Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15,…
2023 was a rollercoaster for Bitcoin, altcoins, and the overall cryptocurrency market, marked by regulatory upheavals, institutional advancements, and significant price movements. Indeed, the industry faced challenges and opportunities, reflecting the nature of…
The debtors of the now-defunct cryptocurrency exchange FTX have filed an amended Chapter 11 plan of reorganization, which proposes that the value of customer asset claims will be retroactively set to the time…
In a brazen cyber heist, the peer-to-peer trading platform NFT Trader fell victim to a sophisticated hack. It resulted in the theft of millions of dollars worth of high-value Non-Fungible Tokens (NFTs). Among…
Four months ago, Nvidia (NVDA) shares fell short of reaching the $500 milestone. Currently, the price of Nvidia is once again rallying towards this significant level. The critical question now is whether Nvidia’s…
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has been declared a success after a month-long pilot project. A host of business, regulatory and technical improvements are lined up for it in…
Ledger has announced to its users in a post on X (formerly Twitter) that is connect kit is safe to use again following a malicious attack resulting in approximately $484,000 in stolen funds….
The self-regulatory trade association CryptoUK has reported roughly 5% of all Members of Parliament (MPs) in the United Kingdom have publicly spoken on crypto and blockchain, suggesting a lack of knowledge. In a…
In a recent two-day court hearing in Singapore, Su Zhu, the co-founder of Three Arrows Capital, faced questioning over the collapse of the crypto fund. Liquidators were able to gather vital information in…
The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve or disapprove a spot Ether (ETH) exchange-traded fund, or ETF, proposed by Invesco and Galaxy Digital. In…
Caroline Mauron of Orbital Markets predicts that Bitcoin will experience low liquidity. This is despite the US Securities and Exchange Commission’s (SEC) review of several exchange-traded fund (ETF) applications. One of the main…
The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue. Banknotes continue…
In a recent cross-sectional study researchers explored the performance of large language models (LLMs) in neurology board-style examinations. The study, which utilized a question bank approved by the American Board of Psychiatry and…
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February 2024, with a federal judge determining there’s too much of a flight risk if…
U.S. Senators Mitt Romney, Mark R. Warner, Mike Rounds, and Jack Reed have introduced the Terrorism Financing Prevention Act. The bipartisan legislation aims to strengthen sanctions against foreign entities facilitating financial transactions with…
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry. In a recent report titled “Financial services…