Search results: ai

The last time Bitcoin transaction fees were this high was on June 6.

Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.

The central bank expects to release the final set of regulations by 2025.

Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

Hong Kong is charging ahead in its digital currency initiatives, but more must be done to address the e-HKD’s environmental impact and security concerns.

Bitcoin was trading above US$34,000, as the decreasing job creation in the U.S. fueled hopes of another interest rate pause.

SBF is found guilty of fraud, Hong Kong hosts Fintech Week, Neo advances Web3, Backpack launches NFT exchange, and more.

The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.

Bankman-Fried’s sentencing hearing is scheduled for March 28, 2024.

PayPal said that it is collaborating with the SEC’s request.

The new ETF will offer investors short exposure to Ether.

The registration enables PayPal to advertise its crypto services to U.K. customers.

Tether extends US$610 million loan to boost Northern Data’s AI and Bitcoin mining operations.

Bankman-Fried trial nears end: defense claims good faith as prosecution alleges misuse of funds.

October sees NFT resurgence with US$300 million in sales despite negative trade profits; SoFi platforms face challenges amid financial scrutiny.

Often dismissed as coincidence, October has once again produced an upswing in the crypto market, with excitement around a potential U.S. spot Bitcoin ETF to thank for this year’s ‘Uptober.’

Prosecutors pointed out inconsistencies in Bankman-Fried’s public statements before FTX collapsed in a four-hour grilling.

The MAS said that its previous tokenization pilots demonstrated great potential benefits of the technology.

The U.K. intends to introduce rules on fiat-backed stablecoins in early 2024, according to the government’s latest cryptocurrency policy update published on Monday.  See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast Facts See related article: Blockchain tech in Thailand gets boost from new pro-crypto lead

The move is part of an Asia Pacific expansion effort by the cryptocurrency custodian.

Platforms like Facebook, Reddit and the hot mess formerly known as Twitter are alienating users like never before. ‘Web3 doesn’t let you be a dick and get away with it,’ writes Joonatan Lintala, CEO of Phaver.

FTX founder Sam Bankman-Fried denied defrauding anyone as he took to the stand in his criminal trial.

In a rare move, Judge Lewis Kaplan sent the jury home early so he can decide what is and isn’t admissible in FTX founder Sam Bankman-Fried’s testimony.

Mastercard’s potential tie up with custody service providers may turbocharge crypto wallets’ growth with its global payments prowess.

Amid Bitcoin’s ‘Uptober’ surge and Friend.tech’s security concerns, traders pivot back to NFTs, spurred by Blur’s rewards end date and potential Bitcoin ETF approvals.

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?

To quell the uproar over the imminent death of a popular rewards program, Reddit is blaming ‘scalability’ and regulatory woes. But the real culprit is Reddit itself for failing to make its tokens sustainable, writes Fabio Galbi, CEO of VSC.

Binance hits back at CFTC, stating U.S. laws can’t police global crypto operations; claims Binance.US operates separately.

As Bitcoin breaks past $35,000, optimism brews in the crypto market. Is this the end of the prolonged ‘crypto winter’ investors have dreaded?

Astar Network and Startale Labs partner with Japanese telecom giant KDDI to boost Web3 adoption.

PBOC to crack down on crypto speculation, as Hong Kong restricts access to certain “complex” virtual asset products.

Coins.ph, a cryptocurrency exchange based in the Philippines with millions of users, appeared to have lost 12.2 million XRP tokens, The Block reported on Friday.

The pillars of Wall Street are muscling their way into crypto and decentralized finance. Who stands to benefit the most?

Bitcoin gained over 10% this past week, boosted by Grayscale’s renewed spot Bitcoin ETF application.

Binance announced it has secured new fiat partners for euro services after its former partner cut ties with the exchange last month.

LBRY issued a final goodbye to the crypto community before winding down operations.

Grayscale said that its fund is ready to operate as an ETF upon regulatory approval.

The lawsuit alleges that the companies defrauded over 230,000 investors.

Wallet Wars, a Space Invaders-inspired game with a Web3 twist: upgradeable NFT spaceships.”

Coinbase said that the regulatory clarity MiCA provides to the industry is “hugely welcome.”

Top blockchain and crypto news: Is Japan a new frontier for Binance? AI art sweeps NFT sales. ETF buzz electrifies Bitcoin.

Taproot Assets will “accelerate the process of bringing Bitcoin to those billions of people,” according to Lightning Labs.

The central bank said that the preparation phase is not a decision on the issuance of a digital euro.

The U.S. takes action against 10 Hamas-linked entities, including Gaza-based money transfer business and crypto exchange Buy Cash.

The survey aimed to measure the public attitude towards virtual asset investments, following the JPEX incident.

SUI fell to a new all-time low on Wednesday following supply manipulation allegations, which the Sui Foundation denies.

The new data sharing rules will go into effect 20 days after their publication in the Official Journal.

The plight of the Philippines — which has a high rate of crypto adoption but is also plagued by fraud — offers a window into why the industry’s ‘do your own research’ mantra isn’t enough.

Nishad Singh testified he bought a house a month before FTX’s collapse despite learning of the exchange’s misuse of customer funds weeks prior.

As the NFT tide shifts, traders seek new horizons. While Blur and OpenSea grapple with change, SoFi and fractionalized assets emerge as the next big wave.

Israeli police requested information on 200 additional crypto accounts.

Users can still withdraw cryptocurrencies, according to the exchange’s updated terms of use.

Correction: This article originally stated that the XRP cryptocurrency is available for in-game payments in Roblox and Smite through the payment processor BitPay. Roblox has denied the report and BitPay has since deleted its announcement on X. Roblox, a popular online game with an average of 65.5 million daily active users, has denied claims that […]

Few tokens and too many exchanges are a bad recipe for Japan’s smaller crypto trading houses. The experts say there’s room for up to five only. So what happens to the little guy now that the world’s largest exchange Binance has rolled back into town?

OSL’s parent firm said investors should exercise caution due to the “unusual movement” in the company’s stock price.

The exchange added that it will also stop releasing new products and services in the country.

Bitcoin briefly spiked to US$29,388 after the fake post, before tracing back the gains.

FTX co-founder Nishad Singh testified on Bankman-Fried’s “excessive” spending including political donations coordinated in a group chat titled “Donations Processing.”

Inside the world’s largest crypto exchange’s annus horribilis.

The luxury car maker said it started accepting crypto payments due to popular demand from its crypto investor customers.

A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.

Singapore’s major payment institution license will enable Upbit to continue offering regulated digital asset services while awaiting its full license.

The Australian Department of the Treasury said it will accept feedback on the draft bill by December.

Ardoino takes Tether’s helm after serving as the USDT stablecoin issuer’s chief technical officer since 2017.

Crypto is “part of the future,” said Melissa Wisner, vice president of crypto risk at Ciphertrace, during her panel discussion at D3 Bahamas.

Bitcoin was subdued by the mounting geopolitical concerns around Israel’s war with Hamas and the ongoing FTX lawsuit.

Alameda Research reportedly did not know about the misuse of FTX user deposits until last November.

The research firm said that on-chain data point toward Russian hackers, instead of the previously-suspected North Korean Lazarus Group.

With the U.S. CPI holding steady and predictions favoring unchanged Fed rates, Bitcoin remains resilient.

The DCJPY could play a central role in the future’s currency system, according to DeCurret Holdings.