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KuCoin dispels layoff rumors, CEO cites ‘normal’ personnel adjustments
Crypto exchange KuCoin denied “any alleged layoff plan,” according to a July 25 email statement to CryptoSlate. On July 25, Wu Blockchain, citing three unnamed internal employees, reported that KuCoin planned to lay off 30% of its workforce. дальше »
2023-7-25 20:30 | |
Worldcoin faces regulatory scrutiny amid community backlash on privacy concerns
Worldcoin’s (WLD) recent launch has drawn Britain’s regulatory scrutiny amid community concerns over its privacy issues. Reuters reported that a spokesperson for the Information Commissioner’s Office (ICO) acknowledged the project’s launch, adding that the regulatory body would inquire further about its operations. дальше »
2023-7-25 18:14 | |
XRP crowned top-traded altcoin of the year: Kaiko
Blockchain analytical firm Kaiko reported that Ripple’s XRP is the top-traded altcoin for this year, with its trading volume exceeding $150 billion. XRP’s trading volume completely dwarfs that of other altcoins rival significantly, with the closest being Solana’s SOL, recording about $100 billion. дальше »
2023-7-25 15:55 | |
Bahamian payment company Island Pay turns to crypto amid high transfer costs
While Latin Americans face high money transfer costs and other challenges of traditional banking, Island Pay has stepped up to solve these issues. Bloomberg reported that the Bahamas payment company became the latest to offer cryptocurrency for remittance transactions. дальше »
2023-7-25 13:08 | |
Ransomware group known to use Monero and Bitcoin targets Italian asset manager
The Italian asset manager Azimut has been targeted by the international ransomware group BlackCat, Reuters reported on July 24. Reuters said that the company disclosed the cyberattack on the same day and added that the firm has rejected any demand for a ransom payment. дальше »
2023-7-25 06:00 | |
SBF agrees to gag order after New York Times article raises tampering concerns
Disgraced FTX founder Sam Bankman-Fried (SBF) will agree to a potential gag order and refrain from making any public statements related to FTX and the people involved in the lawsuit, Reuters reported. дальше »
2023-7-25 00:00 | |
President Putin approves digital Ruble, as Russia prepares for crypto exchange trial run
Russian President Vladimir Putin signed a law introducing a central bank digital currency (CBDC), the Digital Ruble, and creating an electronic platform for its use, local media Tass reported on July 24, citing official documents. дальше »
2023-7-25 22:31 | |
Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence
Digital assets investment products recorded $6.5 million in outflows this week after four consecutive weeks of inflows totaling $742 million, Coinshares reported on July 24. This week’s outflows break the longest streak of inflows since late 2021, coinciding with the recent market downturn that saw Bitcoin’s (BTC) price dump to its lowest value since June […] The post Bitcoin sees first outflows in a month as Ethereum, XRP enjoy investors’ confidence appeared first on CryptoSlate. дальше »
2023-7-24 19:10 | |
Tokenized Deposits as Alternative to Stablecoins Favored by South Korean Banks in Preparation for CBDCs
South Korean banks are favoring Certificate of Deposit (CD) tokens as potential alternatives to “volatile” stablecoins, as reported by the South Korean news organization Pulse on July 24. дальше »
2023-7-24 17:00 | |
Dogecoin (DOGE) outlook: historical pattern suggests explosive price surges
The original meme coin Dogecoin has maintained bearishness for about nine months. While invezz. com reported that leading themed cryptos struggled as new competitors dominated the market, analysts believe DOGE is ready for another breakout. дальше »
2023-7-24 10:49 | |
Celsius reaches settlement that will enable users to receive assets by year-end
Celsius has reached settlements that will allow it to return user assets by the end of 2023, the Wall Street Journal reported. Celsius’ reorganization plan involves returning only part of the crypto users deposited on the platform. дальше »
2023-7-22 16:38 | |
Bitfinex Hackers Surrender: Couple Agrees to Forfeit 120,000 Bitcoin in Plea Deal
An American couple accused of laundering billions of dollars worth of Bitcoin stolen from the 2016 hacking of virtual currency exchange Bitfinex has entered into a plea agreement, according to court records reported by Reuters. дальше »
2023-7-22 23:03 | |
American IT Firm Targeted By Korean Hackers In Crypto Theft
A major American tech firm was recently hacked by a North Korean cybercriminal ring attempting to target its crypto-based customers. In its company blog, Jumpcloud, an IT management company based in Louisville, Colorado, reported that hackers from North Korea broke into its system in late June. дальше »
2023-7-22 22:00 | |
Op-ed: Benchmarking ChatGPT’s capabilities against alternatives including Anthropic’s Claude 2, Google’s Bard, and Meta’s Llama2
