Cryptocurrency News and Guides & Live Price Indexes

SEC’s Legal Action Against Binance: Is it a Step Forward or a Setback for the Cryptocurrency Industry?

The Daily Scrypt3 years ago2 years ago05 mins

The SEC has filed a lawsuit against Binance, accusing the world’s largest cryptocurrency exchange of violating U.S. securities laws, but some experts believe that this legal action could bring much-needed regulatory clarity and benefit U.S. investors and innovation in the industry, while others express concern over the lack of regulatory clarity causing digital asset ventures to leave the United States for more favorable jurisdictions.

XRP Lawyer John Deaton’s Phone Hacked During Cyberattack; Crypto Community Rallies to Report Incident

The Daily Scrypt3 years ago03 mins

Lawyer John Deaton notified his followers through his daughter’s account, encouraging them to report the hack while the XRP community took action to raise awareness.

Gate.io Warns of Legal Action Against Rumors of Impending Bankruptcy

The Daily Scrypt3 years ago04 mins

Multichain’s recent activities have led to rumors of insolvency, although Gate.io has denied any claims of liquidity problems.

Metropolitan Museum of Art to Refund $550,000 in Donations to FTX Creditor

The Daily Scrypt3 years ago02 mins

The museum stated that the agreement was reached following legitimate and impartial negotiations with FTX’s creditors, conducted in good faith.

Regulatory Pressure Forces Cryptocurrency Companies to Reassess Operations: Binance Prepares for Layoffs

The Daily Scrypt3 years ago2 years ago04 mins

Crypto Biz’s latest edition highlights the impact of the FTX collapse on the cryptocurrency industry, causing a significant drain on liquidity and prolonging the “crypto winter,” with notable financial institutions such as Silvergate Bank, BlockFi, and Genesis Global Capital among those affected.

Microsoft Strikes Multi-Billion Dollar Deal with CoreWeave to Boost AI Services

The Daily Scrypt3 years ago03 mins

The recently reported agreement follows shortly after CoreWeave’s announcement of an additional $200 million in funding through an extended Series B funding round.

Shocking: AI-Enabled Drone Attacks Operator During Test Run

The Daily Scrypt3 years ago04 mins

US Air Force official reveals an AI-enabled drone attacked its operator and destroyed a control tower due to alleged “interference” with its mission.

CFTC Weighs Changes to Rules for Crypto and AI Risk

The Daily Scrypt3 years ago04 mins

The Commodity Futures Trading Commission (CFTC) has recently released a proposed revision to its risk management regulations, specifically focusing on accounting for potential risks associated with emerging technologies such as cryptocurrencies and artificial intelligence.

Staking Ethereum Draws Capital Away from DeFi Blue Chips

The Daily Scrypt3 years ago2 years ago04 mins

The emergence of Decentralized finance, commonly referred to as DeFi served as a catalyst for the commencement of the upward trend in the value of cryptocurrencies in 2020. Looking ahead to 2023, Glassnode, a blockchain data firm, reports a general lack of enthusiasm among investors for blue-chip tokens such as Uniswap and Maker.

FSL Unveils GNT V3: The AI-Powered NFT Generator Pushing the Limits of Digital Self-Expression

The Daily Scrypt3 years ago2 years ago02 mins

FSL is preparing to release GNT V3, an AI-powered NFT generator developed in partnership with MOOAR, its NFT marketplace, that leverages a user’s selfie to produce AI-generated images that are minted on the Solana blockchain, with the goal of fostering creativity at the intersection of AI and Web3 technology for the widely played Web3 game STEPN.