Bitcoin L2 ‘honeymoon phase’ is over, most projects will fail — Muneeb Ali

The cryptocurrency derivatives exchange could potentially buy out the troubled lender for pennies on the dollar. 439 Total views 21 Total shares Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi's remaining assets for $25 million, according to CNBC.According to sources close to the matter, BlockFi's equity investors were wiped out and are…

Chinese non-profit Zhiyuan Hui — reportedly the world’s largest volunteer service platform — has announced its partnership with token economy infrastructure firm EveriToken. The news was announced Jan. 12 in an official EveriToken blog post.As of December 2018, Zhiyuan Hui reportedly serves over 430,000 non-profits, and its 71 million users are reported to have worked…

In the race for market supremacy among artificial intelligence (AI) firms, a coalition of technology leaders spearheaded by IBM and Meta established the AI Alliance. Rather than competing, these companies aim to collaborate, emphasizing their commitment to fostering transparent innovation and responsible development in artificial intelligence.In a joint statement, IBM and Meta outlined the AI

New York resident Heather Morgan, 31, claims to be many things: “a serial entrepreneur, prolific writer, irreverent comedic rapper, and investor in B2B software companies with high growth potential.”But her LinkedIn bio doesn’t mention anything about her alleged capability to help launder hacked cryptocurrency.Yesterday morning, FBI agents arrested Morgan — or was it her rapper…

Financial regulators in Dubai have enacted a 30-day window for public comments on security token regulations. 710 Total views 9 Total shares The Dubai Financial Services Authority, or DFSA, is continuing its efforts to create a standardized framework for cryptocurrency regulations in the megacity.According to a DFSA press release issued on Monday, Dubai's financial regulator…

Institutional investors have replaced high net-worth individuals as the biggest buyers of cryptocurrency transactions worth over $100,000, Bloomberg reported October 1.According to Bloomberg, traditional investors and buyers such as hedge funds have become more involved into the $220 billion cryptocurrency market through private transactions. Bloomberg also notes that miners — the biggest sellers on the…