Author: Victor
Japan’s First Digital Securities to Start Trading on Osaka Exchange
Japan’s first digital securities will start trading on Dec. 25 on Osaka Digital Exchange, a new platform backed by SBI Holdings Inc. and Sumitomo Mitsui…
Microsoft hires ousted OpenAI leaders to head new AI unit
Microsoft has announced that it has hired Sam Altman and Greg Brockman, the former CEO and president of OpenAI, to lead a new advanced AI…
Sam Bankman-Fried found guilty of fraud and conspiracy
After a 15-day trial, a jury has found Sam Bankman-Fried (SBF), the founder and former CEO of FTX, guilty of seven counts of fraud and conspiracy. SBF is scheduled to be sentenced on March 28, 2024. His defense lawyers are expected to appeal the verdict.
U.S. is leading an alliance against ransomware
In a significant move against cybercrime, an alliance of forty countries, led by the United States, has committed to a pledge to never pay ransoms to cybercriminals. This initiative, known as the International Counter Ransomware Initiative, aims to eliminate the funding mechanism for hackers.
Bitget is delists TokenFi for market manipulation and malicious compression of liquidity
Bitget exchange has announced the delisting of TokenFi, a tokenization platform token launched by the Meme project Floki. The exchange has accused Floki of manipulating market prices by maliciously compressing liquidity. Bitget also raised concerns about the opacity of the token economy and the undisclosed release cycle.
No credible report that Peter Schiff has sold all his gold for Bitcoin
Despite the rumors, there is no credible report that Peter Schiff has sold all his gold for Bitcoin. In fact, he has repeatedly denied such rumors and maintained his bearish stance on Bitcoin. He has also criticized companies and individuals who have chosen to invest in Bitcoin over gold, such as MicroStrategy and Michael Saylor.
TVL on Gnosis chain exceeds $150 million, an increase of 92%
Gnosis Chain, a layer-2 solution for Ethereum that aims to provide fast, cheap, and secure transactions, has witnessed a remarkable growth in its total value locked (TVL) in the past month. According to DeFiLlama, a website that tracks the TVL of various decentralized finance (DeFi) protocols, the TVL on Gnosis Chain has increased by about 92% since the beginning of October 2023, reaching over $150 million as of Octiber 20, 2023.
New York Sues Crypto Firms for Allegedly Defrauding Investors of $1 Billion
New York Attorney General Letitia James has filed a lawsuit against three cryptocurrency firms and two executives for allegedly defrauding more than 230,000 investors, including…
