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  Posted by u/ one year ago

NEAR Foundation?s Marieke Flament Steps Down as CEO

General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.

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  Posted by u/ one year ago

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

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  Posted by u/ one year ago

Top 3 Crypto Myths Tackled for Advisors

Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter.

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  Posted by u/ one year ago

Is Crypto-AI Really a Match Made in Heaven?

There?s lots of talk these days about how blockchains can make AI safe for human consumption. But is the idea, widely touted in the crypto community, workable in practice? Jeff Wilser takes a critical look.

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  Posted by u/ one year ago

Polygon Emerges as Suitor for Celo?s New Layer-2 Blockchain, Competing With OP Stack

Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism?s ?optimistic? technology.

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  Posted by u/ one year ago

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can?t see how the current Senate will have any better luck, despite recent progress in the House of Representatives.

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  Posted by u/ one year ago

?You Can Do Nothing?: Crypto Trading Titans Are Yelling at Each Other on Elon Musk?s X

?I never thought that you could be THAT scared of us,? DWF?s Andrei Grachev posted on X. Wintermute?s Evgeny Gaevoy: ?We are trembling in your presence.?

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  Posted by u/ one year ago

NFTs Aren?t Dead Just Yet (But the MSM Might Be)

The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful.

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  Posted by u/ one year ago

Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying

Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next month.

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  Posted by u/ one year ago

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ?Nightmare? for Crypto Firms

BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined.

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  Posted by u/ one year ago

Nouns DAO?s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists

It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury.

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  Posted by u/ one year ago

Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial

An appeals court rejected his attorneys? attempt to free him in the run-up to the trial.

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  Posted by u/ one year ago

Vote if You Want, but Remember 'Cypherpunks Write Code'

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  Posted by u/ one year ago

Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit

Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related violations.

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  Posted by u/ one year ago

Binance And CEO Changpeng Zhao Officially File To Dismiss SEC Lawsuit

Binance and CEO Changpeng Zhao have formally requested the dismissal of a lawsuit brought against them by the United States Securities and Exchange Commission (SEC).

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  Posted by u/ one year ago

Bankman-Fried?s Release Was Denied: Legal Showdown Looms In High-Profile Trial

In a recent development, the U.S. Second Circuit Court of Appeals has upheld its decision to deny the request for Sam Bankman-Fried's release, the former CEO of FTX.

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  Posted by u/ one year ago

Justin Sun?s Huobi Bold Transformation: HTX Emerges As A Game-Changer In Crypto

Justin Sun's Huobi Global, a prominent cryptocurrency exchange, surprised the crypto community with its recent rebranding to "HTX." The move draws comparisons to FTX, which faced challenges from token reliance.

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  Posted by u/ one year ago

Binance?s Trading Volume Faces Challenge Due To Zero-Fee Promotion Halt

In recent weeks, Binance, the world's largest cryptocurrency exchange, has witnessed a significant drop in its trading volume, which experts suggest may be linked to the conclusion of another zero-fee promotional campaign.

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  Posted by u/ one year ago

Sui Foundation Awards $300,000 In Grants to Shape Web3 Education

The Sui Foundation awards over $300,000 in grants to nine innovative teams focused on educating the next generation of Web3 developers. Projects include mobile courses, tools, and gamified platforms.

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  Posted by u/ one year ago

Hong Kong?s JPEX Sees Significant Increase In Victims In HK$1.37 Billion Fraud

Hong Kong's JPEX crypto platform sees rising fraud cases, with over 2,197 victims and HK$1.37 billion in losses. The exchange's subsidiary cancellation now raises concerns about its operations.

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  Posted by u/ one year ago

Coinbase Chief Legal Officer Paul Grewal Confirms Layer 2 Base Will Not Launch Tokens

Coinbase Chief Legal Officer Paul Grewal hinted at the potential for the Base network to issue tokens in the future but emphasized that the focus now is on regulatory clarity.

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  Posted by u/ one year ago

South Korea?s FIU Enhances Crypto Exchange Oversight From October 2024

South Korea's FIU enhances crypto exchange reporting to examine major shareholders' qualifications, and maintain industry integrity. Crypto exchanges must now file renewal reports every three years, starting in October 2024.

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  Posted by u/ one year ago

Arbitrum Defies DeFi Turbulence: Whales Remain Optimistic Amidst Market Swings

In the difficult context of the crypto market in 2023, Arbitrum defies DeFi turbulence. On-chain data reveals that despite challenging conditions, whales continue to exhibit strong support for this token.

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  Posted by u/ one year ago

Bitmain Invests In Core Scientific With $53.9 Million To Boost Bitcoin Mining

Bitmain invests in Core Scientific to expand their partnership in Bitcoin mining. It supplies 27,000 high-efficiency S19J XP 151 TH Bitcoin mining machines to Core Scientific in exchange for cash and stock.

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  Posted by u/ one year ago

Global Funds Double Sales of Japan Stocks to Most Since 2019

Global Funds Double Sales of Japan Stocks to Most Since 2019

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  Posted by u/ one year ago

Cooling AI Boom Drives $14 Billion Outflow From Taiwan Stocks

Cooling AI Boom Drives $14 Billion Outflow From Taiwan Stocks

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  Posted by u/ one year ago

Wall Street Trading Roiled by ?Post-Fed Hangover?: Markets Wrap

Wall Street Trading Roiled by ?Post-Fed Hangover?: Markets Wrap

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  Posted by u/ one year ago

Biden to allow nearly 500,000 Venezuelan migrants to work legally

By allowing 472,000 Venezuelan migrants to work legally, President Biden took a major step aiding asylum-seekers as border numbers are on the rise.

