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Tether Reports Record High Cash Equivalents and Decrease in Loans in Q3 Attestation
October 31, 2023
Tether Holdings Limited's Q3 attestation report reveals a remarkable 85.7% of total reserves held as cash and cash equivalent (C&Ceq), depicted as the highest-ever figure for cash equivalents in the …
Read moreUS Court Dismisses Most Claims in Artists' Copyright Infringement Case Against AI Firms
October 31, 2023
A class-action copyright lawsuit lodged against AI firms by artists has been largely dismissed due to lack of evidence by a US judge. The case accused generative AI image service …
Read moreBillionaire Investor Druckenmiller praises Bitcoin as a Brand
October 31, 2023
Billionaire investor Stanley Druckenmiller has openly admired Bitcoin's growth into a recognized brand and investment vehicle over the past 17 years. Though not owning any Bitcoin currently, he appreciates its …
Read moreFTX's Sam Bankman-Fried Faces Intense Scrutiny in Fraud Trial
October 31, 2023
High-stakes cryptocurrency fraud trial entered Week 5, with FTX CEO Sam Bankman-Fried (SBF) returning to the witness stand for an intense cross-examination. Defense lawyer Mark Cohen delved into SBF’s responsibilities …
Read moreUnibot Contract Breach Results in Over $560K Loss
October 31, 2023
Unibot, a popular Telegram bot used for trading on popular decentralized exchange Uniswap, recently suffered a contract approval exploit resulting in a loss of about $560,000 in various memcoins from …
Read moreCrypto News Roundup: Terraform Labs Fights Lawsuit, Bitcoin ETF Debates and Miner Concerns
October 31, 2023
The co-founder of the collapsed Terraform ecosystem, Do Kwon, has requested a United States district judge to reject the securities and fraud suit from the federal securities regulator. In an …
Read moreCelebrating 15 Years of Bitcoin's White Paper: A Look at Its Legacy and Future
October 31, 2023
The legacy of cryptocurrency giant, Bitcoin, continues to expand as it marks the 15th anniversary of its foundational white paper. This iconic peer-to-peer electronic cash system, put forth by Satoshi …
Read moreStellar Co-founder-Linked Non-Profit to Lease AI Computing Capacity on Cloud
October 31, 2023
Voltage Park, a startup associated with Stellar co-founder Jed McCaleb's non-profit, Navigation Fund, has made a substantial investment in AI chips. The company has acquired 24,000 Nvidia H100 chips, bearing …
Read moreHong Kong's CBDC Future Uncertain After Pilot Program, Further Study Required: Central Bank
October 30, 2023
The Hong Kong Monetary Authority (HKMA) has concluded its pilot project for the electronic Hong Kong Dollar (e-HKD), the potential retail Central Bank Digital Currency (CBDC). After the first phase, …
Read moreTerraform Labs and Do Kwon Push For Early Dismissal of SEC Lawsuit
October 30, 2023
Co-founder of Terraform Labs, Do Kwon, and the company itself are seeking an early dismissal of a fraud lawsuit filed by the U.S. Securities and Exchange Commission (SEC). They have …
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