Yield Protocol to permanently 'wind down' operations by December 2023

Unfavorable crypto regulations in the United States, Europe and the United Kingdom was one of the factors for Yield Protocol's untimely shut down.

Yield Protocol to permanently 'wind down' operations by December 2023

Decentralized finance (DeFi) lending protocol Yield Protocol announced its decision to shut down by the end of the year due to the lack of business demand and global regulatory pressures.

11 months ago

Ripple gets formal approval for Singapore payments license

Ripple said it received its fully-fledged digital payment tokens license from the Monetary Authority of Singapore.

Ripple gets formal approval for Singapore payments license

Ripple has received a full license to operate as a major payment institution from Singapore’s central bank, allowing it to continue operations there after receiving in-principle appro...

11 months ago

Lawyers debate over Ripple case after rejection of SEC’s motion for appeal

Crypto lawyer Jeremy Hogan described the recent order as a “disaster” for the SEC, but other legal commentators are urging the community to temper its excitement for now.

Lawyers debate over Ripple case after rejection of SEC’s motion for appeal

Crypto lawyers are seemingly divided over the significance of a recent court order from Judge Analisa Torres, who denied the United States Securities and Exchange Commission’s (SEC) plan t...

11 months ago

Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

In a short period of time, four friend.tech users reported their accounts were compromised and drained after hackers seized control of their mobile numbers.

Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether worth around $178,000 being drained from four users in under ...

11 months ago

Google's Gradient Ventures Leads $3.5 Million Investment in Humata AI

Humata AI Raises $3.5 Million Led by Google’s Gradient Ventures

Aiming to be the next big name in artificial intelligence-powered productivity, Austin-based startup Humata AI said on Monday that it had raised $3.5 million in funding led by Google&r...

11 months ago

OpenSea Unveils OpenSea Studio to Help Creators Easily Launch NFT Projects

Major NFT marketplace OpenSea has introduced OpenSea Studio, a comprehensive platform designed to assist creators in launching and managing their NFT projects.

OpenSea Unveils OpenSea Studio to Help Creators Easily Launch NFT Projects

The company unveiled the new initiative in a Tuesday blog post, saying that OpenSea Studio aims to streamline the operational aspects so that creators can focus on their artistic endeavors....

11 months ago

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

The presiding judge, Analisa Torres, tossed SEC’s appeal and set a date for trial.

Another Massive Win for Ripple (XRP): Judge Torres Dismissed SEC’s Appeal

XRP surged 5% after a judge dismissed the SEC’s appeal in its case against Ripple, ruling in Ripple’s favor in July. The SEC failed to prove substantial difference...

11 months ago

Sam Bankman-Fried: Trial of 'Crypto King' begins

Former crypto billionaire Sam Bankman-Fried is staring down decades in prison, as his trial over what has been called one of the biggest financial frauds in US history gets under way.

Sam Bankman-Fried: Trial of 'Crypto King' begins

Opening arguments in the case are expected later in New York, after jury selection on Tuesday. The 31-year-old, who once ran one of the world's biggest cryptocurrency exchanges, is...

11 months ago

Samsung to develop AI chips with Canadian startup Tenstorrent

The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers.

Samsung to develop AI chips with Canadian startup Tenstorrent

The Canadian startup Tenstorrent, which builds artificial intelligence (AI) processors, among other things, revealed a new partnership with Samsung’s chip manufacturing departmen...

11 months ago

AI can be used in 'every single process' of JPMorgan’s operations, says CEO

JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as just some of the processes that can be streamlined by AI.

AI can be used in 'every single process' of JPMorgan’s operations, says CEO

JPMorgan CEO Jamie Dimon says artificial intelligence could be applied to “every single process” of his firm’s operations and may replace humans in certain roles. In ...

11 months ago

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