In the wake of Elon Musk’s announcement of GROK, an AI chatbot that rivals ChatGPT, a slew of GROK tokens have emerged. These tokens have sparked the interest of new developers who hope to replicate the successes of Dogecoin (DOGE) and Shiba Inu. Inspired by GROK’s AI capabilities modeled after the Hitchhiker’s Guide to the
Blockchain
Avraham Eisenberg, the accused individual who allegedly exploited Mango Markets, is facing a significant delay in his trial. Initially scheduled for December 4, 2023, the trial has been rescheduled to April 8, 2024, as per court documents. Eisenberg’s legal team sought the postponement after their client was unexpectedly transferred from a New Jersey prison to
With the founder of FTX, Sam Bankman-Fried, facing the possibility of a long prison sentence, there is growing concern about the fate of his former colleagues and co-defendants. Nishad Singh, FTX’s director of engineering, Gary Wang, the exchange’s chief technical officer, and Caroline Ellison, former CEO of FTX sister trading firm Alameda Research, have all
SafeMoon, a decentralized finance (DeFi) protocol, recently released an official statement regarding ongoing litigation with the United States Securities and Exchange Commission (SEC). In this article, we will analyze the implications of the SEC charges and the potential impact they may have on the platform. SafeMoon acknowledged the seriousness of the SEC charges and expressed
Render Network, a 3D content rendering platform, has recently made a significant move from the Ethereum blockchain to Solana. This relocation is driven by the desire to leverage Solana’s high throughput and lower transaction costs. By upgrading their core infrastructure to Solana, Render Network aims to enhance the rendering services it offers to 3D content
Coinbase, a popular cryptocurrency exchange, recently announced the launch of its native Bitcoin and Ethereum futures contracts for retail traders in the United States. This new service is being rolled out via the Coinbase Advanced platform, offering regulated crypto futures contracts to eligible US investors. Coinbase’s launch of Bitcoin and Ethereum futures contracts for retail
A specialized crypto crime unit in South Korea is facing overwhelming challenges just over a year after its inception. The unit, known as the Yeoido Grim Reaper, operates under the Seoul Southern District Prosecutors’ Office. Originally focused on investigating conventional financial crime, it was disbanded four years ago. However, the Justice Ministry ordered its reformation
The recent arrest of Alexander Vechirko by the Russian FSB (Federal Security Service) has shed light on the potential dangers associated with cryptocurrency donations to Ukraine’s military. Vechirko, a 54-year-old man residing in the Khabarovsk Territory with Russian citizenship, has been formally charged with “high treason” for allegedly sending crypto donations to the Armed Forces
Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX, recently testified in Manhattan federal court, where his unkempt hair and casual style of dressing came under scrutiny. Bankman-Fried, however, vehemently dismissed claims made by former Alameda Research CEO Caroline Ellison that his appearance was a deliberate strategy to enhance his image. According to Bankman-Fried,
Binance USD (BUSD), the stablecoin issued by Paxos for crypto exchange Binance, has experienced a significant decline in market capitalization. From its peak in November 2022 at $23.5 billion, the current market cap stands at close to $2.1 billion according to CoinGecko data. This substantial decrease in market cap places BUSD at a much lower