Ault Alliance Announces Extension of Pending Exchange Offer

LAS VEGAS–(BUSINESS WIRE)–$AP #AULT–Ault Alliance, Inc. (“Ault Alliance” or the “Company”) (NYSE American: AULT), announced today that it is extending the expiration date of its previously announced offer (the “Offer”) to holders of Ault Alliance’s outstanding of Class A Common Stock (the “Common Stock”), to exchange up to 333,333,333 shares of Common Stock for up […]

Gemini Warns Barry Silbert’s Digital Currency Group of $630M Default Risk

DCG “risks defaulting on its obligations” if it’s unable to pay the $630 million debt made to bankrupt Genesis, said Gemini.

Bitcoin Price Forms Bearish Outlook at $28k Amid Memecoins’ Outburst 

The post Bitcoin Price Forms Bearish Outlook at $28k Amid Memecoins’ Outburst  appeared first on Coinpedia Fintech News Bitcoin (BTC) price opened the first week of May on a bearish outlook. Having closed April in a Doji candlestick, Bitcoin bulls are facing a challenging time ahead as cash flows to performing altcoins, particularly the meme […]

Sequoia-Backed Finblox Token (FBX) Presale Sold out Ahead of Public Round in May via FinLaunch, Other Launchpads

[PRESS RELEASE – Please Read Disclaimer] Finblox is a crypto superapp backed by Sequoia and Dragonfly that enables users to trade, stake, and earn up to 100x on their crypto assets. The presale round of the Finblox ($FBX) initial coin offering successfully sold out. It will now offer a public round via FinLaunch and other […]

AI chatbot usage causes concern among 70% of Japanese adults

A survey conducted by a local Japanese news outlet revealed that 69.4% of adults want stricter regulations for AI development and implementation.

General Protocols Launches New BCH Bull Trading Platform, Built on BCH’s AnyHedge Protocol

[PRESS RELEASE – Singapore, Singapore, May 1st, 2023] General Protocols announces the full production release of BCH Bull, a groundbreaking decentralized trading platform built on Bitcoin Cash. By employing smart contracts on the Bitcoin Cash mainchain, BCH Bull enables users to create long or hedge positions against a variety of assets, including Gold, Silver, BTC, […]

JPMorgan to takeover First Republic bank

Investment banking giant JPMorgan Chase will assume over $330 billion worth of deposits and assets of struggling First Republic Bank. According to a May 1 statement, the Federal Deposit Insurance Corporation (FDIC) said it was appointed as the receiver of the First Republic Bank after it was closed by California’s Department of Financial Protection and […]

Liechtenstein adapts blockchain laws to developing crypto landscape

Future regulation is intended to ensure uniform regulation for all European countries and covered participants.

Justin Sun’s Whopping TUSD Transfer to Binance Raises Red Flags – Here’s What’s Happening

The post Justin Sun’s Whopping TUSD Transfer to Binance Raises Red Flags – Here’s What’s Happening appeared first on Coinpedia Fintech News In a recent development in the world of cryptocurrency, a significant transaction of 56,100,000 TUSD (equivalent to $56,444,454) was transferred from Justin Sun, the founder of TRON and owner of Huobi Global, to […]

Bitcoin whales show no signs of slowing down accumulation, even over the weekend

Quick Take Whales have been active over the weekend, continuing their aggressive Bitcoin accumulation. Approximately $250 million worth of Bitcoin has been pulled from exchanges on Friday and Saturday. Aggressive buying comes in the wake of the news of regulators making a last-ditch attempt to rescue First Republic Bank. First Republic Bank is now the […]