OpenAI, the American AI research powerhouse, has unveiled its latest model, OpenAI o1. Internally dubbed the “Strawberry” project, this AI breakthrough is designed to “think” before tackling complex problems. The...
A Nigerian court has ordered the freezing of N548.6 million ($716,000) belonging to suspected crypto users on platforms like Bybit and KuCoin. The order, secured by Nigeria’s anti-corruption agency, the...
Consumer advocacy group Consumer’s Research issued a warning to stablecoin issuer Tether in a report released on September 12. The report alleges that Tether lacks transparency around its USD reserves,...
Bitcoin experienced a sharp drop after the U.S. presidential candidates’ debate and a shift in the betting markets. As VP Kamala Harris’ odds on Polymarket climbed to 56%, surpassing Donald...
Coinbase and its chief legal officer, Paul Grewal, have been investigating the US SEC and FDIC’s actions towards the crypto industry. James Murphy, a prominent crypto voice known on X...
Ethereum founder Vitalik Buterin has declared his intention to concentrate on more mature Layer 2 (L2) projects starting next year. In an X post on September 12, he stated that...
Brazilian neobank Nubank has made the decision to halt trading services for its native cryptocurrency, Nucoin. The platform announced that buying and selling the token will be permanently suspended within...
British multinational bank Standard Chartered has unveiled its crypto custody services in the UAE, licensed by the Dubai Financial Services Authority. The bank’s offering, announced on Tuesday, allows institutional clients...
Taiwan’s exports surged to an all-time high of $44 billion in August, driven by robust demand for AI chips and hardware, offsetting weaker demand from China. The country’s exports to...
The FBI’s Internet Crime Complaint Center has released a sobering statistic: Americans reported a staggering $5.6 billion in losses due to crypto fraud in 2023. This represents a 45% increase...
Early Ethereum adviser Steven Nerayoff is suing law firm Covington & Burling seeking $100 million in damages, claiming they botched his defense in a 2019 extortion case. The lawsuit, filed...
Ripple’s Chief Technology Officer, David Schwartz, has confirmed that the much-anticipated stablecoin RLUSD will initially be exclusively available to institutions. This news comes ahead of regulatory approval and the official...
Recent reports offer a glimmer of hope to the crypto community, which has been navigating a turbulent market. A new Bloomberg report highlights the growing correlation between crypto and equities,...
The U.S. Federal Reserve has ordered United Texas Bank to halt operations, citing concerns about its risk management and crypto dealings. This move has sparked a debate about the government’s...
India’s crypto market may soon welcome more global exchanges, signaling a potential expansion beyond current players like Binance and KuCoin, that have most recently gained approval. Reports suggest that India’s...
Robinhood Markets’ crypto arm settled with the State of California for $3.9 million, resolving allegations that the platform halted crypto withdrawals for almost four years. This marks the California Department...
XRP’s price stayed flat despite Ripple’s upcoming RLUSD stablecoin launch and XRPL smart contract integration, sparking debate within the community. While the Ripple community anticipates these advancements, XRP advocate Bill...
Samsung Next, the investment arm of Samsung, has invested in Startale Labs, a web3 infrastructure development company. This move comes on the heels of Startale Labs’ strategic collaboration with Sony...
Mark Karpeles, formerly at the helm of the now-defunct crypto exchange Mt. Gox, is set to launch a new crypto platform, EllipX, in Europe, with its base in Poland. Speaking...
The US Federal Bureau of Investigation (FBI) has issued a warning about North Korean hackers’ latest attempts to steal crypto from crypto exchanges, DeFi, and ETF issuers. The agency says...
A distressing video has surfaced showing Binance executive Tigran Gambaryan, detained in Nigeria since February, struggling to enter an Abuja courtroom for his money laundering trial. The footage shows Gambaryan...
Japanese financial giant SBI Holdings’ crypto division, SBI VC Trade, is partnering with investment firm Metaplanet to boost Metaplanet’s Bitcoin holdings. Announced on September 2, 2024, the collaboration will support...
Cardano founder Charles Hoskinson is not taking criticism lying down. He recently fired back on X (formerly Twitter) at SynthLuvr, founder of blockchain interoperability platform Mynth, who questioned Hoskinson’s role...
Presidential candidate Donald Trump’s goal to make America the ‘crypto capital’ is back in the spotlight again. In an X post on Thursday, Trump hinted at a strategic plan that...
Tech mogul Elon Musk and his company, Tesla, secured a significant win in a lawsuit that accused them of defrauding investors by manipulating the value of Dogecoin (DOGE). On August...