SEC settles with trading firm over $4M ‘AI-washing’ scheme

Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track.Medalla —…

Brazilian banks will be implementing a new standardized blockchain identity solution powered by the Hyperledger Fabric-platform, Cointelegraph Brazil reported on June 2.The identity solution — co-developed by IBM and the country’s central bank, CIP — is reportedly to be integrated into the Brazilian Payment System (SPB) — a system used by all banks and financial…

Technical analysis, the study of chart patterns, is a tool that helps traders increase their edge over others. This is done by keeping the trader on the right side of the trend and providing warnings when the trend is about to reverse. There are many indicators and patterns that can accomplish this task but there…

The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone. 172 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe banking crisis could be the spark that will kick off the next…

Behaving like a tech stock means Bitcoin carries the same high risk and high reward opportunities as a fledgling startup. Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10…

With a value pegged to another currency, stablecoins in theory maintain steady price levels — hence the name. However, as investors saw in the Terra (LUNA) and UST crashes in May 2022, even stablecoins are subject to diminishing value in times of volatility if underlying pegs are lost or drop in value themselves. As investors…

Major global banking group HSBC has implemented tokenization technology into its receivables infrastructure for corporate clients in India, according to an announcement on June 18.The British multinational financial services company has reportedly launched its Digital Accounts Receivable Tool (HSBC DART), based on tokenization technology developed by Australian blockchain-powered Fintech company Identitii Ltd., the firm said…

The Ethereum Medalla Testnet launched, but it is not yet achieving the participation it needs. The Ethereum Medalla testnet launch, scheduled for 1pm UTC, did not proceed as smoothly as expected.While the network launched successfully and proposed a sufficient number of blocks at the supposed genesis time, participation rate was a mere 57%; much lower…