TYRION Announces Strategic Move to Build Advertising Platform on Coinbase’s Base Chain

TYRION, a trailblazer in decentralized advertising, has announced its strategic move to build its advertising platform on Coinbase’s Base Chain. This move is intended to revolutionize and decentralize the $377 Billion digital advertising landscape.Base Chain is renowned for its robust scalability, security, and efficiency, and aligns seamlessly with TYRION’s mission to offer unparalleled advertising solutions, […]

Coinecta Launches Decentralized Web3 Launchpad for Cardano Ecosystem

Coinecta, a decentralized Web3 launchpad, has announced its entrance into the Cardano ecosystem. The platform offers a middleman-free fundraising model for cryptocurrency protocols, with its core native cryptocurrency asset, CNCT token, set to be released soon. The CNCT token will be stakable, and the IDO launchpad will accept both Cardano’s core ADA token and Djed, […]

Silvergate Bank Collapses After Over-Dependence on Crypto Deposits, Ineffective Management

Silvergate Bank, a crypto-friendly institution, collapsed this year due to its over-dependence on risky crypto deposits and nepotism that led to ineffective management, according to the Federal Reserve’s Office of Inspector General. In 2013, the bank changed its strategy to focus on customers engaged in crypto activities, leading to rapid growth from $1 billion to […]

Sam Bankman-Fried Faces Trial for Alleged $8 Billion Crypto Fraud

Sam Bankman-Fried, often referred to as SBF, is facing one of the most significant legal battles in the crypto industry. SBF was a renowned figure in the crypto industry, leading the celebrity-endorsed cryptocurrency exchange FTX. However, the U.S. government has charged SBF with seven primary charges, including wire fraud, conspiracy to commit wire fraud, conspiracy […]

Ripple IPO: Exploring the Possibilities of XRP’s Price

Ripple’s potential Initial Public Offering (IPO) has sparked intense speculation in the XRP community. Wall Street financial veteran Linda Jones has suggested a potential valuation of Ripple’s stock at $35 per share, with a potential to soar up to $600. This could have a significant impact on XRP’s price, as a surge in Ripple’s stock […]

Chainalysis Cuts 15% of Staff Amid Crypto Bear Market

Chainalysis, a blockchain analytics firm, has reduced its headcount by 15% this week, amounting to approximately 135 staff. This is the second round of cuts for the company this year due to the ongoing crypto bear market reducing the demand for commercial products. A spokesperson for Chainalysis confirmed the firm had around 900 employees before […]

JPMorgan CEO Jamie Dimon: AI Could Replace Humans in Certain Roles

JPMorgan CEO Jamie Dimon believes that artificial intelligence (AI) could be applied to every single process of the firm’s operations and may even replace humans in certain roles. In an interview with Bloomberg, Dimon said he expects to see “all different types of models” and tools and technology for AI in the future. He added […]

CFTC Chair Calls for Crypto Regulation Update

U.S. Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam has called for a substantial regulatory framework to be implemented in the cryptocurrency market. He believes that approximately 70% of the crypto market should be recognized as commodities and that legislation from Congress is needed to provide clear guidelines on commodity tokens and enhance the CFTC’s […]

Nine Ethereum Futures ETFs Now Available for Trading

Nine Ethereum futures exchange-traded funds (ETFs) became available for trading on the Cboe exchange on October 2. Six asset managers, Valkyrie, VanEck, ProShares, Bitwise, Kelly, and VolShares, are offering the nine funds. Four of the ETFs invest in a combination of Bitcoin futures and Ethereum futures, while the other five invest solely in Ethereum futures.Bloomberg […]