by a tweet from ZachXBT, a well-known figure in the cryptocurrency community, known for his investigative work on...

A massive security breach recently occurred on the DeFi platform known as Raft, which resulted in the theft of around $3.3 million worth of Ether (ETH). The fact that the hacker was able to effectively remove 1,577 ETH from the network demonstrates the continued...

U.S. Data Mining Group, Inc., doing business as US Bitcoin Corp (USBTC), today announced two pivotal developments: the progression of its merger with Hut 8 Mining Corp (“Hut 8”) and the court approval of the Celsius bankruptcy restructuring plan. USBTC is advancing...

Uniswap, a leading decentralized exchange (DEX), has reached a significant milestone. The protocol's front-end fees have accumulated over $1 million, a feat achieved within just 24 days. This article delves into the details of this achievement, its implications, and...

Unprecedented Accumulation of Wealth Caused by Bitcoin In the year 2023, there was a significant shift that took place in the landscape of Bitcoin riches. The number of Bitcoin wallets that store more than $1 million has skyrocketed from 23,795 on January 1 to 81,925...

Block, Inc. (NYSE: SQ), formerly known as Square, Inc., has made a significant investment in Australia's Indigenous business sector. The global technology company, renowned for its Square and Afterpay services, has committed AUD$3 million to a new fund established by...

South Korea's prominent metaverse platform, ZEP, has announced a strategic partnership with the global Layer 1 blockchain platform, NEAR Protocol. This collaboration, revealed on November 13, 2023, aims to facilitate user onboarding and enhance the development of...

The "fixReducedOffersV1" amendment, which is currently in its final activation countdown phase, is about to bring about a significant improvement to the XRP Ledger (XRPL), which is nearing completion. This modification is a crucial upgrade for XRPL, signifying a step...

Bitdeer Technologies Group (NASDAQ: BTDR), a leader in blockchain and high-performance computing, has teamed up with NVIDIA to introduce a new cloud service in Asia, according to Globenewswire. Named Bitdeer AI Cloud, this service is poised to be powered by NVIDIA's...

Dr. Craig S. Wright, known in the cryptocurrency world for his claim as the creator of Bitcoin, Satoshi Nakamoto, has recently penned a thought-provoking piece on "Open-Source Development." His involvement in blockchain technology lends significant credence to his...

Filecoin, the world's largest decentralized storage network, now welcomes Sushi, a prominent decentralized exchange (DEX), marking a pivotal development in decentralized storage and exchange services. Filecoin's unique approach to cloud storage, functioning as an...

Ninety Eight, formerly known as Coin98 Finance, has unveiled its new $25 million Ecosystem Fund. Announced on November 7, 2023, this fund is a strategic initiative to support and accelerate the growth of Web3 startups, particularly in Asia. This initiative marks a key...

Sui has announced a significant donation of $1 million to the Wheeler Institute for Business and Development at London Business School (LBS). This contribution is earmarked for advancing research and educational programs in the rapidly evolving field of decentralized...

Braden John Karony, the CEO of cryptocurrency company SafeMoon, has become the focal point of a significant legal battle in the United States. On November 9, 2023, New York District Judge LaShann DeArcy Hall suspended a bail release order for Karony, originally set at...

RISC Zero, a Seattle-based pioneer in zero-knowledge (ZK) virtual machine technology, has announced a groundbreaking initiative. Through a series of tweets, the company revealed its plan to open source three major technological innovations: High-Speed Recursion, Proof...

Irina Dilkinska, the former "Head of Legal and Compliance" of OneCoin, has pleaded guilty to wire fraud and money laundering charges. This plea marks a crucial step in the ongoing investigation into the multi-billion dollar pyramid scheme that defrauded investors...

Singapore-based Fintech BondEvalue Pte. Ltd. has added new investor Beacon Venture Capital, the corporate venture arm of Thailand’s Kasikornbank, to its cap table as part of a US$6m Series B round, according to official announcement. Beacon Venture Capital joins...

Laser Digital, a subsidiary of financial services giant Nomura, has launched an Ethereum Adoption Fund aimed at institutional investors, as announced on 9th November 2023. This fund, centered in London and Dubai, is a strategic move to bolster the presence of Ethereum...

Celsius Network recently took to Twitter to announce a major milestone in its bankruptcy journey. In a series of tweets, the company shared the news of its Plan of Reorganization receiving court confirmation, following a successful creditor voting process. This...

Wally Adeyemo, the Deputy Treasury Secretary for the United States, made a recent announcement on further sanctions against Hamas, according to Reuters. These new measures are focused on Hamas' usage of bitcoin assets. This comes as a direct retaliation to the assault...

Lightspeed Faction, a leading venture capital firm with a focus on blockchain, has announced the launch of a $285 million venture fund, according to PR Newswire. This fund is earmarked for early-stage blockchain projects, signaling a significant commitment to...

U.S. Representative Tom Emmer, currently serving as the GOP Majority Whip, has been a prominent figure in the debate over the regulation of digital assets. His legislative efforts have consistently focused on clarifying and limiting the regulatory scope of agencies...

Introduction HyperWrite AI is a cutting-edge AI-powered writing assistant that has emerged as a significant player in the realm of digital writing tools. It leverages advanced artificial intelligence to enhance writing efficiency and creativity, catering to a wide...

ARK Invest, led by the pro-Bitcoin advocate Cathie Wood, and 21Shares, a renowned exchange-traded product (ETP) supplier, have announced the launch of a new suite of digital asset exchange-traded funds (ETFs). This collaboration marks a pivotal step in offering...

Strategic Alliance for Digital Asset Security India’s Central Bureau of Investigation (CBI) has engaged Liminal, a Singapore-based digital asset custodian, to manage and secure digital assets confiscated in criminal investigations. This strategic partnership emerges...

Hong Kong Legislative Council member and CPPCC member Johnny Ng, known as @Johnny_nkc on Twitter, attended the "2023 World Internet Conference" in Wuzhen, where he delivered a keynote speech on digital literacy and skills enhancement. Ng’s speech, dated 9th November...

Starknet Foundation has officially launched its DeFi Committee. Announced on November 9, 2023, the committee is set to play a pivotal role in developing Starknet's DeFi landscape. This initiative marks a strategic step by the Foundation, demonstrating its commitment...

The ongoing investigation into Taiwanese cryptocurrency exchange JPEX has taken a dramatic turn with the involvement of Chen Lingjiu, a well-known Taiwanese singer. As reported by Central News Agency on November 9, 2023, this development is part of a larger narrative...

During a CNBC interview at DC Fintech Week, SEC Chair Gary Gensler discussed the potential revival of the bankrupt cryptocurrency exchange FTX, emphasizing the importance of operating within legal boundaries. The context for this comes in the wake of FTX founder Sam...

SBI Commits to Bolstering Startups in Japan SBI Holdings, a major financial conglomerate in Japan, has announced its plan to start operating an investment fund by the end of 2023, focusing on startups in sectors like Web3, artificial intelligence (AI), and the...

On November 5, 2023, Yuga Labs, the parent company of the popular Bored Ape Yacht Club (BAYC), began addressing alarming reports from attendees of ApeFest 2023. The event, held the previous night, saw several attendees and staff members experiencing disturbing...

The NEAR Foundation and Polygon Labs have announced a collaborative effort to develop a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains. This initiative, termed "zkWASM," is poised to bridge the gap between WASM-based chains and the Ethereum ecosystem,...

Switzerland-based cryptocurrency bank SEBA Bank has marked a significant milestone by obtaining a license from the Hong Kong Securities and Futures Commission (SFC). The license, granted on November 3rd, represents a crucial step for SEBA in expanding its...

HSBC Holdings plc has declared its strategic move into the digital asset sphere by announcing its intention to introduce a new digital assets custody service specifically for institutional clients. The service, anticipated to go live in 2024, will be designed to cater...

Coinbase, the prominent cryptocurrency exchange platform, has strategically augmented its Global Advisory Council with the induction of four esteemed national security experts on November 7, 2023. This move comes as part of Coinbase's ongoing efforts to navigate the...

Xbox and Inworld AI have announced a multi-year alliance aimed at infusing game development with the transformative capabilities of Generative AI. This partnership promises to arm game creators with cutting-edge tools to design intricate narratives and dialogues,...

Kazakhstan's Ministry of Culture and Information has clarified its decision to block the global cryptocurrency exchange, Coinbase, within the nation's borders. The ministry asserts that the trading of cryptocurrencies on Coinbase is in direct violation of the...