As previously reported, new research reveals inconsistencies in ChatGPT models over time. A Stanford and UC Berkeley study analyzed March and June versions of GPT-3. 5 and GPT-4 on diverse tasks. дальше »
2023-7-22 20:20 | |
ChatGPT gains basic memory feature with new update
OpenAI, the artificial intelligence research lab, has introduced a new update to its popular app, ChatGPT, the ability to set custom prompts across all chats. As OpenAI reported, this new feature brings a semblance of memory to the AI system, essentially allowing it to recall some context in its interactions with users. дальше »
2023-7-21 11:35 | |
$125M CoinDesk deal may be in final stages
A partial sale of the crypto news site CoinDesk valued at $125 million could soon be completed, the Wall Street Journal reported on July 20. The investor group reportedly involved in the sale is said to be headed by Peter Vessenes of Capital6 and Matthew Roszak of Tally Capital, the latter of which is focused […] The post $125M CoinDesk deal may be in final stages appeared first on CryptoSlate. дальше »
2023-7-21 01:40 | |
Inside The Mind Of A Crypto Insider: Caroline Ellison’s Private Google Docs Expose FTX Scandal
The New York Times has reported that Caroline Ellison, the 27-year-old CEO of crypto hedge fund Alameda Research, could be a key witness in the upcoming criminal trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX. дальше »
2023-7-21 00:00 | |
North Korean hackers exploited shared cloud service to rob crypto firms
North Korean state hackers exploited a cloud services provider called JumpCloud to steal funds from crypto companies that use its services, Reuters reported on July 20. Reuter’s confidential sources indicate that the North Korean state-backed hackers had a specific focus on cryptocurrency companies. дальше »
2023-7-21 23:20 | |
In Canada, robbers began to break into the homes of crypto investors en masse
The police department of the municipalities of Richmond and the Delta agglomeration of Vancouver reported that over the past year, large cryptocurrency investors are increasingly becoming victims of robbers. дальше »
2023-7-20 17:02 | |
Op-ed: US banks launch 24/7 Instant Payments – does FedNow reduce risk of CBDCs?
The U. S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U. дальше »
2023-7-20 16:40 | |
Tesla reports no change to $184M Bitcoin holdings amidst record $25B revenue
Tesla reported no change to its digital asset holdings during its Q2 2023 investor report, as seen in its shareholder deck on July 19. That document indicates that Tesla held $184 million worth of digital assets on June 30, the same amount that it held at the end of March 2023 and December 2022. дальше »
2023-7-20 03:35 | |
Apple developing its own AI chatbot as an internal tool
Apple is developing artificial intelligence (AI) tool including a chatbot that is similar to ChatGPT, Bloomberg reported on July 19. Company members have reportedly been working on an internal framework for large language models called “Ajax” since 2022. дальше »
2023-7-20 02:05 | |
Terraform Labs appoints Chris Amani as CEO to replace Do Kwon
Terra and Luna creator Terraform Labs has appointed a new CEO in an effort to make a recovery, the Wall Street Journal reported on July 20. Chris Amani, who has been with Terraform Labs since 2021, initially serving as COO and later CFO, has now been appointed as the company’s CEO. дальше »
2023-7-20 23:45 | |
DeFi bill introduced in Senate would hold major investors responsible for illegal use
Senators Jack Reed (D-RI) and Mark Warner (D-VA) have introduced a new bill that aims to combat illicit financial activity like money laundering and terrorism financing in decentralized finance (DeFi), Bloomberg News reported on July 19. дальше »
2023-7-20 22:43 | |
Shiba Inu (SHIB) Prediction: 24% Price Rally Impending By Month End
The Shiba Inu price has established a promising uptrend in the 1-day chart since June 10, which could catapult the price 24% higher. However, SHIB investors should remain cautious, as NewsBTC reported a few days ago. дальше »
2023-7-19 13:20 | |
Bitcoin sees $140M inflows as crypto investment products hit $2.3B weekly
Digital asset investment products saw a fourth consecutive week of inflows totaling $137 million, as reported by CoinShares. The past month’s combined inflows of $742 million represent the most extensive continuous inflows since late 2021. дальше »
2023-7-19 12:19 | |
Nevada judge approves Prime Trust’s receivership application
As invezz. com reported last month, the Nevada Financial Institutions Division (NFID) filed a petition to place the troubled cryptocurrency custodian firm Prime Trust under state receivership. That followed reports of the company lacking funds after losing access to some customer wallets. дальше »
2023-7-20 23:52 | |
Republican lawmakers are preparing a new crypto bill in wake of Ripple decision
Republican Congressman Glenn Thompson (R-PA) is gearing up to introduce his crypto bill in the House of Commons this week and believes the recent Ripple ruling will help drum up Democrat support for the legislation, Bloomberg News reported on July 18. дальше »
