Telegram’s partner, the Open Network (TON) Foundation, in partnership with Alibaba Cloud, has announced plans to set up 256 servers for a performance testing event scheduled for October 31, 2023. Per the announcement, the objective of this event is to officially establish the TON blockchain as the world’s fastest blockchain to earn accreditation from the Guinness […]
Caroline Ellison alleges auto-deletion of messages, bribery of foreign officials, and more in second day of testimony
Ex-Alameda Research CEO Caroline Ellison took the stand in a second day of testimony in Sam Bankman-Fried criminal trial on Oct. 11. Ellison testified that she communicated with Bankman-Fried and other company members through Signal, a messaging app with an auto-delete feature that Bankman-Fried instructed employees to use. She further testified that Bankman-Fried instructed her and […]
FCA Halts Binance Promotions in the UK
The UK’s FCA blocks rebuildingsociety.com from approving financial promotions for Binance amid tighter crypto regulations. The new UK FCA crypto marketing regs Workaround from Binance is interesting to say the least pic.twitter.com/t40CUugrbd — jaimin.jaimin (@Jaimin_Building) October 10, 2023 The Financial Conduct Authority (FCA), the UK’s financial watchdog, recently took action against rebuildingsociety.com, a peer-to-peer platform. […]
Standard Chartered: ETH to Reach $8,000 By 2026
Standard Chartered predicts Ethereum (ETH) could surge to $8,000 by 2026, influenced by smart contracts and gaming. Standard Chartered Bank said it thinks Ethereum $ETH has the potential to hit $8,000 by the end of 2026 from its current price of ~$1,600 – The Block — Evan (@StockMKTNewz) October 11, 2023 Ethereum, known as the […]
JPMorgan Unveils Blockchain Collateral Platform with BlackRock
JPMorgan launched the Tokenized Collateral Network, revolutionizing asset collateralization with blockchain technology and partnering with BlackRock for initial trades. BlackRock just tokenized one if its shares on JPMorgan’s ‘Onyx’ blockchain. Barclays then accepted it as collateral; Tokenization of everything is closer than you think.(1/7) pic.twitter.com/0Me9xkFkNl — S4mmy.eth (@S4mmyEth) October 11, 2023 On October 11, JPMorgan […]
UK Targets NFT Copyrights & Sports Fan Token Risks
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.