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Bankrupt Crypto Lender Genesis Seeks Court Approval for 3AC Settlement

November 10, 2023

Genesis, a bankrupt cryptocurrency lender, is seeking court approval for a proposed settlement agreement with the collapsed crypto hedge fund, Three Arrows Capital (3AC). According to the filed documents, Genesis …

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Poloniex Cryptocurrency Exchange Hit by a $100 Million Theft

November 10, 2023

Over $100 million in digital assets have been stolen from cryptocurrency exchange Poloniex, according to blockchain security firms. Justin Sun, the exchange's owner, has offered a 5% bounty to the …

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JPMorgan Incorporates Programmable Payments Service to JPM Coin

November 10, 2023

The eminent financial institution, JPMorgan, has implemented a revolutionary feature to their established JPM Coin. This upgrade allows for automated fund transfers and has already found practical use by distinguished …

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Humane Introduces Innovative AI-Powered Wearable Pin

November 10, 2023

AI startup Humane has unveiled a highly advanced, wearable AI virtual assistant known as AI Pin. This lapel pin-style device allows users to tap and interact with a virtual AI …

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Ethereum Experiences Increased Gas Fees amidst BTC ETF Filing and Price Surge

November 10, 2023

Constant changes in gas fee prices are a subject of concern for the Ethereum community lately. Notably, the Ethereum network has reported gas fees as high as $200 for specific …

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Bitcoin Trading Fervor Boosts Open Interest; CME Surpasses Binance

November 10, 2023

Data reveals an increase in Bitcoin futures open interest, marking a substantial positive shift in the crypto market. The shift indicates a soaring interest in Bitcoin trading contracts with a …

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EU Parliament Votes in Favor of Data Act Featuring Smart Contract Kill Switch

November 10, 2023

The European Parliament has voted in favor of the controversial Data Act, which encompasses a clause that may necessitate the installation of 'kill switches' on smart contracts. The Act was …

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Learn Advanced Crypto Concept: Insights into the Relaunch and Regulatory Oversight of Crypto Exchanges

November 10, 2023

It's common knowledge that the operations of a cryptocurrency exchange can significantly influence the value of respective tokens. A classic example is the case of the FTX Exchange. The abrupt …

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Standard Chartered and SBI Holdings to Establish Crypto Investment Firm

November 9, 2023

Standard Chartered's fintech investment arm, SC Ventures, in partnership with Japanese financial conglomerate SBI Holdings, has announced the establishment of a 'Digital Asset Joint Venture' investment company in the United …

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Bankrupt Crypto Lender Celsius Network to Re-emerge After Court Approval

November 9, 2023

The bankrupted cryptocurrency lending firm, Celsius Network, has been approved to exit bankruptcy with a recovery plan. According to official court documents, Celsius has won approval from the bankruptcy court …

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