FTX says Backpack acquisition of EU arm has not been approved by court
FTX says that Backpack has not been authorized to return funds to creditors despite the Solana exchange saying it would take over creditor repayments from FTX.
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Can Sony and Microsoft bring blockchain to gaming consoles?
Sony and Microsoft, two of the biggest names in gaming, have been making significant moves towards blockchain technology in recent years. This is an important development, as it has the potential to not only revolutionize the gaming industry but it could be the Trojan horse that makes blockchain a mainstream possibility.Sony has filed a patent

Huobi’s Jun Du acquires 10 million CRV tokens to support Curve
Du emphasized that the existing challenges were transitory and said he believed the industry would benefit from collective support. 58 Total views 1 Total shares Jun Du, the co-founder of Huobi, has bought 10 million Curve tokens (CRV) for $4 million from Michael Egorov, the founder of Curve, as he seeks ways to decrease his…

Google paves way for AI-produced content with new policy
On Sept. 16, Google updated the description of its helpful content system. The system is designed to help website administrators create content that will perform well on Google’s search engine.Google doesn’t disclose all the means and ways it employs to “rank” sites, as this is at the heart of its business model and precious intellectual

Copper to provide crypto custody services for Fineqia’s crypto ETNs
As institutional investors allocate more capital to crypto investments, custody solutions are becoming more important.

CoinMarketCap launches Ethereum token swaps powered by Uniswap
CoinMarketCap has launched a token swap feature via integration with Uniswap, and has hinted at supporting additional DEXs and networks in the future. 1307 Total views 5 Total shares CoinMarketCap (CMC) has launched a token swap feature on its website through an integration with decentralized exchange Uniswap. CMC is one of the most well known…

Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations
In the past seven days, Bitcoin (BTC) experienced a whopping 14.5% surge, hitting a 20-month high at $41,130 by Dec. 4. Traders and analysts have been abuzz with speculation, especially in the wake of the $100 million liquidation of short (bearish) Bitcoin futures within just 24 hours. However, when we dive into BTC derivatives data

Bybit debuts AI-powered ‘TradeGPT’ for market analysis and data driven Q&A
Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data. 269 Total views 1 Total shares Dubai-based cryptocurrency exchange Bybit has developed a language based trading tool that uses AI to generate trading insights and answer technical questions from its market data.TradeGPT is being touted as an AI-powered

US IRS Adds Question on Crypto Usage to New Income Tax Form Draft
The United States Internal Revenue Service (IRS) has added a question on crypto ownership to the standard 1040 income tax form for the coming tax season.IRS wants to know about your crypto in 2019On Oct. 11, a draft of the “Additional Income and Adjustments to Income” section of the new 1040 form surfaced that included…