Nynu V Jamal
FTX Secures $228M Settlement with Bybit in Bankruptcy Case
The bankrupt crypto exchange FTX announced a $228 million settlement with Bybit on October 24th, ending a prolonged lawsuit that aimed to recover funds. A legal filing shows the settlement...
OpenAI’s Orion: Next-Gen AI Model to Launch on Microsoft Azure by December 2025
OpenAI is preparing to launch its new flagship AI model, Orion, by December 2025. Orion will be the successor to GPT-4, marking OpenAI’s two-year milestone. However, it is unclear whether...
With “Bitcoin Rights” Bill Passed, Coinbase’s Armstrong Endorses David McCormick for Pennsylvania Senate
Coinbase CEO Brian Armstrong has publicly endorsed David McCormick, the Republican Senate candidate running for a seat in Pennsylvania. Armstrong’s strong support for McCormick aligns with Pennsylvania’s recent passage of...
South Korea to Tighten Oversight of Cross-Border Crypto Transactions Starting Next Year
South Korea will soon regulate cross-border crypto transactions, with new rules taking effect in Q2 2025. These stricter regulations, which require pre-reporting of cross-border crypto transactions, aim to prevent tax...
India Might Ban Bitcoin and Ether to Boost its CBDC
The Indian government is exploring a ban on privately-operated cryptocurrencies like Bitcoin and Ether. As part of the country’s digital finance plans, India intends to promote its central bank digital...
South Korea Mulls Free Market Approach for Crypto Interest Rates
Lee Bok-hyun, Governor of South Korea’s Financial Supervisory Service (FSS), suggested the country may adopt a free market approach to crypto. During a parliamentary audit, the governor addressed concerns about...
Buterin and RISC Zero CEO Discuss Ethereum’s ZK-Powered Future
Vitalik Buterin’s blog post on the future of Ethereum has generated enthusiastic discussions in the blockchain community. Jeremy Bruestle, CEO and co-founder of RISC Zero, a zero-knowledge verifiable general computing...
Trump’s Election Odds Propel Crypto Market, Bitcoin Stays Stagnant
The global crypto market is rising as former President Donald Trump’s election odds increase against VP Kamala Harris. While Bitcoin stays relatively stable, economist Peter Schiff noted that Bitcoin is...
Saylor vs. Buterin: Debate Erupts Over Bitcoin Self-Custody
MicroStrategy CEO Michael Saylor sparked a strong reaction with his comments on Bitcoin self-custody and the risk of government seizures. Industry leaders like Vitalik Buterin openly disagreed with Saylor, whose...
Indonesia’s Bappebti Gives Crypto Exchanges More Time for PFAK License
Indonesia’s Commodity Futures Trading Regulatory Agency, Bappebti, has given domestic cryptocurrency exchanges until late November 2024 to meet the requirements for getting a Physical Crypto Asset Traders (PFAK) license. The...
Metaplanet “Asia’s Microstrategy” Raises 10 Billion Yen to Boost Bitcoin Holdings
Japan’s investment firm Metaplanet has wrapped up its 11th Stock Acquisition Rights exercise period. CEO Simon Gerovich announced on X that the company achieved a 72.8% exercise rate with 13,774...
NFP Token Plunge: Coinone Disputes Hack Claim, Launches Probe
Coinone, a South Korean crypto exchange, has brought in local and Canadian law firms to investigate the NFPrompt (NFP) token dispute. In March, Coinone’s NFP price plummeted 70%, while prices...
Key Economic Data to Influence Crypto Market This Week
Key economic data releases this week, including housing market figures and jobless claims, are expected to influence the crypto market. With Bitcoin hovering around $68,000 and Ethereum at $2,700, traders...
Polkadot’s 2.0 Upgrade to Bring Elastic Scaling and 64-bit PVM
At the recent Polkadot Fellowship meeting, Dr. Gavin Wood, creator of Polkadot and Kusama, revealed significant advancements in the Join-Accumulate Machine (JAM). Version 0.4 of the JAM gray paper now...
Analyst Calls Crypto Market an “Echo Chamber”: Here is Why
The current market sentiment, with Bitcoin trailing towards its all-time high of $73k, industry experts and analysts speculate a bullish trend emerging. However, analyst Matthew Hyland cautions that the prevailing...
Binance Expands Mobile Money Payments To Six African Countries
Binance has expanded its services in West and Central Africa, extending its mobile money payments to six countries, including Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo, Togo, and...
Stablecoin Regulation Heats Up: Lawmakers Push for Guardrails
Federal Reserve Governor and former FOMC member Christopher Waller compared decentralized finance (DeFi) with centralized finance (CeFi), asserting that the former cannot completely replace the latter. At the Vienna Macroeconomics...
Trump’s WLFI Token Flop: Only 4.24% Sold, Tech Issues Rampant
Donald Trump’s World Liberty Financial (WLFI) token has underperformed despite the initial hype. A significant amount of the token remained unsold, with only 4.24% sold on the first day. The...
SEC Appeals XRP Ruling, But Not Its Non-Security Status
The Securities and Exchange Commission (SEC) has filed a late appeal against the XRP ruling. Despite the delay, the SEC submitted Form C to the U.S. Court of Appeals for...
a16z Report: Crypto Adoption Surges, Blockchain Interactions Hit Record High
Venture capital firm Andreessen Horowitz (a16z) released its latest State of Crypto report, which shows a significant increase in cryptocurrency adoption and usage. The report also highlighted a record high...
Отчет a16z: рост принятия криптовалют, взаимодействие блокчейнов достигло рекордно высокого уровня
Венчурная компания Andreessen Horowitz (a16z) опубликовала свой последний отчет State of Crypto, который показывает значительный рост внедрения и использования криптовалют. В отчете также подчеркивается рекордно высокий уровень взаимодействия с блокчейнами:...
South Korea to Investigate AVAIL Altcoin Over Price Manipulation Concerns
The South Korean National Assembly is reportedly planning a detailed investigation into the altcoin AVAIL over price manipulation concerns. Democratic Party of Korea lawmaker Min Byeong-deok plans to call the...
Bitwise Files Updated XRP ETF Registration With the SEC
Asset manager Bitwise filed an updated S-1 registration statement for its XRP exchange-traded fund (ETF) on October 16. The revised statement provides more details on the trust’s structure, asset custody,...
Bitcoin, Ether Dominate $7.5M in Trump PAC Crypto Donations
Trump PAC, a political action committee formed by former President Donald Trump, has raised about $7.5 million in cryptocurrency, including Bitcoin, Ether, XRP, Tether, and USDC. According to a Federal...
Bitfinex Hacker Faces 5 Years, Prosecutors Seek to Deter Crypto Crime
US prosecutors have recommended a five-year prison sentence for Ilya Lichtenstein, who pleaded guilty to a money-laundering conspiracy related to the $6 billion Bitfinex hack. They believe Lichtenstein reflects a...
