Theoriq launches testnet for blockchain-based AI agent network
The organization claims it’s developed a first-of-its-kind blockchain network.
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US Man Fined $1.1 Million, Sentenced to 15 Months for Fraudulent Bitcoin, Litecoin Schemes
U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin (BTC) and Litecoin (LTC) from several people, the U.S. Commodity Futures Trading Commission (CFTC) reports Friday, Nov. 9.The CFTC found out that Kim defrauded his employer, a Chicago-based proprietary trading firm, transferring approximately…

XRP price rebounds after worst month since June 2021 — major recovery ahead?
The bounce-back move has occurred near a technical support confluence, raising XRP's possibility to rise 30% in Q2/2022. 691 Total views 53 Total shares XRP opened May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend…

Turnover at SEC continues as Lizárraga announces January exit
On the heels of Chair Gary Gensler’s resignation, SEC Commissioner Jaime Lizárraga has also decided to step down from his role at the agency.

Lost SOL? Persistent challenges continue to impact Solana price
The past thirty days have been an extremely bearish time for cryptocurrencies. The sector's aggregate market capitalization plunged 33% to $1.31 trillion and Solana's (SOL) downfall has been even more brutal. Currently, SOL has seen a 50% correction and trades at $51.Solana/USD price at Coinbase (blue) vs. altcoin capitalization (orange). Source: TradingViewThe network aims to…

Polychain Capital-Backed DeFi Alliance Hits 51 Members
After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, has added another batch of new members. The group’s membership has now surpassed 50 companies in total.Launched in…

US: Legislators Introduce Bill to Find Common Definition of Blockchain Technology
U.S. Reps. Doris Matsui and Brett Guthrie have recently proposed a bill dubbed the "Blockchain Promotional Act 2018" in the House of Representatives, according to an announcement on Matsui’s website Monday, Oct. 1.The release notes that current definitions of blockchain technology in different draft bills differ. For this reason, the bill proposes that the U.S.…

Q3 Crypto Ponzi Victims File Class Action Lawsuit Against Wells Fargo
Q3 Investment Recovery Vehicle (Q3IRV), an entity representing the more than 100 victims of the alleged $35 million Q3 Ponzi scheme, has filed a class-action lawsuit against Wells Fargo Advisors.The suit accuses Wells Fargo of failing to inquire into the activities of an employee accused of co-masterminding the scam.The plaintiffs assert that the Wells Fargo…

Rune’s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally
2021 was a roller coaster of a year for THORChain (RUNE) that saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token limping into 2022.Data suggests that investors could be taking a closer look at Rune and…