XRP, a cryptocurrency known for its association with Ripple, presented notable developments in Q2 2023. A pivotal moment arrived on July 13, with a court ruling affirming that XRP is not a security. T...
News
‘We do think we can win’ SEC lawsuit, Coinbase says
Coinbase reported second-quarter earnings on Thursday, releasing its first financial results since the US Securities and Exchange Commission filed a lawsuit against the exchange. The company posted a...
Alibaba releases two open-sourced AI models to rival Meta’s Llama 2
Alibaba Group, the Chinese tech and e-commerce giant, announced the release of two open-sourced artificial intelligence (AI) models from its cloud computing department on Aug. 3, according to a press ...
‘Lots To Look Forward To’ With Bitcoin Courtesy of Two Massive Catalysts, Says Top Crypto Trader
Two catalysts could serve as a tailwind for Bitcoin (BTC) over the coming months, according to a widely followed crypto trader. The pseudonymous analyst Pentoshi tells his 700,800 Twitter followers th...
New Docs Detail Ethereum Co-founder Role in Drafting Hinman Speech
Empower Oversight has released new emails showing the role played by Ethereum co-founder Joseph Lubin while drafting Hinman’s speech. XRP enthusiasts have been reacting to the latest release of SEC em...
Tether USDT Sells Off on Curve (CRV) and UniSwap (UNI, Pushing Key Exchange Pools Into Imbalance
“Isn’t it interesting that USDt is being pressured down (slightly, within 10bps, just to push market makers to react), and USDc, the main competitor that you would expect being gaining fro...
AUD/USD maintains its bid tone around 0.6570 area, just below daily high amid softer USD
AUD/USD attracts some buying on Friday and recovers further from a two-month low. The RBA’s hawkish SOMP benefits the Aussie and lends support amid a softer USD. Bets for more Fed rate hikes limit the...
Coinbase Releases Second Quarter 2023 Shareholder Letter
REMOTE FIRST COMPANY // SAN DIEGO–(BUSINESS WIRE)–Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today the release of its second quarter 2023 shareholder letter. The letter, including t...
1.4 Billion Terra Classic (LUNC) Burned by Binance, Here’s Price Impact
As indicated in a recent update, Binance burned a whopping 1.4 billion LUNC in its latest batch of burns. On Aug. 1, top crypto exchange Binance burned its 12th batch of LUNC tokens to reiterate its s...
Company beats on Q2 earnings and outlook, stock climbs 6%
The power of the ole’ mighty earnings beat at the hands of a bunch of layoffs. Amazon (AMZN) blew away analyst profit forecasts for the second quarter on Thursday amid a year’s long effort...
Coinbase reports $708M in quarterly revenue but overall net loss ahead of Base launch
Cryptocurrency exchange Coinbase published its Q2 earnings report on Aug. 3 and reported significant revenue despite overall losses. Coinbase said it saw $708 million in total revenue, marking a decli...
Bitcoin Price Prediction 2023, 2024, 2025, 2026
Story Highlights The upcoming Bitcoin halving event the following year may pave the way for a new all-time high in the crypto market. BTC flows from Rest of World in the last day are 706.84 BTC, the h...
How Does a Student Built App Bridge the AI Language Gap in Cambodia?
The Cambodian Ministry of Post and Telecommunications has taken a significant step towards addressing the AI language gap by announcing the forthcoming introduction of the Khmer version of ChatGPT, a ...
Binance Announces New Compliance and Money Laundering Reporting Officer
Crypto exchange Binance has announced a new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO). Kristen Hecht, who previously held the position of Global Head ...
Curve Extends Olive Branch, Offers 10% Bug Bounty To Hackers
Decentralized Finance platforms Curve Finance, Alchemix, and Metronome have announced a joint initiative to recover the stolen funds in the wake of the recent exploits that hit Curve’s pools. The exp...
MicroStrategy Will Continue Adding Bitcoin, Confirmed Saylor
1 Michael Saylor, the co-founder of MicroStrategy confirmed that the company will continue adding Bitcoin (BTC) to the balance sheet. 2 MicroStrategy, one of the largest and independent business inte...
Why an American Senator Bet $30,000 Against the US Economy
Recent revelations surrounding United States Senator from Delaware Tom Carper have stirred controversy. Carper, a senior member of the Senate Finance Committee, is betting against the health and well-...
