Worldcoin turns one: Looking back at a year of controversy and growth
One year in, Worldcoin’s vision of a universal digital identity system shows promise with millions of users.
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Italy’s Securities Regulator Shuts Down 8 Crypto Trading and Foreign Exchange Sites
Italy’s securities regulator has shut down six foreign exchange websites and two crypto investing and derivative trading sites. According to Finance Magnates’ Feb. 10 report, the Commissione Nazionale per le Società e la Borsa (CONSOB) has accused these 8 FX sites of violating the Mifid2 and the Consolidated Law on Finance (TUF) for providing illegal trading…
Binance.US ‘prepared’ for SEC legal showdown
Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics.
Former CFTC Exec and Crypto Advocate Bart Chilton Dies at Age 58
Bart Chilton, former executive at the U.S. Commodity Futures Trading Commission (CFTC) and known crypto advocate, has died at age 58 after a reportedly sudden illness. TV channel RT America broke the news on April 27.A former member of the United States House of Representatives from 1985 to 1995, Chilton served at the CFTC’s Energy…
Netflix announces new series on Bitfinex hack involving 120,000 Bitcoin
The Netflix documentary will be about a New York-based couple and their link to laundering nearly 120,000 BTC tied to the crime. 198 Total views 25 Total shares Streaming and production giant Netflix will soon produce a documentary series on the infamous Bitfinex hack — one of the biggest financial crimes from 2016 stealing 119,756…
Price Analysis 11/12: BTC and These 9 Cryptos Set to Resume Downtrend
Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures listed on the Chicago Mercantile Exchange. According to the company, this is one of the first regulated products giving exposure to Bitcoin, with…
Hong Kong Bitcoin and Ether ETFs have tough debut on first-day trading
Bitcoin and Ethereum spot ETFs began trading in Hong Kong, but day-one trading volumes were a fraction of those recorded in the United States in January 2024.
Celestia Foundation raises $55M for modular blockchain architecture
The company claims that the technology will solve the challenges inherent when deploying and scaling blockchains. Celestia Foundation announced on Oct. 18 that it had raised $55 million in a funding round led by Bain Capital Crypto, Polychain Capital, Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures,…
IBM, Meta and others form ‘AI Alliance’ to advance AI development
In the race for market supremacy among artificial intelligence (AI) firms, a coalition of technology leaders spearheaded by IBM and Meta established the AI Alliance. Rather than competing, these companies aim to collaborate, emphasizing their commitment to fostering transparent innovation and responsible development in artificial intelligence.In a joint statement, IBM and Meta outlined the AI