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SBF Trial Highlights: Sam Bankman-Fried Continues to Plead Not Guilty
November 1, 2023
The trial of Sam Bankman-Fried (SBF), the founder of FTX, is developing rapidly as he faces seven criminal charges that stem from the collapse of his crypto empire. The focus …
Read moreCircle Limits USDC Stablecoin Minting to Qualified Institutional Clients
November 1, 2023
Circle, the issuer of the USDC stablecoin, announced a change in its policies, stating that retail investors will no longer be able to mint the stablecoin directly through their platform. …
Read moreCrypto Monthly Wrap: Non-Profit's Entry into AI Services, Bitcoin's Ongoing Legacy, and More
November 1, 2023
Stellar Co-founder-Linked Non-Profit to Lease AI Computing Capacity on Cloud: Voltage Park, associated with Stellar co-founder Jed McCaleb's non-profit, invests $500 million acquiring 24,000 Nvidia H100 chips aimed to be …
Read moreAdvance Concept: Tether's Shift in Financial Strategy Revealed in Q3 Attestation
November 1, 2023
Tether Holdings Limited, the largest stablecoin issuer, recently released a Q3 attestation that showcases a shift in its financial strategy. As per the report independently verified by globally recognized accounting …
Read moreMicrosoft and Siemens Launch AI Copilot for Industrial Automation
November 1, 2023
Microsoft and Siemens have partnered to create an AI-powered assistant to enhance productivity in industrial enterprises, called the Siemens Industrial Copilot. The novel tool is designed to boost human-machine collaboration …
Read moreTether Reports Record High Cash Equivalents and Decrease in Loans in Q3 Attestation
October 31, 2023
Tether Holdings Limited's Q3 attestation report reveals a remarkable 85.7% of total reserves held as cash and cash equivalent (C&Ceq), depicted as the highest-ever figure for cash equivalents in the …
Read moreUS Court Dismisses Most Claims in Artists' Copyright Infringement Case Against AI Firms
October 31, 2023
A class-action copyright lawsuit lodged against AI firms by artists has been largely dismissed due to lack of evidence by a US judge. The case accused generative AI image service …
Read moreBillionaire Investor Druckenmiller praises Bitcoin as a Brand
October 31, 2023
Billionaire investor Stanley Druckenmiller has openly admired Bitcoin's growth into a recognized brand and investment vehicle over the past 17 years. Though not owning any Bitcoin currently, he appreciates its …
Read moreFTX's Sam Bankman-Fried Faces Intense Scrutiny in Fraud Trial
October 31, 2023
High-stakes cryptocurrency fraud trial entered Week 5, with FTX CEO Sam Bankman-Fried (SBF) returning to the witness stand for an intense cross-examination. Defense lawyer Mark Cohen delved into SBF’s responsibilities …
Read moreUnibot Contract Breach Results in Over $560K Loss
October 31, 2023
Unibot, a popular Telegram bot used for trading on popular decentralized exchange Uniswap, recently suffered a contract approval exploit resulting in a loss of about $560,000 in various memcoins from …
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