Author: e_cash_top
-

Coinbase looks to acquire FTX Europe despite bankruptcy baggage
[ad_1] Crypto exchange Coinbase reportedly showed interest in acquiring the European subsidiary of bankrupt FTX, Fortune reported on Sept. 22. Coinbase reportedly considered acquiring FTX Europe following its collapse last November and continued to explore this possibility even into this month. This interest was part of Coinbase’s strategy to expand its global presence in the…
-

Appeals court denies Sam Bankman-Fried’s second attempt at bail
[ad_1] Three judges in an appeals court have denied former FTX CEO Sam Bankman-Fried’s bail request, according to a court filing on Sept. 21. Those judges, all on the 2nd U.S. Circuit Court of Appeals in Manhattan, found no error in an earlier decision by U.S. U.S. District Judge Lewis Kaplan. The appellate judges wrote…
-

Anthropic’s ‘responsible scaling’ policy introduces outline for safe AI development
[ad_1] Anthropic, the artificial intelligence research company behind the chatbot Claude, unveiled a comprehensive Responsible Scaling Policy (RSP) this week aimed at mitigating the anticipated risks associated with increasingly capable AI systems. Borrowing from the US government’s biosafety level standards, the RSP introduces an AI Safety Levels (ASL) framework. This system sets safety, security, and…
-

Nansen Warns Of Potential Phishing Attacks Following Vendor Security Incident Exposing Customer Data
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Bybit to leave UK ahead of upcoming FCA regulations
[ad_1] Crypto exchange Bybit is leaving the U.K. market in anticipation of the new crypto marketing rules set to take effect in October. A Sept. 22 announcement from the exchange stated that the new rules by the U.K. Financial Conduct Authority have made it necessary for the exchange to pause operations in the country to…
-

FTX seeks $157.3M in legal action against former employees from Hong Kong affiliate
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Sustained Bitcoin mempool congestion shows unwavering demand for Ordinals Inscriptions
[ad_1] Earlier this year, the market saw an unprecedented uptake of Ordinals and its associated Inscriptions. Ordinals serve as a unique numbering scheme for satoshis, allowing users to track and transfer individual sats. Inscriptions are a form of NFTs on Bitcoin’s network, enabling users to etch their messages on the Bitcoin blockchain. The introduction of…
-

Bitcoin’s cycle transition is underway as indicator shows possible market bottom
[ad_1] Quick Take Recent analyses of Bitcoin’s RHODL Ratio have provided an intriguing perspective on the capital rotation dynamics during cycle transitions. The RHODL Ratio, developed as a ratio of single-cycle long-term holders (6 months to 3 years) to the youngest short-term holders (1 day to 3 months), offers us an invaluable analytical tool to…
-

DeFi Platform Linear Finance In Crisis As LUSD Stablecoin Tanks To Zero After Exploit
[ad_1] DeFi protocol Linear Finance suffered an exploit yesterday, draining liquidity from its LUSD stablecoin. The Linear Finance team confirmed the exploit, saying all LUSD liquidity on decentralized exchanges Ascendix and PancakeSwap was drained. The incident led to LUSD dropping to zero. The protocol tweeted that it investigated the incident and asked users not to…
-

Federal Reserve trails global counterparts in balance sheet reductions, data reveals
[ad_1] Quick Take The Federal Reserve’s balance sheet of total assets has seen a reduction of an additional $75 billion in the past week, with total assets now slightly surpassing the 8 trillion mark. For context, prior to the COVID-19 pandemic, the Fed’s balance sheet was approximately $3.5 trillion. Despite the considerable distance yet to…