Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth
Singapore-based digital asset investment firm Spartan Group has announced an investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE). The...
Business
Standard Chartered’s venture arm to set up crypto fund in UAE
SC Ventures, the fintech investment arm of British bank Standard Chartered, will establish a “Digital Asset Joint Venture” investment company...
Marathon Digital sees 670% revenue gain in Q3 as Bitcoin production surges
Bitcoin mining firm Marathon Digital Holdings saw its revenue surge 670% year-on-year in the third quarter of 2023, amid a...
Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC
Binance’s arguments used in its motion to dismiss a lawsuit from the United States securities regulator relies on an incorrect...
Pay and dump? How businesses accepting crypto payments influence adoption
Cryptocurrency enthusiasts often argue that businesses need to start accepting crypto as payments for adoption to grow — boosting usability...
Visa launches global AI advisory practice focused on generative systems
Visa announced the launch of its new global AI advisory practice on Nov. 8. The consultation service will be part...
OPNX gets EU spot crypto trading license in Lithuania
Crypto exchange OPNX has obtained a virtual asset service provider license (VASP) in Lithuania, allowing it to provide spot crypto...
CoinEx CEO Addresses the Community and Industry
On Oct. 27, 2023, CoinEx CEO Haipo Yang published an open letter to the users of his platform, as well...
Stablecoin issuer Circle weighing up 2024 public launch: Report
USD Coin (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to Bloomberg.A Nov. 7...
Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs
A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients...
IBM launches $500M fund to develop generative AI for enterprise
IBM announced the launch of a $500 million Enterprise AI Venture Fund on Nov. 7 that, according to the company,...
FTX seeks sale of Grayscale and Bitwise assets worth $744M
Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware allow it to sell certain key trust fund assets,...
Metaverse projects failed on lack of correct business model: MetaMinds CEO
The metaverse may no longer have mainstream appeal to some global tech leaders compared to two years ago. However, weaknesses...
Meta bans usage of generative AI ad creation tools for political advertisers
Meta, the parent company of Facebook and Instagram, is not allowing political campaigns and advertisers to use its generative artificial...
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying...
Moody’s unveils service that uses AI to predict stablecoin depeggings
Moody’s Analytics is launching a new stablecoin service that will use AI to predict probable depeggings “in a 24-hour time...
Mauritius mulls wrapping metaverse into financial services
The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion...
Telegram Wallet avoided self-custody to ease crypto onboarding, COO says
Telegram Wallet, a major Telegram bot allowing users to buy and sell cryptocurrencies like Bitcoin (BTC), has chosen custody over...
How blockchain, AI can help research into extending human life
Blockchain and artificial intelligence (AI) have long been paired to change how people view identity and verification. Between those innovations...
Luxor refutes claims its Bitcoin hashrate-backed product is BlockFi, Celsius 2.0
An upcoming Bitcoin (BTC) hashrate-backed product that could offer 10% to 13% returns shouldn’t be compared to failed products by...
Fake Ledger Live app sneaks into Microsoft’s app store, $588K stolen
Almost $600,000 in Bitcoin (BTC) has been stolen from users who downloaded a fake Ledger Live application on Microsoft’s app store,...
Elon Musk launches AI chatbot ‘Grok,’ says it can outperform ChatGPT
Elon Musk and his artificial intelligence (AI) startup xAI have released “Grok” — an AI chatbot that can supposedly outperform...
