JPMorgan, Apollo plan for enterprise mainnet, execs reveal
The enterprise mainnet provides the scalability to add applications to a network with a KYC-compliant set of institutional banks, broker-dealers and asset managers.
Binance, CZ paid for defying financial, political status quo — Arthur Hayes
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes.
eToro, M2 win ADGM crypto licenses to operate in UAE financial center
While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading Facility (MTF) and custodian.
FTX users name Mercedes F1 team and MLB in new promo lawsuits
The group of FTX users is taking aim at Mercedes F1 and Major League Baseball for allegedly helping FTX commit fraud by promoting the crypto exchange on its platforms.
Coinbase shares hit 18-month high after Binance charges
The price high comes after rival exchange Binance pleaded guilty and traders seemingly priced in Coinbase’s custodian agreements for a slate of spot crypto ETFs.
Researchers at ETH Zurich created a jailbreak attack that bypasses AI guardrails
Artificial intelligence models that rely on human feedback to ensure that their outputs are harmless and helpful may be universally vulnerable to so-called ‘poison’ attacks.
Changpeng Zhao may not leave the US pending court review, says judge
Pending a review of a motion filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he awaits sentencing.
IBM brings ‘utility-scale’ quantum computing to Japan as China and Europe struggle to compete
Experts predict the global quantum computing sector will have grown from about $930 million in 2023 to $6.5 billion by 2030, but some global markets may be better poised for growth than others.
Greed, irrationality and anxiety have contributed to chaos in the crypto market. Investors should work on self-improvement if they want the industry to succeed.
Binance CEO outlines plan for crypto exchange after CZ steps down
Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.
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