The Optimism ecosystem is set to embrace a milestone with the Canyon hardfork, slated for activation on the OP Goerli, OP Sepolia, Base Goerli, Base Sepolia, PGN Sepolia, and Zora Sepolia testnets on November 14, 2023, at 17:00 UTC. Announced by the OP Labs Team on...

Illia Polosukhin, who was one of the original founders of the NEAR Protocol, has been given the position of chief executive officer of the NEAR Foundation. Polosukhin is going to put his forward-thinking vision into reality by spearheading the effort to create a broad...

On November 7, 2023, Polygon Labs introduced a groundbreaking Polygon PoS v1 Testing Toolkit, designed to revolutionize devnet management on the Polygon network. The toolkit, which serves to ease the development process, makes the deployment, monitoring, and testing...

Singapore-based Bitdeer Technologies Group (NASDAQ: BTDR), a global frontrunner in the cryptocurrency mining industry, has released its unaudited operational metrics for October 2023, showcasing sustained robust performance and strategic advancements. Throughout the...

Ripple, a frontrunner in blockchain and cryptocurrency solutions, has joined forces with Onafriq, a leading payments fintech, to revolutionize digital asset-enabled cross-border payments connecting Africa with the Gulf Cooperation Council (GCC), the UK, and Australia....

Wintermute, in an unexpected public disclosure, has raised a serious allegation against the Near Foundation (NF) and Aurora Labs regarding the redemption process of the USN stablecoin. In a series of tweets, Wintermute's CEO, Evgeny Gaevoy, criticized the entities for...

The November valuation analysis of public Bitcoin mining stocks uncovers notable disparities, pinpointing potential under and overvaluations in the sector. Bitdeer emerges as significantly undervalued when assessed through the EV-to-Sales lens, while companies like...

In recent developments within the NFT ecosystem, a consistent growth pattern has emerged, as reported by Nansen, a blockchain analytics platform. Over a five-week period, the NFT market has seen a robust increase in trading volumes, particularly in Ethereum (ETH)...

The 2023 CEX Market Report by 0xScope, published on November 6, 2023, provides a comprehensive overview of the changing landscapes within the centralized exchanges (CEXs) over the past year. It highlights the shifting dynamics and the rise of second-tier exchanges...

Curve Finance founder Michael Egorov has put forth a proposal to deploy the Venus Protocol on the Ethereum Mainnet, signaling a strategic expansion in the decentralized finance (DeFi) sector. This proposition, aimed at tapping into Ethereum’s substantial liquidity,...

Bitfinex, a famous cryptocurrency exchange located in Hong Kong, has announced a security compromise that has been controlled. The incident was the result of a phishing effort that was directed at one of the company's customer care representatives. The incident took...

In the continuing saga of Ripple versus the United States Securities and Exchange Commission (SEC), recent developments suggest a leaning in favor of Ripple, a prominent figure in the cryptocurrency space. Legal experts and community stakeholders are weighing in on...

The cryptocurrency community faced a significant security breach when a fake Ledger Live application, titled "Ledger Live Web3," appeared in the Microsoft App Store, leading to substantial financial losses for unsuspecting users. Notorious for mimicking the genuine...

On November 4, 2023, Elon Musk’s artificial intelligence venture, xAI, introduced Grok, a novel AI chatbot poised to revolutionize the human interaction with digital knowledge. Grok is modeled after the whimsical ethos of 'The Hitchhiker’s Guide to the Galaxy', aiming...

In a recent legal tangle, Coinbase, a prominent cryptocurrency exchange, and its customers have brought forward a contractual disagreement to the United States Supreme Court. The crux of the matter revolves around who - a court or an arbitrator - should adjudicate on...

The United States Securities and Exchange Commission (SEC) has recently alleged fraud and violations of security rules against the decentralized financial project, SafeMoon. The allegations come in the wake of a significant system flaw exploitation that occurred in...

Fort Lauderdale, FL: Marathon Digital Holdings, Inc. (NASDAQ:MARA), known for its endeavors in bolstering the Bitcoin infrastructure, has announced a collaboration with renewable energy firm Nodal Power. The partnership aims to harness methane emissions from a Utah...

The Financial Conduct Authority (FCA) has unveiled a "finalised non-handbook guidance" document on Cryptoasset Financial Promotions. This release followed observed lapses in adherence to the new laws governing crypto asset promotions, which took effect on October 8,...

The United States National Institute of Standards and Technology (NIST), under the Department of Commerce, has taken a significant stride towards fostering a safe and trustworthy environment for Artificial Intelligence (AI) through the inception of the Artificial...

The Helium Foundation, a trade association under the 501(c)(6) designation focused on promoting decentralized wireless access, announced the listing of its HNT token on SwissBorg, a notable cryptocurrency platform in Europe. The announcement, dated November 2, 2023,...

The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has pioneered the unveiling of the Distributed Ledger Technology (DLT) Foundations Regulations 2023, marking a crucial phase in the regulatory evolution of digital assets both regionally and...

Coin98, a multichain wallet and decentralized finance (DeFi) platform, has unveiled a decentralized application (dapp) store powered by the NEAR Blockchain Operating System (B.O.S), marking a pivotal move towards providing streamlined access to prominent Layer-2 (L2)...

The United States District Court for the Northern District of Florida issued a decision concerning the designation of Tornado Cash by the Office of Foreign Assets Control (OFAC). The case, identified as Case 3:22-cv-20375-TKW-ZCB, revolved around the designation of...

Bethesda-based financial giant, ProShares, has once again taken a pioneering step in the crypto-linked ETF domain with the launch of the world’s first short ether-linked ETF, named ProShares Short Ether Strategy ETF (SETH), according to BusinessWire. This innovative...

MicroStrategy Incorporated (Nasdaq: MSTR), a leading independent business intelligence company, disclosed its third quarter financial results for 2023 on November 1, revealing a continued focus on Bitcoin acquisition and AI integration in its offerings. The Q3 report...

On November 1, 2023, Uniswap Foundation publicized the selections for the first round of Request for Proposals (RFPs) for Uniswap V4 through their official Twitter handle, @UniswapFND. The announcement is a significant stride towards enhancing Uniswap V4, with several...

PayPal, a notable player in the global payments realm, has secured approval from the Financial Conduct Authority (FCA) to offer cryptocurrency-related services in the United Kingdom. The authorization was disclosed on the FCA's website, affirming that PayPal has been...

On November 1, 2023, the closing arguments in the trial involving the defendant, known as SBF, showcased substantial evidence found in Google metadata that indicated his active involvement in creating and handling a particular spreadsheet linked to fraudulent...

FTX CEO Sam Bankman-Fried (SBF) found himself in the hot seat during a recent court proceeding regarding the exchange's risk management measures. The hearing, documented by BitMEX Research, shed light on a catastrophic event stemming from a flawed risk engine in 2020,...

The United States Securities and Exchange Commission (SEC) has filed claims of fraud and securities violations against Terraform Labs. Together with the company's co-founder, Do Kwon, Terraform Labs is vigorously pursuing a dismissal of these charges from a U.S....

Blockchain technology is rapidly transcending beyond traditional platforms, marking its imprint on mobile platforms, an area CertiK, a blockchain security firm, regards as a "frontier of innovation." However, this transition isn't devoid of challenges. Mobile...

In a recent social media exchange, Sam Bankman-Fried, the former CEO of FTX, found himself amidst a whirlpool of questions regarding the potential risk transfer from Alameda Research to FTX. The core issue revolved around the use of FTX customer funds to settle the...

In light of the increasing number of cryptocurrency scams permeating social media platforms, blockchain security company CertiK has delineated a comprehensive examination of this menacing trend. On October 26, 2023, CertiK took to Twitter to elucidate how the meld of...

The Commodity Futures Trading Commission (CFTC) has recently unveiled its 2023 Annual Report highlighting the significant achievements of the Whistleblower Program and Customer Education Initiatives. Commissioner Christy Goldsmith Romero, a former Inspector General,...

KuCoin, a global cryptocurrency exchange, has recently disclosed a survey report, “Into The Cryptoverse: Understanding Crypto Users in the UAE”, which is the 17th edition in its report series. The survey engaged 597 cryptocurrency investors from the UAE, providing...

In a newly published assurance opinion, Tether Holdings Limited disclosed its financial standing for Q3 2023, substantiated by a comprehensive assessment conducted by BDO, a globally recognized independent public accounting entity. The attestation, dated October 31,...

In an ambitious endeavor to bridge the ML (Machine Learning) compute gap, Voltage Park unveiled a formidable cloud infrastructure for AI development on October 29, 2023. The current market scenario is gripped by a severe shortfall in advanced ML compute resources,...

