FTX says Backpack acquisition of EU arm has not been approved by court

Terra has become a controversial blockchain project after the collapse of its native token LUNA and stablecoin TerraUSD (UST) in May. But its recent gains are hard to ignore for cryptocurrency traders. LUNA rising from the dead?After crashing to nearly zero in May, LUNA is now trading for around $6, a whopping 17,559,000% price rally in…

The outlook for projects in the decentralized finance (DeFi) sector has begun to improve in recent months as a combination of global events have highlighted the benefits of holding funds outside of the traditional financial systems.One project that has rallied over the past few months is Kyber Network (KNC), a multi-chain cryptocurrency trading and liquidity…

The national carrier of the United Arab Emirates Etihad Airways has partnered with blockchain-based platform for the travel industry Winding Tree to explore how blockchain can aid in distribution.Logistics see greater adoption of blockchainAs Reuters reported on Aug. 8, Etihad joined a range of other leading international airlines that already deploy the Winding Tree platform,…

The company said the fine-tuning facility and the training data used for fine-tuning are scrutinized via a moderation API and the GPT-4 powered moderation system. 150 Total views 2 Total shares OpenAI has introduced the option of fine-tuning for GPT-3.5 Turbo, enabling artificial intelligence (AI) developers to enhance performance on specific tasks using dedicated data. However,…

Bitcoin (BTC) price is heading to $4,000 after breaking support to trigger a sudden bear market, says one of its most prominent critics.Gold bug pounces on Bitcoin price dropIn a tweet on Sept. 24, gold bug Peter Schiff returned to bashing Bitcoin as it fell from $9,700 to a low of $7,990 in hours. Subsequently correcting…

A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9.In the document, the United Kingdom Jurisdiction Taskforce (UKJT) stated that the existing legal uncertainty around the crypto industry is a major reason for a lack of…

Canada-based Purpose Bitcoin ETF attracted over $38 million worth of Bitcoin (BTC) this Tuesday, its third-largest daily inflow to date.According to data provided by Glassnode, investors poured about 1,054 BTC into the fund, marginally lower than the inflows recorded on Dec. 6 last year. However, the capital injection still came out to be almost half…

The furore created by Musk's erratic tweets could leave investors out of pocket, but could also bring new eyes to crypto in the long run. Elon Musk’s ability to move cryptocurrency markets with his tweets represents a danger to the average investor, says CoinSwap founder Erik Nurm, but the furore created around the Tesla CEO’s…

“Coordinated pumping of shares for profits can be illegal. We can see all trades and have access to trader identities,” said ASIC in a message to the ASX Pump Organization on Telegram. 960 Total views 25 Total shares The Australian Securities and Investments Commission (ASIC) is going after pump and dump groups on Telegram.On Monday…