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Softbank Looking to Invest Billions in AI After Pausing Crypto Investments


Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...

Crypto Analyst Predicts Market is Gearing Up For a Bull Run


Crypto analyst Jason Pizzino has suggested that the cryptocurrency market is on the cusp of a bull run.  In a recent YouTube video, Pizzino claimed that the market is showing strength and potential for growth similar to previous cycles. "This is the beginning of a bull market just like...

NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit


Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional activities for the now-defunct cryptocurrency exchange FTX.  While the exact terms of the settlements have not been...

Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors


Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...

Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers


Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...

South Korean Regulators Eye OTC Crypto Regulation


South Korean regulators look set to turn their attention to the over-the-counter (OTC) crypto market, with indications regulation could be on its way. The nation has moved to shore up its regulatory system this year in the wake of the so-called “Terra-Luna scandal,” which left thousands...

FTX Restores Full Access to Claims Portal After Cybersecurity Breach


The portal allowing FTX customers to file claims with the bankrupt cryptocurrency exchange is again fully operational after a recent security incident. User accounts that were affected by the breach in August have been unfrozen, the failed crypto trading company announced. Crypto Exchange FTX...

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity


The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached $11.55 billion. Stablecoin Market Shows Resilience...

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