The U.S. Department of Justice (DOJ) is seeking to prevent Sam Bankman-Fried, the founder of FTX, from introducing evidence about the current value of certain investments, including Anthropic, an AI-focused startup. The prosecutors argue that this evidence is irrelevant and could prejudice the jury. They also highlight the speculative nature of venture capital investments, pointing […]
Leading cryptocurrency exchanges Binance and OKX, along with crypto payment service MoonPay, have taken significant steps to comply with the United Kingdom’s latest Financial Promotions (FinProm) Regime enforced by the Financial Conduct Authority (FCA). These regulatory changes aim to promote transparency and fairness in promoting cryptocurrency products and services in the UK.Binance has introduced a […]
Shiba Inu lead developer, Shytoshi Kusama, has responded to criticism from a community member about the lack of significant price change for the Shiba Inu token (SHIB) despite the team’s hard work. Kusama emphasized the importance of “true work” rather than unnecessary noise, stating that those who make the most noise are not necessarily the […]
Ripple and Stellar are making significant strides in revolutionizing cross-border payments, and their partnership with SWIFT is a major milestone in the financial industry. Despite their different designs, both payment protocols share a common goal of enabling real-time settlement and low-cost international transfers. Ripple aims to transform the financial system and the future of finance, […]
The Australian Freight & Trade Alliance (FTA) is considering a partnership with Ripple, a fintech company known for its blockchain-based payment solutions. FTA Director Paul Zalai expressed openness to collaboration with Ripple, and while no formal announcement has been made, the international trade sector in Australia is taking notice. Ripple had previously approached the FTA […]
David Schwartz, Ripple’s Chief Technical Officer (CTO), has called for XRP Ledger (XRPL) validators to support the Automated Market Maker (AMM) feature, but only if there is consensus within the community. On X (formerly known as Twitter), Schwartz initiated a discussion on the XRPL’s AMM feature, referring to it as an intriguing DeFi innovation. The […]
Altcoins have been the stars of the crypto market today, with Toncoin (TON), Aave (AAVE), and Maker (MKR) leading the way. MKR has seen a 3% increase and is now trading at $1,455, likely due to its “Endgame Plan” which has proven to be successful. AAVE has also seen a 6% increase, now trading at […]
The IOTA Foundation has recently unveiled its Layer-1 staging network Shimmer and its Iotabee DEX, a decentralized trading exchange. The DEX has managed to increase the total value locked (TVL) on the Shimmer blockchain by a staggering 4x or $600,000. The ShimmerEVM also offers a bridge between the IOTA Network and the Ethereum applications.The IOTA […]
Stars Arena, a fast-growing social app, announced a major attack on Saturday, resulting in the theft of over $3 million. The developers have since secured the resources to close the gap and are conducting a major security audit. Meanwhile, Memeinator, a new cryptocurrency, has raised over $643k in its token sale. It seeks to become […]
ACCERX, a leading cryptocurrency trading platform, recently announced a significant upgrade to its security protection system. This upgrade covers various aspects of technology, products, and services, and has been welcomed by a wide range of users. The platform has adopted innovative technologies and safety measures to cope with the ever-growing security threats, such as an […]
