Binance, one of the world’s leading cryptocurrency exchanges, recently nabbed significant attention globally as the firm announced plans to discontinue all Nigerian Naira (NGN) services following the heightened scrutiny faced by the CEX in Nigeria. Amid the recent crackdown on cryptocurrency exchanges in the West African nation mentioned above, Binance appears to have faced intensified […]
LUNC Price: Terra Classic Rockets 68% In A Week, A Call To Buy Or Sell?
The attention Bitcoin has been getting since the beginning of Q4 last year is now trickling down to altcoins, starting with the biggest, Ethereum, which hit another milestone above $3,800 on Tuesday. Also gaining strength is LUNC price with its impressive 14% increase in 24 hours on top of a staggering 56% surge in the last week. Terra […]
Terra LUNA Surges 42% Amid TFL Bankruptcy Proceedings
Amidst the tumultuous legal landscape, Terra (LUNA) experiences a remarkable surge of 42% with a current price of $1.181, capturing the attention of the cryptocurrency community. However, this surge coincides with a heated legal battle between Terraform Labs, the company behind Terra, and the U.S. Securities and Exchange Commission (SEC). Terraform Labs finds itself in […]
BlackRock Bitcoin ETF (IBIT) Surges 9% Pre-market After Record Inflows
In today’s pre-market trading session, both BlackRock’s IBIT and Grayscale’s GBTC, two prominent Spot Bitcoin ETFs, saw a remarkable surge. This uptick follows a strong influx of funds on Tuesday. Notably, their main competitors, such as VanEck’s HODL and Valkyrie’s BRRR, also experienced significant gains. BlackRock’s IBIT Rallies In Pre-market Session According to data from […]
Digital Currency Group Seeks Dismissal of NY AG’s Lawsuit
Digital Currency Group (DCG) has formally requested the dismissal of a lawsuit brought against it by the New York Attorney General (NY AG), Letitia James. Filed with the New York Supreme Court, DCG’s motion seeks to counter allegations of defrauding investors and mismanaging financial disclosures related to its lending subsidiary, Genesis, and its collaboration with […]
Microsoft Employee Raises Concern over AI System’s “Offensive Image” Creation
AI’s legitimacy and safety have again come under fire as Microsoft’s artificial intelligence system comes under question. According to a CNN report, an employee of Microsoft made allegations about the company’s AI system creating “offensive images”. The allegations come at a time when Microsoft’s peer Google has also faced scrutiny over inappropriate image generation via […]
Shiba Inu: BitMEX’s Arthur Hayes Lauds SHIB Name Launch
Shiba Inu, the self-proclaimed “Dogecoin Killer”, continues to gain attention from crypto enthusiasts as BitMEX co-founder Arthur Hayes joins the chorus of praise for the launch of SHIB Names. Despite a recent cooling in SHIB’s rally, excitement lingers, fueled by the introduction of this long-awaited development within the Shiba Inu ecosystem. Besides, the meme coin […]
Solana Price Rallies 8% As Pantera Plans To Buy $250M SOL From FTX
Solana, one of the prominent cryptocurrencies, witnessed a significant surge of over 8% in its price on March 7, garnering attention from investors. Meanwhile, this rally follows reports indicating Pantera Capital’s ambitious plan to acquire a substantial amount of Solana tokens, worth $250 million, from the estate of bankrupt digital asset exchange FTX. Notably, this […]
Former Chinese Employee at Google Charged with Stealing AI Trade Secrets
A former Chinese employee at Google has been accused of stealing AI trade secrets from the firm. According to a Bloomberg report, The US Justice Department filed charges against an ex-Chinese software engineer at the company. The allegations and scrutiny come against the backdrop of AI already facing a downturn. At present, allegations about the […]
Microsoft Boosts Hong Kong’s Digital Currency (wCBDC) Project: Report
Hong Kong’s digital currency initiative receives a significant boost as global tech giant Microsoft and Ant Digital join forces with the Hong Kong Monetary Authority (HKMA) in a groundbreaking wCBDC (wholesale Central Bank Digital Currency) project. Notably, this collaboration marks a pivotal step towards enhancing Hong Kong’s position as a leading hub for digital finance […]