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Tether's Real-Time Reserve Transparency Plans for 2024
October 20, 2023
Stablecoin issuer, Tether has disclosed plans to enhance the transparency of its reserve data by the year 2024. The incoming CEO, Paolo Ardoino, expressed that the company intends to begin …
Read moreDecentralization Can Alleviate Risks of Artificial General Intelligence, Proposes SingularityNET COO
October 20, 2023
Blockchain technology and decentralization could be the solution to looming risks associated with the development of artificial general intelligence (AGI), according to Janet Adams, COO of SingularityNET. AGI, a conceptual …
Read moreFTX Founder Sam Bankman-Fried Faces Trial Over Fund Misuse Allegations
October 20, 2023
FTX founder Sam Bankman-Fried (SBF) is facing a trial over allegations of misuse of customer funds, based on surprising revelations made during the final day of his trial by the …
Read moreWeb3 Metaverse App, Upland Raises $7M Funding for AI Expansion and Spark Token Listing
October 20, 2023
Web3 metaverse application, Upland, has successfully garnered an additional $7 million in its extended Series A funding round. With this investment, Upland's total fund pool amounts to $25 million, including …
Read moreLBRY Shutters Operations Amidst SEC Lawsuit and Debt
October 20, 2023
Noted blockchain developer LBRY Inc., known for creating the LBRY blockchain, has halted operations and conceded defeat in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The …
Read moreU.S. Spot Bitcoin ETF Likely to Be Approved Soon: Market Buzz
October 20, 2023
Cryptocurrency market is gaining momentum with the anticipation of the approval of a U.S. spot Bitcoin ETF, highlighted by the recent surge in Bitcoin's value nearing the $30,000 mark. The …
Read moreSEC Gains Default Judgment Against Thor Technologies and David Chin
October 20, 2023
A recent legal battle has ended in a setback for crypto firm Thor Technologies and its founder, David Chin. The US Securities and Exchange Commission (SEC) has voice a victory …
Read moreConsenSys Founder Joseph Lubin Sued by Ex-Employees over Equity Deal
October 20, 2023
More than two dozen former employees of Ethereum infrastructure firm ConsenSys have filed a lawsuit against the firm's founder and CEO, Joseph Lubin, claiming he violated a 'no-dilution' promise made …
Read moreMultiversX and Google Cloud Join Forces to Propagate Web3 Adoption
October 20, 2023
In an effort to revolutionize the integration of Artificial Intelligence (AI) and big data in the Web3 sector, smart contract platform MultiversX has announced a strategic partnership with Google Cloud. …
Read moreXRP Surges Following Dropped SEC Charges, Gains Momentum Over $0.50
October 20, 2023
After the SEC dropped its case against Ripple's executives, XRP rallied, registering a 6.5% single-day rise and a move beyond the $0.50 resistance level. This marked the highest single-day percentage …
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