Shiba Inu could be gearing up for a rally after a metric has flashed bullish. This metric has to do with the recently launched Shibarium network whose usage is continuing to rise rapidly. This time around, the Ethereum Layer 2 blockchain has seen a significant surge in the number of new verified contracts. Verified Contracts […]
R3 blockchain lays off a fifth of its employees
R3 slashed the jobs to “maintain a strong operating and financial position” at a time when blockchain funding has dried up as its landmark projects stall. […] Read More… The post R3 blockchain lays off a fifth of its employees appeared first on CoinGeek.
Game of Thrones Creator George R.R. Martin Joins Lawsuit Against OpenAI
Prominent authors are joining the Authors Guild in a lawsuit against OpenAI, alleging copyright infringement in training ChatGPT.
Gensler says U.S. government shutdown would reduce SEC to skeleton crew
Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U.S. government could shut down on Oct. 1 as members may not pass the bills needed to fund operations before the next fiscal year. Gensler commented […]
PayPal’s PYUSD Stablecoin Launches On Venmo
After announcing its new payment stablecoin last month, PayPal revealed on Wednesday that Paypal USD (PYUSD) is now available to Venmo users for transacting with peers. Initially available to “select users,” access will expand to all Venmo users in the coming weeks, according to the company’s announcement. Venmo, a mobile payments app owned by PayPal, […]
Bitcoin surges above $27k: Is a bull run imminent?
Bitcoin regained the $27k price zone with buyers bidding strongly for further gains.
Vivek Ramaswamy is Drafting a ‘Crypto Policy Framework’
The Republican candidate is second only to Donald Trump in some polls. Sep 20, 2023 at 2:58 p.m. PDT Republican presidential candidate Vivek Ramaswamy and Messari’s Ryan Selkis (Danny Nelson/CoinDesk) NEW YORK – GOP presidential hopeful Vivek Ramaswamy took the stage at Messari’s Mainnet crypto conference on Wednesday evening and announced plans to release a […]
After Failed Bid to Reclaim Namesake Company, Ben ‘Bitboy’ Armstrong Asks Fans for Cash
Ben “Bitboy” Armstrong, former host of the Bitboy Crypto YouTube channel, has been denied an emergency injunction request filed to the Cobb County Superior Court in Georgia as a part of his ongoing lawsuit against Hit Network CEO TJ Shedd and Shedd’s father, new documents filed this week revealed. The Cobb County Clerk’s office told […]
Huobi Global Faces Risks As Investments In stUSDT Surge To $1.8 Billion
Huobi Global, a prominent cryptocurrency exchange, is at risk as investments in the staked USDT (stUSDT) project soar to $1.8 billion. The project, spearheaded by crypto entrepreneur Justin Sun, promises 5% returns tied to low-risk securities like government bonds. However, according to a Bloomberg report, Huobi’s heavy involvement in the project raises concerns about the […]
Tether acquires 20% stake in German Bitcoin miner Northern Data in unusual equity deal: Report
Stablecoin firm Tether is entering a $420 million deal involving artificial intelligence chips and an overseas Bitcoin crypto mining firm, Forbes reported on Sept. 20. Tether has not officially announced the investment. Rather, Forbes appears to have based its report on statements from Northern Data and its executives. That report indicates that Tether has spent […]