In the highly competitive world of cryptocurrency, TMS Network (TMSN) has been turning heads with its impressive fundraising, and innovative technological advancements. TMS Network (TMSN) has recently raised over $4.2 million, topping Binance (BNB) and Chainlink (LINK). Meanwhile, Binance’s (BNB) latest burn has failed to turn heads, and Chainlink (LINK) has plummeted unexpectedly. In this article, we […]
Gemini Launches Offshore Derivatives Platform
Gemini is launching an offshore derivatives platform, Gemini Foundation, which will offer services to customers in over 30 countries. The platform’s first derivatives contract will be a Bitcoin perpetual contract denominated in Gemini Dollar. The move comes as the regulatory environment for crypto firms in the United States becomes more uncertain. (Read More)
Trust Wallet Discloses Security Flaw Resulting in $170k Loss
Crypto wallet Trust Wallet has reported a security vulnerability, resulting in almost $170k in losses for some users. The vulnerability has been fixed after Trust Wallet found out about it through its bug bounty program. (Read More)
Bankman-Fried’s Bail Conditions Extended
Sam Bankman-Fried’s legal team requested a third extension on the enforcement of his revised bail conditions, citing difficulties in installing monitoring software on his parents’ cell phones. The software is meant to capture a photo of the user “every five minutes.” (Read More)
China and Singapore establish task force for green finance cooperation
China and Singapore have formed a task force to collaborate on green and transition finance initiatives. The China-Singapore Green Finance Taskforce (GFTF) will focus on developing financial standards, products, and technologies to support a low-carbon future in the region. The task force will also facilitate greater public-private sector collaboration and strengthen sustainability bond market connectivity. […]
Biden’s Communications Director Restricted From Handling Crypto Firms
President Joe Biden’s communications director, Ben LaBolt, will be barred from handling matters related to any cryptocurrency or technology firms he previously represented, but he will be allowed to advise on crypto regulation. LaBolt has disclosed owning $50,001-$100,000 in Bitcoin and $15,001-$50,000 in Ethereum 2. The restrictions are in line with ethics rules followed by […]
Google Merges Teams to Form Google Deepmind for AI Breakthroughs
Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models. (Read More)
Changshu Civil Servants to Receive Digital Yuan as Payment
Changshu, a city in China, announced that civil servants, including public service personnel and state-owned unit personnel, will receive their full salaries in digital RMB starting May 2023. The move is part of China’s pilot program to establish an efficient and convenient digital RMB operation and management system by 2025. (Read More)
WEF’s promo video shows Bitcoin mining, but it leaves out the B-word
The video showed multiple scenes depicting rows of what appears to be Bitcoin mining rigs, but the cryptocurrency never got a mention.
Bitcoin Halving Sparks Frenzy: Experts Predict BTC Price To Hit $50K and Beyond
The post Bitcoin Halving Sparks Frenzy: Experts Predict BTC Price To Hit $50K and Beyond appeared first on Coinpedia Fintech News The crypto community is abuzz with anticipation as Bitcoin’s next halving event, scheduled for around April 2024, is expected to trigger a substantial rally, potentially pushing the digital asset beyond the $50,000 mark. After […]