Sam Bankman-Fried, often referred to as SBF, is facing one of the most significant legal battles in the crypto industry. SBF was a renowned figure in the crypto industry, leading the celebrity-endorsed cryptocurrency exchange FTX. However, the U.S. government has charged SBF with seven primary charges, including wire fraud, conspiracy to commit wire fraud, conspiracy […]
Ripple’s potential Initial Public Offering (IPO) has sparked intense speculation in the XRP community. Wall Street financial veteran Linda Jones has suggested a potential valuation of Ripple’s stock at $35 per share, with a potential to soar up to $600. This could have a significant impact on XRP’s price, as a surge in Ripple’s stock […]
Chainalysis, a blockchain analytics firm, has reduced its headcount by 15% this week, amounting to approximately 135 staff. This is the second round of cuts for the company this year due to the ongoing crypto bear market reducing the demand for commercial products. A spokesperson for Chainalysis confirmed the firm had around 900 employees before […]
Bitcoin’s price has surged above the $28,400 level, triggering $110 million in liquidations across the cryptocurrency futures market. The asset’s value has shot up since yesterday, reaching as high as $28,500. Other top assets in the sector have also seen rallies of their own.The crypto sector has seen many liquidations in the past day, with […]
JPMorgan CEO Jamie Dimon believes that artificial intelligence (AI) could be applied to every single process of the firm’s operations and may even replace humans in certain roles. In an interview with Bloomberg, Dimon said he expects to see “all different types of models” and tools and technology for AI in the future. He added […]
Crypto analyst Dark Defender has presented a bullish prediction for the XRP price, with a target of $5.85, a 1,100% increase from its current price of $0.523. The analysis is based on the fact that XRP closed the month of September with a Doji, meaning that the price of the digital asset had closed the […]
U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has called for a substantial regulatory framework to be implemented in the cryptocurrency market. He believes that approximately 70% of the crypto market should be recognized as commodities and that legislation from Congress is needed to provide clear guidelines on commodity tokens and enhance the CFTC’s […]
Shiba Memu (SHMU) is a new meme cryptocurrency that has raised over $3.48 million in its presale. It has a unique value proposition that sets it apart from other meme cryptocurrencies, as it uses AI to analyse social media and deliver targeted marketing interventions. This allows it to retain fame and maintain price surges. The […]
Coinbase, a US-based cryptocurrency exchange, has been granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Coinbase to provide regulated digital payment token (DPT) products and services to both individuals and institutions in Singapore. Coinbase has expressed its gratitude to the MAS for its instrumental role in […]
UBS Asset Management has achieved a major milestone in the tokenization of real-world assets with the launch of its first live pilot of a tokenized Variable Capital Company (VCC) fund in Singapore. The fund is part of Project Guardian, an industry initiative led by the Monetary Authority of Singapore (MAS) to explore tokenizing various real-world […]
