Vodafone Digital Asset Broker (DAB) has joined the Chainlink network as a node operator after completing a proof-of-concept with Japanese trading and investment company Sumitomo for exchanging trade documents across platforms. The companies hope to improve document transfer and processing of financial transactions in the $32-trillion global trade ecosystem, Vodafone said. The proof-of-concept used oracle network Chainlink’s Cross-Chain Interoperability Protocol…
Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsuit. Source: https://cointelegraph.com/public/index.php/news/binance-cz-call-dismiss-cftc-lawsuit
Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. Withdrawals “are currently available to nearly all Wallet customers,” the post stated, adding that Blockfi Interest Account (BIA) and Loan customers will be able to withdraw some assets in early 2024. BlockFi is pleased to…
Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24. Emergence is when a firm that previously entered bankruptcy successfully reorganizes its balance sheet so that its ready to repay its creditors. While not all customers can be made whole right now, the transition begins BlockFi’s…
Artificial intelligence (AI) large language models (LLMs) built on one of the most common learning paradigms have a tendency to tell people what they want to hear instead of generating outputs containing the truth. This, according to a study from Anthropic AI. In one of the first studies to delve this deeply into the psychology of LLMs, researchers at Anthropic…
Bitcoin (BTC) price currently battles to hold the $34,000 level after a stellar rally and short squeeze saw its price push above $35,000 on Oct. 23. In an Oct. 24 market update, Capriole Investments founder Charles Edwards noted that after 7 months of consolidation, Bitcoin’s upward move melted the $32,000 resistance “like butter” and he expects that the upcoming monthly…
Crypto exchange dYdX has published the open source code for its new Cosmos-based network of the same name, according to an October 23 blog post. The new code includes the “protocol, order book, front-end, and more,” the post stated. The publication of the code is intended to pave the way for a mainnet launch, which is being organized by the…
Paris fashion house Maison Margiela has launched a gamified Web3 minting experience based around the famous numbering system of its physical collections. While it doesn’t appear to have an official name (besides Numbers, as it’s listed on OpenSea), “blockchain bingo” seems like a particularly apt description. 24 token-linked digits numbered 0 to 23 are up for grabs. Over the course…
Republican members of the United States House of Representatives have chosen Tom Emmer, current majority whip and crypto proponent, as their nominee to be the next Speaker. According to multiple reports from Oct. 24, Rep. Emmer will be Republicans’ nominee in the next vote to determine a Speaker of the House following a closed-door session. The congressman was one of…
The Depository Trust and Clearing Corporation (DTCC) has removed BlackRock’s Bitcoin ETF, iBTC, from its ETF list after adding the ticker on Monday. Bitcoin’s price fell shortly after news of the removal broke out, dropping from $34,527 at 15:10 UTC to $33,432 over the next 30 minutes—a 3% drop. It now trades for $33,895, according to CoinGecko. “I’m guessing the…
