Binance is at a decisive crossroads. With major regulatory challenges and growing mistrust, a new captain comes aboard the platform, Richard Teng. But the big question remains: will he be able to navigate these troubled waters and regain lost trust? Let's embark together to explore this saga worthy of a financial thriller.
Elon Musk has spoken about recent developments involving OpenAI, the company behind ChatGPT. The CEO of Space X expressed deep concern about the company's advances in artificial intelligence. He believes that these advancements further exacerbate the existential threats that this technology poses to humanity.
Ether goes green again! Rekindling investors' hopes after a brief dip below $2,000 last week. ETH whales have contributed to this rebound, some analysts believe.
In the turmoil of the Binance affair, its founder CZ finally breaks his silence. He asserts his mental stability despite legal challenges. And of course, this unexpected statement is not without repercussions.
The AI company OpenAI regains stability under the leadership of Sam Altman. He even comes back with a new board of directors.
The crypto universe is reaching a significant milestone. The involvement of financial giants like BlackRock and Vanguard, as well as the recent statement from Hester Peirce, a commissioner at the SEC, signal a decisive turning point. Let's take a closer look at these developments and their implications for the future of crypto.
A judge has allowed CZ, the former CEO of Binance, to reside in the UAE awaiting his sentence. A decision that will influence the future of crypto!
Is the trend towards de-dollarization exaggerated? Is the petrodollar system coming to an end? Will the BRICS go all the way?
While the cryptocurrency market eagerly awaits the approval of a Bitcoin Spot ETF by the SEC, Grayscale Investments seems to be on the right track to achieve the holy grail. Its meeting with US regulators yesterday brings the digital asset manager closer to its goal.
In the enigmatic world of crypto, price manipulation is not just an art; it's a science. With the recent controversy surrounding dYdX and YFI, the veil has been lifted on an often hidden reality: astronomical profits can be generated by those who master the strings of this manipulation. Let's dive into the abyss of this manipulation and discover how, through skillful moves, millions can be harvested by playing on the strings of crypto.
Is Bitcoin poised to break through the $40,000 barrier? Or even more? For now, it's peaking at $37,000, a level it hasn't seen since May 2022. But in the meantime, here is another performance that deserves your full attention.
The American digital giant is regularly in the spotlight. The issue is its methods deemed unfair to stifle, or even eliminate, any competition. This comes at the expense of users who pay a high price. This is the essence of the collective legal action taken against the company, specifically regarding the use of cryptocurrencies as a P2P payment method.
A recent report from the Basel Committee on Banking Supervision (BCBS) reveals that 19 major banks have heavily invested in crypto, amounting to 9.4 billion euros, with a strong presence of Ripple alongside Bitcoin and Ethereum giants.
Javier Milei, elected during economic turmoil in Argentina, claims to embody anarcho-capitalism and professes to be a bitcoin enthusiast. However, behind this facade lies a character with radical ideas, far from the cherished principles of freedom by Satoshi Nakamoto. His victory raises concerns, not only for Argentinians but also for the image of Bitcoin, associated with aggressive rhetoric and a dangerous economic agenda.
Binance is currently experiencing a challenging period in the United States. According to the latest information from Bloomberg, the US Department of Justice is reportedly seeking $4 billion from the Exchange to settle its investigation into allegations of money laundering and other alleged illegal activities.
A recent survey conducted by the Autorité des marchés financiers (AMF) reveals a growing preference among French people for cryptocurrencies compared to stocks and ETFs. Currently, 9% of French adults hold cryptocurrencies, compared to 7% in stocks and 2% in ETFs. This trend is particularly pronounced among young people, with 31% of them open to being paid in cryptocurrencies. The impact of the pandemic has played a role in this shift in investment preference. Additionally, 24% of French adults invest in various financial instruments, and over 10% are turning to real estate funds.
The Solana DeFi ecosystem is currently experiencing exponential growth. In the space of just one week, transaction volumes on Solana-based decentralized exchanges (DEX) have surged by 54%, reaching a record high of 3 billion dollars.
Sam Altman is no longer the CEO of OpenAI, the firm behind the ChatGPT conversational tool. An opportunity of a lifetime for Charles Hoskinson, the CEO of the crypto company Cardano, who has made an enticing proposal to Sam Altman. One that involves creating a Large Language Model (LLM) that operates in a decentralized manner.
The potential link between the crypto firm Binance and terrorism financing is still stirring reactions. Specifically in the United States, where Congress has called on the federal administration to shed light on this allegation. This is to be done by openly addressing certain aspects of this issue.
There's something new with Ethereum. In due time, the account abstraction related to rollups on the world's most popular blockchain will become effective. Let's dive in !
Ripple, the crypto platform behind XRP, is committed to the tokenization of several assets. Among these are fungible tokens, stablecoins, and central bank digital currencies (CBDC). The latest news is that the XRP Ledger (XRPL), the decentralized public blockchain that Ripple operates for XRP issuance, is making progress. It is venturing into the tokenization of real assets, positioning Ripple as a key player in decentralized finance and the blockchain ecosystem.
In recent weeks, statistics reveal a strong enthusiasm from institutional investors for Bitcoin. This week, Bitcoin whales have broken the annual record for the amount of BTC held. Yet, exactly one year ago - November 11, 2022 - they all suffered the consequences of the collapse of the FTX crypto exchange. What justifies this rapid and massive accumulation of BTC just a few weeks before the end of 2023?
Kristalina Georgieva actively supports CBDC. She sees these digital currencies as a promising alternative to physical cash.
The crypto community is eagerly awaiting the approval, by the Securities and Exchange Commission (SEC), of several ETFs, including potentially the first Bitcoin ETF in cash. Regarding the latter, for example, analysts have suggested that a decision should be made by January 2024. The SEC has postponed its decision.
Following the recent attacks funded by Hamas through crypto, European lawmakers are considering tightening regulations by imposing identity verifications for all cryptocurrency transactions, even those below €1,000.
Exactly one week ago, financial giant BlackRock filed for registration of the iShares Ethereum Trust, the proposed ethereum (ETH) cash ETF. The news caught the attention of crypto analysts as it suggested the upcoming filing of an Ethereum ETF application with the SEC. That has now been done.
The SEC has lost and will continue to lose lawsuits, celebrates Ripple's lawyer.
Yesterday, crypto firm Binance and the SEC jointly filed a lawsuit seeking a restraining order. The judge outright rejected the request. Here are the reasons given by Judge Amy Berman Jackson, who ruled on the case.
Discover the buzz around XRP crypto and BlackRock: speculations, blurry links, and legal risks. The details!
Despite the cheers, the fact is that inflation continues to erode Americans' savings. Much more than what official figures suggest.