Tag Archives: News

Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase was hit with charges in June for operating an unregistered securities exchange. This came after the company received a Wells Notice for potentially breaking...

Despite the ongoing legal battle with CZ Binance and the US government, market experts believe the company will continue to maintain its position as the biggest crypto exchange in the world.  Changpeng Zhao (CZ), the founder and former CEO of the world’s largest cryptocurrency exchange Binance has hired Matthew Diggs, an ex-prosecutor in the United States with years of criminal and regulatory experience, to defend his interests in the ongoing settlement saga with the government. Recall...

The move to regulate and tax cryptocurrencies held on foreign exchanges comes as digital assets are gaining popularity in Brazil. The Brazilian Senate recently gave the green light to a new tax reform aimed at imposing a 15% tax on cryptocurrencies held on foreign exchanges. The proposed bill on crypto income has already received approval from the nation’s Chamber of Deputies, a federal legislative body, and the lower house of the National Congress of Brazil. It is now awaiting final...

Altman shared his strategic vision for the future of OpenAI. He noted that the firm will renew its commitment to research, improving its products, and better serving its customers. OpenAI CEO Sam Altman has officially returned to his role after being temporarily ousted by the company board. At the time, the board cited communication breakdowns with Altman as their reason for his removal. The removal triggered 97% of OpenAI employees who asked for the reinstatement of Altman and the...

Amazon’s Titan Image Generator offers a user-friendly interface akin to using Stable Diffusion (SDXL), providing a solid blend of control and versatility. American multinational technology company Amazon.com Inc (NASDAQ: AMZN) has entered the growing field of generative Artificial Intelligence (AI) with the launch of its latest innovation, the Amazon Titan Image Generator. This new addition is part of the broader Amazon Titan suite, a collection of multimodal foundation models available...

Novogratz is not the only expert who expects Bitcoin price to skyrocket soon. One of the main reasons is that long-term holders are not selling off their positions According to Michael Novogratz, founder of digital asset management company Galaxy Digital, things may soon change for other stores of value like gold and Bitcoin (BTC) as the United States Federal Reserve changes course. In a Bloomberg interview, Novogratz shared optimism for these assets based on expectations that the Fed will...

EOS price is recovering higher from the $0.650 support zone against the US Dollar. The price is now trading near $0.682 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.688 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.688 and $0.700 resistance levels. EOS price is recovering above $0.670 against the US Dollar, like...

21Shares, 2018 von Ophelia Snyder und Hany Rashwan gegründet, begab sich auf eine Mission, Krypto-Anlagen für alle zugänglich zu machen. Die Reise des Krypto-Pioniers startete in der Schweiz an der SIX Swiss Exchange in Zürich. Heute steht das Unternehmen als weltweit grösster Anbieter von Krypto-Exchange-Traded Products (ETPs) da und bietet über 30 Produkte an, die auf Dutzenden von globalen Börsen handelbar sind. Was 21Shares auszeichnet, ist nicht nur die Diversität seiner Produkte,...

Litecoin is holding the key support at $65.00 against the US Dollar. LTC price is now trading above $68.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $70.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.50 and $72.20 resistance levels. Litecoin price is recovering from the $65.00 zone against the US Dollar, like Bitcoin....

The investment round was accompanied by the launch of Wormhole Labs, an independent technology company “emerging from stealth to become a core contributor to Wormhole.” Wormhole, a blockchain protocol designed to address the interoperability challenges of pioneer blockchain networks such as Bitcoin and Ethereum, has secured $225 million in funding, propelling the company’s total valuation to a new high of $2.5 billion. According to an official announcement on Wednesday, the cross-chain...