On October 30, 2023, President Joe Biden signed a pivotal Executive Order aimed at reinforcing the safety, security, and trustworthiness of artificial intelligence (AI) technologies in the United States. This directive is part of the Biden-Harris Administration's...

On October 31, 2023, Upbit, recognized as a global standard digital asset exchange, continued its endeavor to promote a healthy development in the digital asset/blockchain industry by providing a safe and transparent digital asset trading environment. In a previous...

Today marks the cessation of operations for Stelo Labs, in accordance with their earlier announcement on October 17, 2023. The termination affects all Stelo products, including the widely recognized Stelo Chrome extension, which will no longer simulate transactions...

Ethereum founder, Vitalik Buterin, delved into the intricacies of Layer 2 (L2) solutions on the Ethereum blockchain in a detailed post dated October 31, 2023. He acknowledged the rapid expansion of the L2 ecosystem, especially the ZK-EVM rollup segment, featuring...

The global embrace of digital currencies, driven significantly by Bitcoin, has come under scrutiny following a new United Nations study spotlighting the environmental detriments tied to cryptocurrency mining, extending beyond the often-cited carbon emissions to...

On October 30, 2023, Snowtrace.io, a popular blockchain explorer tool dedicated to the Avalanche C-Chain, announced that it would be discontinuing its Etherscan-powered explorer effective from November 30, 2023 (00:00 UTC). This announcement came through a series of...

On October 31, the Japanese government announced the freezing of assets belonging to nine individuals and one cryptocurrency trading company accused of financially aiding the Palestinian militant group Hamas, as per Kyodo News. This action comes amidst an ongoing...

The Chief Executive Officer of Ripple, Brad Garlinghouse, has voiced his disagreement with the regulatory posture taken by Jay Clayton, who formerly served as Chair of the US Securities and Exchange Commission (SEC). This criticism surfaced in response to statements...

A detailed analysis by VanEck, a major asset management firm, sketches various valuation scenarios for Solana (SOL) by the year 2030, amid the blockchain's remarkable performance and its strive for scalability, dated October 27, 2023. VanEck's examination lays out...

The United Nations Secretary-General is spearheading a multi-stakeholder High-level Advisory Body on Artificial Intelligence (AI). The initiative aims to harness AI's potential for humanity while addressing its accompanying risks and uncertainties as AI technologies...

OpenAI, notable for its advanced AI research and the creation of models like ChatGPT, unveiled a new initiative on October 25, 2023, targeted at addressing the multitude of risks associated with AI technologies. The initiative heralds the formation of a specialized...

On October 25, Taiwanese legislators tabled the Virtual Asset Management Bill before the single-chamber parliament, the Legislative Yuan. This initiative seeks to bolster consumer protection and furnish better oversight over the burgeoning digital asset sector. The...

On October 27, 2023, Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce voiced her dissent regarding the commission’s litigation against blockchain firm LBRY, Inc. (“LBRY”). This litigation emerged from the SEC’s enforcement action initiated in...

Antonio Juliano, the founder of dYdX, announced on Twitter on 28 October 2023, regarding impending substantial transfers of $DYDX tokens in the following days. This alert is in alignment with dYdX Trading Inc. and other locked token holders' plans to migrate tokens to...

Floki has unveiled its new platform, TokenFi, aimed at easing the crypto and asset tokenization process. This revelation comes at a time when the tokenization domain is foreseen to swell to a staggering $16 trillion by 2030. The announcement made on October 26, 2023,...

On October 26, 2023, Ethereum protocol developers convened to discuss the recent results of devnet 10 testing. Initially, an update was presented by @parithosh_j and @BarnabasBusa regarding the successful launch of the network earlier in the week, according to Tim...

Aptos is a well-known network that is known for encouraging innovation, and it has now made the winners of the Singapore leg of its World Tour Hackathon public announcements. On October 27, 2023, the network revealed 14 projects that stood out in different tracks via...

On October 25, 2023, blockchain analytics firm Elliptic released a statement clarifying misconceptions surrounding the extent of cryptocurrency funding received by Hamas. The firm emphasized the absence of substantial evidence supporting claims that Hamas has garnered...

The European Central Bank (ECB) has recently taken significant steps towards the conceptualization and eventual issuance of a digital euro, a Central Bank Digital Currency (CBDC). This development comes as a response to the increasing digitalization of the economy and...

Citi's Issuer Services, a segment of Securities Services, acted as the Issuing and Paying Agent for the first Digitally Native Note (DNN) issuance under English Law through Euroclear's Digital Financial Market Infrastructure (D-FMI) distributed ledger technology (DLT)...

Vodafone's Digital Asset Broker (DAB) and Chainlink (LINK) Labs have unveiled a proof of concept (PoC) in collaboration with Sumitomo Corporation and InnoWave. This initiative aims to tackle the inefficiencies entrenched in the mammoth $32 trillion global trade arena....

  Hong Kong FinTech Week 2023 "Fintech Redefined."   ***************************************************************   Invest Hong Kong (InvestHK) today (October 18) unveiled details of Hong Kong FinTech Week 2023 (HKFW). The eighth edition of HKFW, themed "Fintech...

The anticipation surrounding the approval of a US-regulated spot Bitcoin ETF is mounting, considering its potential to significantly catalyze the adoption of Bitcoin and its recognition as a viable asset class. As of September 30, 2023, Bitcoin investment products,...

BlockFi, a bankrupt cryptocurrency lending platform, announced its successful emergence from bankruptcy on October 24, 2023, marking a significant turnaround. The announcement followed an arduous 11-month endeavor by the management, advisors, and stakeholders to steer...

In a bid to curb the rising tide of fraudulent activities, California lawmakers have introduced a measure termed "Digital Financial Asset Transaction Kiosks." The measure advocates for a daily withdrawal limit of $1,000 from cryptocurrency ATMs. Furthermore, the bill...

On October 22, 2023, the decision was made by Magic Eden, a multi-chain NFT marketplace, to temporarily prohibit the trading of BRC-20 tokens in order to guarantee the maximum degree of safety possible for its consumers. This decision will continue to be implemented...

A recent revelation on the Lightning Network vulnerability known as a “replacement cycling attack” has prompted notable security researcher and developer, Antoine Riard, to step down from his role on the Lightning Network development team. The disclosure of this...

The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued an alert on October 20, 2023, aimed at assisting financial institutions in identifying funding streams that support the terrorist organization Hamas. This move comes after a...

Microsoft's Chairman and CEO, Satya Nadella, recently penned his annual letter, unveiling the technology behemoth's vision to drive a new era dominated by Artificial Intelligence (AI). The detailed discourse, shared on October 20, 2023, via LinkedIn, articulates the...

Base, Coinbase's Ethereum layer-2 network, has announced the beginning of Base Bootcamp, an eight-week, cohort-based program with the goal of converting experienced software engineers into smart contract developers. Base Bootcamp will focus on teaching participants...

The Singapore High Court's decision to allow iSanctuary to attach NFTs to cold wallets involved in a financial hack marks a significant legal milestone. These NFTs, known as SoulBound tokens, are non-transferrable and will be permanently linked to the wallets in...

A participant of the initial coin offering (ICO) for Ethereum has emerged from an 8.2-year hiatus, transferring their entire stash of 2,000 ETH, valued at $3.2 million, to four distinct addresses. This event occurred on October 21, 2023, as reported by Lookonchain via...

Kyriakos Mitsotakis, the Prime Minister of Greece, made the announcement on the establishment of a High-Level Advisory Committee for Artificial Intelligence (AI) on October 19, 2023. The purpose of this group is to get Greece ready for the tremendous breakthroughs...

In the contemporary data-driven world, the quantum of data processed and transmitted globally every day is staggering. However, the energy requisites for such processes are significant, propelling the necessity for energy-efficient gadgetry. Recently, researchers led...

A concerted effort is underway to defend against the lawsuit filed by the United States Securities and Exchange Commission (SEC) against Binance. This lawsuit, rooted in allegations dating back to at least July 2017, claims that Binance, under the stewardship of CEO...

The Depository Trust and Clearing Corporation (DTCC) has solidified its position in the digital asset sphere by confirming its intention to acquire Securrency, a firm renowned for its expertise in digital asset infrastructure development. This acquisition aligns with...

    Prior to December 7, 2021, the council indicated in its report to the European Council that it expects the European Commission to submit a legislative proposal in 2022 on further revision of the directive 2011/16 / EU on administrative cooperation in the field of...

Circle, a global financial technology firm, has taken steps to simplify blockchain interactions for developers and businesses with the beta launch of two new Web3 Services products: Gas Station and Smart Contract Platform. These new services come as a follow-up to...

