Centralized exchanges, once the primary hubs for trading and storing crypto tokens, have fallen out of favor among many investors in recent years. The collapse of high-profile exchanges like BlockFi and FTX played a big role in this shift, as crypto enthusiasts realized that centralized platforms could leave them exposed to significant risk—if a centralized exchange goes down, it’s possible…
Month: September 2023
Miner returns over $500k in BTC transaction fee overpayment to Paxos
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15. Source: https://cointelegraph.com/app/public/index.php/news/miner-returns-over-500k-btc-transaction-fee-overpayment-paxos
How to Use Yieldflow: the DeFi Protocol for Passive Growth of Digital Assets
Centralized exchanges, once the primary hubs for trading and storing crypto tokens, have fallen out of favor among many investors in recent years. The collapse of high-profile exchanges like BlockFi and FTX played a big role in this shift, as crypto enthusiasts realized that centralized platforms could leave them exposed to significant risk—if a centralized exchange goes down, it’s possible…
Japan to allow start-ups to raise funds by issuing crypto instead of stocks: Report
The Japanese government reportedly plans to permit start-ups to raise public funds through the issuance of crypto, assets, such as currencies, instead of stocks, local media has reported. According to Japanese financial news site Nikkei.com, this updated system is specifically applicable to a category of funds known as Investment Business Limited Partnerships (LPS). So far, Japan has lagged behind the…
JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning
Crypto exchange JPEX has reportedly increased its withdrawal fee to up to 999 Tether (USDT) after receiving a warning from Hong Kong’s Securities and Futures Commission (SFC). The staff of the exchange has also been reportedly missing from its Token 2049 booth in Singapore. On Sept. 13, the SFC, Hong Kong’s crypto watchdog, issued a warning against JPEX for actively promoting…
Miner returns over $500k in BTC transaction fee overpayment to Paxos
Bitcoin explorer Mempool shared blockchain data that confirmed the funds were sent back on Sept. 15. Source: https://cointelegraph.com/public/index.php/news/miner-returns-over-500k-btc-transaction-fee-overpayment-paxos
Five AI trends to look forward to in 2023 and beyond
The artificial intelligence (AI) market has been growing at an exponential pace over the last couple of years, thanks in large part to consumer-ready products such as ChatGPT, Google Bard and IBM Watson that are now being used commonly across the globe. To this point, global management consulting firm McKinsey believes that anywhere between 50% and 60% of all organizations…
AI music sending traditional industry into ‘panic’, says new AI music platform CEO
Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has seen a particular struggle in the creative industries. Major players in the music industry from artists and record labels to institutions like the Grammys and YouTube have all had to factor…
Sam Bankman-Fried: ‘There’s Nothing I Can do to Make my Lifetime Impact Net Positive’
Disgraced 31-year-old former FTX CEO Sam Bankman-Fried feels “broke” and “hated” and says there’s nothing he can do to change the public’s negative perception of him, according to 250 pages of writings penned since his house arrest in December. The manuscript was leaked to crypto journalist/YouTuber Tiffany Fong, who subsequently shared it with the New York Times, which then published…
XRP lawyer John Deaton joins LBRY case as amicus curiae
Deaton is known for his active engagements in legal proceedings and discussions surrounding cryptocurrency regulations and legal actions. Source: https://cointelegraph.com/public/index.php/news/xrp-lawyer-john-deaton-joins-lbry-case-as-amicus-curiae