Ren Protocol was acquired by Alameda Research in February 2022 to expedite the decentralization of its tech. Cross-chain bridge platform Ren Protocol has announced that FTX, Alameda Research and other affiliates that acquired the platform in 2022 have authorized and directed the platform to move all its crypto assets to FTX debtors’ wallets. According to...Continue Reading

The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May. The securities regulator of Argentina has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin futures contract will start trading in May and the exchange claimed it will be the...Continue Reading

According to anonymous sources close to the company, Musk purchased nearly 10,000 graphics processing units with the intention of furthering his AI projects at Twitter. Elon Musk – CEO of SpaceX, Tesla and, as of last October, Twitter – recently made headlines when he spearheaded a request to halt AI development due to concerns. Despite...Continue Reading

The government is asking about Metaverse user experiences and concerns along with potential obstacles that local firms may face entering the virtual realm. The French government is seeking public comment on the Metaverse, or what it’s calling the “virtual immersive universe,” to shape “a French strategy” for the up and coming sector and offer an...Continue Reading

The account services for crypto firms come at a time when U.S.-based firms are struggling to find local banking partners and are frequently looking abroad. ZA Bank, Hong Kong’s biggest virtual bank by assets is reportedly set to provide crypto account services and facilitate crypto-to-fiat exchanges. According to an April 12 Bloomberg report, the bank...Continue Reading

The United States and the greenback will suffer if stablecoin regulations are not rolled out this year, Stellar Development Foundation’s chief has claimed. United States financial regulators are tightening their grip on the crypto industry and the U.S. dollar has also been under pressure with countries distancing themselves from dollar hegemony, but the chief of...Continue Reading

The attack on Latitude Financial is Australia’s biggest cyber attack with driver’s license numbers, passports and financial documents among the stolen information. The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand. Australian financial institution...Continue Reading

The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. An estimated 170,000 Ether (ETH) of the total 18.1 million ETH staked on the Beacon Chain will be unlocked within the first week of the Shanghai hard fork being executed on Ethereum, Glassnode has...Continue Reading

The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds. The brother of a former Coinbase employee has agreed to pay the cryptocurrency exchange nearly $470,000 for his role in an insider trading scheme. According to a New York District Court filing...Continue Reading

Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors. Executives at the stablecoin issuer Circle and the bankrupt cryptocurrency lender BlockFi have been questioned by two members of Congress investigating the so-called “mutual backscratching arrangements” alleged to have taken place with the...Continue Reading