Vauld, a Singapore-based crypto exchange, that has been ongoing bankruptcy proceedings since August 2022, has said that it received permission from the court to restructure its board. The new top management will lead the company’s bailout process. On Aug. 24, Vauld’s co-founder Darshan Bathija revealed on X (former Twitter), that the company got its scheme of arrangement passed in Singapore…
Month: August 2023
Blockchain Tech and AI Will Have ‘Very Tight Coupling’: Marathon Digital CEO
Bitcoin miners are turning their attention to the booming AI sector, and Marathon Digital isn’t any different. Marathon Digital Holdings (MARA), one of the largest publicly traded Bitcoin miners in the world, aims to keep pointing investments specifically designed to build out applications on the Bitcoin blockchain, including developments in the AI sector. “It’s very critical that data that gets…
Only 17% of Russians would agree to store more than $200 in CBDC
According to a recent survey, conducted by the joint team of Saint Petersburg Exchange and the Russian Trading System (RTS), more than half of Russian citizens are willing to store their money in a central bank digital currency (CBDC). However, when it comes to storing more than 20,000 rubles (roughly $212), only 17% trust digital ruble. The survey involved over…
XRP whale moves 29 million tokens to Bitstamp amid price slide
As XRP struggles to maintain upward momentum following Judge Torres’ summary judgment in the US SEC v. Ripple Labs case that XRP isn’t a security, investors appear to be selling off their holdings. Adding to this, a significant whale has moved 29 million XRP, valued at over $15 million, to a crypto exchange amid a price decline approaching the support…
HashKey to start Bitcoin and Ether retail trading in Hong Kong from Aug. 28
Asian cryptocurrency exchange HashKey is set to start offering Bitcoin and Ether crypto trading services to retail customers in Hong Kong starting on August 28, according to a local media report. Investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform HashKey became the first crypto exchange in Hong Kong…
Mastercard Ends Co-Branded Card Programs With Binance
Payment giants Mastercard and Visa have both moved to end their crypto card partnerships with crypto exchange Binance. Beginning September 22, Mastercard will end its crypto card offerings in Argentina, Brazil, Colombia, and Bahrain, the firm’s senior vice president of communications Seth Eisen told Decrypt. ”The four pilot Binance co-branded Mastercard card programs will no longer be in use,” he…
P2P marketplaces need to become unstoppable, permissionless
Peer-to-peer Bitcoin (P2P) marketplaces remain an important cog in allowing users to move money across borders, but their future depends on becoming permissionless and unstoppable according to Paxful’s Ray Youssef. Youssef, alongside Nicolas Gregory and Antoine Riard, is driving the development of CivKit, a P2P marketplace that will leverage the technology of Nostr and the Lightning network to power a…
sailor paints giant ‘B’ on boat to promote crypto across the ocean
There are some passions that are larger than life, some so expansive that they cover the seven seas. For Rémi, a captain from Brussels, this is the case. Rémi discovered Bitcoin (BTC) in early 2021 and has been on a mission to combine this with his longtime love of sailing. Cointelegraph reporter Joe Hall met up with Rémi on his…
Tornado Cash developer Roman Storm released on bail, lawyer says
Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash who was arrested on money-laundering and other charges on Aug. 23, was released on bail soon after he was detained by the United States’ Department of Justice (DOJ), his lawyer said. Storm’s lawyer Brian Klein took to X (formerly Twitter) on Aug. 24 to announce that Storm has been…
5 AI-themed movies to watch
Artificial intelligence (AI) has long captured our imaginations, inspiring both awe and trepidation about the possibilities it holds for our future. This fascination with AI’s potential has resulted in a plethora of thought-provoking movies that delve into its ethical, existential and technological implications. This article will present five AI-themed movies that offer captivating narratives while delving into the intricate relationship…