The U.S. Securities and Exchange Commission (SEC) approved the long-awaited spot Bitcoin exchange-traded fund (ETF), marking a milestone for the world’s biggest cryptocurrency and the wider crypto industry. The approval came after a brief period of confusion in the market,
In a year in which AI dominated virtually every economic sector, related cryptocurrency tokens soared in value as investors took positions in a technology that’s being viewed as the next big thing. The broader crypto market bounced back in November,
The boom in generative AI is exposing small to medium enterprises (SMEs) to a unique set of problems—AI-powered cyberattacks—leaving budding businesses overwhelmed. In a recent US Congressional hearing, a group of cybersecurity experts from leading organizations including IBM, Hitachi, Protect
The United States Department of Justice (DOJ) has indicted David Gilbert Saffron, an Australian national, and Vincent Anthony Mazzotta Jr., a resident of Los Angeles, for running a sophisticated $25 million artificial intelligence crypto-trading Ponzi scheme. This bold action signals
Cristiano Ronaldo has found himself embroiled in a class-action lawsuit. This legal action stems from his association with Binance, the cryptocurrency exchange currently facing its own set of legal challenges. Ronaldo, known for his on-field achievements, is now under scrutiny
Changpeng Zhao, better known as “CZ,” the founder of Binance, is stepping down as CEO. This news is part of a $4 billion settlement with the U.S. Department of Justice (DOJ). This decision has sparked intense reactions from investors and
Nasdaq has filed a proposal to list shares of BlackRock’s newly registered Ethereum Trust. This move comes hot on the heels of BlackRock’s Ethereum Trust registration, fueling speculation about the potential launch of an Ethereum-based exchange-traded fund (ETF). The announcement
Bitcoin (BTC) briefly rose above $35,000 for the first time since May 2022, driven by speculation that U.S. regulators will soon approve a Bitcoin exchange-traded fund (ETF). The price of BTC reached $35,086 on Tuesday, up over 17% in 48
Gary Gensler, the U.S. Securities and Exchange Commission Chair, says that unless AI is brought to heel, the technology may lead to a financial crash before the decade is out. Gensler went on to add that an AI crash is
Telegram, the popular messaging app, has recently reignited investor interest by unveiling its long-anticipated crypto wallet, TON Space. Built on The Open Network (TON) blockchain, this move fuels optimism for TON’s long-term viability and marks a new phase for Telegram
A federal court in New York has frozen the assets of Alexander Mashinsky, the former CEO of the now-bankrupt crypto lending company Celsius Network. Unsealed documents disclosed on Sept. 5 reveal that the court has targeted Mashinsky’s bank accounts and
Investors and crypto enthusiasts on the X platform (formerly Twitter) have been abuzz with questions and speculation after Genesis Global Trading announced it will be winding down its U.S.-based spot trading crypto services by Sept. 18. The move has left
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