Ripple, a major player in the business blockchain and cryptocurrency solution markets, has made an important announcement about a successful court battle. Both of the company's top executives, Brad Garlinghouse and Chris Larsen, were cleared of all allegations brought...

In light of the recent terrorist attack in Israel orchestrated by Hamas, Chainalysis, a blockchain analysis company, addresses the misconceptions surrounding cryptocurrency's role in terrorism financing in a blog post dated October 18, 2023. The analysis reveals that...

The US Department of Commerce’s Bureau of Industry and Security (BIS) unveiled tightened export controls on advanced computing semiconductors, semiconductor manufacturing equipment, and supercomputing items to nations deemed as "countries of concern", including the...

Fantom Foundation announced that several of their wallets were compromised. Reports confirmed that a number of Fantom wallets were affected earlier today, which involved a loss of approximately $550K in Fantom Foundation funds. However, it's reassuring to note that...

On October 17, 2023, Scroll, an open-source, community-centric Ethereum scaling solution, unveiled its mainnet, marking a pivotal stride towards augmenting scalability and propelling developer adoption on the Ethereum blockchain. This comes after two years of...

In a bid to realign its organizational structure with the broader interests of the web3 community, dYdX Trading Inc. has amended its charter to transition into a Public Benefit Corporation (PBC). This change was publicly announced on 17 October 2023 by Antonio, the...

Bitget, a renowned cryptocurrency derivatives and copy trading platform, celebrated the triumphant teams of its Under 30 Virtual Hackathon on October 16, 2023. This venture is a part of the Blockchain4Youth CSR program aimed at fostering young talents in AI and...

In an era where digital currencies are gaining traction, ensuring the prevention of their misuse is paramount. On October 17, 2023, Coinbase, a prestigious cryptocurrency exchange, delineated its strategies to combat illicit financial activities, particularly focusing...

In a bid to prioritize scalable reward programs, Reddit is terminating its blockchain-based Community Points program, a decision that has garnered significant attention in recent days, according to Techcrunch. The system, conceived to incentivize positive engagement...

Darewise Entertainment, a subsidiary of Animoca Brands, announced on 17 October 2023, a successful pre-sale event, accumulating US$3.5 million ahead of its Bitcoin metaverse ecosystem token launch. The funds are slated for the further development of the Bitcoin...

In response to the evolving landscape of technology-enabled crimes, Singapore's Attorney-General's Chambers (AGC) has officially established two specialized task forces this year, according to Lianhe Zaobao. Comprising approximately 20 prosecutors, these units aim to...

In a stride towards embracing digital currency, WeStreet Credit Union, based in Tulsa, Oklahoma, has unveiled a Crypto Portal to facilitate the buying, selling, and holding of cryptocurrencies for its members and the general public. Initially launched in August 2023...

Lido Finance, a decentralized liquid staking protocol, has decided to cease its operations on the Solana blockchain post a unanimous community verdict. This decision came into light on October 16, 2023, after an extensive dialogue and subsequent community voting...

On October 17, 2023, the Basel Committee on Banking Supervision released a consultative document concerning the disclosure of cryptoasset exposures by banks, seeking public feedback until January 31, 2024. The document is accessible on the BIS website. This comes...

On October 16, 2023, investment firm Multicoin Capital divulged its latest funding round for Squads Labs, amounting to $5.7 million. This investment surge elevates the total funding for Squads to $12.5 million, marking a significant financial milestone for the core...

BC Technology Group Limited, a leading digital asset and fintech firm listed on the Stock Exchange of Hong Kong (SEHK), issued a clarification announcement regarding unusual share price movements and misinformation circulating about the sale of its virtual asset...

Decentralized finance (DeFi) protocol Platypus has made significant strides in recovering assets stolen in a recent exploit. On 17 October 2023, the protocol announced via its Twitter handle, Platypusdefi, that it had successfully negotiated with the exploiter and...

Animoca Brands subsidiary, Forj, has officially opened applications for the inaugural cohort of the $APE Accelerator, an initiative designed to propel the ApeCoin ecosystem forward. The $APE Accelerator is a community-centric Web3 platform funded by the ApeCoin DAO,...

Recent market activities indicate a significant movement of LOOM tokens associated with Upbit, a well-known digital asset exchange. Over the past 48 hours, Upbit has escalated the frequency of depositing LOOM to other exchanges, Binance and Bithumb, summing up to over...

On October 13, 2023, French crypto exchange Coinhouse announced a 15% reduction in its workforce, following in the steps of another French unicorn, Ledger. This move primarily affects the web 3.0 department within the firm. Coinhouse CEO Nicolas Louvet, in an...

The Solana Foundation is offering a monetary reward of $400,000 to anyone who can identify a code that could potentially halt the Solana network, as revealed by Jacob Creech, Head of Developer Relations at Solana. The announcement came through Creech's Twitter post on...

The Web3 Foundation has recently concluded its 19th wave of grants, dedicating over $1.1 million towards 33 different projects under the Web3 Foundation Grants Program. This wave witnessed a submission of 100 applications, marking the highest in over two years. The...

On October 17, 2023, FTX Debtors made a significant announcement regarding their ongoing Chapter 11 cases, marking a major milestone in their efforts to resolve complex customer property disputes. After extensive discussions involving key stakeholders, including the...

On October 15, 2023, the Solana Foundation announced a significant partnership with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, aiming to bolster the Web3 sector in Dubai—a recognized global hub for cryptocurrency and blockchain innovations. This alliance...

The unveiling of an open-source directory dedicated to Uniswap v4 hooks has recently incited discord within the cryptocurrency realm. At the heart of the contention is a newly introduced hook, now accessible on this directory. This hook facilitates the execution of...

Latin America is carving a unique narrative in the global cryptocurrency landscape, with Venezuela and Argentina standing out due to their distinct socio-economic and political contexts. According to a report by Chainalysis, Latin America ranks seventh in the global...

On October 16, 2023, Upbit Singapore Pte. Ltd. (Upbit Singapore), secured an in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) licence, marking a pivotal step in the firm's journey to fortify its digital...

The UAE’s Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Office has published a whitepaper on a "Responsible Metaverse Self-Governance Framework" with contributions from OKX, a notable player in the Web3 technology domain....

On October 13, 2023, California Governor Gavin Newsom signed Assembly Bill 39, enacting the Digital Financial Assets Law, aimed at establishing a comprehensive regulatory framework for cryptocurrency activities in the state. Set to be effective from July 1, 2025, the...

On October 12, 2023, Cobo Argus, a fortified on-chain DeFi management solution, announced its integration with Chainlink Price Feeds on the Arbitrum mainnet, bolstering the security and efficiency of its automated DeFi strategies. This integration stems from Cobo...

San Francisco-based digital personal finance company SoFi has announced a 1% match on all eligible Individual Retirement Account (IRA) contributions through its SoFi Invest platform, effective immediately. This initiative aligns with the recent findings from SoFi's...

Google Research recently introduced a method termed Batch Calibration (BC) aimed at enhancing the performance of Large Language Models (LLMs) by reducing sensitivity to design decisions like template choice. This method is poised to address performance degradation...

Coinbase's Chief Legal Officer, Paul Grewal, has taken a step towards resolving the ongoing regulatory ambiguity surrounding digital assets. On October 13, 2023, Grewal filed a formal response with the U.S. Court of Appeals for the Third Circuit, urging the court to...

Mustafa Al-Bassam, the trust-minimization engineer and co-founder of Celestia, elucidated the five cornerstone values governing the social layer of the Celestia network in a comprehensive post on 12th October 2023. These precepts are devised to bolster the...

The Sui Foundation has announced a further allocation of 40 million SUI tokens towards its ecosystem and community development, as revealed in a tweet by Sui Network on 14th October 2023. This allocation comes in addition to the 117 million SUI reallocated in the...

The discovery of numerous Bitcoin mining operations with ties to China on American soil has flagged serious national security concerns among US authorities. A comprehensive report published by The New York Times on October 13 unveils a substantial presence of Bitcoin...

Mastercard, in collaboration with the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC), has unveiled a pioneering solution that fosters the interoperability of Central Bank Digital Currencies (CBDCs) across diverse blockchain...

On October 13, 2023, Google Cloud's VP Legal, Neal Suggs, and VP of TI Security & CISO, Phil Venables, unveiled an industry-first two-pronged intellectual property (IP) indemnity initiative aimed at safeguarding users of its generative AI services from potential...

The Biden administration is contemplating measures to plug a loophole that has been enabling Chinese firms to acquire U.S. artificial intelligence (AI) chips through overseas channels, as reported by Reuters on October 13, 2023. This move underscores Washington's...

