Category: Cryptocurrency

September 12, 2023 BY Elizabeth Anderson

Coinbase Prime introduces web3 wallet

The trading platform says the Coinbase Prime Web3 Wallet is part of the company’s continued commitment to harness cutting-edge technologies for its clients. On its website, it states:  We have always kept security and utility top of mind, and today marks another step in that evolution by providing institutional and enterprise clients a secure way…

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September 05, 2023 BY Elizabeth Anderson

Bybit harnessing the brainpower of AI chatbot

Through the integration of these AI abilities, TradeGPT uses real-time market data to perform analyses, make movement predictions, and answer technical questions. The Dubai-based cryptocurrency exchange is not the only one that employs ChatGPT for market insights.  Crypto.com has its own AI user assistant, Amy, launched in May 2023. Binance, arguably the world’s foremost crypto…

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August 24, 2023 BY Elizabeth Anderson

Tornado Cash founders charged with laundering +$1bn

A statement by the US Justice Department confirmed the arrest of Storm on Wednesday in Washington State. Semenov, a Russian national, remains at large. In a CBNC interview, the assistant director in charge of the FBI’s New York field office, James Smith, commented: We’re treating this like any other fugitive now. We’re working with law…

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SEC gets go-ahead to lodge partial appeal in Ripple case
August 18, 2023 BY Elizabeth Anderson

SEC gets go-ahead to lodge partial appeal in Ripple case

This decision essentially hobbled the SEC’s blanket control over cryptocurrency markets, which many believe need the same regulations as others, such as stocks and forex. The July ruling found that Ripple did not transgress securities laws when it made XRP, its signature cryptocurrency, available on exchanges. On Thursday, Judge Torres gave the SEC until Friday…

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Jacobi Asset Management lists Europe’s first spot Bitcoin ETF
August 17, 2023 BY Elizabeth Anderson

Jacobi Asset Management lists Europe’s first spot Bitcoin ETF on Euronext Amsterdam

Jacobi Asset Management (Jacobi) has listed Europe’s first spot Bitcoin ETF on Euronext Amsterdam. The Jacobi FT Wilshire Bitcoin ETF (the \"ETF\") represents the first decarbonised digital asset fund compliant with SFDR Article 8. Jacobi has implemented a verifiable built-in Renewable Energy Certificate (REC) solution which allows institutional investors to access the benefits of Bitcoin whilst also meeting…

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Binance seeks to curb SEC’s hunt for “fraud”
August 16, 2023 BY Elizabeth Anderson

Binance seeks to curb SEC’s hunt for “fraud”

BAM stated that the regulator’s requests for information were overly “broad” and “unduly burdensome”. In the motion for the protective order, the company stated: The Consent Order authorized “limited expedited discovery” on a narrow set of topics—namely, the custody, security, and availability of BAM customer assets. Instead of seeking “limited” discovery, the SEC has spent…

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Bankman-Fried jailed ahead of his October trial
August 14, 2023 BY Elizabeth Anderson

Bankman-Fried jailed ahead of October trial

Cuffed while being escorted from the Manhattan court, the FTX founder will await his October trial behind bars instead of the Palo Alto mansion of his parents. The judge’s decision came after Bankman-Fried gave the New York Times private papers belonging to Caroline Ellison, his former girlfriend and CEO of Alameda Research, a hedge fund…

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Bankman-Fried jailed ahead of his October trial
August 11, 2023 BY Elizabeth Anderson

Class action lawsuit filed against prominent VCs

This lawsuit details how the defendants, which include industry knowns such as Temasek, Sequoia Capital, and Sino Global, used their influence and financial standing to help launch FTX and enable the multibillion-dollar disaster that affected countless people. It also alleges that these VCs painted a false picture of FTX, based on supposed diligent vetting. Temasek…

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Rocky start to Worldcoin’s first week on the market
July 31, 2023 BY Alan Sayer

Rocky start to Worldcoin’s first week on the market

Co-founded by Open AI’s CEO, Sam Altman, this initiative aims to protect economic privacy while defining humans from AI entities. All people can get WLD – all they have to do is visit orbs presently located in certain cities throughout the world, identify themselves and scan their irises to verify personhood. By doing this, a…

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