China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express

“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement. 502 Total views 4 Total shares The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto…

The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market fall exacerbated the biggest wave of liquidations in DeFi history. The market experienced a higher amount of liquidation on May 19 than in the past two years in the DeFi…

A crypto platform has unveiled a new Smart Trading feature that enables existing strategies to be executed with ease — cutting down the steps required to complete a trade so that users can react faster to ever-changing markets.Through Kryll, crypto enthusiasts can easily choose the exchange they wish to use for buying or selling cryptocurrency,…

Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the…

Blockchain protocol EOS (EOS) has dismissed worries over a recent transaction that hypothetically would be worth over $3 trillion.  As picked up by Whale Alert, a Twitter account monitoring large transactions on cryptocurrency blockchains, an EOS user named “f***hacker.x” succeeded in creating a transaction for 1 trillion EOS tokens ($3.61 trillion).The transaction, which ultimately failed…

Newly launched DeFi derivatives platform Perpetual Protocol crosses open interest milestone in barely 24 hours. 398 Total views 5 Total shares Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch…

U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai. 1438 Total views 28 Total shares United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern about his

The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago. 239 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe United States securities regulator is holding off from ratifying the definition of the term…

“We really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella,” said LÜM CEO and Founder Max Fergus. U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a re-launch involving NBA Top Shot’s Dapper…