FTX says Caroline Ellison to give up ‘all of her assets’ in settlement
Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left.
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62% of institutions to start investing in crypto within a year: Survey
Institutional investors expect to start buying crypto to increase their revenues over the long term. 320 Total views 14 Total shares Institutional investors are increasingly looking to move into cryptocurrency investment to grow their revenues in the long term, a new survey revealed.As many as 62% of global institutional investors with zero exposure to cryptocurrencies…

ChatGPT and AI the newest vector for malware: Meta security team
Security researchers at Meta said “bad actors” have flocked to generative AI because it’s the latest tech to capture “people’s imagination and excitement.” 432 Total views 20 Total shares Own this piece of history Collect this article as an NFTArtificial intelligence tools, such as ChatGPT, have become the latest way for “bad actors” to distribute…

Paraguay miners urge state electricity board to reconsider upcoming price hike
Capamad spokesperson Jimmy Kim claims that the electricity price increase set for Aug. 1 may force 70% of legal crypto miners out of business.

One-fifth of businesses in El Salvador now accept Bitcoin: NBER study
The researchers also found that Bitcoin is gaining ground compared to other payment methods within El Salvador. 234 Total views 11 Total shares Months after Bitcoin (BTC) became legal tender in El Salvador, a study conducted by the National Bureau of Economic Research (NBER) shows that 20 percent of businesses have started to accept BTC…

Worldwide searches for ‘onchain’ on Google hit all-time high
“The learning phase is over. A new era is coming,” says CryptoQuant CEO Ki Young Ju.

Stablecoins boosting demand for US T-bills: Treasury Dept
The United States Treasury Department is taking an interest in stablecoins and tokenization.

Bitcoin derivatives data shows no ‘bottom’ in sight as traders avoid leveraged long positions
Bitcoin (BTC) lost the $28,000 support on June 12 following worsening macroeconomic conditions. The United States Treasury 2-year note yield closed on June 10 at 3.10%, its highest level since December 2007. This shows that traders are demanding higher rates to hold their debt instruments and expect inflation to remain a persistent challenge.Louis S. Barnes,…

Web3 communication app goes after Twitter with $12.5M seed funding
Sending Labs is co-founded by developers of Dolphin, one of the earliest Android-based mobile browsers launched back in 2011. 155 Total views 2 Total shares Own this piece of history Collect this article as an NFTDevelopers of one of the earliest Android-based mobile browsers are working to bring online communication to the next level by…