CFTC fines EmpiresX founders $130M in crypto fraud case
A US court fined the Brazilian founders of EmpiresX over $130 million for operating a fraudulent crypto scheme that misled investors.
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AI safety researchers leave OpenAI over prioritization concerns
Following the recent resignations, OpenAI has opted to dissolve the ‘Superalignment’ team and integrate its functions into other research projects within the organization.

Study Shows UK Blockchain Companies Are Shifting Back To Traditional Funding Strategies
A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies. 1578 Total views 32 Total shares A new study released by venture capital firm, MMC Ventures, found that UK blockchain companies are turning to traditional capital raising strategies, noting that the Initial Coin Offering, or ICO, model…

European investors pour record $105B into US Bitcoin ETFs
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July.

Bitcoin ‘double bottom’ excites bulls as NVT signal predicts major move
Bitcoin (BTC) is delivering striking similarities to its last bear market but the recent bottom may be its last, research says.In a tweet on Oct. 31, popular trading account Stockmoney Lizards furthered the bull case for BTC/USD.Bitcoin "repeats itself" in 2022The past few days have seen talk of Bitcoin encountering a “double top” with two…

Novi-FT? Facebook’s NFT support may not drive crypto adoption
Nonfungible tokens (NFT) have enjoyed quick adoption across the entertainment, media and sports space as the biggest brands, companies and individuals look to gain first-mover advantage in creating their own digital collectibles.These have come in myriad forms, and much like blockchain technology was touted to be pliable to any industry’s needs and problems, the imagination…

SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed
Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week.The SOL/USD exchange rate climbed to a new record high of $103.06 following a 9.35% intraday rally. The upside move surfaced days after Solana introduced "Ignition" on their official media handles. However,…

Sam Altman’s OpenAI reportedly in partnership talks with his other firm, Worldcoin
The potential partnership comes amid increased regulatory scrutiny for both companies.

House votes to nullify SEC’s anti-crypto banking guidance SAB 121
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.