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  Posted by u/ one year ago

Why Republicans say giving more Ukraine aid would be 'absurd'

Zelenskyy?s stop in Washington noticeably lacked the fanfare he saw upon his first visit when he addressed a joint meeting of Congress last December.

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  Posted by u/ one year ago

Senate confirms two critical military officers despite Tuberville protest

The Senate has now confirmed three critical military nominees, despite Sen. Tommy Tuberville's ongoing protest over Pentagon abortion policy.

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  Posted by u/ one year ago

Satirical post claims Romney tweaked Trump with jail quip | Fact check

The person who posted it to Instagram called it satire, and the original image is labeled as parody, but some social media users missed the joke.

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  Posted by u/ one year ago

Biden commits support to Zelenskyy's Ukraine

Ukrainian President Volodymyr Zelenskyy is trying to rally support for his country in the U.S. while facing growing resentment from neighboring Poland.

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  Posted by u/ one year ago

China Stocks Slide to 10-Month Low as Growth Pessimism Persists

China Stocks Slide to 10-Month Low as Growth Pessimism Persists

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  Posted by u/ one year ago

Wall Street Hit by Fed Jitters as Stocks Slide: Markets Wrap

Wall Street Hit by Fed Jitters as Stocks Slide: Markets Wrap

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  Posted by u/ one year ago

Can Zelenskyy convince Republicans to keep funding the Ukraine war?

Ukrainian President Volodymyr Zelenskyy is in Washington, where he hopes to convince Congress to fund his war effort as a government shutdown looms.

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  Posted by u/ one year ago

Are freed Iranians in prisoner swap more of a threat than Biden says?

In a deal to free five Americans being held in Iran, Joe Biden released five Iranians, some of whom experts say could be threats to national security.

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  Posted by u/ one year ago

Debate prep: Here's how Trump's GOP rivals are trying to win next week

Despite four criminal indictments, Trump is 40 points ahead in some polls, raising the stakes for his GOP rivals at the Sept. 27 debate in California.

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  Posted by u/ one year ago

Trump supports government shutdown, adds pressure to House GOP fight

With nine days to avoid a government shutdown, lawmakers remain engulfed in spending fights. Here are the new challenges they face.

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  Posted by u/ one year ago

Biden stays 'pro-union' amid strikes

President Joe Biden vouched for labor rights in a meeting with Brazil's leader, stating "record corporation profits" should mean records for workers.

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  Posted by u/ one year ago

Philippines SEC Collaborates With International Organizations to Strengthen Crypto Enforcement Efforts

The Philippines Securities and Exchange Commission (SEC) seeks to establish a joint regulatory framework around digital assets and to crack down on bad actors who engage in illicit crypto transactions.

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  Posted by u/ one year ago

Chainalysis Report: India Ranks Second in Global Transaction Volume Despite Tax Law Challenges

India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.

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  Posted by u/ one year ago

Brazil Debates Bill To Protect Debtors' Digital Assets

Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property.

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  Posted by u/ one year ago

Water & Music?s Cherie Hu says Web3 and AI will revolutionize creativity: The Agenda

Water & Music founder Cherie Hu explains how technology is evolving the music industry ? but is it to the benefit of musicians?

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  Posted by u/ one year ago

70% of South Korean Reported Foreign Assets Are Crypto- Here's More

South Korea's crypto adoption grows as authorities disclosed that 70% of the nation's reported overseas assets are cryptocurrencies.

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  Posted by u/ one year ago

CoinEx to Resume Withdrawals of Certain Cryptos Following Security Breach

Deposit and withdrawal services for cryptocurrencies including Bitcoin, Ether, Tether, USD Coin will start Sept. 21.

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  Posted by u/ one year ago

Troubled crypto exchange JPEX applies for deregistration in Australia

The unlicensed exchange allegedly solicited than $128 million from users before being reprimanded by the Hong Kong Securities and Futures Commission.

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  Posted by u/ one year ago

Prime Trust Crypto Custodian Signals Potential Layoffs for 62 Employees \x93 Is the Bear Market to Blame?

Now-bankrupt crypto custodian Prime Trust has notified employees of potential layoffs affecting 62 individuals within the next two months.

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  Posted by u/ one year ago

Discord Crypto Trading Bot to Shut Down Due to 'Critical Exploits'

None Trading, a trading tool catering to cryptocurrencies and non-fungible tokens on Discord will close its doors to customers.

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  Posted by u/ one year ago

a16z Crypto Leads $3.6 Million Seed Round for Decentralized Information Exchange Protocol Freatic - What Does It Do?

Freatic, a decentralized information exchange protocol built by a team of developers, has secured $3.6 million from a trove of investors.

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  Posted by u/ one year ago

Microsoft Plans Expand Support for Crypto Wallets Across Next Generation of Hardware Products, Documents Suggest

If Microsoft follows through on plans to expand crypto wallet features across its next generation of devices, this would be a big potential boost to future crypto adoption.

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