Decentralization could help humanity to avoid an AI doomsday scenario
AI development must strike a balance between enhancing efficiency while accounting for ethical and safety considerations.
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Yam Finance readies for less-disastrous relaunch
Yam is gearing up for its V3 release later this week after undergoing a security audit from PeckShield. Decentralized finance (DeFi) protocol Yam Finance is relaunching on September 18.Yam Finance V2, a fork of Compound (COMP) featuring a native token with an elastic supply, burst onto the DeFi scene last month — garnering more than…
Ethereum tumbles below $600 as XRP debacle takes a toll on altcoins
XRP has been showing massive weakness as the cryptocurrency is being sued by the SEC. Its price tumbled significantly from $0.65 to $0.21 in four days, a crash of 67%.Meanwhile, other altcoins also corrected significantly in the past 24 hours as investors probably fear that XRP may not be the only coin on the SEC's radar.…
New York-Based Entrepreneur Charged With Fraudulent Cryptocurrency Scheme
The United States Department of Justice (DoJ) has charged a New York-based operator of a purported cryptocurrency payment services firm with a wire fraud and unlawful monetary transactions. The DoJ announced the allegations in a press release on Feb. 27.According to the release, New York citizen Randall Crater founded and managed My Big Coin Pay…
South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday. 300 Total views 13 Total shares Prosecutors in South Korea behind the investigation of Terraform Labs have reportedly executed a search and seizure in 15 firms, including seven crypto exchanges.According to a…
Litecoin is trading at a 1,800% premium via Grayscale’s LTC Trust — But why?
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale's Litecoin Trust. 620 Total views 6 Total shares Shares in Grayscale Investments' Litecoin Investment Trust, or LTCN, have been trading at a whopping 1,800% premium over the market rate of their…
Bitcoin ETF race begins: Has institutional trust returned to crypto?
With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed amid a prolonged crypto winter…
Thales raises $2.5M for binary options platform in Synthetix ecosystem
Binary options and sports betting will soon be launched on the Synthetix-based Thales platform. 273 Total views 4 Total shares A decentralized finance project providing binary options style trading has just completed a $2.5 million seed round.Binary options are financial instruments that allow traders to speculate on the price movement of the underlying market or…
Japanese soccer star Keisuke Honda launches his own crypto
Crypto and blockchain matter for the global soccer community. A Japanese professional soccer player is launching his own cryptocurrency to boost fan engagement.Keisuke Honda, former Japan midfielder and currently a captain of the Brazilian professional league team Botafogo, has launched his own token to build new connections with his fans, Cointelegraph Japan reported on Oct.…