Binance Labs Invests In Zircuit To Advance L2 With AI-Enabled Sequencer Level Security
George Town, Grand Cayman, 11th June 2024, Chainwire
June 11, 2024
2 mins read
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ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network by 25x
Vancouver, Canada, 11th June 2024, Chainwire
June 11, 2024
2 mins read
OKX Hit by Major Outflows Amid Security Breach Rumors
OKX, one of the leading cryptocurrency exchanges, is currently facing capital outflows amid recent rumors of security breaches. Data from Defillama reveals that OKX has seen outflows of over $204 million in the past 24 hours and $633 million over the past week, surpassing the outflows of other exchanges. In
June 11, 2024
2 mins read
Hydration Secures $14.4M in DOT Tokens from Polkadot Treasury to Boost DeFi
The leading DeFi project on Polkadot, Hydration, is excited to announce that it has been awarded 2 million DOT tokens from the Polkadot treasury, which is worth $14.4 million. The funds will be used to improve Omnipool, Hydration’s single-sided liquidity provisioning platform, in terms of both liquidity and trading efficiency. The DOT tokens
June 10, 2024
2 mins read
Can Bitcoin Overcome Resistance After Second Highest Weekly Close?
Bitcoin has achieved its second-highest weekly close ever, with massive ETF inflows emerging as a major bullish catalyst amidst being stuck in a bearish trap. On June 7, the Bitcoin price surged to $71,833, its highest price since May 21. However, it failed to reach the $72,000 resistance level due
June 10, 2024
2 mins read
Singapore Banks Tighten Security Post $2.2B Money Laundering
Singapore banks affected by the substantial money laundering announced increased scrutiny of their wealthy customers according to Bloomberg. Leading banks such as Citigroup Inc., and DBS Group Holdings Ltd. are among the banks that are working to tighten security following the attack in 2023. Notably, the money laundering case that
June 10, 2024
2 mins read
Fidelity Investments Secures Revenue-Sharing Deals with ETF Managers
A number of exchange-traded fund (ETF) managers have just signed new revenue-sharing agreements with Fidelity Investments, marking a major step forward for the ETF industry. This move is part of Fidelity’s aim to strengthen its position in this competitive sector and comes at a time when investor interest in ETFs
June 8, 2024
1 min read
Trump Embraces ‘Crypto President’ Title, Pledges Support for Crypto Sector
Donald Trump, a presidential candidate who has been vocal about his support for Bitcoin, has dubbed himself the “Crypto President” in an effort to solidify his relationship with the rapidly expanding cryptocurrency ecosystem. At a fundraiser in San Francisco on Thursday, the 45th president of the US, Donald Trump, was
June 8, 2024
2 mins read
SEC Chair Gensler Ties Ether ETF Approval Timeline to Issuer Response Speed
According to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, the speed with which issuers reply to SEC comments will determine the approval of spot Ethereum exchange-traded funds (ETFs) in the US. It would seem from Gensler’s remarks that the responsibility for approvals is with the issuers
June 7, 2024
2 mins read
Nigeria Stands Firm on Binance Executive’s Prosecution Despite US Criticisms
In the past few months, Nigeria and the USA have contested over the arrest of Binance Executive and US citizen, Tigran Gambaryan. This ongoing battle regarding Gambaryan’s prosecution has caught the market’s attention. Mohammed Idris, Minister of Information, made a statement on Wednesday defending Nigeria’s take on the case. He
June 6, 2024
2 mins read
