Donald Trump has officially launched his family’s cryptocurrency venture, World Liberty Financial, during a livestreamed interview on the social media platform X. This announcement comes as Trump, the Republican presidential nominee, seeks to expand his influence in the digital currency space. However, the details surrounding the venture remain vague, sparking curiosity and skepticism alike. Limited Details on World Liberty Financial…
Though some Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project. Source: https://cointelegraph.com/news/crypto-donald-trump-wlfi-token-voting-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds.” style=”float:left;margin:0 15px 15px 0″ />Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for…
Last week, OpenAI unveiled its latest AI model, o1, after a wave of speculation involving different post-GPT4 models with cryptic names including “Strawberry,” “Orion,” arguably “Q*,” and the obvious “GPT-5.” This new offering promises to push the boundaries of artificial intelligence with enhanced reasoning capabilities and scientific problem-solving prowess. Developers, cybersecurity experts, and AI enthusiasts are abuzz with speculation about…
Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last. Source: https://cointelegraph.com/news/bitcoin-rallies-to-61k-but-derivatives-traders-are-still-skeptical-here-is-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The U.S. Securities and Exchange Commission (SEC) announced Tuesday that FTX’s former auditor, Prager Metis, has reached a $1.95 million settlement with the regulator. The agreement resolves allegations of negligence-based fraud stemming from Prager Metis’ relationship with the collapsed crypto exchange. At the same time, the agreement covers alleged violations of auditor independence rules dating back as early as 2017.…
The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s […] Source: https://news.bitcoin.com/sec-fines-prager-metis-1-95m-over-negligent-ftx-audits/
Tether’s stablecoin continues to dominate rivals, including Circe’s U.S. Dollar Coin (USDC). Source: https://cointelegraph.com/news/usdt-on-ton-chain-surpasses-1-billion-token-terminal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds was Blackrock‘s IBIT, which pulled in $15.82 million in […] Source: https://news.bitcoin.com/bitcoin-etfs-rise-with-12-9m-gains-while-ether-etfs-struggle/
Algorithmic trading firm Wintermute has announced the launch of OutcomeMarket, a decentralized prediction market platform that will initially focus on the 2024 U.S. presidential election with tokens tied to candidates Donald Trump and Kamala Harris. Launching next week, the platform allows users to participate directly in prediction markets across Ethereum (ETH) and its layer-2 scaling networks Base and Arbitrum, and…
