Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
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Fan tokens: Day trading your favorite sports team
With the pandemic separating fans from their stadiums and sports clubs from their revenues, fan tokens are now big players in the game, helping teams generate revenue and bringing fans together again.Though stadium seats in some countries have been filled with paper cut-outs of fans to present a well-intentioned yet creepy facade of normality during…

MicroStrategy stock slides after announcing new $400M debt raise to buy Bitcoin
The company's stock has dropped by more than 60% after topping out at $1,135 in early February. 1334 Total views 3 Total shares A lackluster balance sheet, excessive debt load and over-leveraged exposure to Bitcoin have crashed MicroStrategy stock by more than 63% since February already. Nevertheless, the business intelligence company has ignored the risks of…

Vermont becomes the sixth US state to launch investigation against Celsius
The state financial regulator alleged that Celsius violated state security laws by offering high crypto interest rate accounts to customers and unethically using clients’ funds to invest in illiquid products. 238 Total views 42 Total shares Vermont's Department of Financial Regulation (DFR) issued a warning against troubled crypto lending firm Celsius on Tuesday, reminding users…

Ether’s price clings 'crucial area,' drop below $2.8K looming
Cryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well.

The rise of oracles: Institutional investors need trusted crypto market data
In this article, I intend to discuss the importance of market data, decentralized finance (DeFi) econometrics and applied DeFi research on crypto (and digital) assets as a corollary to financial econometrics and applied research. I will also attempt to draw upon the perspective and findings from Eugene Fama’s seminal papers based on his interest in…

Citadel Securities takes in $1.15B investment from Sequoia and Paradigm
The company confirmed its bet on the crypto space with its latest investment partners. 173 Total views 10 Total shares Citadel Securities announced that VC firms Sequoia and Paradigm made a $1.15 billion combined minority investment in the market maker, bringing its valuation to $22 billion. The partnership with Paradigm, a Web3-focused investor, signaled Citadel…

Caroline Ellison asks to seal supporters’ info at Sept. 24 sentencing
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May.

ChatGPT web traffic drops for third consecutive month in August
Web traffic from users worldwide for OpenAI’s ChatGPT declined during the summer months, which could be linked to university-aged users out of school. 300 Total views 1 Total shares The popular artificial intelligence (AI) chatbot ChatGPT has seen a decrease in user traffic worldwide for the third consecutive month this August, according to data from