Bitcoin in 42-day ‘boredom zone’ — traders debate next move
Bitcoin’s price has sat in the “boredom zone” for over a month, leaving traders guessing about a potential surge or retracement.
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Ripple Labs and R3 Consortium Reach Settlement in XRP Token Litigation
Ripple Labs Inc. has announced it has reached a settlement “of all outstanding litigation” between R3 HoldCo LLC, R3 LLC, and XRP II, LLC, according to a press release published September 10. Per the statement, the details of the settlement will remain confidential while “both sides look forward to putting these disputes behind them.”The litigation…
OpenAI could lose $5B this year and run out of cash in 12 months: Report
The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.
Chainalysis unveils Operation Spincaster, combatting $2.7B in crypto scams
Chainalysis launched Operation Spincaster in April, which targets “approval phishing” scams through education, tools, and training.
Crypto.com launches US institutional custody service
The move is part of the exchange’s broader plan to expand its US presence following the election of Donald Trump.
Anchor protocol’s reserves head toward depletion due to lack of borrowing demand
With too many depositors chasing high yields and a lack of borrowers, Anchor interest rates appear to have become unsustainable. 523 Total views 41 Total shares Anchor, the flagship savings protocol of the Terra Luna (LUNA) ecosystem, has seen its reserves decline by 35.7% in the past seven days, according to Terra.Engineer. Since the beginning of…
DePIN XYO launches on Solana
XYO’s native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.
Asset Manager WisdomTree Hopes to Launch a Stablecoin in the US
Asset manager WisdomTree intends to launch a regulated stablecoin in the United States, financial news outlet FNLondon reported on Jan. 13.Per the report, WisdomTree is looking to deploy a digital currency backed to a basket of assets such as gold, fiat currencies or government debt. The firm also intends to obtain approval by the U.S.…
Valued at $9B, Pokemon Go creator to build metaverse with fresh funding
Prominent crypto investors like Chainalysis and Coatue have invested $300 million in Niantic’s metaverse project. 212 Total views 7 Total shares Niantic, the popular augmented reality (AR) mobile game Pokemon Go developer, is planning to build a “real-world” metaverse with newly raised funding.The company officially announced Monday the completion of a $300 million raise from…