Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August. Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow...Continue Reading

After two years, Coinbase and Kraken said they will re-enable XRP trading, iTrustCapital announced it already relisted the token, and exchanges including Gemini may follow suit. Following a victory in federal court against the United States Securities and Exchange Commission (SEC), Ripple Labs may see the XRP token returning to cryptocurrency exchanges. In a July...Continue Reading

The U.S. federal agency wants to know if the revolutionary AI tool has sound privacy practices and whether it has led to consumer harm. OpenAI, maker of AI chatbot ChatGPT and related products, has received a criminal investigative demand (CID) from the United States Federal Trade Commission (FTC), the Washington Post reported on July 13....Continue Reading

According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading. Argentina welcomed its first Bitcoin (BTC) futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda. According to Matba Rofex,...Continue Reading

Bitcoin and crypto markets seem ready to put in a “major move,” commentary concludes, as BTC price action coils up below $31,000. Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls. BTC/USD 1-hour chart. Source: TradingView PPI shows U.S. inflation retreating beyond expectations Data from...Continue Reading

Authorities said they had reached a “non-prosecution agreement” with Celsius, but former CEO Alex Mashinsky will face criminal charges related to fraud and misleading users. The United States Attorney for the Southern District of New York and Federal Bureau of Investigation have announced fraud charges against the former CEO of bankrupt crypto lender Celsius, Alex...Continue Reading

CEO Brad Garlinghouse recently opined that the case would end soon, but the fight for crypto wasn’t over yet. Ripple Labs scored a victory in the United States district court in the southern New York district on July 13 as judge Analisa Torres ruled in favor of the company in a case brought forth by...Continue Reading

The regulator said Celsius “squandered billions in user deposits” after “duping” customers into depositing funds. The United States Federal Trade Commission has issued a $4.7-billion fine against bankrupt crypto lender Celsius Network. However, the judgement will be suspended to “permit Celsius to return its remaining assets to consumers in bankruptcy proceedings.” According to the July...Continue Reading

Discover the transformative potential of ChatGPT in daily life and explore its various applications that are unlocking new possibilities. As technology continues to evolve, ChatGPT is getting a lot of attention for various reasons. For instance, ChatGPT can introduce users to a variety of game-changing applications that can improve everyday life and revolutionize interactions with...Continue Reading

The cryptocurrency exchange claims its total proof-of-reserves ratio has reached 223% in its latest July report. Cryptocurrency exchange Bitget says its total proof-of-reserves ratio has reached 223%. In a July 13 announcement, Bitget revealed that its total reserve currently stands at $1.44 billion spread across 31 different crypto assets. Reserve ratios for Bitcoin (BTC), Tether (USDT),...Continue Reading