Sam Bankman-Fried, the founder of the now-defunct FTX cryptocurrency exchange, was denied immediate release from a Brooklyn detention facility on Wednesday. The decision came from the 2nd United States Circuit Court of Appeals in Manhattan […]
Asset managers ARK Invest and 21Shares have taken the first step towards launching an exchange-traded fund (ETF) directly holding Ether (ETH). The two firms submitted an application to the US Securities and Exchange Commission (SEC) […]
On Wednesday, the US body responsible for setting accounting standards voted unanimously to introduce new accounting guidelines for companies with significant cryptocurrency holdings. After indicating support last year, the Financial Accounting Standards Board (FASB) has […]
Financial markets endured a jolt as Boston Federal Reserve President Susan Collins signaled that more interest rate hikes could be on the horizon. As this news reverberated across Wall Street, major US stock indices like […]
A judge has ordered several bank accounts and a residential property belonging to former Celsius CEO Alex Mashinsky to be frozen, according to newly unsealed court documents. The asset freeze comes as Mashinsky faces criminal […]
At the time of writing, Celsius was trading at $0.1439, up 13.87% in a day. The former Celsius CEO, Alex Mashinsk, was arrested on July 13 this year. Alex Mashinsk is facing criminal and civil […]
Story Protocol, a San Francisco-based technology firm, has received $54 million in funding to combat copyright infringements exacerbated by generative AI technologies. Andreessen Horowitz leads the investment round, with notable supporters like Hashed, Samsung Next, […]
Microsoft Research has just dropped its own version of a heavy metal quartet, tools that will power up the future of AI compilation. These four AI compilers, aptly nicknamed “Roller,” “Welder,” “Grinder,” and “Rammer” intend […]
Justin Bieber fans can buy one of 2,000 non-fungible token (NFT) versions of his song “Company” to earn 1% of royalties from each stream. Music Tech Platform Anotherblock and co-producer Andreas Schuller will create the […]
The in-principle approval was given by the Abu Dhabi Global Market (ADGM). Abu Dhabi launched a $2 billion effort to boost Web3 projects in February. Abu Dhabi will give Zodia Markets a chance to expand […]
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