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Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets
8.4.2023
Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot has recommended “massive allocations” in precious metals. Schiff Cites Study...
Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined
7.4.2023
The top 100 DeFi tokens had a mixed week in terms of price action, with the total value locked in DeFi protocols maintaining above $50 billion
Thai political party looking at PM race promises $300 in crypto upon victory: Report
7.4.2023
The country's next general election will be held on May 14, at which time all 500 seats in Thailand's House of Representatives will be up for grabs
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Mt. Gox repayment registrations closed: Here’s what’s next
7.4.2023
The deadline for repayment registration for those affected by the Mt. Gox closed, and now the trustee released a statement on its next steps in the repayment process
Luxury Brand Ralph Lauren Now Accepting Crypto Payments at Its New Miami Store
7.4.2023
The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are among the cryptocurrencies that are accepted at Ralph...
Ukraine Dismantles $40 Million Russian Crypto Pyramid
6.4.2023
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With...
Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion
6.4.2023
A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure
15 ways crypto companies can manage costs in the current economy
6.4.2023
Balancing cost-cutting efforts with smart efficiency strategies can help crypto companies weather current macroeconomic conditions
Avalanche introduces ‘Evergreen’ subnets to connect institutions on blockchain
6.4.2023
Ava Labs has introduced its new Evergreen subnets, aiming to help institutions improve control and intercompany communication on the blockchain
Japan pushes for friendlier environment for crypto with Web3 proposals
6.4.2023
Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto
FTX philanthropic donations have created a complex dilemma for recipients
6.4.2023
University-affiliated research initiatives received more than $13 million in grants from FTX Future Fund, with several students getting $100,000 in grants
Debunking Crypto Myths With Binance! The Myth of Crypto Being Mainly Used by Criminals
6.4.2023
The world of cryptocurrencies and blockchain has exploded in recent years. However, a lack of understanding surrounding this technology has led to a number of false beliefs and misconceptions, causing many people to approach digital assets with unwarranted suspicion and uncertainty. To combat this...
Nigerian crypto foreign investment is at a record low: Study
6.4.2023
Foreign direct investment (FDI) in Nigeria fell by 33% last year due to a severe shortage of dollars, which discouraged crypto companies from expanding into the country
Chinese State-Owned Company Launches 2 Crypto Funds in Hong Kong
6.4.2023
One of China’s leading insurers has backed the establishment of two crypto investment funds in Hong Kong. The business move comes against the backdrop of the region’s ambitions to become a hub for digital assets, and despite the negative regulatory attitude towards the market in the mainland....
Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto
6.4.2023
Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class...
Swiss state-owned bank Postfinance to offer Bitcoin trading
5.4.2023
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles
US Justice Department Seizes Cryptocurrency Worth $112 Million in ‘Pig Butchering’ Crackdown
5.4.2023
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various...
Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder
5.4.2023
Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South...
LayerZero raises $120M to expand cross-chain messaging efforts
4.4.2023
The new funds will be used to increase headcount and expand the company’s presence in the Asia-Pacific region