On October 12, 2023, a significant regulatory maneuver unfolded as the Commodity Futures Trading Commission (CFTC) filed a complaint in the U.S. District Court for the Southern District of New York against Stephen Ehrlich, the former CEO of the now-bankrupt Voyager...

Apple and STEPN (with a utility token called GST and a governance token called GMT)  have announced the integration of Apple Music into the STEPN application, marking yet another milestone in the ongoing partnership between traditional tech juggernauts and emerging...

In light of recent concerns regarding the potential transfer of illicit funds, THORSwap, a decentralized exchange (DEX) powered by the multichain THORChain protocol, resumed operations on October 13, 2023, following a temporary shutdown earlier this month. The...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is under heightened scrutiny from the House Committee on Oversight and Accountability concerning the SEC's interactions with European Union (EU) bodies on legislative matters. The tension primarily...

Blockstream, a leading player in the blockchain arena, has officially rolled out Greenlight, its innovative Lightning-as-a-Service (LaaS) solution to the global market on October 12, 2023, following an initial reveal in June. This marks a significant stride towards...

Uniswap, a leading decentralized crypto exchange, has unveiled a beta version of its mobile wallet for Android devices on October 12, 2023, as announced in a recent blog post. This move follows the successful launch of its iOS mobile app on April 13, 2023. The iOS...

Peter Kambolin, the former CEO of a Miami-based investment firm, Systematic Alpha Management LLC (SAM), pleaded guilty on October 11, 2023, to a fraudulent scheme involving cryptocurrency futures contracts, as announced by the United States Department of Justice (DOJ)...

The Federal Trade Commission (FTC) on October 12, 2023, disclosed a settlement with the beleaguered cryptocurrency firm, Voyager Digital, post allegations of misleading consumers regarding the safety of their deposits. The settlement emerges amid a broader crackdown...

Terraform Labs Pte. Ltd. (Movant), has filed a motion to compel market maker Citadel Securities, LLC to divulge crucial trading data. This data, pertinent to a third-party subpoena, is deemed critical for Terraform Labs' defense against a lawsuit initiated by the U.S....

In a recent recap, OKX Ventures sheds light on its proactive steps toward fortifying the crypto ecosystem through strategic investments in innovative projects like Aark Digital, dappOS, and 0xScope, amidst a burgeoning crypto industry. OKX Ventures, in its September...

On October 12, 2023, Alpaca, a comprehensive global brokerage platform based in San Mateo, California, made public its strategic alliance with Japan's financial behemoth SBI Holdings (SBI). This partnership has been further cemented with a USD15 million investment...

In the shrouded realm of blockchain, the FTX hack that transpired on November 11, 2022, stands as a glaring testament to the cryptic trails a nefarious act can leave behind. The Bahamas-based cryptocurrency exchange, FTX, fell prey to an unidentified hacker who made...

Dr. Craig S Wright, the Chief Scientist at nChain and a self-proclaimed creator of Bitcoin, elucidated his perspective on the cypherpunk movement's misinterpretation of Bitcoin through a tweet on October 12, 2023, referencing a blog post he authored on October 11,...

Web3-based social media platform, Stars Arena, has made a significant recovery of the crypto assets lost during a security breach on October 7, 2023. As per the update shared on October 11, 2023, via a tweet, the platform successfully reclaimed approximately 90% of...

Crypto copy trading is gaining traction among major cryptocurrency exchanges, a trend noted by Gracy Chen, the Managing Director of Bitget, a pioneering platform in this arena. The surge of interest in copy trading among the crypto community is evidenced by Binance,...

A group of seven U.S. Senators, including prominent figures Elizabeth Warren and Bernie Sanders, submitted a letter to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel. This letter voiced the Senators' concerns regarding a significant delay in...

On October 11, 2023, Bitfinex, a leading digital asset trading platform, disclosed the initiation of a zero-fee trading facility for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela. This development follows the recent...

On 12th October 2023, a notable incident occurred within the decentralized finance (DeFi) sector as the protocol Platypus Finance on the Avalanche blockchain faced an exploit. The exploit led to a loss surpassing $2 million, triggering a surge of concern within its...

In a concerted move to bolster the blockchain gaming sphere in China, Singapore-based WEMIX PTE. LTD., a subsidiary of WEMADE, has strategically invested in five Chinese game developers, according to GlobeNewswire. This investment was channeled through a specialized...

On Wednesday, October 11, 2023, cryptocurrency exchange Bitfinex announced the enablement of Tether Gold (XAUt) transactions through the Polygon zkEVM transport layer. The new functionality, which became effective from 03:00 PM UTC on the said date, allows Bitfinex...

According to Report, the Open Network (TON) Ecosystem witnessed a momentous Q3 2023, marked by extensive user engagement, product launches, and a remarkable alliance with Telegram. The quarter's highlights reflect a vibrant growth trajectory for TON, encapsulating a...

After making a statement on the 10th of October 2023 outlining changes in its operational emphasis, the blockchain technology company Parity Technologies, which is the service provider behind the Polkadot (native token: DOT) blockchain, is said to have let go of more...

The Financial Conduct Authority (FCA) of the United Kingdom has imposed restrictions on the peer-to-peer lending platform Rebuildingsociety.com Ltd (Ref. No. 656344), which had recently formed a partnership with crypto exchange Binance for compliance with local...

Cyprus is set to introduce stringent penalties for unregulated cryptocurrency service providers (CSPs), according to the Cyprus Mail. The government has submitted a legislative amendment to the "Prevention and Suppression of Money Laundering Law," aiming to align the...

PeckShield, a blockchain security company, alerted the crypto community about a significant dip in Islamic Coin’s value on the BNB chain. According to a tweet by PeckShield's alert handle, the coin plummeted by a staggering 100%, with a transaction swapping...

USDC has been natively introduced on the Polygon Proof of Stake (PoS) network, eliminating the necessity for bridging. With this update, both developers and users can now access USDC directly on Polygon PoS. The integration is facilitated through full support from...

The hacker responsible for the theft of $13 million from the GDAC exchange on April 9, 2023, has initiated the movement of the stolen funds. This information comes courtesy of a MistTrack Alert posted on Twitter on October 11, 2023. The South Korean cryptocurrency...

In light of the significant regulatory strides taken by South Korea in the cryptocurrency domain, the disclosure of 'Compensation Reserve Funds' by domestic crypto exchanges emerges as a resonating move toward bolstering financial safeguards in the burgeoning digital...

Identifying assets with enduring value remains a pivotal concern for investors. Recently, Fidelity Digital Assets shed light on the distinct stature Bitcoin holds among digital assets, endorsing it as a primary consideration for investors. This narrative was further...

Paul Grewal, the Chief Legal Officer at Coinbase, voiced a strong stance against funding malicious entities through cryptocurrencies in a series of tweets on October 11, 2023. His tweets come amidst escalating geopolitical tensions involving Israel and the terrorist...

Islamic Coin (@Islamic_Coin), a Shariah-compliant digital asset ecosystem operating on the Haqq Network blockchain, has introduced a Community Rewards program. This initiative, announced on October 11, 2023, is designed to appreciate and engage the community which has...

Uniswap Foundation has initiated a governance proposal to secure additional funding of $46.2 million for the next two years of its operations, through an on-chain vote. The foundation's revised proposal follows a Temperature Check and aims to facilitate its...

On October 9, 2023, the legal team of Samuel Bankman-Fried, represented by COHEN & GRESSER LLP, submitted a letter to U.S. District Judge Lewis A. Kaplan. The letter was filed in response to the court's October 1 order, which provisionally restricted the defense...

Polkadot's ecosystem saw significant expansion in Q3 2023, with the addition of five new parachains, a rise in staking metrics, and major technical upgrades. The total volume of staked DOT increased to 663 million, and the platform recorded more than 190 million...

The behavior of MicroStrategy in borrowing money to purchase Bitcoin has stirred quite a controversy. Adam Cochran, a partner at CEHV and a known figure in the crypto space, recently dissected the precarious financial position of MicroStrategy, a company headed by...

Coinbase's Chief Legal Officer, Paul Grewal, recently shed light on how their Engineering team is harnessing Artificial Intelligence (AI) to root out ERC-20 scam tokens.This innovation was disclosed on October 6, 2023, by Yifan Xu, Indra Rustandi, Yao Ma, and Vijay...

Flow blockchain, under the aegis of Dieter Shirley, co-creator of CryptoKitties and Chief Architect of Flow, has floated a proposal to integrate Ethereum Virtual Machine (EVM) on its platform, aiming for full EVM equivalence. This move is designed to bridge the...

