Things SBF's Defense Lawyers Should be Freaking out About Source
Things SBF's Defense Lawyers Should be Freaking out About
Day: October 13, 2023
Largest DEX Uniswap Launches Beta Wallet App for Android on Google Play Store
The freshly introduced Uniswap Android beta app offers a feature that enables users to choose coins from various blockchains without the need to manually switch networks. On Thursday, October 12, decentralized crypto exchange Uniswap unveiled a closed beta Android version of its wallet app. This is the first time that Uniswap is bringing an application interface for users. So far, it was only available on the PC and iOS mobile devices. Uniswap stands as the leading decentralized cryptocurrency exchange globally in terms of cumulative trading volume, having facilitated over $1.7…
Biden considers tightening AI chip controls to China via third parties
The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties. According to a report from Reuters on Oct. 13, people close to the matter have said that the Biden administration is targeting a loophole that has allowed developers in China to purchase chips from the infamous Huaqiangbei electronics area in Shenzhen, a city in southern China. The sources reportedly claim that the additional rules on AI chips will come out this month…
New Gaming Altcoin Skyrockets Over 267% After Listings on Crypto Exchanges Binance and Coinbase
A brand-new gaming altcoin has ripped by more than 267% this week after listings on multiple top crypto exchanges. Big Time (BIGTIME) is a free-to-play multiplayer action RPG game that launched its preseason on Tuesday after years of development. The BIGTIME token, which powers Big Time’s economy, also debuted this week, soaring from around $0.0709 on Tuesday to around $0.26 at time of writing. The asset also briefly reached a high of more than $0.333 at one point on Thursday morning. The token’s astronomical gains materialized after a slew of…
Flare Network Will Burn 2% of Total Token Supply to Support Ecosystem
“We are very happy to have reached an agreement with our shareholders and thank them for their support,” Hugo Philion, CEO and co-founder of Flare, said in a statement. “Without this burn, the investors would be able to claim approximately 3x their original allocation through the FlareDrops, unfairly diluting community holdings.” Source BurnEcosystemFlareNetworkSupplySupportTokenTotal CryptoX Portal
FTX’s $477 Million Heist: A Trail of Blockchain Clues Unearthed
In the shrouded realm of blockchain, the FTX hack that transpired on November 11, 2022, stands as a glaring testament to the cryptic trails a nefarious act can leave behind. The Bahamas-based cryptocurrency exchange, FTX, fell prey to an unidentified hacker who made off with a staggering $477 million, plunging the exchange into bankruptcy. The maleficent actor was quick to take to the shadows, embarking on a quest to launder the stolen assets through a maze of decentralized exchanges (DEXs), cross-chain bridges, and mixers. The pilfered assets witnessed a loss…
Twitter Alternative Bluesky Gets Its First Third-Party App Dubbed Graysky
Bluesky will differ from Twitter in terms of its algorithmic preferences where users get the choice to subscribe to custom feeds. With Graysky, Bluesky takes a more decentralized approach. Bluesky, a Twitter alternative backed by Jack Dorsey got its first third-party app from mobile users, dubbed Graysky. So far, there have been numerous projects already built on Bluesky’s API, and are currently under testing. However, Graysky became the first to ship to the Apple App Store and is now available for preorder with a launch date of October 21. Sooner…
G20 adopts IMF-FSB Synthesis Paper on crypto regulation
On Oct. 13, the Group of Twenty (G20) — an intergovernmental forum comprising 19 sovereign countries, the European Union and the African Union — unanimously adopted the “G20 Finance Ministers and Central Bank Governors Communique” during its meeting in Marrakesh, Morocco. G20 members accepted the crypto regulatory roadmap proposed in a joint report by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) in September titled “IMF-FSB Synthesis Paper: Policies for Crypto-Assets.“ The G20 states: “We call for swift and coordinated implementation of the G20 Roadmap, including implementation of…
Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain. Source
Analyst Predicts Next Bitcoin Cycle Top
The cryptocurrency landscape is once again rife with speculation as Bitcoin traverses its current fourth halving cycle. Amidst varied predictions, renowned crypto analyst CryptoCon’s insights, grounded in the Gann Square methodology, the November 28 Halving Cycles theory, and the 5.3 Diminishing Returns theory have garnered significant attention. CryptoCon remarked via X (formerly Twitter) today, “The Gann Square predicts either $89,000 or $135,000 for the Bitcoin top this cycle.” He emphasized the accuracy of the Gann Square theory during previous cycles, pointing out its precision in predicting the cycle tops. Will…