Crypto trader sees best 'altseason' since 2017 as Bitcoin price cools
Bitcoin and altcoins are projected to reenter bullish upside on longer timeframes, with the signs becoming clear despite consolidatory BTC price action.
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XRP whale moves 29 million tokens to Bitstamp amid price slide
Additional information suggests the possibility that this whale might be selling their XRP assets, as it had previously moved 14 million XRP to Bitso just a few hours earlier. 469 Total views 1 Total shares As XRP (XRP) struggles to maintain upward momentum following Judge Analisa Torres’ summary judgement in the United States Securities Exchange…
AI startup by ex-Meta and Google researchers raises $113M in seed funding
The company is on a hiring spree, and is on the lookout for artificial intelligence researchers, software engineers and product developers. 718 Total views 4 Total shares A new artificial intelligence (AI) startup and rival to ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing its valuation to $260 million just two months after…
Swiss SIX Digital Exchange CEO Departs Due to ‘Strategic Differences’
The CEO of Switzerland’s SIX Digital Exchange (SDX), the cryptocurrency-focused arm of the the country’s principal SIX Swiss Exchange, is departing the company, local news outlet SwissInfo reported on Aug. 14. CEO departs before SDX launchMartin Halblaub will step down after eight months into his job when his contract expires at the end of August following…
Rapper Dismissed of Securities Fraud Charges for FLiK ICO
On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017.The judge failed to find concrete evidence of securities violations or negligent misrepresentation as T.I. made no claims regarding the value of the FLiK tokens:“The…
Major Korean Bank Signs MoU With Atomrigs Lab to Explore Crypto Asset Management
This article has been updated to correct the name of Atomrigs Lab.Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomrigs Lab to jointly explore digital asset management and protection solutions. The news was released at a press conference at the bank’s office in Seoul on…
Cryptocurrency trading platform Crypto.com to debut UFC NFTs
The UFC has collaborated with Crypto.com for their first official NFT, which will be available on Thursday. 98 Total views 2 Total shares On Nov. 2, crypto trading and payments firm Crypto.com revealed the release of the first authorized UFC nonfungible token. According to the news release, the UFC's new NFT series will include digital collectibles such…
Exploring the landscape of crypto regulations in sub-Saharan Africa
Sub-Saharan Africa has no doubt suffered many regulatory setbacks in adopting cryptocurrencies. With most countries in the region struggling not to buckle under economic uncertainties and pressures looming over them even as the ripple effects of COVID-19 set in, it would appear that many Africans, especially millennials, aren’t waiting for the government anymore.The main issue…
Economic design changes will affect ETH’s value post-Merge, says ConsenSys exec
Lex Sokolin said that post-Merge, DeFi projects will have to compete with the returns offered by the core ETH protocol. 614 Total views 15 Total shares As the Ethereum Merge draws near, many are speculating on its economic effects. To provide a clearer view to those who anticipate the major upgrade, Lex Sokolin, the head…