Crypto news

Artificial intelligence is venturing into the mainstream quicker than ever before, with AI-based chatbots such as OpenAI’s ChatGPT booming in popularity. It’s also had a considerable effect on the cryptocurrency industry, as a bunch of AI-related cryptocurrencies (and not so related) soared in value in the beginning of 2023, as the AI mania was just gathering steam. Now, a gamified approach to the popular Turing Test is revealing some fascinating results as to how far...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Binance head Changpeng Zhao has taken to Twitter to warn Justin Sun – the main executive behind crypto firm Tron – against using his own funds to garner the exchange’s new SUI tokens. Zhao to Sun: Your Money’s Not Welcome! Zhao has made it clear that these units are designed more for retail traders and that he...

While the SEC’s designation of some cryptocurrencies as securities has shaken the market, the development companies behind these assets have strongly rejected the regulator’s characterization. The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance and Coinbase has resulted in widespread volatility in the crypto market. As part of its legal actions, the regulator identified 19 new cryptocurrencies as securities. According to the SEC, “Coinbase makes these...

For Adenza, the acquisition represents a significant milestone in the company’s growth trajectory. Just recently, Nasdaq Inc (NASDAQ: NDAQ), the leading US-based technology firm serving the global financial system announced the acquisition of Adenza, a software application provider. The deal, which is valued at $10.5 billion in cash and common stock, will see the complete takeover of the firm by Nasdaq from Thoma Bravo, an American private equity and growth capital firm. Interestingly, the...

The HSBC Innovation Banking unit has more than 650 employees in the UK, over 40 members in the US, and hiring more in Hong Kong and Tel Aviv. HSBC Holdings PLC ADR (NYSE: HSBC), a British universal bank and financial services group with more than $10 trillion in assets under custody (AUC), has launched a new banking tech unit dubbed HSBC Innovation Banking with the help of expertise from former Silicon Valley Bank UK (SVB UK). Closer Look at the HSBC Innovation Banking Unit According to...

The BNB Chain core team is set to take over a substantial Binance Coin (BNB) loan position belonging to the decentralized lending platform Venus Protocol as it approaches its liquidation threshold. The $150 million BNB loan belonged to a hacker who exploited a cross-chain infrastructure on the BNB Chain in October 2022, resulting in the loss of more than $100 million in crypto assets. BNB Chain to Take Over Venus’ $150M Loan Position According to the BNB Chain team, $30...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Crypto exchange Coinbase is upping its fight against the Securities and Exchange Commission (SEC). The company received a Wells notice from the federal agency over a month ago, and it’s not happy that Gary Gensler and his cronies are targeting its operations. Coinbase Vs. the SEC: Who Will Win? A Wells notice...

[PRESS RELEASE – Seattle, United States, June 12th, 2023] Massive Gaming is thrilled to announce the successful launch of House of Poker, a groundbreaking online hold’em game that revolutionizes the poker gaming experience. To commemorate this momentous occasion, Massive Gaming invites players from around the world to join in the excitement of the 100% USDC Rewards Guaranteed Free Bonus Giveaway Event, which has a minimum total prize pool of $6,000 USD worth of rewards, this...

Ethereum’s price has recently broken below the 100-day moving average, resulting in a decline toward the significant support region of around $1.7K. It is crucial to closely monitor the price action in this important area as it may provide a clear indication of the next movement of ETH’s price. Ethereum Price Technical Analysis By Shayan The Daily Chart Ethereum had been struggling to breach the 100-day moving average for a prolonged period but has finally broken below it on...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Cross River Bank (CRB) – a crypto-friendly financial institution stationed in New Jersey – has angered the Federal Deposit Insurance Corporation (FDIC). It’s claiming that the bank hasn’t done enough to keep traders’ and customers’ assets safe. The FDIC Targets Cross River Bank The FDIC is now taking...