The CEO of cryptocurrency news site The Block, Michael McCaffrey, resigned when it was revealed that the business had received an undisclosed investment from former FTX founder Sam Bankman-Fried, according to a report by Axios. McCaffrey, who became CEO in April of 2020, has also resigned from the board of
On December 1st, Symbiont filed for Chapter 11 bankruptcy. After having joined the rush of businesses over a decade ago. Aiming to introduce crypto’s underlying blockchain technology into conventional finance. In a petition with the United States Bankruptcy Court for the Southern District of New York. The corporation said that
Amber Group, a cryptocurrency trading business located in Singapore, is reportedly ending a $25 million sponsorship arrangement with the football team Chelsea FC as published by Bloomberg and cited by an anonymous source. To reduce its headcount to around 400, Amber Group, financed by Temasek and Sequoia Capital, is also
The Ethereum core developer has announced that the next major upgrade, the Shanghai upgrade, will be released on March 2023, and this upgrade will allow users to permit their staked ETH withdrawals. According to the Duna Analytics crypto data tracker, some of the 15.57 million ETHER, or nearly 13% of
DappRadar, the world’s largest dapp store, has released its latest industry report, which demonstrates the blockchain industry’s fortitude in the face of recent setbacks like the FTX exchange’s closure and an increase in hacks, frauds, and vulnerabilities in the decentralized financial sector. Though one would expect consumers to flee in massive
The OpenAI research organization has released a chatbot powered by artificial intelligence (AI) called ChatGPT. Which has already been put to use in a variety of contexts. From trading bots to cryptocurrency blogs to even a song. The bot is a language interface tool that, according to OpenAI, can engage
Telegram, a popular messaging app, has released an upgrade that allows users to register using blockchain-based anonymous numbers rather than mobile phone numbers. To the delight of privacy-conscious users, Telegram will allow its users to conceal their phone numbers from everyone, rather than only those they haven’t registered to the
Today, the FBI announced that they had detained and filed charges against Rikesh Thapa, co-founder of Blockparty, a blockchain event firm, on charges that he stole $1 million in cash and cryptocurrency from the company to spend on personal luxuries. On Wednesday, the DOJ made allegations that Rikesh Thapa, 28,
Tether, the major blockchain-enabled platform, has announced the release of an offshore Chinese Yuan (CNH) to the Tron blockchain. Bitfinex will be the first exchange to allow the user to deposit and withdraw CNH. Which is utilizing the Tron blockchain transport layer from the platform when it launches. #Tether Launches
Since the cryptocurrency community fought back against ConsenSys’ privacy policy last month. The company has given various revisions and explanations about how it handles user data. Last month, when users found out about the practice. Many of them saw it as going against the decentralized, privacy-focused spirit of Ethereum. Following