The U.S. prosecution team has issued a formal request to the United States District Court, Southern District of New York, seeking to preclude the defense from introducing arguments or evidence concerning the current value of specific investments in the trial against...

The recent exploit faced by the Ethereum Foundation on the decentralized finance (DeFi) platform Uniswap V3 casts a spotlight on the burgeoning issue of Sandwich attacks orchestrated by MEV (Miner Extractable Value) Bots within the blockchain and cryptocurrency...

A recent disclosure by Conor Grogan, Director at Coinbase, unveiled a noteworthy involvement of Alameda Research in the minting of Tether (USDT) tokens. Through meticulous on-chain data analysis, it was found that Alameda was responsible for minting a massive $39.55...

Two senior Republican members of the U.S. House of Representatives have called on the Biden administration to tighten export controls on advanced semiconductors to China. The lawmakers, Michael McCaul and Mike Gallagher, chairmen of the House Foreign Affairs Committee...

On October 8, 2023, Andrei Grachev, the co-founder of DWF Labs, divulged a significant partnership between his firm and the Dubai Multi Commodities Centre (DMCC) via Twitter. This alliance is poised to enhance the financial ecosystem within DMCC, as DWF Labs commits...

Ethereum Foundation's Sale Raises Red Flags On October 9, 2023, blockchain analytics platform Scopescan reported that the Ethereum Foundation sold 1,700 ETH, equivalent to approximately $2.76 million, for USDC. The transaction was confirmed by the Ethereum...

In a recent Twitter thread, Alex Svanevik, the CEO of Nansen.ai, delved into six key trends he believes will significantly impact the cryptocurrency landscape in the coming cycle. The detailed thread, posted on October 6, 2023, underscored the blending of fintech with...

Hacking attempts on South Korea's largest cryptocurrency exchange, Upbit, have surged to 159,061 in the first half of 2023, according to data submitted to the National Assembly. The figure represents a 2.17-fold increase compared to the same period last year. Lawmaker...

In the wake of a damaging security breach that saw a loss of nearly $3 million, Stars Arena, an Avalanche-based Web3 social media application, has taken significant steps to bolster its security infrastructure and restore users' trust. Following the exploit on October...

The blockchain and cryptocurrency domain continues to battle against a variety of security threats, as elucidated in the SlowMist Weekly Security Report for the period October 1 - October 7, 2023. The report sheds light on ten distinct security incidents impacting...

David "JoelKatz" Schwartz, the Chief Technology Officer at Ripple, has been actively engaging with the community regarding the integration of an Automated Market Maker (AMM) feature on the XRP Ledger (XRPL). Through a series of posts on the social media platform X...

Huobi Global's cryptocurrency exchange HTX encountered a significant security breach on September 25, when one of its hot wallets was compromised and drained of 5,000 Ether (ETH), which was valued at approximately $8 million at the time. This incident was part of a...

Kraken, a renowned cryptocurrency exchange based in the United States, has unveiled its strategic plan to acquire Coin Meester B.V. (BCM), marking a significant stride in bolstering its European presence. This acquisition, anticipated to fortify Kraken's stance in the...

Vitalik Buterin, the founder of Ethereum, has recently proposed a series of changes aimed at improving the network's staking model. The primary objectives are to enhance decentralization and reduce the computational burden on the consensus layer. The proposal comes as...

The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have established a dedicated working group aimed at enhancing collaboration in monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). The...

In the application, the SEC outlines its ongoing investigation into Elon Musk's 2022 acquisition of Twitter shares, as well as his subsequent statements and filings with the Commission. The SEC initially served Musk with a subpoena in May 2023, requiring him to appear...

The Sui Foundation disclosed today that it will redirect 117 million SUI tokens from external market makers into various channels aimed at fostering the Sui Network's growth. This Layer 1 blockchain network launched its mainnet in May and has since been recognized for...

According to a document that was submitted by the United States Department of Justice (DOJ) on October 4, 2023, two luxury aeroplanes worth several millions of dollars that are held by Samuel Bankman-Fried are now potentially vulnerable to forfeiture. The petition...

Titan Fund, which is managed by CMCC Global, has closed its inaugural investment round on October 4, raising $100 million with the involvement of over 30 investors. Among the prominent investors are the blockchain startup Block.one, the Pacific Century Group, owned by...

Elliptic, a reputable blockchain analytics entity, shed light on the expanding realm of cross-chain crime. Their 2023 report, 'The State of Cross-chain Crime,' delineated that an alarming $7 billion of illicit or high-risk funds have been navigated through cross-chain...

Bard, Google's powerful artificial intelligence chat service, is going to be included into Google Assistant so that it can provide a wider variety of features. The news was shared on social media on October 4, 2023, by the Made by Google team, which served as the...

Stock Connect is a mutual market access programme that connects Mainland Chinese markets with Hong Kong markets. The most recent addition to Stock Connect is called HKEX Synapse. The platform intends to standardise and simplify post-trade operations, with the end goal...

The recent precipitous decline in long-term bonds has brought about a flurry of discussions among the investor and financial analyst communities, drawing notable parallels with some of the most infamous market downturns in history. Bonds with a maturity of 10 or more...

On October 5, 2023, a blockchain investigator by the name of ZachXBT stated that a single scammer had stolen 234 ETH, which is roughly comparable to $385,000, from four customers of Friend.tech over the course of a single day. A SIM-swap assault was carried out by the...

In the heart of New York City, where a culinary adventure awaits at every corner, a new endeavor is brewing that aims to redefine the dining experience for restaurateurs and patrons alike. This aspiration is embodied by Blackbird, a venture that is stepping into the...

According to official Twitter account, Immutable has set the stage for gaming on the Ethereum blockchain with its recently launched zkEVM Testnet, accentuated by the involvement of @0xPolygonLabs. The progress is underscored by over 50 games that have earmarked their...

Three weeks after a Polygon Improvement Proposal (PIP) detailed the specifications for POL, the contracts have been deployed on the Goerli testnet. This is a significant milestone towards the full implementation of Polygon 2.0. The deployment is the culmination of...

Cryptocurrency exchange FTX has issued a renewed public warning about phishing emails and scam sites that are designed to impersonate its Debtors' portal. The alert was disseminated via the company's official Twitter account on October 5, 2023. In the tweet, FTX...

Decentralized exchange platform dYdX has successfully undergone a full security audit of its Chain code, conducted by Informal Systems. The news was announced on dYdX's official Twitter account and later reposted by the company's founder, Antonio. The audit aimed to...

Yield Protocol Cessation The team behind Yield Protocol has announced the discontinuation of their service post a collective dialogue with relevant stakeholders. The March 2024 fixed rate series will not see a launch, as declared on their official channel dated 17...

Sygnum Singapore's announcement on 3rd October 2023 concerning its acquisition of a Major Payment Institution Licence (MPIL) from the Monetary Authority of Singapore (MAS) echoes a burgeoning narrative of regulatory evolution in the city-state's digital asset sector....

The global microfinance market has shown consistent growth prospects from 2014 to 2030, according to ResearchAndMarkets. The report focuses on lending activities by both banks and non-bank entities, targeting small enterprises, solo entrepreneurs, and...

Paul Grewal, the Chief Legal Officer of Coinbase, took to Twitter on October 4, 2023, to address the U.S. Securities and Exchange Commission's (SEC) recent filing against the company. The SEC has opposed Coinbase's motion to dismiss the case against it, a move that...

Binance has expanded its Monitoring Tag list to include Beta Finance (BETA), BarnBridge (BOND), Waltonchain (WTC), and NEM (XEM) as of October 4, 2023, according to Binance official blog. The Monitoring Tag serves as a risk indicator for tokens with elevated...

Ripple's Singapore subsidiary, Ripple Markets APAC Pte Ltd, has successfully secured its MPI license for digital payment tokens (DPTs) from the MAS. The license comes on the heels of the regulatory body's in-principle approval of Ripple's application in June 2023....

GSR Markets Pte. Ltd., the Singaporean subsidiary of global cryptocurrency trading firm GSR, has received In-Principle Approval for a Major Payment Institution licence from the Monetary Authority of Singapore (MAS). Announced on October 2, 2023, this regulatory...

Bitfarms, a Canadian Bitcoin mining firm listed on NASDAQ and TSX under the ticker BITF, reported mining 411 BTC in September 2023, a 7.3% increase from August 2023. The company sold 362 of the mined BTC, generating total proceeds of $9.5 million. The remaining BTC...