Robinhood’s Crypto Revenue Plunged by Almost 20% in Q2
The American investment platform Robinhood released its financial results for the second quarter, revealing that crypto trading revenue plunged by 18% compared to the Q1 figures. One reason behind the...
Bitcoin’s price fluctuations: Insights for savvy investors
Bitcoin has been steadily rising, but there is a potential hurdle ahead. The US Federal Reserve and the UK Central Bank raised interest rates. If such rate hikes continue, it could lead to a drop in B...
U.S. National Debt Soars to $32.6 Trillion: A Precarious Financial Path
Following the U.S. government’s decision to suspend the debt limit until 2025, the national debt has reached a staggering $32.6 trillion, increasing from nearly $32 trillion in June. The Treasury’s pl...
Binance & FTX – Will one meet the other’s fate?
Binance’s Bitcoin reserves increased by 14% since the FTX collapse. Binance’s clean reserve ratio was over 94% at the time of publication. The world’s largest crypto exchange Binance [BNB] has been on...
Ex-NBA Player Terrence Williams Will Serve 10 Years In Prison And Pay Millions Over ‘Brazen’ Healthcare Scheme
Topline Former NBA player Terrence Williams was sentenced to 10 years in prison Thursday and ordered to pay $2.5 million in restitution for defrauding a league healthcare plan into paying bogus invoic...
SEC Cracks Down On Crypto Fraud: 18 Defendants Charged In DEBT Box Scandal
Key Points: SEC freezes assets of crypto mining firm over alleged fraud. DEBT Box was accused of selling unregistered securities with false promises of cryptocurrency mining profits. 18 defendants wer...
12 Ethereum ETF Filings Await SEC’s Green Light
In what can be seen as a significant trend in the crypto world, a total of 12 applications for Ethereum futures exchange-traded funds (ETFs) have been submitted to the U.S. Securities and Exchange Com...
AUD/USD marches towards 0.6600 after RBA Monetary Policy Statement as US Dollar, yields retreat ahead of NFP
AUD/USD picks up bids to refresh intraday high after RBA’s quarterly Monetary Policy Statement. RBA MPS signals the need for further rate hikes, trims growth and inflation forecasts. US Dollar, yields...
WOW Summit Dubai 2023, the Epitome of Luxurious Web3 Experience
Igniting Innovation and Inspiring Success in the Heart of the UAE An exquisite affair that stands as the unrivalled pinnacle of Blockchain events in the Middle East. Brace yourself for an extraordinar...
Pomerdoge, Uniswap, Optimism React to Major Success in US Congress for Two Crypto Bills
Advertisement     Recently, the US Congress witnessed progress on two crypto-related bills, signalling a potential shift in regulatory clarity, causing Uniswap (UNI), Optimism (OP), an...
Elon Musk Says Treasury Bills Are ‘No-Brainer’
(Bloomberg) — Elon Musk sees a lot to like at the shortest end of the Treasury curve. Most Read from Bloomberg On Thursday, Musk, the chief executive of Tesla Inc. and owner of X, the social-med...
Ripple included in CNBC’s top 100 fintech list
Ripple is now among CNBC’s top companies, along with PayPal and Revolut, its exec Monica Long revealed. The CNBC ranking, developed in collaboration with research company Statista, encompasses the hig...
Coinbase Posts Strong Q2 Results Amid SEC Lawsuit Withdrawal
On Tuesday, August 3, crypto exchange Coinbase (NASDAQ: COIN) announced its second-quarter results beating street expectations despite facing the SEC lawsuit. The company posted better-than-expected n...
自称メタマスク創設者がコンセンシスを提訴、知的財産めぐり＝報道
メタマスクの知的財産めぐって 米国の起業家兼エンジニアのジョエル・デーツ（Joel Dietz）氏が、web3ウォレットのメタマスク（MetaMask）を提供する米コンセンシス（Consensys）を訴えた。8月2日、米コインデスクをはじめ各社が報じている。 報道によれば、デーツ氏はサンフランシスコの州裁判所へ8月2日訴状を提出。同氏の訴えは、メタマスクの開発に貢献したが、正当な評価を得ていないと...
Zero-knowledge for DeFi is ‘not the correct answer’ — Multicoin Capital’s Kyle Samani
Kyle Samani says zero-knowledge proofs have their place, just not in DeFi. “I’m fairly confident ZK is not the correct answer for privacy on-chain.” Proving to someone that an individual is old enoug...