As the European Union moves forward with its planned legislation for artificial intelligence (AI), Ukraine is laying the foundation for a seamless integration. Under the roadmap by the Ministry of Dig...
Category: Tech
Live Tech News Updates.
Alameda Balance Sheets Rejected By Auditors In 2021-2022
Key Points: Sam Bankman-Fried’s lawyer hints at shifting blame to Caroline Ellison, the star witness in the DOJ’s case against FTX founder. Ellison reveals that multiple accounting firms declined to h...
USDR stablecoin depegs to $0.53, but team vows to provide solutions
Real estate-backed stablecoin USDR lost its peg to the United States dollar after a rush of redemptions caused a draining of liquid assets such as Dai (DAI) from its treasury, its project team has rev...
China’s Central Huijin Investment Bolsters Stake in Top 4 Banks to Stabilize Stock Market amid Economic Challenges
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these maj...
Voyager Ex-CEO Ehrlich Charged by U.S. Regulators With Fraud, Making False Claims
“Ehrlich and Voyager lied to Voyager customers,” said Ian McGinley, the CFTC’s enforcement director, in a statement about the suit, which calls for restitution, penalties and industry bans for the for...
SEC Responds to Coinbase’s Rulemaking Petition; Details Remain Shrouded
Coinbase’s Chief Legal Officer revealed the SEC communicated with the Third Circuit regarding Coinbase’s rulemaking petition. The SEC staff submitted a recommendation to the Commission on October 10, ...
Polygon proposes ApeChain and $3.35m dev fund
Polygon proposed building a dedicated layer 2 network for ApeCoin on the ApeCoin DAO forum on Oct. 10. According to the proposal, the new network, dubbed “ApeChain”, will leverage zero-knowledge techn...
The Silicon Valley Socialist: Sam Bankman-Fried
“People want an authority to tell them how to value things, but they choose this authority not based on facts or results –– they choose it because it seems authoritative or familiar.” –Michael ...
Binance customers have traded against themselves with real money for six years
Apparently, trading against oneself is so commonplace at Binance that the exchange is proudly announcing self-transaction prevention (STP). No, STP won’t stop Binance executives from trading against t...
DeFi Protocol on Avalanche (AVAX) Network Was Attacked by Hackers!
Platypus Finance, a leading decentralized finance (DeFi) protocol operating on the Avalanche network, encountered a serious security breach that resulted in a loss of more than approximately $2 millio...
Ankr Partners with XDC Network to Simplify dApp Development and Trade Finance
Ankr, a leading name in blockchain infrastructure solutions, is set to transform blockchain development with its groundbreaking partnership with the XDC Network. This collaboration will see Ankr integ...
US CPI Annual Rate Exceeds Expectations! Core CPI Hits 3.7% in September!
Crypto Live News Author: Mustafa Mulla Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017...
Kraken founder accuses ‘incompetent VCs’ of enabling ‘obvious fraud’ at FTX
Jesse Powell, Kraken’s founder, has expressed anger at the venture capital (VC) firms who invested in Sam Bankman-Fried’s (SBF) FTX, saying their incompetence enabled “obvious fraud.” Powell said the ...
Ex-Alameda CEO Caroline Ellison Says Sam Bankman-Fried Directed Her To Commit Crimes As Trial Enters Week Two
Former Alameda Research chief executive Caroline Ellison says former FTX CEO Sam Bankman-Fried directed her to commit fraud. Ellison said Alameda, the trading arm of FTX, took around $14 billion from ...
How This MEV Bot Profited $1.27 Million by Spending Just $4
The maximal extractable value (MEV) bot carried out a flash loan attack and stole around $1.27 million from the BlackHole (BH) token. MEV bots have attracted a lot of attention this year. Some utilize...
Trezor launches new hardware wallets
PRESS RELEASE Prague, Czech Republic: Trezor, the original hardware wallet company, today launches three stylish, intuitive and affordable tools aimed at helping crypto newcomers and novices on their ...
