Author: e_cash_top
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Theta Labs and NHL’s Vegas Golden Knights partner on NFT fan experiences
[ad_1] Theta Labs and the NHL’s Vegas Golden Knights announced a partnership on Jan. 16 that will introduce new NFT-based fan experiences. Mitch Liu, co-founder and CEO of Theta Labs, said: “The world of sports is evolving, and we are at the forefront of this change with the Vegas Golden Knights. Our vision extends beyond…
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Offbeat letter suggests SBF should teach high school math as punishment for crimes
[ad_1] An unusual letter sent to federal court on Jan. 10 suggested an alternative sentence for FTX’s founder and former CEO, Sam Bankman-Fried. The letter’s author, Mary McKee of Minnetonka, Minnesota, stated that she has no relationship to Bankman-Fried. She continued: “Mr. Bankman-Fried certainly seems to be autistic and [it] doesn’t seem like a prison…
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Core Scientific wins court approval to enact reorganization plan, exit bankruptcy
[ad_1] The Bitcoin mining firm Core Scientific announced on Jan. 16 that it has obtained court approval to proceed with its reorganization plan. Core Scientific noted that this reorganization plan will allow it to emerge from Chapter 11 bankruptcy proceedings in the coming days. Adam Sullivan, Core Scientific’s CEO, said: “Today’s plan confirmation is a…
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Ripple CEO calls SEC chair Gensler’s regulatory approach a ‘political liability’
[ad_1] Ripple CEO Brad Garlinghouse openly criticized SEC chair Gary Gensler and said his rigid stance toward crypto regulation and repeated legal actions have made him a “political liability.” Garlinghouse made the statement during an interview with CNBC at the World Economic Forum in Davos on Jan. 16. He also shared his thoughts on potential…
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Davos attendees shift toward AI; Ripple and Circle executives comment
[ad_1] Tech companies attending Davos 2024 shifted toward artificial intelligence (AI) and away from cryptocurrency, according to various reports from CNBC on Jan. 16. Dante Disparte, CSO of the stablecoin firm Circle, told CNBC: “Today, there are very few crypto houses along the Promenade. They’re all AI houses, which is good … That suggests that…
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BlackRock’s IBIT continues to lead Bitcoin ETF volume among ‘Newborn Nine’
[ad_1] BlackRock‘s Bitcoin ETF IBIT has maintained its lead in total volume on the third day of trading, generating buzz about its potential to become the largest holder of Bitcoin (BTC). In the competitive race among the newly launched Bitcoin spot ETFs — dubbed the “Newborn Nine” — day three saw a total volume that…
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Bitcoin inches up while leading ETFs slide further down in pre-market trading
[ad_1] Quick Take As Bitcoin (BTC) charts a modest increase, pushing toward the $43,000 mark—an approximately 1% rise over the last 24 hours, exchange-traded funds (ETFs) are experiencing a rather contrasting trend. With the pre-market trading showing negative indicators, notable ETFs such as the IBIT BlackRock ETF and HODL Van Eck ETF have registered significant…
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Cantor CEO confirms Tether holds $86B in reserve to back its stablecoin USDT
[ad_1] Cantor Fitzgerald CEO Howard Lutnick told reporters that USDT issuer Tether does, in fact, have the billions of dollars it needs to meet the 1 to 1 reserve requirements for its stablecoin. Lutnick made the confirmation during an interview with Bloomberg at the World Economic Forum in Davos on Jan. 16. His statement comes…
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Filecoin Foundation demonstrates IPFS data transmission in space, eyes future off-planet networks
[ad_1] The Filecoin Foundation has successfully executed a groundbreaking mission, sending its digital asset’s whitepaper and an image of its mascot, affectionately known as “Biscuit, the FileCorgi,” into orbit and back to Earth using the InterPlanetary File System (IPFS). As outlined in a Jan. 16 statement, this achievement exemplifies the potential of decentralized technologies in…
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Chainlink and Circle partner to boost USDC’s cross-chain capabilities
[ad_1] Chainlink (LINK), a leading decentralized oracle network, announced the successful integration of its Cross-Chain Interoperability Protocol (CCIP) with Circle’s Cross-Chain Transfer Protocol (CCTP). According to a Jan. 16 statement, this collaboration would enable users to transfer the USD Coin (USDC) stablecoin securely and reliably across different blockchain networks. “CCIP’s defense-in-depth infrastructure helps ensure that…