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,...
Business
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...
Bitfinex users fall for ‘minor’ phishing attack after employee gets hacked
Cryptocurrency exchange Bitfinex said it suffered a “minor” information security incident after one of its customer support agents was hacked...
Value of X halves, CME rises among top Bitcoin futures exchanges, and other news
The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as...
Why NFTs Must Have Utility to Unlock Special Features
Non-fungible tokens (NFTs) are a fleeting trend and a gateway for creators to unlock an array of special features. This...
Coinbase user agreement dispute reaches US Supreme Court
The United States Supreme Court has taken up a legal dispute concerning Coinbase and its users, specifically addressing a significant...
Could regulation have prevented Sam Bankman-Fried’s criminal verdict?
Former FTX CEO Sam Bankman-Fried was found guilty of all seven counts of fraud and conspiracy to commit fraud in...
Bug in Fed’s payment system prevents bank customers from getting paid
Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s...
FTX advisers sharing customers’ data with FBI: Report
Advisers for bankrupt crypto exchange FTX have been disclosing data from customers’ transactions and accounts with the Federal Bureau of...
English school turned BTC miner in China expands capacity with 220 new units
China-based BTC Digital announced the purchase of 220 new Bitcoin (BTC) mining units on Nov. 3, bringing its total number...
Is Web3 really improving mainstream industry and products?
Web3 has been gaining ground in mainstream industries with the rise of Web3 business models based around nonfungible tokens (NFTs),...
Coinbase narrows loss, while crypto trading volumes fall in Q3
Cryptocurrency exchange Coinbase narrowed its net loss to $2 million in the third quarter as it notched a year-on-year increase...
What’s next for the ‘crypto king’ Sam Bankman-Fried?
The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers...