Binance has recently come into collaboration with the Royal Thai Police to aid in the disbanding of major crypto fraudulent networks in Thailand, according to Binance official blog. Through two significant operations, the collaborative efforts have led to the arrest...

On October 2, 2023, plaintiff Nir Lahav filed a class-action lawsuit in the District Court of Northern California against Binance Holdings Limited, BAM Trading Services Inc., BAM Management US Holdings Inc., and CEO Changpeng Zhao. The lawsuit accuses Binance and Zhao...

In a fiery discourse on Twitter between 1st and 2nd October 2023, Anatoly Yakovenko, co-founder of Solana Labs, robustly defended the accessibility and inclusivity of the Solana network, engaging in a series of tweets that delved into the philosophies underpinning...

On the morning of October 4, 2023, a significant legal event will unfold as Judge Kaplan begins the criminal trial against Sam Bankman-Fried (SBF), a name that has become synonymous with the crypto exchange FTX. The anticipation surrounding the trial has caught the...

On October 2, 2023, NYSE Arca and Grayscale Investments took a significant step in the regulated crypto investment landscape by filing Form 19b-4 with the SEC. The aim is to convert Grayscale Ethereum Trust (OTCQX: ETHE) into a spot Ethereum ETF. "As we file to...

Uniswap's V3 contracts have found a new home on the Moonbeam Network, a leading destination for multi-chain applications on Polkadot. With over $3 billion in Total Value Locked (TVL), Uniswap is a giant in the decentralized exchange (DEX) sphere. This integration, a...

A recent working paper by the International Monetary Fund (IMF) titled "Assessing Macrofinancial Risks from Crypto Assets" has shed light on the complexities and potential risks in the rapidly growing crypto sector. The paper serves as a comprehensive guide for...

Eastern Asia has seen its cryptocurrency market dynamics shift significantly, with a notable decline in crypto activity over recent years, primarily attributed to China's restrictive stance. However, a wind of change may be blowing from Hong Kong, as the region...

On September 29, 2023, Google Cloud made a significant move by joining Polygon's Proof of Stake (PoS) network as a validator. The development was confirmed by both Polygon Labs and Google Cloud Singapore through their respective Twitter accounts. Google Cloud will...

To further its efforts in the field of artificial intelligence (AI), software giant Microsoft is venturing into the potentially dangerous world of nuclear power. The IT giant has signalled a strategic effort to establish an energy strategy based on Small Modular...

On September 29, 2023, Paradigm filed an amicus brief in the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Binance, a leading cryptocurrency exchange. Paradigm is not an investor in Binance and has no direct financial interest in the...

In an effort to enhance transparency and bolster the trust of its customers, FTX Japan has unveiled a blockchain-based technology known as Proof of Solvency (PoS). This initiative was announced by Seth Melamed, the COO of FTX Japan, through a series of tweets on...

Ethereum has marked a commendable 22% upsurge in its value as of September 2023, surpassing many substantial smart contract blockchains, according to Will Ogden Moore's article on Grayscale blog. The escalation is significantly credited to the advent of Layer 2...

Top-performing Ethereum Layer 2 solutions like Arbitrum, Optimism, and BASE have outpaced prominent Ethereum competitor Layer 1 blockchains such as Solana and Avalanche in terms of total value locked (TVL) as of September 25, 2023, according to Grayscale. This shift...

The National Bank of Georgia (NBG) is propelling forward with its Central Bank Digital Currency (CBDC) venture, dubbed the Digital GEL Pilot Project. The bank is now in the phase of scouting for a singular technology ally to facilitate the Limited Access Live Pilot...

Friend.tech, a decentralized social media platform operating on Base's Ethereum layer-2 chain, has been a significant contributor to Base's recent growth. Base is a secure, low-cost, builder-friendly Ethereum layer-2 chain designed by Coinbase to bring the next...

VanEck, a notable investment management firm, has committed to donating 10% of the profits from its Ethereum Strategy ETF (EFUT) to Protocol Guild for a minimum duration of ten years. This declaration came ahead of the anticipated launch of the ETF, symbolized as...

Coinbase Singapore announced on October 1, 2023, that it has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license follows the company's initial "In Principle Approval" and signifies Coinbase's commitment to...

Christen Ager-Hanssen, the Group CEO of blockchain technology company nChain, has announced his resignation, effective immediately. Ager-Hanssen took to social media on September 30, 2023, to detail the reasons behind his departure, highlighting a series of serious...

According to a press release on September 29, 2023, the alternative investments management company Alpaca of New York presented its Alpaca Real Estate (ARE) private equity real estate platform to the public for the first time. The platform's first foray into the real...

On September 29, 2023, OpenTrade, a notable platform bridging traditional financial markets with digital asset realms, declared a strategic collaboration with WOO X, enabling its user base to tap into tokenized Treasury Bills (T-Bills) and avail USDC-collateralized...

In a recent legal document filed, attorneys for the former CEO of cryptocurrency exchange FTX, Samuel Bankman-Fried, have raised objections regarding the proposed jury questions for the upcoming fraud trial. The document asserts that the government's proposed jury...

On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its Californian counterpart, Prager Metis CPAs LLP (jointly referred to as Prager), for alleged violations...

Amidst an imminent government shutdown due to Congress's stalled federal appropriations bill for the fiscal year beginning October 1, 2023, the financial sector holds its breath. The potential shutdown's ripple effects are poised to stretch beyond traditional markets,...

On September 28, 2023, the DFINITY Foundation, a non-profit R&D entity and a significant player in the Internet Computer Protocol (ICP) blockchain sphere, launched the ICP Asia Alliance and initiated a $20 million grant fund to bolster blockchain and AI endeavors...

Circle has initiated 'Circle Research', a new venture aimed at propelling technical advancements in the realms of cryptocurrency, blockchain, and Web3 through open-source investigation. The launching of Circle Research is seen as a step forward in hastening and...

In July, according to EmberCN, when Worldcoin (WLD) launched, it lent a collective sum of 100 million WLD to five market makers to enhance liquidity. According to the terms, these market makers must either return the coins or buy them at a price ranging between $2 to...

Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the...

Brazil initiates the use of blockchain technology in issuing the National Identity Card (CIN), enhancing the security of the new identity issuance process. The shared registration platform, developed by Serpro, facilitates secure data sharing between the Federal...

Ethereum's co-founder, Vitalik Buterin, in a blog post dated September 30, 2023, delved into the ongoing discourse around protocol enhancements concerning Layer 1 (L1) and Layer 2 (L2) solutions. Initially, Ethereum was driven by a minimalistic approach, focusing on a...

Traditional financial institutions have arrived at a critical crossroads in the course of their digital transformation. They have built up a level of consumer trust that is on par with that of their digital-first rivals. As of the 28th of September in the year 2023,...

The Securities and Exchange Commission (SEC) of the United States has recently announced the postponement of its decision regarding several proposals for spot Bitcoin exchange-traded funds (ETFs). This decision impacts applications from well-known entities such as...

VanEck, a renowned player in the financial markets, has unveiled its plans to launch the VanEck Ethereum Strategy ETF (EFUT). This actively managed exchange-traded fund is strategically designed to target capital appreciation through investments in Ethereum (ETH)...

Key Takeaways * Hong Kong Security Chief Chris Tang Ping-keung vows to hunt down ringleaders of JPEX, a crypto platform involved in the city's largest alleged financial fraud. * Police have arrested 15 individuals and seized assets worth HK$85 million ($10.8 million),...

Key Takeaways * Marathon Digital Holdings confirmed mining an invalid Bitcoin block due to an internal bug during an experiment. * The mishap occurred on Sept 26, stressing Bitcoin's robust network security that rectified the anomaly.   Marathon Digital Holdings...

Key Takeaways * The U.S. Securities and Exchange Commission (SEC) extends the review period for the ARK 21Shares Bitcoin ETF proposal till January 10, 2024. * The delay follows the regulator's previous postponement, pushing the decision 240 days post the initial...

Key Takeaways * Neara clinches $24M in Series B funding, taking the total to $24M with a $10M extension led by Prosus Ventures on September 27, 2023. * The infusion will bolster Neara's AI-driven infrastructure modeling platform advancing natural disaster mitigation...

Key Takeaways * Brian Armstrong condemns Chase UK's decision to restrict crypto-related transactions * The move prompts dialogue with UK officials regarding the country's crypto policy * The ban poses challenges for Coinbase's expansion ambitions in the UK   Brian...

Key Takeaways * OpenAI introduces web browsing capabilities for ChatGPT on September 27, 2023. * The feature is immediately available for Plus and Enterprise users. * OpenAI aims to address the existing knowledge gap in ChatGPT with this update.   OpenAI, an...

