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FTX Launches Lawsuit Against Ex-Executives, Including Sam Bankman-Fried, to Reclaim $1 Billion
21.7.2023
Now-defunct cryptocurrency exchange FTX has filed a complaint against former CEO Sam Bankman-Fried and other key executives to retrieve more than $1 billion in allegedly misappropriated funds.
The lawsuit, filed by FTX under the direction of an executive team led by restructuring expert John...
Chinese Telecoms Firms Growing Increasingly Keen on Digital Yuan
21.7.2023
Chinese telecom operators are growing increasingly keen on digital yuan adoption, a report has claimed, as the CBDC finds new adoption strongholds.
Per EY (via Sohu), the central People’s Bank of China (PBoC) is keen to bring the nation’s biggest operators (the likes of China Telecom and China...
Rocket Pool Price Prediction as RPL Breaks Below This Key Support Level – Here’s Why RPL Could Continue Struggling
21.7.2023
RPL, the utility token that powers the decentralized Rocket Pool Ethereum liquid staking protocol, has been taking a beating on Thursday.
The token, which is used for staking alongside ETH within the Rocket Pool protocol to incentivize honest node operation, as well as for protocol governance,...
New AI Utility Coin yPredict Breaks $3 Million Fundraising Milestone - Here's How it Works
20.7.2023
yPredict, a prominent web3 AI platform, has reached an impressive milestone in its crypto token presale. To date, it has successfully generated over $3 million in the seventh phase of its presale of the native $YPRED token.
The AI coin marks the latest advancement in the intersection...
21 Arrested in China for $54M USDT Money Laundering Investigation
20.7.2023
Authorities in China's Shanxi Province have arrested 21 individuals allegedly involved in a major Tether (USDT) money laundering scheme.
The scheme, estimated to have generated over $54 million, utilized the US dollar-backed stablecoin USDT to launder money, the country’s national broadcasting...
XRP price can fall 40% by September — Fractal analysis
20.7.2023
XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months
Chainlink Price Prediction as LINK Surges 20% to Three-Month High – Are Whales Accumulating?
20.7.2023
The altcoin rally is heating up, with blockchaincenter.com’s Altcoin Season Index hitting a new four-month high at 31, and Chainlink (LINK) is leading the charge on Thursday.
LINK surged 20% on Thursday to hit fresh three-month highs to the north of the $8 per token level, at one point even coming...
Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App
20.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...
64% of Surveyed Whitehats Find ChatGPT Lacks Accuracy in Identifying Security Vulnerabilities - Immunefi
20.7.2023
While most surveyed whitehats used ChatGPT in Web3 security and found it has potential, they've noted concerns around its ability to identify security vulnerabilities, according to a report by the bug bounty and security services platform Immunefi.
OpenAI released its artificial intelligence...
Bitget Executive Reveals AI's Optimization of Crypto Exchange Operations
20.7.2023
Cryptocurrency exchange Bitget is using artificial intelligence (AI) in a number of ways to provide better services for users and stay ahead of the curve.
During the Ethereum Community Conference in Paris, Gracy Chen, the managing director of Bitget, revealed that the exchange is utilizing...
Nasdaq Abandons Crypto Custody Service Amid U.S. Regulatory Challenges
20.7.2023
Nasdaq has scrapped plans for a cryptocurrency custody service amid recent regulatory challenges.
During an earnings call on Wednesday, Nasdaq CEO Adena Friedman said the company has chosen to abandon its plans due to the changing business and regulatory landscape in the United States....
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200+ Hong Kong Stores Accept Digital Yuan – China’s CBDC Goes Cross-border
20.7.2023
Over 200 Hong Kong stores now accept digital yuan payments, banks have claimed, as China looks to take its CBDC into the cross-border space.
The list of e-CNY-accepting vendors includes stores and outlets that cater predominantly to Mainland Chinese tourists.
Per Wen Wei Po Hong Kong,...
Business Travelers to Buy Tickets with Digital Yuan – China’s CBDC Takes to the Skies
20.7.2023
Chinese business travelers will be able to buy air tickets using the digital yuan, as the nation’s central bank digital currency (CBDC) pilot takes flight.
Per the China Civil Aviation Network, the commercial banking firm China Merchants Bank has co-launched an e-CNY platform with the Civil...
Dogecoin Price Prediction as DOGE Jumps 5% in Minutes After Musk Tweet – Is the Elon Effect Weakening?
19.7.2023
Dogecoin (DOGE) is trading around 3.5% higher in the past 24 hours, outperforming the likes of bitcoin (BTC) and ether (ETH), both of which are trading broadly flat.
The crypto market’s most valuable meme cryptocurrency, at least as measured by market capitalization, was last trading just above...
Stellar Price Prediction as XLM Rallies 24%, $700 Million Trading Volume Comes In - Where Next?
19.7.2023
Stellar Lumens (XLM), the cryptocurrency that powers the cross-border payments-focused Stellar Network, has regained its spot as the best-performing cryptocurrency in the top 100 by market capitalization over the last 24 hours, having rallied around 24% over this time period....
Read More: Stellar...
Arkham Token Public Sale on Binance Attracts 100,000 Participants, $2.5 Million Raised
19.7.2023
Binance has concluded its public sale of ARKM tokens on behalf of on-chain analytics provider Arkham Intelligence, bringing in almost $2.5 million worth of BNB, the exchange announced Tuesday.
In total, the sale raised 10,288 BNB tokens from 114,454 participants, the exchange said.
Each ARKM...
Crypto VC Investor Shima Capital Struggles to Establish Long-Term Partnership with Independent Auditor
19.7.2023
Shima Capital, a prominent venture fund in the crypto sector, has encountered challenges when seeking for a long-term independent auditor.
The VC firm, which has raised $200 million for its debut fund and invested in nearly 200 startups, has not undergone a formal audit since its launch in 2021...
Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe Generale-FORGE Gets First French Crypto Licence, Bitdeer Sits in 2nd-Highest Place in VanEck Crypto & Blockchain ETF
19.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe...
SEC Urged to Abandon Crypto 'Crusade' by Congressman Torres After Ripple Legal Battle
19.7.2023
Congressman Ritchie Torres has asked the US Securities and Exchange Commission to provide clear rules for crypto instead of “indiscriminately” treating the majority of crypto assets as securities under its purview.
On Tuesday, Torres penned an open letter to SEC Chairman Gary Gensler, expressing...
Bounty of $670 Placed on Information about Elon Musk's Crypto Wallet – Here's the Latest
19.7.2023
Someone has placed a $670 bounty on obtaining information about Elon Musk's crypto wallet.
The bounty was introduced on Arkham’s newly-launched “Intel Exchange” platform, which allows users to submit bounties in return for information about blockchain transactions.
The platform, which went live...