Ripple’s CEO Brad Garlinghouse criticizes SEC Chair Gary Gensler for prolonging the legal battles with the crypto firm as his term comes to an end. The SEC’s timing in appealing Ripple’s recent legal victory is raising questions about the motives behind Gensler’s enforcement actions. Garlinghouse described Gensler’s tactics as politically motivated and criticized the waste … Read more
The team at Novasky, a ”collaborative initiative led by students and advisors at UC Berkeley’s Sky Computing Lab,” has done what seemed impossible just months ago: They’ve created a high-performance AI reasoning model for under $450 in training costs. Unlike traditional LLMs that simply predict the next word in a sentence, so-called “reasoning models” are … Read more
Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like … Read more
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s 2024 momentum boosts Best Wallet’s rise, offering advanced features for traders and iGaming fans with a $0.0236 token price. The crypto world is buzzing with excitement as Best Wallet (BEST) has passed the … Read more
Crypto options exchange Deribit is considering acquisition deals from several anonymous parties. Although the company claims it has a total trading volume of over $1 trillion, it’s surprisingly seriously considering a sale. Kraken reportedly considered signing this deal with Derebit, but negotiations did not progress beyond this initial inquiry. Deribit May See Acquisition Deribit, a … Read more
The Bank of England plans to launch a sandbox to test a potential central bank digital currency or government-issued digital pound. On Jan. 14, the BoE published a progress report outlining possible use cases for a CBDC, business models, and a test phase roadmap focused on blockchain-powered payment systems. Dubbed the “Digital Pound Labs,” the … Read more
Crypto Rebounds, Stocks wipe out Election gains, AI agents leads Strength BTC hits $89k then rebounds strongly. Trump prepares several crypto EOs on day 1. SOL, XRP ETPs could attract $15bn inflows: JPM. Tether moves HQ from BVI to El Salvador. Trump to have $1m per head Crypto Ball. Binance to face US class action … Read more
The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment … Read more
The SEC sued Elon Musk alleging he violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022.
Yuga Labs hasn’t confirmed or denied rumors that it is selling the IP rights to CryptoPunks, the world’s most valuable NFT collection.