2023-7-19 23:35 | |
Web3 projects see 78% drop in VC investments as crypto funding falls
Web3 projects raised $3. 6 billion from venture capital firms during the first six months of this year, representing a 78% drop from what they raised from these organizations during the same period last year, Crunchbase reported on July 18. дальше »
2023-7-18 18:55 | |
Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000
Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark. дальше »
2023-7-18 17:30 | |
Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors
U. S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings. дальше »
2023-7-18 02:55 | |
Binance cuts employee benefits; hints at more layoffs as profits decline
Crypto exchange Binance has reportedly cut employee benefits effective June 19, citing a declining profit margin, Wall Street Journal reported on July 17. The exchange stated that its workers would no longer get mobile-phone reimbursement, fitness reimbursement, and other staff-related bonuses. дальше »
2023-7-18 00:35 | |
Ethereum stablecoin developer Ethena secures $6 million funding
Ethena, a blockchain startup for Ethereum-backed stablecoins, has reportedly secured $6 million in a seed funding round. Axios reported on Monday that the startup’s funding round was led by Dragonfly Capital, a leading Web3 venture firm. дальше »
2023-7-18 21:18 | |
Binance recently laid off 1,000 employees: report
Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated its 6th birthday on July 14. дальше »
2023-7-15 22:52 | |
Binance has quietly laid off 1,000 or more employees in recent weeks; may slash workforce by up to 30%: WSJ
Binance has sacked more than 1,000 people in recent weeks as it contends with regulatory and legal hurdles in the U. S. and other jurisdictions, the Wall Street Journal reported July 14, citing a person familiar with the matter. дальше »
2023-7-15 22:10 | |
Chancer token price forecast as Ripple secures a big win against SEC
Thursday marked a big day for the crypto market. Judge Analisa Torres of a U. S. District Court today ruled that “XRP” is not a security – handing over a big victory to Ripple Labs in its legal battle with the Securities and Exchange Commission as Invezz reported here. дальше »
2023-7-14 12:42 | |
New AI Memecoin Shiba Memu Raises $798K in Nine Days
Shiba Memu, a new dog-themed memecoin, has reported strong demand for its presale, raising almost $800,000 in just nine days. A total of $798,000 worth of SHMU tokens have been purchased so far ahead of the memecoin’s official exchange launch. дальше »
2023-7-14 11:19 | |
New AI Memecoin Shiba Memu Raises $798K in Nine Days
London, United Kingdom, July 14th, 2023, Chainwire Shiba Memu, a new dog-themed memecoin, has reported strong demand for its presale, raising almost $800,000 in just nine days. A total of $798,000 worth of SHMU tokens have been purchased so far ahead of the memecoin’s official exchange launch. дальше »
2023-7-14 11:08 | |
New AI Memecoin Shiba Memu Raises $798K in Nine Days
London, United Kingdom, July 14th, 2023, Chainwire Shiba Memu, a new dog-themed memecoin, has reported strong demand for its presale, raising almost $800,000 in just nine days. A total of $798,000 worth of SHMU tokens have been purchased so far ahead of the memecoin’s official exchange launch. дальше »
2023-7-14 10:33 | |
First European Bitcoin ETF set to launch this month after 12-month delay
Jacobi Bitcoin (BTC) exchange-traded fund (ETF), the first European BTC ETF, is set to launch later this month on Euronext Amsterdam, Financial Times reported on July 13. Jacobi Asset Management reportedly stated that the fund was “on track” for listing this month as there was now demand for it following its initial 12-month-long hiatus because […] The post First European Bitcoin ETF set to launch this month after 12-month delay appeared first on CryptoSlate. дальше »
2023-7-14 20:10 | |
New AI Memecoin Shiba Memu Raises $798K in Nine Days
Shiba Memu, a new dog-themed memecoin, has reported strong demand for its presale, raising almost $800,000 in just nine days дальше »
2023-7-14 15:06 | |
IRS investigating American crypto exodus to Puerto Rico
The U. S. Internal Revenue Service (IRS) is pursuing tax dodgers who abused Puerto Rico’s tax structures, Bloomberg reported on July 12. Puerto Rico has offered significant tax incentives to cryptocurrency traders, hedge fund managers, and other American investors since 2012. дальше »
2023-7-13 01:00 | |
Former FTX exec Ryan Salame under investigation for suspected campaign finance violations: WSJ
U. S. prosecutors have launched an investigation into Ryan Salame, formerly an executive with the cryptocurrency exchange FTX, to ascertain if he potentially violated campaign-financing laws in favor of his girlfriend, Michelle Bond, the Wall Street Journal reported July 11, citing people familiar with the matter. дальше »
2023-7-12 22:30 | |