Key Highlights In a groundbreaking move, a nonprofit organization financed by the crypto world’s magnate Jed McCaleb has recently acquired approximately $500 million worth of cutting-edge Nvidia chips. The intention behind this substantial investment is to offer computing capabilities to…
Regulation on the Horizon: UK Takes Steps in the Crypto Industry
Key Highlights The United Kingdom (UK) is on a definitive path to regulate the ever-expanding crypto industry, as it recently confirmed its intentions to introduce formal legislation for crypto activities by 2024. This announcement follows a response to a consultation…
Yuga Lab’s Victory: Ryder Ripps Ordered to Pay $1.5 Million
Key Highlights In a recent courtroom showdown. The court has ordered Ryder Ripps and Jeremy Cahen to pay a hefty sum of $1.5 million to Yuga Labs. The creators of the renowned Bored Ape Yacht Club. A U.S. District Judge…
Decentraland’s AI World Fair Unveils The Future Of Artificial Intelligence
Key Highlights In an exciting development, Decentraland is gearing up to host the inaugural AI World Fair from October 25 to 27. This event is a gathering of luminaries and thought leaders hailing from a diverse array of fields. Also…
Arkham Intelligence Under Scrutiny: For Exploitation of Crypto Exchange and Privacy
Key Highlights In recent developments, Arkham Intelligence, a crypto intelligence firm, is facing severe allegations of exploiting vulnerabilities at major exchanges. Including Binance and FTX, to reveal users’ personal information. These accusations have ignited a debate over the company’s practices,…
Floki TokenFi Platform: Takes Aim at the Trillion Dollar RWA Market
Key Highlights In the fast-evolving world of cryptocurrency, Floki, a project that started as a meme coin. Is making a strategic move to seize a significant piece of the trillion-dollar real-world asset (RWA) market. They aim to revolutionize the tokenization…
Here are the top 10 places in Bahrain, CZ’s Binance Pay/Crypto is accepted
Key Highlights Binance Pay has transformed the digital payment landscape, making everyday shopping in Bahrain a breeze with cryptocurrency transactions. Whether you’re dining at a favorite restaurant, shopping online, or booking a hotel, Binance Pay simplifies the process, rendering it…
Cathie Wood’s Ark Investment Unloads Coinbase and Grayscale Bitcoin Trust stocks as Bitcoin price reaches 35,000
In a thriving crypto market, Cathie Wood’s Ark Invest made strategic financial moves that turned heads. They opted to sell off shares of Coinbase Global Inc (NASDAQ: COIN) amidst a surging Bitcoin (CRYPTO: BTC) price. At the time of this…
Binance CEO CZ Refutes As The Owner of CommEX, Binance Russia’s New Operator
Key Highlights In response to swirling speculation about a recently emerged crypto company hastily taking over Binance’s Russian operations. Changpeng “CZ” Zhao, CEO of Binance, has categorically denied any ownership or involvement with CommEX. Binance, the cryptocurrency exchange platform CZ…
France Introduces Sorare Law to Regulate Crypto-Gaming
Key Highlight In a significant shift signaling changing attitudes toward the crypto-gaming sector, the French National Assembly has officially ratified the Sorare law. This legislation by France stands as a pivotal component of the broader Digital Space Regulation Law (SREN),…