Tracing funds is highly challenging, according to the FTX Debtors’ second interim report, and there is no doubt that that was by design. FTX has recovered about $7 billion in liquid assets so far, and the search for additional assets is continuing, CEO John Ray said in the FTX Debtors’ second interim report, released June...Continue Reading

Generative AI leverages large data sets and sophisticated models to mimic human creativity and produce new images, music, text and more. Generative artificial intelligence (AI), fueled by advanced algorithms and massive data sets, empowers machines to create original content, revolutionizing fields such as art, music and storytelling. By learning from patterns in data, generative AI...Continue Reading

Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at federal regulatory agencies to weigh in...Continue Reading

Three trial use cases have been completed as part of the project, and the report uses them as a “framework for consideration” of financial market infrastructure. As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to...Continue Reading

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade, according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing...Continue Reading

CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally. A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report via CoinShares. Totalling $199...Continue Reading

This latest report is a guide to help the next generation of cryptocurrency users and veterans alike in the ways of decentralized finance. The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing out (FOMO), which drove prices of Bitcoin (BTC) and much of the...Continue Reading

BTC price performance goes sideways but Bitcoin bulls retain $30,000 as support after the weekly close. Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support. BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF hype puts demands on U.S. session Data from Cointelegraph Markets Pro and TradingView showed BTC price...Continue Reading

Davinci Jeremie believes that while many people missed out on the opportunity to buy Bitcoin 10 years ago, it’s not too late to get into crypto. While crypto advocate Davinci Jeremie expected to become a hero to his community after talking about Bitcoin (BTC) and why they should buy at least $1 worth of it...Continue Reading

Venture capital firms invest in early-stage startups to fuel innovation, growth and technological advancements within the crypto ecosystem. Future of venture capital financing in the crypto space The recent United States Securities and Exchange Commission charges brought against major crypto exchanges may significantly impact future VC financing for cryptocurrencies.  The allegations highlight the regulatory issues...Continue Reading