After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison. On Oct. 30, almost two years after cryptocurrency exchange FTX experienced a liquidity crisis and filed for bankruptcy, former engineering director Nishad Singh will stand before a judge in a New York courtroom...Continue Reading

Meta partners with Reuters in its first major AI news deal, bringing real-time Reuters content to its AI chatbot on platforms such as Facebook, Instagram and WhatsApp. Meta, the parent company of Facebook and Instagram, has entered a multiyear partnership with news agency Reuters to integrate artificial intelligence chat functions into its platforms. According to...Continue Reading

MicroStrategy is up over 1,500% since 1999 compared to Microsoft’s 1,460% gains during the same 25-year period. MicroStrategy’s bet on Bitcoin is paying off handsomely as its stock soared more than 7% on Oct. 25, marking a new 25-year high at $236. This was a continuation of a six-week rally for the world’s largest corporate...Continue Reading

Etherscan’s v2 API beta unifies access to more than 50 EVM-compatible networks, simplifying development and increasing efficiency. Etherscan, a blockchain explorer and analytics provider, has introduced its v2 application programming interface (API) update, a significant upgrade to simplify multichain development. The beta release of Etherscan v2 allows developers to access data across 50 Ethereum Virtual...Continue Reading

 Increased emigration from Israel has led to fears of a brain drain. A year on from the start of the Israel-Hamas war, the Israeli blockchain industry is facing the challenges of widening geopolitical unrest in the region, with some talent “hesitant to consider” roles within its borders.  Despite this, Israeli business leaders who spoke to...Continue Reading

Retail investors, not institutions, have been responsible for most of the demand for spot bitcoin ETFs since their launch, says a new report from Binance.  Retail investors are responsible for most of the demand for spot Bitcoin exchange-traded funds, according to new research from crypto exchange Binance.  In an Oct. 25 research report on crypto...Continue Reading

An exploit on the Base blockchain revealed major vulnerabilities leading to $1M in stolen funds and raising security alarms in DeFi. An exploit involving unverified lending contracts on the Base blockchain resulted in the theft of about $1 million. The incident, which took place over several hours, was reported by blockchain security firm Cyvers Alerts...Continue Reading

Ether’s monthly momentum indicator suggests a potential 25-50% rebound against Bitcoin in 2025. Ethereum’s native token, Ether (ETH), continues losing its strength against Bitcoin (BTC), with the ETH/BTC pair treading around 0.0365 BTC as of Oct. 25, its lowest level since April 2021. ETH/BTC daily price chart. Source: TradingView Underwhelming exchange-traded fund launches and increasing...Continue Reading

The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem. Central bankers are claiming that Bitcoin is unfair. In doing so, they’re laying the foundation for high tax rates on Bitcoin — from mining to capital gains taxes — and even an outright ban. ...Continue Reading

Ripple challenges SEC’s ruling on institutional XRP sales, claiming the Howey test was misapplied. Ripple Labs has filed a Form C in the United States Court of Appeals for the Second Circuit, challenging a recent ruling from the US Securities and Exchange Commission, the company said. Ripple’s chief legal officer, Stuart Alderoty, confirmed the filing...Continue Reading