AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
Generative AI has huge economic potential and could boost global labor productivity, the report said.
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Namibia Sets the Stage for National Crypto Strategy With New Law
The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets the foundation for more laws and regulations, lawyers say.
Bitget Exchange Sued by Advisor of ReelStar Token Project After the Listing Goes Sour
Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.
Shiba Inu Takes Step to Become DeFi Contender, Will Add Digital IDs to Ecosystem Projects
Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain.
FTX Wants Dubai Unit Removed From U.S. Bankruptcy Proceedings
Liquidating FTX Dubai under UAE law would help timely distribution of any outstanding liabilities, the bankrupt estate argued in court filings.
Crypto Traders Might Want to Track Ether 'Slippage' Indicator. Here's Why
Hyblock's slippage indicator has consistently marked short-term trend changes in the second-largest cryptocurrency this year.
HashKey Wins Hong Kong's First Crypto Exchange License to Serve Retail Customers
Hong Kong's first license to a cryptocurrency exchange to serve retail customers has gone to HashKey Exchange.
eToro Sued by Australia's Market Regulator for Leveraged Product
Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator.
Bankrupt Crypto Lender BlockFi Inches Closer to Refunding Clients
A disclosure statement is an official, court-approved document outlining the debtor’s assets and liabilities.
First Mover Asia: Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red
PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy "still fills a need in the marketplace," the president of crypto asset fund ProChain Capital told CoinDesk TV.
Is Sam Bankman-Fried Going to Jail?
Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and…
Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink
BTC returned to its rangebound ways a day after it rose suddenly and then subsequently dropped as dramatically.
Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.
Towards a Web3 Without Wallets
For Web3 to go mainstream, wallets should be as invisible to the users as databases are in Web2, says Ben Turtel, of Kazm.
TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund
The move comes the same week that six other companies filed to launch ether futures ETFs.
Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2
The online trading platform reported second-quarter earnings after the close on Wednesday.
Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day
Historically, LTC tended to peak ahead of its halving event, when miner rewards are slashed.
Why I Don’t Feel Bad for HEX Founder Richard Heart’s Victims
Maybe the SEC can finally convince Hex and PulseChain devotees that they’ve been cheated.
Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor
The price of bitcoin (BTC) and Binance's BNB token immediately fell following the report.
Bitcoin ETF Approval Odds Just Got Better: Bloomberg Analysts
“The odds of a spot Bitcoin ETF launching this year are up to 65%, in our eyes, after a flurry of developments,” analysts James Seyffart and Eric Balchunas wrote. They previously assigned a 50% probability.
Bitcoin Venture Capital Is Anything but Boring: Crypto Long & Short
The purposeful approach to Bitcoin Core development fuels the idea that “nothing is happening on Bitcoin,” but innovation is actually robust.
Crypto Hedge Funds Will Shake Up the Industry: Crypto Long & Short
There are hundreds of them already in crypto, and that’s likely to go up and catalyze the industry.
Why You Should Care About Litecoin: It's the Backbone of Dogecoin
Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.”
Litecoin Undergoes Third 'Halving,' in Milestone for 12-Year-Old Blockchain
The blockchain's "halving," where the pace of new issuance of cryptocurrency gets cut in half every four years, took place Wednesday, when it reached data block 2,520,000.
Ethereum Juggernaut MetaMask’s Origin Story Challenged in New Lawsuit
Joel Dietz is suing ConsenSys and his former business partner over his claims to MetaMask, the most important crypto wallet for the Ethereum blockchain.
Decentralized Exchange THORSwap Introduces New Feature Aimed at Better Price Execution for Large Trades
Called Streaming Swaps, the feature is designed to improve capital efficiency for decentralized finance users who want to execute large trades.
CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity
Market makers stepped in to arrest CRV's slide that threatened liquidation of a large CRV-collateralized crypto borrowing and market-wide contagion.