In brief Gespa, Switzerland’s gambling authority, filed a formal criminal complaint against FIFA’s NFT collectibles platform. The regulator pointed to the site’s random draws and right-to-buy offerings, which it likened to sports betting and …
Crypto Education
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Citizens Sees Ether (ETH) Primed for $10K as Supply Tightens and Institutional Demand Surges
by adminby adminAmerican bank Citizens said ether ETH$3,737.16 could climb above $10,000 in the next two years, citing growing adoption, increasing institutional inflows and a shrinking supply. The bank said it expects accelerating adoption of Ethereum …
Key takeaways Unlike Bitcoin, many altcoins have low liquidity and limited oversight, making them prone to price manipulation and insider exploitation. Sudden spikes in trading volume, large whale transfers to exchanges, token unlocks or …
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Salesforce Faces Class Action Over Alleged Illegal AI Training Data
by adminby adminIn brief Authors E. Molly Tanzer and Jennifer Gilmore have sued Salesforce, alleging it “pirated hundreds of thousands of copyrighted books” to develop its XGen AI models. The lawsuit claims Salesforce initially disclosed using …
Blockchain technology showed its potential as the driving force behind numerous cryptocurrencies worldwide. Do you know that blockchain platforms provide the ideal foundation to create decentralized applications for different industries? The top blockchain platforms …
There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government …
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BlackRock Expands Stablecoin Push With Fund to Manage Reserve Assets
by adminby adminIn brief BlackRock will adapt one of its money market funds to specifically serve stablecoin issuers under the recently passed GENIUS Act. The fund will be an approved reserve asset U.S. stablecoin issuers can …
Tom Lee, co-founder of Fundstrat and chairman of BitMine Technologies, predicts that Ethereum could “flip” Bitcoin — just as Wall Street outgrew gold’s role in the modern financial system. The executive also forecasted that …
Bitcoin BTC$106,803.77 continued to lose ground Friday, falling below a key average as risk stayed on the defensive, driving Treasury yields to multi-month lows. The leading cryptocurrency by market value fell below its 200-day …
U.S. Bank has established a new Digital Assets and Money Movement organization, in hopes to “to accelerate development of and grow revenue from emerging digital products and services such as stablecoin issuance, cryptocurrency custody, …