Howard Lutnick, the Chairman and CEO of American Financial Services firm, Cantor Fitzgerald has attested to the validity of Tether reserves. Lending Legitimacy to Tether Reserve Over the years, there has been a lot of controversy surrounding Tether’s reserve as critics claim the top stablecoin issuer does not have enough capital to back its USDT […]

Kenyan authorities have revealed talks with the Nigerian government for the extradition of escapee Binance executive, Nadeem Anjarwalla. A new TechCabal report says the Nigerian government has officially asked its Kenyan counterpart to extradite Anjarwalla after he escaped detention in the country.  According to the report, an unnamed detective at the Directorate of Criminal Investigations […]

The U.S. Securities and Exchange Commission’s (SEC) case against Terraform Labs and its co-founder, Do Kwon, has been postponed, Reuters reported on Tuesday. The news comes days after a federal judge refused multiple motions to reconsider earlier orders. The delay of the civil trial will allow the authorities to extradite Kwon from Montenegro. The trial […]

Google is partnering with the US military to provide them with AI tools. The partnership will be focusing on the betterment of disaster management using artificial intelligence tools. The partnership also comes at a time when tech giants have been trying to help many defense-related organizations. Google Partners With US National Guards According to the […]

Ethereum core developers have rolled out the much-anticipated Dencun upgrade on the Goerli test network, marking a pivotal step towards its imminent integration into the mainnet. Meanwhile, the upgrade’s deployment, not without its challenges, brought forth the introduction of EIP-4844, a revolutionary transaction mechanism referred to as “proto-danksharding.” Notably, this mechanism promises to redefine the […]

The crypto industry provides investors and traders with several attractive investment opportunities. Leverage crypto trading is one of the popular methods for traders to amplify their market positions. In other words, in leverage trading, the traders borrow funds from the exchange to increase their market exposure. This article includes the list of best leverage trading […]

This week marks a notable change in the cryptocurrency investment sphere. CoinShares data reveals a substantial outflow from crypto investment products, totaling around $424 million since Monday. This development highlights a significant shift in investor preferences and strategies in the crypto market. Spot Bitcoin ETFs Gain Momentum Amidst these outflows, the spotlight turns to the […]

The Qtum Foundation recently announced the deployment of 10,000 GPUs to power its new blockchain AI ecosystem. This strategic move marks a significant transition for Qtum, shifting its focus from cryptocurrency mining to artificial intelligence operations. Miguel Palencia, COO and cofounder of Qtum, emphasized the importance of this transition, highlighting the credibility it brings to […]

In response to Jamie Dimon’s Bitcoin “pet rock” analogy earlier, MicroStrategy’s former CEO Michael Saylor has made a sarcastic statement. The Epic Clapback The CEO of JPMorgan Chase reiterated his anti-Bitcoin stance in an interview with CNBC at the World Economic Forum in Davos, Switzerland on January 16. Dimon advised the public to avoid investments […]

More than 70 people have been arrested so far in connection with the JPEX Exchange cryptocurrency scandal that led to the eventual loss of HK$1.6 billion. Hong Kong Tackling Biggest Financial Fraud Case Local news outlet South China Morning Post reported the arrest of these suspects earlier on Thursday. According to an update offered by […]