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Day: October 11, 2023

  1. Home
  2. 2023
  3. October
  4. 11
  5. Page 3
Former Alameda Research CEO Claims FTX Considered Investment from Saudi Crown Prince
  • bob
  • 2023-10-11
  • Asia
  • Company News
  • Cryptocurrency Exchanges
  • Government Policies and Cryptocurrency Adoption

Former Alameda Research CEO Claims FTX Considered Investment from Saudi Crown Prince

Former Alameda Research CEO Caroline Ellison testified in court that Sam “SBF” Bankman-Fried, the CEO of FTX, considered raising equity for the crypto exchange by seeking an investment from Saudi Crown Prince Mohammed bin Salman, also known as MBS. Ellison revealed that she had discussed hedging Alameda investments with Bankman-Fried in 2022, during which he […]

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Less Than Half of Hong Kong Retail Crypto Investors Aware of New Regulatory Regime
  • bob
  • 2023-10-11
  • Asia
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Regulatory Developments

Less Than Half of Hong Kong Retail Crypto Investors Aware of New Regulatory Regime

Just 47% of retail crypto investors in Hong Kong are aware of the Virtual Asset Trading Platform Regulatory Regime, a legislation which went into effect this June to protect the interest of retail investors in digital assets in the region. According to a report by the Investor and Financial Education Council (IFEC) of Hong Kong, […]

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VitaDAO Launches Matrix Biosciences, a Community-Funded Biotech Firm Backed by Pfizer Ventures
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Investment Insights

VitaDAO Launches Matrix Biosciences, a Community-Funded Biotech Firm Backed by Pfizer Ventures

VitaDAO, a community-owned project focused on longevity research, has launched its first biotech company called Matrix Biosciences. The project, backed by Pfizer Ventures and Shine Capital, aims to develop groundbreaking treatments for cancer and aging-related disorders. Matrix Biosciences has received an initial funding of $300,000 from VitaDAO, with more funding expected through IP-NFT fractionalization in […]

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TON Foundation Collaborates with Alibaba Cloud to Attempt Guinness World Record for Fastest Blockchain
  • bob
  • 2023-10-11
  • Cryptocurrency Innovations
  • Cryptocurrency Market Analysis
  • Europe
  • Fintech and Blockchain Startups

TON Foundation Collaborates with Alibaba Cloud to Attempt Guinness World Record for Fastest Blockchain

The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as accredited by Guinness World Records. The foundation will conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of the TON blockchain. Collaborating with Alibaba Cloud and others, TON Foundation will […]

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Binance Delists 12 Liquidity Pools, Including XRP/BUSD, to Improve Transaction Prices and Liquidity
  • bob
  • 2023-10-11
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Market Updates
  • World

Binance Delists 12 Liquidity Pools, Including XRP/BUSD, to Improve Transaction Prices and Liquidity

Binance, the world’s largest cryptocurrency exchange, has announced that it will delist 12 liquidity pools from its Binance Liquid Swap platform on October 17. The affected trading pairs include XRP/BUSD, MANA/BUSD, OP/BUSD, BEL/USDT, FTM/BUSD, FUN/USDT, GMT/BNB, GMT/ETH, HFT/USDT, IDEX/USDT, LEVER/USDT, and MAGIC/BTC. The move is aimed at improving liquidity and transaction prices for users. Binance […]

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Cryptocurrency Trading Platform WOO Network to Buy Back Shares from Bankrupt Hedge Fund Three Arrows Capital
  • bob
  • 2023-10-11
  • Asia
  • Company News
  • Cryptocurrency Exchanges
  • Regulatory Developments

Cryptocurrency Trading Platform WOO Network to Buy Back Shares from Bankrupt Hedge Fund Three Arrows Capital

Cryptocurrency trading platform WOO Network has announced its plans to repurchase shares and tokens from bankrupt crypto hedge fund Three Arrows Capital (3AC). This move aims to eliminate the uncertainty surrounding WOO’s business caused by the collapse of 3AC. WOO has reached an agreement with 3AC’s liquidator, Teneo, to buy back the shares and tokens […]

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Former Alameda Research CEO Testifies to Providing Fudged Numbers in SBF’s Criminal Trial
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • North America

Former Alameda Research CEO Testifies to Providing Fudged Numbers in SBF’s Criminal Trial

Former Alameda Research CEO, Caroline Ellison, testified in the criminal trial of Sam “SBF” Bankman-Fried, revealing that she provided manipulated financial data to Genesis at Bankman-Fried’s direction. Ellison admitted to creating “alternative” balance sheets that concealed Alameda’s borrowing of $10 billion from FTX and $5 billion in loans to executives and affiliated entities. She expressed […]

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TON Foundation to Attempt Guinness World Record for Fastest Blockchain
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Fintech and Blockchain Startups

TON Foundation to Attempt Guinness World Record for Fastest Blockchain

The Open Network Foundation (TON Foundation) has announced its attempt to become the world’s fastest blockchain, as recognized by Guinness World Records. The foundation plans to conduct a public network performance test on October 31, 2023, to showcase the reliability, scalability, and speed of The Open Network (TON) blockchain. To facilitate the test, TON Foundation […]

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BlackRock Utilizes JPMorgan’s Blockchain Tools for Instant Collateral Settlement with Barclays
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Fintech and Blockchain Startups

BlackRock Utilizes JPMorgan’s Blockchain Tools for Instant Collateral Settlement with Barclays

BlackRock has utilized JPMorgan’s new blockchain tools to facilitate instant collateral settlement with Barclays. The transaction involved tokenized shares from one of BlackRock’s money market funds, leveraging JPMorgan’s Tokenized Collateral Network (TCN). This blockchain-driven platform allows for efficient and instantaneous transactions, eliminating the delays associated with traditional methods. JPMorgan plans to expand the supported assets […]

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JPMorgan’s Tokenized Collateral Network (TCN) Revolutionizes Finance Industry with Instant Transactions
  • bob
  • 2023-10-11
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • North America

JPMorgan’s Tokenized Collateral Network (TCN) Revolutionizes Finance Industry with Instant Transactions

JPMorgan Chase & Co. has achieved a significant milestone in blockchain technology with the completion of its Tokenized Collateral Network (TCN) live transaction. This groundbreaking transaction involved major financial giants BlackRock Inc. and Barclays Plc, marking a pivotal moment in adopting blockchain technology for financial processes. The TCN, developed by JPMorgan, has proven its ability […]

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