The Nigerian court has again delayed the bail application of Tigran Gambaryan, Binance’s head of crime compliance, citing the potential risks of his fleeing. Gambaryan, arrested in February along with another executive, faces severe charges, including money laundering and tax evasion. The court has permitted charges from the Federal Inland Revenue Service to be served […]
One of the responsible figures at OpenAI, Theo Jaffee, announced his resignation from the company through a social media post. Jaffee posted on X, saying that he was responsible for public communications and stated that the “voice feature in the ChatGPT app isn’t the one recently demoed.” This statement comes amid growing interest and scrutiny […]
Hong Kong’s central bank announced on Friday that it would soon create a digital currency connected to mainland China’s pilot program and accepted by local stores. This measure forms an integral part of Beijing’s plan to make the yuan international amidst increasing global tensions. Beijing supports the project, which will allow Chinese citizens to hold […]
Binance’s Financial Crimes Compliance (FCC) department has teamed up with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to dismantle a NT$200 million ($6.2 million) money laundering operation, according to a press release from Binance today. The operation involved complex methods utilizing virtual assets to conceal illicit activities. It is alleged […]
XLink, a Bitcoin blockchain bridge, is set to resume operations after shutting down on May 15 due to a $10 million hack. The breach involved XLink’s Ethereum and BNB Smart Chain (BSC) endpoints. The incident was disclosed by the XLink team early on May 15. XLink Bridge Incident Update: We recently identified a security issue […]
The price of Notcoin (NOT), a Telegram play-to-earn clicker game app, has dropped around 55% since gaining listings on well-known cryptocurrency exchanges. According to CoinMarketCap data, NOT is currently trading at $0.006587, having dropped by 54.50% as of this writing. The token’s trading volume of $1.35 billion and the market cap have fallen to $661 […]
In a recent interview with the 21st Century Business Herald, Web Yang, President of SWIFT China, discussed the challenges and potential solutions for achieving interoperability among cross-border central bank digital currencies (CBDCs). Yang highlighted that different economies are adopting various technological approaches and standards, which has led to fragmentation in CBDC systems and the risk […]
The native token of Chainlink, LINK, increased in value by over 16% after the project with the largest securities settlement system in the world, the Depository Trust and Clearing Corporation (DTCC), was completed. As per the data from CoinMarketCap, the price of the LINK has increased up to 16.11% in the last 24 hours. Currently, […]
Reddit (RDDT) saw an 11% growth in after-hours trading after the social media company, Reddit Internet Company, made a data-sharing agreement with OpenAI. The two companies announced a partnership on May 16 that would allow ChatGPT’s content to be integrated with Reddit and provide Redditors with real-time, immediately available information. After this, the bell saw […]
The leading US cryptocurrency exchange, Coinbase’s shares fell by 9% to $199.17 on Thursday morning as the rumors of bitcoin trading by the Chicago Mercantile Exchange (CME) spread, which was fueled by high client demand for cryptocurrencies. Coinsahr Price Chart – Source : NASDAQ Cryptocurrencies gained, as the major index tracking top digital coins rose […]