The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models have vulnerabilities and risks that may negatively impact global financial stability. The FSB recommends a […]
Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line. According to its Q3 2023 earnings report released on Nov. 28, the company seeks to sell $148 million […]
ARK Invest, led by Cathie Wood, has sold $5.3 million worth of Coinbase (COIN) shares after COIN’s price surged following US litigation against Binance. On Monday, ARK Invest sold 43,956 shares from its ARK Fintech […]
On Monday, Ethereum creator Vitalik Buterin reflected on his own take on “techno-optimism,” inspired by Marc Andreessen, who opined about AI in his Techno-Optimist Manifesto in October. While Buterin agreed with Andreessen’s positive outlook, Buterin […]
Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether’s performance comes as the broader […]
Binance settled with the SEC and agreed to pay $4.3 billion. Changpeng Zhao also agreed to step down as the CEO and pay $50M. Memeinator continued with its token sale as it raised over $1.4 […]
For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world — like Dr Ben Goertzel’s Singularity.net — there are 100 coins like AI Doge that have simply wedged the […]
A one-year grace period for cryptocurrency exchanges operating in Hong Kong will remain in place despite recent scandals. According to local news reports on Nov. 27, Julia Leung, CEO of Hong Kong’s Securities and Futures […]
The window is closing faster than most investors realize. TradFi’s most prominent players have given crypto the green light with their Spot ETF applications, and now nation-states are adopting pro-crypto stances. Hold onto your hats […]
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