Vitalik Buterin on the Challenges Between Crypto and AI, Warns ‘Tread Carefully’
Ethereum co-founder Vitalik Buterin has discussed the intersections between crypto and artificial intelligence (AI), warning to “tread carefully.” In a blog post published Tuesday, Buterin highlights the main challenges between the two hottest technology trends of the past decade and explains what
Bitcoin Price Prediction: Dips to $43,000 as CBOE Pulls ETF Amid Economic Shift
In the dynamic world of cryptocurrencies, Bitcoin’s price approaches the $43,000 threshold, marking a decline of over 1.25% on Wednesday. This adjustment in price occurs against the backdrop of significant market and regulatory news. The CBOE Exchange has retracted its application
Experts Warn of Financial System Risks as Bitcoin ETFs Bridge Gap between Crypto and TradFi
The recent launch of exchange-traded funds (ETFs) tracking Bitcoin (BTC) has sparked concerns among experts about the potential risks that could emerge as cryptocurrencies become further intertwined with the traditional financial system. The Securities and Exchange Commission (SEC) approved 11 spot
Jack Dorsey’s Block Inc. Initiates Layoffs to Reach 12,000 Employee Cap
Block Inc., led by Jack Dorsey, has started implementing job cuts in a bid to reduce its workforce by the end of the year. According to a recent report by Business Insider, Block has commenced a gradual reduction of its workforce, aiming
South Korean Prosecutors, Police Face Bribery Wrap in Crypto Fraud Trial
Eight South Korean prosecutors and police officers could be trialed in connection to the high-profile case of a suspected crypto fraudster. Per Newsis, the trial of one unnamed prosecutor has already begun in the city of Gwangju. The case centers around a
Terraform Labs Says Bankruptcy Protection Would Allow it Appeal against SEC’s Securities Fraud Lawsuit
Terraform Labs has said that its Chapter 11 bankruptcy protection filing would enable the pursuit of an appeal against the US Securities and Exchange Commission’s (SEC) securities fraud lawsuit. In a recent filing, Terraform Labs CEO Chris Amani emphasized the importance
Visa Partners with Transak To Enable Direct Crypto-to-Fiat Transactions
Visa, a global payment giant, is further advancing its foray into cryptocurrency adoption by collaborating with Web3 infrastructure provider Transak. The partnership aims to introduce a new method for exchanging cryptocurrencies for fiat currencies without relying on centralized exchanges. The integration
Spot Ethereum ETF Approval Expected May 23rd and Could Surge in Value, New Report Says
The United States Securities and Exchange Commission (SEC) is looking to approve spot Ethereum ETFs by May 23rd of this year, a January 30 report revealed. A Positive Outlook The Block’s report stems from Standard Chartered Bank – a London-based, multinational bank
Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools
U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)’s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on January 11. That even
Russia’s Central Bank Exploring Use of Crypto, CBDCs with BRICS Allies
The Governor of Russia’s Central Bank says she is speaking to BRICS member states about using “digital currencies” to power international trade. Per RIA Novosti and 1Prime, the bank’s long-serving Governor Elvira Nabiullina said the Central Bank was “currently holding consultations