CryptoX – Cryptocurrency Analysis and News Portal Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month. Source The post Standard Chartered-Backed Zodia Markets Gains Registration in Ireland appeared first on CryptoX. CryptoX Portal
The Kleiman estate, now represented by David’s brother Ira, “has not shown that the court relied on an erroneous legal standard or made a clear error of judgment” when it struck down sanctions that were imposed on Wright for having, in the lower-tier District Court’s words, “wilfully obstructed” the legal process, Appeal Court judges said. Source
Proto-danksharding will also “serve to set the scaffolding for future scalability upgrades, including danksharding, as part of the blockchain’s ‘Surge’ roadmap,” the report said. Danksharding is a way of making Ethereum more scalable, and applies the same concept of splitting the network into shards, but instead of using these shards to increase transactions, it uses them to increase space for groups of data. Source
The 2024 Turkish Presidential Annual Program, published on Oct. 25 in the Official Gazette of the Republic of Turkey, aims to finalize crypto regulations in the country within the calendar year of 2024. Article 400.5 of the almost 500-page document reveals the planned studies to define crypto assets, which might be taxed appropriately afterward. Crypto asset providers, such as crypto exchanges, will also be given a legal definition. However, the document contains no other details on the future regulations. In September 2023, the former CEO of Turkish crypto exchange Thodex,…
OpenAI, the artificial intelligence (AI) research and deployment firm behind ChatGPT, is launching a new initiative to assess a broad range of AI-related risks. OpenAI is building a new team dedicated to tracking, evaluating, forecasting and protecting potential catastrophic risks stemming from AI, the firm announced on Oct. 25. Called “Preparedness,” OpenAI’s new division will specifically focus on potential AI threats related to chemical, biological, radiological and nuclear threats, as well as individualized persuasion, cybersecurity and autonomous replication and adaptation. Led by Aleksander Madry, the Preparedness team will try to…
What’s a better way than combining the world’s most popular sports with Web2’s most socialized aspects to introduce new users to Web3 through gaming? Association football, or soccer, boasts the largest fan base among sports enthusiasts, with over 3.5 billion estimated people rooting for their favorite teams. Built mainly for football fans, the fantasy sports industry, a vast network of virtual sports leagues where users can create their own teams, has also grown to become a $25 billion global market. Mixing fantasy football with blockchain features like nonfungible token (NFT)…
Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before. Source
This article examines three emerging crypto trends. Tron (TRX) and Dogecoin (DOGE) have been on an uptrend. Meanwhile, Everlodge (ELDG), a new web3 project, has been attracting investors. Tron’s uptrend continues Tron has been performing well despite the current bear market. According to a recent report, the network processed over 6.5 billion transactions. Meanwhile, its total value locked (TVL) is up by 2.23%, reaching an all-time high of $6.75 billion. This expansion has driven TRX prices. With a market cap of $7.9 billion, the coin is up 9% in the…
The US Securities and Exchange Securities Commission (SEC) and Ripple Labs are expected to proceed to finalize a settlement following the official dismissal of the former’s claims against Ripple’s CEO Brad Garlinghouse and its co-founder Chris Larsen. In line with that, pro-XRP legal expert John Deaton has revealed how the settlement will play out. A Settlement Isn’t Going To Be Straightforward In a post shared on his X (formerly Twitter) platform, Deaton mentioned that he doesn’t believe “there has been a single serious conversation regarding settlement” between the SEC and…
Koreans trade differently to the rest of the world, market data shows. Source