Wed, July 1

AI to Power “Economic Empowerment”, Says ChatGPT Founder

Sam Altman, CEO of OpenAI has made a contradicting tweet to the argument of the market. The ChatGPT founder is confident about the fact, AI is going to be the driving force for “economic empowerment”. ChatGPT founder tweeted: i think AI is going to be the greatest force for economic

February 14, 2023 2 mins read

Magic Eden Announced Workforce Reduction as Part of Restructuring

As part of a company-wide restructuring, non-fungible token (NFT) marketplace Magic Eden announced on Monday that it will be letting go of 22 of its employees. Jack Lu, the CEO, and co-founder of Magic Eden, wrote on Twitter that the firm needed to make staff adjustments to meet new objectives

February 14, 2023 2 mins read

Crypto Exchange Bitstamp Receives License to Operate in France

Bitstamp cryptocurrency exchange is now officially registered by the French Financial Markets Authority. This made it identical to competitors Binance and Crypto.com, both of which had previously won approval from the regulator. Bitstamp has been recognized by a number of European nations already. Bitstamp has been approved by France’s central

February 13, 2023 1 min read

Coinigy: A Smart Approach for Managing Wallets on Multiple Exchanges

If you are a pro-trader, you’ve already tried different exchanges and picked the most suitable platforms. They can have a vast range of advantages like high rates, a wide range of markets, customizable bots, and even rock-bottom commissions. At the same time, when you use different exchanges, you can face

February 13, 2023 1 min read

$46 Million of Stolen Assets Moved by Wormhole Hacker

On-chain data shows that another $46 million of stolen assets has been migrated from the hacker’s wallet, indicating that the stolen cryptocurrency from one of the industry’s greatest attacks is on the move again. In February of last year, an exploit of Wormhole’s token bridge led to the third-largest crypto

February 13, 2023 2 mins read

Vitalik Buterin Contributes 149 ETH Toward Earthquake Hit Turkey

At this point, Vitalik Buterin, co-founder of Ethereum, has given at least two sizable donations. To aid those affected by the tragic earthquake in Turkey and Syria last week. On February 6, a 7.8-magnitude earthquake hit Turkey and Syria. One of the deadliest in decades, its death toll has reached

February 13, 2023 1 min read

Nexo Halts Earn Interest Product for US Customers

Following Nexo’s settlement with US Securities and Exchange Commission (SEC), and the North American Securities Administrators Association (NASAA), the lending company planned to stop its Earn Interest Product for its U.S customers.  The leading lending company Nexo announced in its February 10th blog post that it decided to ban its

February 13, 2023 1 min read

SEC to File Lawsuit Against Paxos for Issuing Binance USD

The U.S. Securities and Exchange Commission (SEC) intends to file a suit against Paxos, the firm that developed the Binance USD (BUSD) and Pax Dollar (USDP) tokens, over the latter stablecoin. The SEC allegedly wrote to Paxos. The regulator alerted Paxos to “possible enforcement action” in the letter. BUSD is

February 13, 2023 1 min read

Coinbase’s Chief Legal Officer Claims Staking Services Not Securities

The SEC’s recent move to investigate some crypto staking offerings in the United States has captured the attention of the global cryptocurrency community. After Kraken’s settlement with the government. Many people expected Coinbase to have to do the same, thus the biggest US-based exchange decided to speak out. Paul Grewal,

February 12, 2023 1 min read

India’s CBDC Pilot Test Garners 50k Users and 5k Merchants

Although it has only been a few months since India joined the CBDC race. The government has no plans to accelerate its central bank digital currency (CBDC) trial. On February 8th, as per reports, the country’s new CBDC trial has already attracted 50,000 customers. And 5,000 merchants since the Reserve

February 12, 2023 1 min read