The UK committee urges protective measures against NFT copyright issues and the pitfalls of sports fan tokens. The UK parliamentary committee recently pressed the national government to take decisive action against copyright infringements concerning nonfungible tokens (NFTs). Additionally, the potential pitfalls of sports fan NFT tokens, a trending crypto product, are also in the spotlight […]
Caroline Ellison Says FTX Bribed The Chinese Government With $100 Million
Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing FTX customers’ money, Ellison said FTX bribed the Chinese government with $100 million to unlock a much larger pool of frozen assets. FTX’s Bribes According […]
Fed foresees slowdown in GDP growth but remains committed to 2% inflation target
In September’s meeting, the Federal Open Market Committee (FOMC) confirmed its commitment to higher rates, indicating that many participants still foresee at least one more increase in the near future. This decision comes amid a complex economic environment characterized by elevated inflation, slowing job gains but continued strength in the labor market, and a solid […]
Despite AI Pushback, MoMA Acquires First Generative AI Artwork
The acquisition of Refik Anadol’s work is part of a broader recent push at MoMA to embrace digital art and the blockchain in the long-term.
The liquid staking space is booming – Here’s a close look
As per Messari’s data, Lido still had the largest market share in Ethereum’s liquid staking sector. Apart from Ethereum, Solana also showed remarkable growth in the space.
Bitcoin Supply Metric Touches New All-Time High, Time For Reversal?
Bitcoin has been named the best performer among asset classes in 2023, but the cryptocurrency is still struggling to break new levels in its price. Despite the current bearish sentiment, many analysts have hinted and predicted a bull run in the coming months, especially as the market awaits the approval of a spot Bitcoin ETF. […]
Was Chainlink’s (LINK) 35% rally just a buy rumor, sell the news event?
LINK outperformed most cryptocurrencies in September, but the recent correction raises questions on the sustainability of the bullish momentum.
Charles Hoskinson Clarifies SEC’s ETHGate Allegations, Stresses Favoritism Over Corruption
In a recent Ask Me Anything (AMA) session, Charles Hoskinson, the founder of Cardano (ADA), addressed the allegations of corruption surrounding the U.S. Securities and Exchange Commission (SEC) and its interactions with the cryptocurrency industry. Hoskinson emphasized the importance of distinguishing between favoritism and corruption, particularly concerning the controversial speech by William Hinman, the former […]
Hata receives in-principle approval to be fifth Malaysian digital exchange
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.
Galxe announces fund recovery plan worth $396k following security breach
Galxe unveils a comprehensive Fund Recovery Plan to reimburse affected users and bolster security following last week’s DNS breach. Following last week’s security breach, leading web3 community-building platform Galxe unveiled a comprehensive ‘Fund Recovery Plan‘ to address the losses incurred…