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1 year, 1 month ago
Saudi-Chinese Collaboration Creates Arabic-Focused AI System
The King Abdullah University of Science and Technology (KAUST) in Saudi Arabia has partnered with two Chinese universities to develop an Arabic-focused artificial intelligence (AI) system. The system, called…
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1 year, 1 month agoAlameda Research Minted $39.55B of USDT Tokens, Exceeding Assets Under Management
Blockchain data indicates that Alameda Research, a cryptocurrency trading firm, redeemed over $38 billion worth of Tether (USDT) tokens in 2021, despite not having the equivalent assets under management. This…
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1 year, 1 month agoZimbabwe Launches Gold-Backed Digital Token as Payment Method
On October 5th, the Reserve Bank of Zimbabwe (RBZ) launched a new digital token called Zimbabwe Gold (ZiG) as a payment method. This initiative was first introduced by the central bank in April 2023, with the aim…
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1 year, 1 month agoVersana's Digital Platform Revolutionizes Syndicated Loan Market with $900 Billion in Loan Commitments
Versana, a digital platform established by major banks including Bank of America and J.P. Morgan, has achieved significant success in the syndicated loan sector. Within a year of its launch, Versana has surpassed…
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1 year, 1 month agoDormant Bitcoin Address Moves $82.3 Million Worth of BTC After 6 Years of Inactivity
A dormant Bitcoin wallet, known as “17TZNT,” has suddenly become active after six years of inactivity. The wallet moved 2995 BTC, equivalent to $82.3 million, to two new addresses on October 10. This comes aft…
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1 year, 1 month agoCardano Founder Charles Hoskinson Accuses Media of Giving Former FTX CEO a 'Free Pass'
Cardano founder Charles Hoskinson has criticized the media for giving former FTX CEO Sam Bankman-Fried a “free pass” and compared him to notorious fraudster Bernie Madoff. Hoskinson accused the media of ign…
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1 year, 1 month agoControversial NFT Purchase Raises Questions of Wash Trading and Anonymity
One of the CrypToadz non-fungible tokens (NFTs) recently sold for a staggering $1.6 million, despite the average price of these tokens being under $1000. The sale took place on the OpenSea market and involved a…
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1 year, 1 month agoAlameda Research Allegedly Contributed to Tether's USDT Dominance with $39.55B Minted
In a recent Twitter thread, Conor Grogan, Coinbase’s director of product strategy and business operations, has shed light on how Alameda Research, a trading firm associated with FTX, played a significant role in t…
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1 year, 1 month agoCharles Hoskinson Criticizes Media's Supportive Portrayal of FTX Founder SBF Amid Trial
Charles Hoskinson, the creator of Cardano, has criticized the media’s favorable portrayal of Sam Bankman-Fried (SBF), the founder of FTX, who is currently facing a criminal trial. Hoskinson referred to SBF as “…
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1 year, 1 month agoCardano's Project Catalyst Fund10 Faces Challenges in Decentralized Funding
Cardano’s Project Catalyst Fund10 recently concluded with record-breaking participation and a surge in community engagement. Over 400,000 ADA enthusiasts participated in the funding round, submitting 1,500 d…
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1 year, 1 month agoBitVM Unveils Groundbreaking Computing Paradigm for Bitcoin, Challenges Altcoins
The Bitcoin developer community has introduced a groundbreaking methodology called BitVM, which allows for Turing-complete Bitcoin contracts without modifying the network’s consensus rules. BitVM verifies c…
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1 year, 1 month agoOrdswap Faces Security Breach, Introduces Recovery Tool for Users
In a recent security breach, Ordswap, a prominent marketplace for Bitcoin Ordinals, has lost control of its website, putting users at risk of phishing attacks. The compromised website directed users to a phishing…
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1 year, 1 month agoTrust Wallet Token (TWT) Surges 20% Amidst Speculation of Major Announcement
Trust Wallet Token (TWT) has experienced a significant 20% increase in value, standing out amidst a week of modest gains in the digital asset markets. Trust Wallet, a popular self-custody hot wallet for…
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1 year, 1 month agoHong Kong's CMCC Global Raises $100 Million for Asian Blockchain Startups
In a challenging market environment for crypto firms, Hong Kong-based venture capital firm CMCC Global has raised $100 million for its Titan Fund, aimed at supporting Asian blockchain startups. This comes as global…
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1 year, 1 month agoRobert F. Kennedy Jr. Drops Democratic Bid, Declares Independent Candidacy with Pro-Crypto Stance
Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter…
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1 year, 1 month agoAlameda CEO's Poor Leadership Blamed for Firm's Financial Troubles
In the ongoing trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX, his lead attorney argued that the firm’s former CEO, Sam Bankman-Fried, was responsible for the company’s financial tro…
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1 year, 1 month agoEthereum's Trading Day Volatile After Ethereum Foundation Selloff
Ethereum, the second-largest cryptocurrency by market cap, had a challenging trading day after the Ethereum Foundation sold off some of its holdings. However, the cryptocurrency has managed to recover approximately…
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1 year, 1 month agoBitstamp in Talks with Major European Banks to Expand Crypto Services
Bitstamp, a cryptocurrency exchange, is reportedly in talks with major European banks to expand its crypto services and products ahead of the rollout of the region’s MiCA rules. The exchange aims to tap into p…
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1 year, 1 month agoFormer BlackRock Executive Predicts Simultaneous Approval of Spot Bitcoin ETFs by SEC
Former BlackRock executive, Martin Bednall, believes that the United States Securities and Exchange Commission (SEC) will approve all spot Bitcoin Exchange Traded Fund (ETF) applications simultaneously. Bednall…
