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Cryptocurrency News

Location American Cryptocurrency News for 14 September 2024
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would ...
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FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a...
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Uniswap Labs CEO Denies Protocol Deployment Extortion Claims Uniswap Labs CEO Hayden Abrams has refuted claims that the platform charges $20 million for protocol deployments, calling them “completely false.” Abrams, who said he rarely engages with individuals seeking attention...
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Tokenizing Supercars to Commodities

Bitcoin.com - 15 Sep 2024 00:30
Tokenizing Supercars to Commodities In the interview, Rey Fernando Verboonen, co-founder and CEO of Curioinvest, recounted his journey from speculator to builder in the digital asset space. We covered the tokenization of real-world assets (RWAs) using bloc...
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China Moves to Address Crypto Money Laundering Activities With New Law Draft Revision China is moving to update its legislation to tackle new money and cryptocurrency money laundering crimes. The Chinese Congress is set to introduce new money laundering concepts in the second review of the money launderin...
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Bitfarms accelerates 2.2 EH/s hosting agreement with Stronghold According to Bitfarms, the mining hardware was originally scheduled to be deployed in Yguazu, Paraguay sometime in December 2024.
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Former Alameda CEO Caroline Ellison Requests Leniency, Asks for No Prison Sentence Caroline Ellison, the former CEO of Alameda Research, is seeking leniency in her sentencing for her role in the FTX fraud. Her lawyers have filed a sentencing memorandum emphasizing her extensive cooperation with authori...
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Meta to Resume Training AI With Data From UK Facebook, Instagram Users Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta ...
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Web3 Innovation and Transformation: InnoBlock 2024 Held by ABGA and BBS PRESS RELEASE. Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not on...
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Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election Two days ago, former President Donald Trump made headlines by announcing his family's decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is "embracing the future with crypto." ...
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NFT Sales Drop 7.91% as Buyers and Sellers Pull Back Sharply Over the past seven days, non-fungible token (NFT) sales have dipped once again, sliding 7.91% compared to the previous week. The number of NFT buyers has taken a notable hit, plummeting 73.46%, and sellers are following...
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Crypto millionaire loses $43 million in Ether-Bitcoin trading bet Fickel is one of the world's wealthiest cryptocurrency investors, currently holding more than $4.8 million worth of Ether.
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Nigerian Blockchain Group Ousts President, Who Remains Defiant The Stakeholders in Blockchain Association of Nigeria (SIBAN) expelled its president, Obinna Iwuno, for allegedly registering an illegal body and misusing his position. Iwuno denied these allegations and accused the SIBA...
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5 US States Settle With GSB Group Over Unregistered Crypto Sales Five U.S. states have reached a settlement with GSB Group over unregistered securities sales tied to digital assets. Residents of the states will receive refunds for all fiat and cryptocurrency deposits. GSB chairman Jos...
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Network Latency Drives Solana Validator to South Africa's Commercial Hub Superfast founder Martin Tromp has launched a Solana validator in one of Teraco’s Johannesburg data centers. Solana is a fast, scalable blockchain platform competing with Ethereum. As a proof-of-stake system, validator...
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Bitcoin reclaims $60K and 'this time is different,' says analyst Bitcoin reclaimed the $60,000 price level for the first time in 14 days, amid a month that is typically perceived as bearish for Bitcoin.
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CFTC Teams up With SEC to Fight Cryptocurrency Scams The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involvi...
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Onedegree, Dubai Insurance Launch Digital Asset Custodial Insurance for UAE Clients Onedegree, an Asian digital assets insurer, and its UAE partner, Dubai Insurance, have started offering digital asset custodial risk insurance to clients in the UAE. This new product, approved by the Central Bank of UAE,...
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Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying they would harm the company.
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