$510B crypto sell-off wipes 2024 gains for top 50 coins
Memecoins like PEPE and WIF saw the biggest loss after the $510 billion crypto market sell-off.
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FTX CEO fights to keep lawyers as calls for removal intensify
Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures. 432 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe CEO of crypto exchange FTX has rejected calls for its law firm Sullivan & Cromwell…
Blockchain Service Bison Trails Announces Support for Ethereum 2.0
Libra Association member Bison Trails looks forward to moving from the Proof-of-Work consensus mechanism to Proof-of-Stake, launching Eth2 support. 1428 Total views 16 Total shares Blockchain infrastructure-as-a-service company, Bison Trails, has announced support for Ethereum 2.0 — an upgrade that will move the network from its proof-of-work consensus mechanism to proof-of-stake.Bison Trails offers a suite…
Standard Chartered to launch institutional-grade crypto custody in 2021
The major British bank is “rewiring the DNA in banking” with crypto. 200 Total views 1 Total shares Standard Chartered, one of the biggest banks in the United Kingdom, has officially announced plans to provide institutional custody for major cryptocurrencies like Bitcoin (BTC).According to a Dec. 9 announcement, Standard Chartered’s innovation arm SC Ventures has…
Ethereum price technicals hint at 35% gains versus Bitcoin in 2023
Ethereum’s native token, Ether (ETH), could grow by 35% versus Bitcoin (BTC) this year to hit 0.1 BTC for the first time since 2018 as it forms a classic bullish continuation pattern.Ethereum price must first break key resistanceDubbed an ascending triangle, the pattern forms when the price fluctuates inside a range defined by rising trendline support…
Swiss Crypto Finance App Gains Nationally Recognized AML License
Cryptocurrency-focused personal finance app Aximetria has gained a financial standards license recognized by Swiss regulators.In a press release provided to Cointelegraph July 29, Aximetria, which is based in the country, said the Swiss Financial Services Standards Association (VQF) license would allow it to function as a crypto intermediary and streamline its onboarding process.The VQF license…
Reddit shares jump after-hours on OpenAI data-sharing deal
Reddit said the deal allows OpenAI’s tools to “better understand and showcase Reddit content” and sees the AI firm back new features on the social platform.
Aragon Association to dissolve, will disburse $155M in assets to token holders
The governing body for the aragonOS DAO-creation tool will wind down, transferring its assets to token holders. 267 Total views 1 Total shares The governing body for the aragonOS software will dissolve, distributing most of its assets to token holders in the process, according to a Nov. 2 blog post. The body, called the Aragon
Tether stablecoin loans rise in 2023 despite downsizing announcement in 2022
Tether said the new loans were made at the request of some of its long-standing partners, and it plans to cut it down to zero by 2024. 425 Total views 3 Total shares Tether, the largest stablecoin issuer in the crypto market, has seen a rise in its stablecoin lending, or secured loans, in 2023