Federal Reserve Officials Maintain Cautious Stance on Interest Rates
Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier. Federal R...
The US Has Lost Its Way in Digital Assets Regulation: Lawyer
Stuart Alderoty thinks the United States has lost its way in digital assets regulation. Alderoty thinks the US allowed politics and power to be elevated over sound policy. According to Alderoty, vario...
JPMorgan launches new tokenization platform
JPMorgan has launched a new blockchain-based service that allows investors to use assets as collateral without moving them on underlying ledgers. The Tokenized Collateral Network (TCN) service was ann...
Cardano (ADA) Addresses in Loss Hit 93%, What’s Happening?
Godfrey Benjamin Cardano (ADA) profitability slumps significantly as prices maintain freefall Cover image via stock.adobe.com Disclaimer: The opinions expressed by our writers are their own and do not...
Is Sam Bankman-Fried’s defense dropping the ball?
I expected Sam Bankman-Fried’s defense lawyer to be a real shark. Not just because Bankman-Fried had — at one point, at least — enough money to hire the best, but because I know that the lawyer hired ...
Top Analyst Maintains Bullish Long-Term XRP Outlook Amid Successive Capitulations
One of the popular market analysts in the crypto community has maintained a long-term bullish outlook on XRP in the face of potential capitulations. Despite the growing number of positive news making ...
KuCoin Cautions Users against Unexpected SMS Links
Recently, KuCoin, a popular cryptocurrency exchange, has received more reports of unexpected SMS connections. These findings encourage people to be vigilant and cautious when engaging with unsolicited...
Real USD (USDR) Stablecoin De-Pegs; Plummets to $0.51
The treasury has no DAI and the only liquid assets are an insurance fund. The popularity of the token was boosted by its incorporation into Aerodrome Finance. After its reserves of DAI were depleted, ...
Judge Restricts Amicus Curiae Filings
Binance, the world’s largest cryptocurrency exchange, is going head-to-head with the US Securities and Exchange Commission (SEC) in a high-stakes legal battle. As the battle rages on, a significant he...
Bitget’s Gracy Chen Praises Binance’s Copy Trading Launch
Crypto copy trading is gaining traction among major cryptocurrency exchanges, a trend noted by Gracy Chen, the Managing Director of Bitget, a pioneering platform in this arena. The surge of interest i...
TangibleDAO Plans Recovery After USDR Stablecoin Crashes
In the last 24 hours, mass redemptions of the Polygon-based stablecoin USDR used up the liquid DAI collateral in the treasury of its issuer TangibleDAO (Tangible). Panic selling ensued, causing the as...
Expert analysis of October meme coins
SPONSORED POST* Meme coins are characterized by a high level of volatility. They can go down as quickly as they can go up, which means that any savvy investor who buys during market lows can make sign...
Caroline Ellison Says SBF Tried to Use Thai Prostitute Accounts to Unlock Frozen $1B
Caroline Ellison, the former CEO of the bankrupt crypto exchange FTX’s sister trading firm Alameda Research, has testified against Sam Bankman-Fried (SBF), her ex-boyfriend and the former CEO of FTX, ...
10 Best Cryptocurrency Wallets of October 2023
Top 10 Cryptocurrency Wallets 2023: A Guide to Secure and Innovative Digital Asset Management In the ever-expanding universe of cryptocurrencies, the significance of a reliable and secure cryptocurren...
The Craziest Stories About FTX, SBF And Caroline Ellison
The ongoing trial against Sam Bankman-Fried (SBF), former founder of the FTX crypto exchange, coupled with the testimonies of Caroline Ellison, the ex-CEO of Alameda Research and his former romantic p...
Haste Arcade’s Dan Wagner: ‘Panda Wallet is built in such a way that it doesn’t need or require a trusted party to run’
Haste Arcade Co-Founder Dan Wagner open-sourced a non-custodial Web3 browser extension wallet with BSV blockchain and 1 Sat Ordinals support named Panda Wallet. The extension can be downloaded from Gi...