News Archives - Page 636 of 2291

Hong Kong Chief Executive Vows to Strengthen Crypto Regulations Following JPEX Fraud Allegations

By Temitope Olatunji Sep 19, 2023 • 3 mins read

The Hong Kong Securities and Futures Commission, in their statement regarding the arrest of the alledged fraudsters, pointed out that JPEX was not licensed and lacked the authority to host a cryptocurrency trading platform within the community.

Commodities & Futures, Market News, News

Olive Oil Prices Spike to Record Highs amid Drought-Induced Supply Crisis

By Godfrey Benjamin Sep 19, 2023 • 3 mins read

Similarly, the global rice market is currently under pressure as China, the world’s top rice producer, deals with severe rain and flood concerns in its grain-producing north-eastern area.

Business News, Investors News, News, Startups

Former Andreessen Horowitz Executives Raise $25M for New Web3 Startup

By Chimamanda U. Martha Sep 19, 2023 • 3 mins read

Bastion plans to use the funds to scale its operations, attract top engineering talent, and secure additional licensing to diversify its product offerings.

Blockchain News, Cryptocurrency News, News

Standard Chartered’s Zodia Custody Begins Offering Yield on Crypto Holdings

By Tolu Ajiboye Sep 19, 2023 • 3 mins read

Zodia Custody will now offer yield on digital assets to institutional clients in addition to providing its custody services.

News, Social Media, Technology News

Elon Musk: X Moving toward Charging Small Fee for Using Platform

By Darya Rudz Sep 19, 2023 • 3 mins read

The amount to be charged has not been revealed. Currently, the X platform has 550 million monthly users who generate 100 to 200 million posts every day.

Artificial Intelligence, News, Technology News

Google and DoD Join Efforts to Build AI-Powered Microscope

By Darya Rudz Sep 19, 2023 • 3 mins read

The estimated cost of ARM for health systems is between $90,000 to $100,000. Notably, the Department of Defense and Google aim to make this technology more widely accessible, particularly for smaller health systems that may not have enough resources for full-scale digitization.

Blockchain News, Business News, Cryptocurrency News, Investors News, News

VC Firm Blockchain Capital Raises $580M for Two New Funds

By Mercy Tukiya Mutanya Sep 19, 2023 • 2 mins read

Blockchain Capital’s Head of Capital Formation Jason Di Piazza stated that most of the firm’s limited partners are traditional institutional investors.

Blockchain News, Cryptocurrency News, News

FTX Files Lawsuit against Founder’s Parents Over Alleged Fund Misappropriation

By Godfrey Benjamin Sep 19, 2023 • 3 mins read

FTX’s lawsuit seeks redress for the alleged fraudulent financial activities undertaken by Joseph Bankman and Barbara Fried.

Blockchain News, Cryptocurrency News, FinTech News, News

PayPal Releases First PYUSD Transparency Report, Shows Slow Adoption

By Babafemi Adebajo Sep 19, 2023 • 2 mins read

Despite the slow uptake, the transparency report suggests that PYUSD is effectively backed up by reverse repurchase agreements.

Binance News, Blockchain News, Cryptocurrency News, News

US SEC Strikes against Ceffu Wallet as Binance-Affiliate in Motion against BAM

By Bhushan Akolkar Sep 19, 2023 • 2 mins read

The US SEC has reaffirmed its claims of undeniable ties between wallet provider Ceffu and Binance in its recent motion against BAM, the parent company of Binance.US.

Blockchain News, Cryptocurrency News, News

Top NFT Marketplaces Delist Stoner Cats NFTs amid SEC Charges

By Mayowa Adebajo Sep 19, 2023 • 2 mins read

The moves appear to be in line with a recent announcement by the US SEC.

Blockchain News, Cryptocurrency News, News

Citigroup Announces Piloting of Citi Token Services to Enhance Cross-Border Payments

By Steve Muchoki Sep 19, 2023 • 3 mins read

Through the use of blockchain technology, Citigroup anticipates reducing cross-border timelines from days to instantaneous.

Altcoin News, Blockchain News, Cryptocurrency News, News

Toncoin Leads Massive Rally among Top Ten Crypto after Telegram Endorsement

By Bhushan Akolkar Sep 19, 2023 • 3 mins read

As part of this partnership, Telegram will use the TON as the chosen blockchain for expanding its Web3 infrastructure.

Bitcoin News, Cryptocurrency News, News

Bitcoin Price Rejected Above $27K amid Spike in Address Activity to This Year’s High

By Steve Muchoki Sep 19, 2023 • 3 mins read

Heightened Bitcoin demand by institutional investors amid the incoming halving event in about six months has kept the bullish narrative alive.

Binance News, Blockchain News, Cryptocurrency News, News

SEC Accuses Binance.US of Refusal to Cooperate with Investigation, Receives Approval to Unseal or Unredact Case Documents

By Tolu Ajiboye Sep 19, 2023 • 3 mins read

The SEC has received approval to unseal several documents to further its Binance.US investigation and accused the company of noncooperation.