Binance’s U.S. subsidiary has challenged claims from the Securities and Exchange Commission (SEC) that the company mismanaged user assets as “misleading.” In a motion filed on Wednesday, the exchange pointed to contradictory statements from the regulator suggesting that customers’ assets have not, in fact, been transferred outside of the United States. The SEC’s Conflicting Statements In screenshots from a Wednesday filing later shared by Binance CEO Changpeng Zhao (CZ),...
Read More »Wimbledon Integrates AI-Powered Commenatary for This Year’s Championship
The oldest tennis tournament – the Wimbledon Championships (simply known as Wimbledon) – will introduce artificial intelligence-based audio commentary and player analysis for this year’s competition. The initiative comes after a collaboration between International Business Machines (IBM) and The All England Lawn Tennis Club. New Feature for Fans As revealed by IBM, the upcoming tool will allow tennis enthusiasts to observe key moments of matches with audio commentary. The...
Read More »Zachari Saltmer Decodes Startup Success and Failure: Insights for Avoiding Business Failure
“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his insights have had a profound impact in the arena of crypto markets, particularly with innovations such as BRC-20 and ERC-6551. As we set foot into the next cycle of...
Read More »Mark Zuckerberg Confirms He Is Ready for Cage Fight with Elon Musk at UFC Arena in Las Vegas
Elon Musk as now chosen the Octagon UFC arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg. Meta Platforms Inc (NASDAQ: META) chairman and CEO Mark Zuckerberg is now ready for a cage fight with Tesla (NASDAQ: TSLA) CEO Elon Musk. On Wednesday, Zuckerberg posted a screenshot of Musk asking for a cage fight and captioned it “Send Me Location”. The banter between both billionaires began when International Blockchain Consulting founder and CEO Mario Nawfal tweeted that...
Read More »AI Digital Art Design Platform Atriv Integrates Flare Layer-1 Blockchain for Simplified Access to NFTs and Art
The partnership between Atriv and Flare creates ease for all digital artists and creators looking to issue NFTs and tokenize their creations. Artificial intelligence (AI) digital art platform Atriv has announced a partnership with the Flare blockchain to provide the network with Atriv’s no-code NFT platform. The partnership aims to create a free market where collectors and digital artists can easily create art and tokenize their creations. Atriv’s NFT platform uses artificial intelligence...
Read More »UK Raises Interest Rates for 13th Consecutive Time
The Monetary Policy Committee promises to keep an eye on the indications of the long-lasting inflationary pressures in the economy. It plans to monitor the labor market, wage growth, and hike in service prices. The Bank of England hit the market with a 50 basis point hike to interest rates in the UK. The UK central bank announced the rates hike on Thursday after the Monetary Policy Committee voted to favor the increase. Notably, this marks the 13th consecutive increase as the...
Read More »Canton Blockchain Network Attracts Big Names like Deloitte and Microsoft
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Canton Network is a brand new blockchain system. Very few people appear to have heard of it at press time, but there’s a good chance this blockchain is going to be making waves soon throughout the industry given the names it’s attracting in terms of partnerships. Canton Blockchain Network Getting Big and...
Read More »Blockchain-Based Network World Mobile Introduces a Buyback Program
World Mobile – a mobile network built on blockchain technology – said it will launch a token buyback scheme to aid the sustainable growth of its sharing economy. The entity’s treasury will purchase its native utility token WMT from the open market and distribute rewards to its ecosystem’s participants. World Mobile’s Latest Step According to a press release seen by CryptoPotato, the organization has already executed such a buyback on May 29. The program mainly focuses on...
Read More »DeFi Platform Struct Finance Introduces New Interest Rate Products
Struct Finance – a Decentralized Finance (DeFi) platform that allows customers to engage with tailored structured monetary products linked to cryptocurrencies – announced the mainnet launch of its tranching mechanism and innovative Interest Rate Vaults. The initiative enables users to invest in products according to risk tolerance, providing predictable returns. Reaching Investors With ‘All Risk Appetites’ According to a document seen by CryptoPotato, Struct Finance’s new...
Read More »Crypto Network Solana Sets Up Huge Office in New York
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The popular crypto network Solana is opening a new office in downtown Manhattan, New York. The office will occupy roughly 25,000 square feet in a multiple-story building. Solana and New York… An Unusual Match Solana is presently the tenth largest digital currency by market capitalization. The news is odd for...
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