Key Takeaways * CZ, Binance's CEO, provides clarifications on Binance's association with CommEX. * Cryptocurrency transfers between the platforms are in progress. * Binance's broader compliance strategy leads to its Russian operations' sale to CommEX. CZ's...

Key Takeaways * Paysafe Payment Solutions Limited discontinues EUR deposits for Binance users. * Affected users have until October 31, 2023, to convert EUR balances to USDT. * Multiple Binance services, including Spot Trading and Auto-Invest, impacted.   Paysafe...

Metis, a Layer 2 network built on Ethereum, announced a significant proposal on September 27, 2023. The proposal aims to migrate its data availability mechanism back to the Ethereum mainnet by switching from its current off-chain storage layer to its original...

Key Takeaways * By 2028, only 9% of all payments are expected to be made in physical currency. * Central Bank Digital Currencies (CBDCs) are under development, but their design raises questions about privacy and personal freedom. * Critics argue that digital payment...

Key Takeaways Paradigm's recent article discusses the growing adoption and potential of cryptocurrency. Matt Huang, co-founder of Paradigm, uses the metaphor of a "new planet" to describe the crypto landscape. Crypto KOL Splin Teron offers an analysis of Paradigm's...

Key Takeaways Gemini plans to invest INR 200 crore ($24 million USD) in India over the next two years. The investment aims to grow Gemini's development center in Gurgaon, focusing on core platform fundamentals. India's robust startup ecosystem and...

Key Takeaways Christina Choi, Executive Director of Investment Products at the Securities and Futures Commission (SFC), spoke at the Bloomberg Buy-Side Forum Hong Kong 2023. Choi emphasized the role of technology, particularly AI and blockchain, in...

Key Takeaways Binance to sell its entire Russia business to CommEX Off-boarding process for existing Russian users to take up to one year Binance cites compliance strategy as the reason for exit Binance, the world's largest cryptocurrency...

Key Takeaways Pablo Renato Rodriguez, co-founder of AirBit Club, sentenced to 12 years in prison. Rodriguez and co-defendants ordered to forfeit approximately $100 million in assets. Co-defendants await sentencing; previous involvement in pyramid...

Key Takeaways Taiwan's leading crypto exchanges form an industry association ahead of new regulations. The association aims to facilitate dialogue with regulators and integrate the crypto industry. Nine exchanges are currently part of the preparatory...

Key Takeaways Web3 security losses in Q3 2023 escalate to $889.26M. North Korean APT group Lazarus emerges as a significant threat, responsible for over $208M in thefts. Ethereum remains the most targeted blockchain, with losses totaling $227M. Alarming Surge in Q3...

Key Takeaways Taiwan's Financial Supervisory Commission (FSC) releases new guidelines for Virtual Asset Service Providers (VASPs). Foreign VASPs are prohibited from operating in Taiwan without proper registration. The guidelines were released on...

  Key Takeaways He Yi's public letter provides insights into Binance's stringent compliance measures like KYC, EDD, WCK, and POA. Binance is under investigation by the U.S. Department of Justice's national security division as of May 6, 2023, adding to a...

Key Takeaways Mixin Network was hacked, resulting in a loss of $200 million in user assets. The company has left a message for the hacker, offering a $20M bug bounty for the return of the assets. The transaction was confirmed on block 18225451, with a...

The Promise and Challenges of Tokenization Tokenization, the process of converting real-world assets into digital tokens on a blockchain, is poised to revolutionize the financial industry, according to R3. It promises benefits such as access to new markets, product...

Key Takeaways JCBA (Japan Cryptocurrency Business Association) submits initial proposal for IEO (Initial Exchange Offering) regulatory reform to JVCEA (Japan Virtual Currency Exchange Association). The proposal outlines four key agendas aimed at stabilizing the IEO...

Key Takeaways Citcon announces a strategic partnership with Cash App Pay and Afterpay. The collaboration aims to provide e-commerce businesses with a range of payment options. Merchants can integrate these payment methods with minimal effort and benefit from a...

Key Takeaways MicroStrategy purchases 5,445 more Bitcoins for approximately $147.3 million. The company now holds a total of 158,245 Bitcoins, acquired at an average price of $29,582 per Bitcoin. The acquisition comes amid a period of relative price stability for...

Key Takeaways Amazon to invest up to $4 billion in Anthropic. Anthropic gains access to AWS Trainium and Inferentia chips. Amazon acquires a minority stake in Anthropic; governance remains unchanged. Collaboration aims to advance AI safety and research. Strategic...

Key Takeaways Samuel Bankman-Fried's legal team has submitted a letter to Judge Lewis A. Kaplan, requesting temporary release for their client. The request is based on the need for adequate preparation for the upcoming trial, citing the case's complexity. The letter...

Key Takeaways SEC files limited objection against Celsius Network's restructuring plan. Concerns raised over the company's proposed engagement with Coinbase. SEC's ongoing lawsuit against Coinbase cited as complicating factor. Next bankruptcy court hearing scheduled...

Key Takeaways Solana has recovered from a 93% market capitalization drop in 2022, showing a resurgence of ~111% year-to-date. Priority fees and network upgrades have improved Solana's uptime to 100% in 2023. The ecosystem is diversifying with new use-cases like...

Key Takeaways Hong Kong's Securities and Futures Commission (SFC) has provided details on its investigation into the unlicensed virtual asset trading platform JPEX. Over 2,000 people have reported being defrauded by JPEX, involving more than HKD 1.4 billion. SFC CEO...

Key Takeaways BNB Chain and MetaMask have resolved a glitch that made opBNB's gas fees appear unusually high. The issue was due to MetaMask's default minimum recommendation price for gas, which was not aligned with opBNB's lower gas fees. The corrected algorithm now...

Key Takeaways South Korean lawmaker Yoon Chang-hyun proposes an amendment to scrutinize the criminal records of major shareholders in crypto businesses. The Financial Intelligence Unit (FIU) is also focusing on the eligibility of major shareholders. The amendment aims...

Key Takeaways Crypto.com mistakenly transferred $10.5 million AUD to Thevamanogari Manivel's bank account in May 2021. The error was discovered in December 2021 during an annual audit. Manivel has been sentenced to an 18-month community corrections order, while her...

Key Takeaways Alipay, the Official Prestige Partner of the Hangzhou Asian Games, enabled over 100 million digital torchbearers to participate in the first-ever digital cauldron lighting. The digital torchbearer program was part of the Smart Hangzhou 2022 platform....

Key Takeaways Internal investigation by Cyvers Alerts reveals suspicious transactions involving Mixin Network hacker addresses. Two hacker addresses received 51 ETH from an account that interacted with Huobi Global and Binance. Calls for Huobi Global, Binance, and CZ...

We leveraged our partner's ChatGPT and AI machine learning technologies to predict Solana's future, identifying potential trends for its native SOL token. At present, SOL is trading at less than a tenth of its all-time high of $260, suggesting it may be both oversold...

Key Takeaways Total security incidents reported: 7 Estimated financial loss: Approximately $380,600 Notable trend: Increase in phishing attacks and rug pull tactics New attack methods: DNS hijacking, contract vulnerability, and phishing attempts Breakdown of Incidents...

Key Takeaways Mixin Network's cloud service provider database was attacked on September 23, 2023, resulting in a loss of approximately $200 million. Blockchain security firm SlowMist is assisting in the ongoing investigation. Deposit and withdrawal services on Mixin...

Introduction ChatPDF is a specialized platform that utilizes ChatGPT technology to offer advanced PDF processing capabilities. Aimed at a diverse user base including students, researchers, and professionals, the service is engineered to summarize PDF content and...

ChatGPT, an AI model developed by OpenAI, has recently offered insights into the likelihood of Ripple's XRP reaching the $1 milestone in 2023, with our prompts. While the analysis is data-driven, it's important to clarify that these are not financial recommendations....

Key Takeaways Rollbit announces the closure of Degen EXchange and sister site Rollbot.com. The decision is attributed to "regulatory uncertainty and low adoption." $RLB functionality remains unaffected; the core product and NFT collections will continue. Regulatory...

Key Takeaways JPEX, a virtual asset trading platform, has initiated a DAO stakeholder dividend scheme. 70% of participating users have reportedly agreed to the scheme. Lawmaker Huang Junshuo warns that converting from creditors to shareholders could entail debt risks....

Key Takeaways Andrei Grachev, head of DWF Labs, and Cristian Gil of GSR.io engage in a public Twitter feud. The exchange has led to discussions about the state of the crypto market and the role of market makers. A Twitter user suggests a "Crypto Fight Night" where the...