On Monday, the United States District Court in Chicago shared a plaintiff from Commodity Futures Trading Commission (CFTC) with its defendants who are Binance and its CEO and Founder. Changpeng Zhao, the CEO tries to submit a dismissal motion for the complaint that has been filed against them. Reports portray
The memecoin community is rejoicing over the recent news of Dogecoin dominating other major cryptocurrencies like Bitcoin and Ethereum in terms of trading volume. It has experienced an impressive surge of 513.20%, breaking the 24-week streak of flat trading charts. Even Litecoin, which saw a persistent surge in trading volume due
The legislation governing the digital ruble has been approved and will go into effect on August 1, 2023, with the exception of one restriction. Article 3 is scheduled to go into effect in Russia in August 2024. Moreover, it amends various federal laws, notably those pertaining to bankruptcy and inheritance.
Crypto analyst and trader Ali Martinez recently shared data on Twitter (now called the “X app”) concerning significant accumulation of the original meme coin, Dogecoin, by whales. According to his tweet, over the past few weeks, these wallet owners have substantially increased their holdings of the meme coin. Ali presented
According to data from Etherscan, a significant amount of Shiba Inu meme coins has been transferred by anonymous wallets recently. Fifteen transactions were recorded, totaling 42 billion SHIB, which is approximately equivalent to $327,600. Notably, around 14 billion SHIB were withdrawn from prominent cryptocurrency exchanges, including decentralized platforms like Kraken,
According to a report by CoinShares, crypto asset investment products saw outflows for the first time in five weeks, after four weeks of inflows from institutions totaling $742 million. The entire outflow from crypto asset investment products was $6.5 million. As investors sell off their Bitcoin holdings, they wonder whether
Sam Altman, CEO of OpenAI, released details of the Worldcoin Project to the public on Monday, July 24. The Worldcoin (WLD) token was listed on the crypto exchange Binance shortly after the announcement. Ethereum creator Vitalik Buterin has shared his thoughts on Worldcoin’s biometric identity verification system. He described how
Boba Network, an exclusive multichain layer-2 (L2) solution driven by HybridCompute ™, today announced the unprecedented integration of Oku, the most advanced DeFi trading platform powered by Uniswap v3 and built by GFX Labs. As Boba Network leads the way in delivering off-chain data and computation capabilities with HybridCompute ™, this
In a highly anticipated move, IO Global (IOG), the tech firm behind Cardano’s research, is gearing up for the mainnet release of Mithril, a stake-based signature scheme and protocol aimed at overcoming major challenges in blockchain applications. In August 2022, the team released Mithril’s proof of concept and officially unveiled
cheqd, a startup building the trusted data economy in which people and organizations have complete ownership and portability of their data, has launched Creds, a platform for issuing, holding, and exchanging digital credentials to establish a portable reputation. Creds, a platform to issue digital credentials, or “creds,” is a portable, reusable,
