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SEC's Appeal Request Against Ripple Rejected, Heads Towards a 2024 Trial
October 4, 2023
In the ongoing legal clash between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, Judge Analisa Torres has rejected SEC's motion to lodge an appeal against a previous …
Read moreFormer Celsius CEO Alex Mashinsky's Trial Set for September 2024
October 3, 2023
The criminal trial for former Celsius Network CEO, Alex Mashinsky, has been set to commence on 17th September 2024. Mashinsky, accused of multiple counts of fraud including securities fraud, commodities …
Read moreBinance Ends BUSD Borrowing and Staking; Will Phase Out Stablecoin by February 2024
October 3, 2023
Popular global cryptocurrency exchange, Binance, announced on October 3 that it is shutting down Binance USD (BUSD) borrowing and staking options by October 25, as part of a wider plan …
Read moreThe Impact Of AI In Various Fields, According To Experts
October 3, 2023
JPMorgan CEO Jamie Dimon has pronounced that artificial intelligence (AI) could be applied to 'every single process' of his firm’s operations, potentially replacing humans in certain roles. In an interview, …
Read moreBitcoin Set to Enter the Cosmos Ecosystem via Nomic Bridge Upgrade
October 3, 2023
The non-custodial Bitcoin (BTC) bridge Nomic is all set to facilitate the entry of Bitcoin into the Cosmos (ATOM) ecosystem. This move comes as part of a planned upgrade scheduled …
Read moreBinance Assists in Major Crypto Scam Crackdown by Royal Thai Police
October 3, 2023
Binance, a global leader in digital asset infrastructure services, has recently aided the Royal Thai Police in two major operations aimed at dismantling criminal networks involved in crypto scams. These …
Read moreKey Developments Ahead of Sam Bankman-Fried's Major Fraud Trial
October 3, 2023
Sam Bankman-Fried, commonly known as SBF, former CEO of the cryptocurrency exchange FTX, faces one of the most significant legal battles in the crypto industry. SBF is charged with executing …
Read moreFriend.Tech Security Under Scrutiny After $20M SIM-Swap Attacks
October 3, 2023
Friend.Tech users are facing security issues as several accounts have reportedly been compromised resulting in significant loss of funds through SIM-swap attacks and hacks. One victim, a user named Daren, …
Read moreHong Kong Could Act as Catalyst for East Asia's Crypto Sector, Reports Chainalysis
October 3, 2023
According to a recent report by blockchain analytics firm, Chainalysis, advancements in cryptocurrency activities in Hong Kong might serve as a potential stimulus for the East Asian region's lagging sector. …
Read moreSilvergate Bank's Collapse Attributed to Crypto-focus and Management Missteps, Autopsy By Fed Reveals
October 3, 2023
The former crypto-friendly Silvergate Bank that collapsed earlier this year, was reportedly led to its doom due to over-reliance on risky crypto deposits coupled with nepotism, resulting in ineffective management. …
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