The internet has become quickly fascinated by ChatGPT – the language model chatbot that seems to effortlessly provide long-form answers to any question. Crypto Twitter seems especially fascinated with the AI bot – from Casa founder Jameson Lopp to Twitter’s new chief and Dogecoin enthusiast, Elon Musk. We decided to ask ChatGPT a number of...Read More
WonderFi Technologies – a tech company that provides access to decentralized finance (DeFi) – has reportedly been mulling a merger agreement with the trading platform Coinsquare. The goal would be to establish the largest cryptocurrency exchange in Canada. A Deal on the Horizon As reported by Bloomberg, the two parties have been in advanced merger...Read More
California-based crypto-satellite developer Cryptosat and global hackathon organizer DoraHacks ran the first-ever cryptographic trusted setup for zero-knowledge in space. According to the official press release shared with CryptoPotato, the “historic event” took place on the International Space Station (ISS). The two platforms said that the experiment involved taking a set of pre-uploaded open source programs...Read More
ConsenSys – the Ethereum infrastructure provider behind Metamask – has announced that the widely used crypto wallet now lets users stake their ETH directly from the app. The network’s public beta allows users to select either Lido or Rocket Pool for staking, through which they can earn yield and receive liquid staked ETH in return. ...Read More
Victims of the Ponzi scheme BitConnect may finally find some respite. The United States District Court for the Southern District of California ordered over $17 million in restitution to be distributed to nearly 800 victims from over 40 different countries due to their investment losses in BitConnect, which defrauded thousands of investors across the world....Read More
David Kelly – Asset Management Chief Global Strategist for JP Morgan Chase – said it’s time for the Federal Reserve to quit hiking interest rates if it wants to keep the U.S. economy intact. Having “won” its war against inflation, the analyst claimed that the central bank now risks tipping the economy into a recession. ...Read More
The cryptocurrency payments company – Wyre – said it received financial backing that enabled it to continue its “normal course of operations.” It previously imposed withdrawal limits on customers, hinting about a potential liquidity crisis. Back to Normal Wyre announced it obtained vital support from a “strategic partner,” which allowed the company to lift the...Read More
Some creditors of the distressed cryptocurrency lender – Hodlnaut – are reportedly not fond of the proposed restructuring plan that could enable the company’s directors to stay at the helm. Instead, they would rather see it going into liquidation, believing this will grant them access to their frozen assets. According to a Bloomberg coverage, key...Read More
The pioneering cryptocurrency, Bitcoin, has recently broken through the $18,800 mark after struggling to move beyond $17,000. This bullish trend has affected the entire crypto market, as most of the major cryptocurrencies are currently controlled by bulls. Additionally, the global crypto market capitalization has risen by 2.87% in the last 24 hours, and is currently...Read More
Crypto markets today have been fairly trading under the bullish influence which was fueled by the latest CPI price which was lowered to 6.5%. The Bitcoin (BTC) price began rising high with the speculations of the latest CPI rates, which surged magnificently on the announcement. Now that the inflation rates have been lowered, it could...Read More
The Bankruptcy Court of Delaware has approved bidding procedures for four of FTX’s independent solvent subsidiaries in an attempt to generate money to repay the creditors. In Thursday’s hearing, Judge John Dorsey, currently overseeing FTX’s liquidation, cleared the troubled exchange’s motion to sell four key units – derivatives arm LedgerX, stock-clearing platform Embed, FTX Japan,...Read More
Crypto.com has been hit by yet another wave of layoffs. The co-founder and CEO of the crypto exchange, Kris Marszalek announced the decision to reduce the headcount by 20% citing ongoing economic headwinds and unforeseeable industry events. The exec revealed all affected employees have already been notified and added that the reductions were not related...Read More
[PRESS RELEASE – Geneva, Switzerland, 12th January 2023] Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs. Through its...Read More
The firm behind the Cardano blockchain has been developing a set of tools to enable the creation of sidechains, with the first already deployed as a public testnet. On Jan. 12, IOG stated that the team has constructed an Ethereum virtual machine (EVM)-compatible sidechain as a proof of concept. “Sidechains make Cardano extensible and more...Read More
As the Ripple v. SEC case continues to go forward, speculations are circulating around the community about the possibility of the government seizing and purchasing the Ripple-issued XRP tokens that are already on the market and utilizing them for its own purposes, preventing the technology from being used anyplace else. Crypto Developer Explains Why This...Read More
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. The SEC is seeking permanent injunctive relief, disgorgement of ill-gotten gains, plus front-end interest and civil penalties. Both companies raised billions of dollars by offering and...Read More
