Month: May 2024

Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace

On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell, and exchange vehicle reservation build slots. Web3 Agency Otherlife and Auto […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing

The court listing’s title referred to a May 29 telephone conference , “without transcription or recording.” Counsels for all the parties were present. As the parties informed the Court that they reached a settlement in principle, an oral argument previously set for May 29 was cancelled. The parties must file the required documents in support of the settlement in front of Judge Jed S. Rakoff by June 12. Source

BlackRock Overtakes Grayscale To Become The Largest Bitcoin Fund In The World With $20 Billion AUM

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American multinational investment company BlackRock, has recently achieved a monumental milestone, recording over $20 billion in total assets. The BlackRock Spot Bitcoin ETF has successfully surpassed Grayscale to become the largest Bitcoin fund in the world.  BlackRock Overtakes Grayscale  BlackRock iShares Bitcoin Trust has recently become the world’s largest Bitcoin fund, overtaking its primary rival, Grayscale Bitcoin Trust (GBTC).  Related Reading As of Tuesday, May 28, BlackRock’s Spot Bitcoin ETF held around $19.68 billion in Assets Under Management (AUM), overthrowing Grayscale’s Bitcoin ETF with $19.65 billion and surpassing the third…

NYDFS Issues New Crypto Firm Guidance for Consumer Complaints

“Consumers have a right to a transparent and timely process for resolving complaints and answering questions, irrespective of the company or product in question,” said NYDFS Superintendent Adrienne A. Harris. “This guidance outlines clear expectations for a positive customer experience, which benefits both consumers and business.” Source

How Anthropic Designed Itself to Avoid OpenAI’s Mistakes

Last Thanksgiving, Brian Israel found himself being asked the same question again and again. The general counsel at the AI lab Anthropic had been watching dumbfounded along with the rest of the tech world as, just two miles south of Anthropic’s headquarters in San Francisco, its main competitor OpenAI seemed to be imploding. OpenAI’s board had fired CEO Sam Altman, saying he had lost their confidence, in a move that seemed likely to tank the startup’s $80 billion-plus valuation. The firing was only possible thanks to OpenAI’s strange corporate structure,…

Crypto Analyst Predicts Top Altcoins To Make A 10x In 90 Days

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In his latest YouTube video titled “If I Had To 10X My Money In 90 Days, I’d Buy This Crypto Altcoin”, Miles Deutscher, renowned crypto analyst Miles Deutscher presented a refined outlook on altcoins he believes are positioned for significant gains in the next 90 days. Originally aiming to spotlight altcoins capable of a 20x return by the cycle’s end, Deutscher adjusted expectations based on realistic market analysis, highlighting those with the potential for a 10x increase. Altcoins With A 10x Potential Deutscher began his analysis by addressing the volatility…

Velar (VELAR) Integrates Bitcoin with DeFi Through Stacks Blockchain

Velar, a Decentralised Finance (DeFi) liquidity protocol, is leveraging Bitcoin’s security through a Layer 2 agnostic approach, initially utilising the Stacks blockchain and the Clarity smart contract language. According to Bitfinex, Velar is designed to integrate Bitcoin’s foundational strength with advanced DeFi capabilities, unfolding in strategic phases to introduce sophisticated solutions like automated liquidity protocols and decentralised perpetual contracts exchanges with up to 20X leverage. DeFi on Bitcoin via Velar and the Stacks Bitcoin Layer Two Velar’s primary aim is to harness the strength and…