Wallet of Satoshi, a popular wallet for use with Bitcoin’s Lightning Network, recently made an announcement that shook the cryptocurrency community. On November 24, the company declared the termination of support for U.S. users. This decision has raised speculations regarding the underlying reasons and potential regulatory implications. In their announcement, Wallet of Satoshi acknowledged the
The U.K. is taking a significant step toward revolutionizing the investment sector by officially authorizing funds to develop tokenization. This project aims to enhance efficiency, transparency, and competitiveness within the industry, according to a press release by The Investment Association. The initiative is a collaboration between the Technology Working Group of the government’s Asset Management
In the ever-evolving world of cryptocurrencies, trading insights backed by data analysis have become the holy grail for investors. Launchpad XYZ, a recently launched cryptocurrency project, has caught the attention of many with its innovative use of artificial intelligence (AI) and machine learning (ML) to provide valuable trading insights. With its proprietary system, Launchpad Quotient,
Shiba Inu’s burn tracker, Shibburn, has recently shed light on the concerning behavior of Ryoshi, the pseudonymous creator behind the popular meme coin, SHIB. The community project boldly accused Ryoshi of acting against the best interests of the SHIB ecosystem. Shibburn’s claims mainly revolve around the founders’ lack of honesty and transparency in their dealings.
Singapore’s blockchain-powered private markets exchange, ADDX, has recently announced the listing of a deep-value equity fund managed by Aggregate Asset Management (AAM). This fund, which utilizes machine learning to optimize investment strategy and returns, aims to achieve a compound annual growth rate of 8%, and it is open-ended for investors. Leadership and Investment Approach Aggregate
Former Binance CEO Changpeng Zhao experienced a temporary restriction on his social media profile after stepping down from his executive position. This article aims to analyze the incident and its implications for Zhao and the broader crypto community. On November 23, attempts to access Zhao’s social media profile on X returned a restricted account message.
In East Asia’s cryptocurrency landscape, Huobi Global (now known as HTX) has experienced a string of devastating security breaches within a short span of just two months. The most recent attack occurred on November 22, resulting in a staggering loss of $13.6 million from a hot wallet hack. This incident follows the exploitation of HTX
The Monetary Authority of Singapore (MAS) recently announced expanded regulations aimed at safeguarding retail crypto users from potential risks in the industry. With the cryptocurrency market rapidly growing, the financial regulator has directed Digital Payment Token (DPT) service providers in Singapore to adopt specific measures to discourage speculative crypto activities by retail customers. MAS has
Major players in the crypto market are showing a keen interest in yPredict tokens as the platform’s integration of predictive analytics and artificial intelligence (AI) for crypto asset management gains traction. With its successful multi-million dollar presale fundraising round coming to a close, yPredict, the artificial intelligence and crypto analytics startup, is poised to revolutionize
The U.S. Department of Justice (US DOJ) recently took action to prevent former Binance CEO and founder Changpeng ‘CZ’ Zhao from leaving the continental United States before his sentencing. This move occurred after Binance and CZ pleaded guilty to charges of Bank Secrecy Act violations and agreed to pay a staggering $4.3 billion to settle