In a remarkable shift of events, XRP, a cryptocurrency backed by Ripple Labs, recently took the cryptocurrency world by storm. Its price showcased signs of a recovery, regaining upward momentum and topping the $0.63 mark as of press time. Amid this recovery witnessed within the broader crypto market, enormous whale activity hovering over the crypto […]

In a court filing, the bankrupt cryptocurrency exchange FTX indicated that claims by the U.S. government could total between $3 billion and $5 billion. This update came from documents submitted to the United States District Court for the Southern District of New York. The filing highlights ongoing negotiations with authorities, suggesting the final figure remains […]

Polkadot has announced the launch of its new community token, PINK, a memecoin aimed at fostering participation and growth within its ecosystem. This initiative marks a significant step for Polkadot as it seeks to engage its community further and enhance the network’s collaborative spirit. The launching of PINK is marked by a planned airdrop to […]

The United States Department of Justice (DOJ) has charged a Texas man for orchestrating the Meta-1 Coin scam that led to users losing over $10 million.  A recent press release by the Department disclosed that Robert Dunlap was indicted in Chicago on counts of mail fraud as the case unraveled. Dunlap was arrested in Virginia […]

Internet Computer (ICP) CEO and Chief Scientist Dominic Williams took to X to showcase a demonstration of the parent company, DFinity’s latest Artificial Intelligence (AI) innovation. DFinity’s AI In Building Phase According to Williams’ post, ICP has introduced the first blockchain-based AI smart contract. He described the new product as “a demonstration of AI running […]

BlackRock Inc’s newly launched institutional cryptocurrency fund allegedly received 0.97 Ethereum (ETH) via Tornado Cash, a popular crypto mixer known for facilitating money laundering.  Unsolicited ETH Transaction Into BUIDL On Tuesday, it was reported that investment asset management firm BlackRock sent a filing to the United States Securities and Exchange Commission (SEC) informing the agency […]

The Estonian government has approved a bill aimed at overseeing cryptocurrency service providers. This legislation aligns with the nation’s financial oversight with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The bill, however, awaits a parliamentary vote to become law. New Supervisory Framework The proposed bill will put in place a strong regulatory framework transferring […]

David Schwartz, the Chief Technology Officer at Ripple, has unveiled a fresh AI-powered trading bot. This advanced concept adheres to an algorithm from XRP Ledger AMM and is designed to have the same functionality. The primary design feature of this bot is its capability to act effectively and reliably on centralized exchange markets. Schwartz performed […]

After a successful Reddit IPO, the company is now embarking upon AI and advertisement opportunities. According to Yahoo Finance, Reddit CEO Steve Huffman revealed that the company will now be focusing on AI projects and more for future growth plans. Reddit to Keep AI Growth on Cards Huffman claims that Reddit is actively seeking new […]

Tech giants like Apple and Google are on the verge of facing regulatory issues in the European Union. According to a report by Bloomberg,  Apple and Google are about to be subject to extensive European Union probes on their adherence to a new law opening the door to perhaps large fines. EU New Laws to […]