After months of contentious bankruptcy proceedings, embattled cryptocurrency firms FTX and Genesis Global Capital are on the verge of a settlement. Recent court filings indicate that the two parties, embroiled in a dispute worth billions of dollars, have achieved a
In a sudden twist to a complex regulatory saga, major cryptocurrency exchange FTX has filed a lawsuit against its former regulatory and compliance executive Daniel Friedberg. FTX accuses Friedberg of an illicit series of payments designed to silence whistleblowers from
As bitcoin (BTC) surged to new highs last week, a new survey from Pew Research Center shows that a large number of Americans are still skeptical about the safety and reliability of cryptocurrency. Bitcoin reached $30,397 on Apr. 11 –
OpenAI chief technology officer Mira Murati has called for regulation of the company’s wildly popular chatbot ChatGPT and other generative AI tools to prevent companies from deploying the tech irresponsibly. Murati’s comments contrast sharply with those of early Bitcoin visionaries
Uphold Head of Research Martin Hiesboeck says that centralized crypto exchanges (CEXs) remain a good bet in spite of the recent market collapse. The rampant hacking in DeFi makes mass adoption of decentralized finance an “impossibility,” he argued. Hiesboeck spoke
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