Category: Latest news
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BIS launches ‘Project Atlas’ to monitor and collect DeFi data
[ad_1] The Bank for International Settlements (BIS), in partnership with central banks within the Eurosystem, has announced the launch of Project Atlas, a proof of concept aimed at exploring the economic impact of crypto assets and decentralized finance. Project Atlas, a combined effort of the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank, and the…
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SBF Trial Day 2 – Prosecution’s opening statement paints SBF as a fraud mastermind, Defense claims complete innocence
[ad_1] The second day of Sam Bankman-Fried trial began with the continuation of the jury selection process, which was concluded within a few hours — allowing the trial to start in full with both the prosecution and the defense presenting their opening arguments. The Department of Justice (DOJ) presented strong allegations against the FTX founder.…
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Google introduces AI to Android and Google Assistant
[ad_1] Google announced in separate statements on Oct. 4 that is in the process of adding artificial intelligence (AI) features to two of its flagship products. First, Google unveiled Assistant with Bard. This announcement means that Google’s Bard AI tool — which is already available through several Google web services — will be integrated with…
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JPEX converts user stablecoins to native token without notice: Report
[ad_1] JPEX has begun to restrict withdrawals by converting user balances to a non-withdrawable cryptocurrency, according to reporting from The South China Morning Post on Oct. 4. The publication referenced statements from an unidentified user who claimed that her Tether (USDT) holdings along with those of others had been converted into JPC, JPEX’s own token, rendering them…
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SEC hits back at Coinbase’s request to dismiss case
[ad_1] On Oct. 4, the U.S. Securities and Exchange Commission (SEC) submitted a court filing opposing Coinbase’s attempts to dismiss a suit filed by SEC, which alleges that the crypto exchange has violated multiple securities laws. Coinbase first attempted to have the regulator’s charges thrown out in August. At that time, it claimed that none…
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FTX creditors hope Google’s potential $2B investment in Anthropic will boost recovery prospects
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Polygon co-founder Jaynti Kanani steps down after six years with project
[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…
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SBF Trial: Jury selected; opening arguments commence
[ad_1] Jury selection for the criminal trial of former FTX CEO Sam Bankman-Fried was completed on the morning of Oct. 4 with opening arguments set for later in the day. New York independent news outlet Inner City Press reported from inside the courtroom that 12 jurors and six alternates had been agreed upon, on the…
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How This Resilient Crypto Exchange Gives Traders the Edge in the Crypto Market
[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…
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U.S. fiscal health under scrutiny as debt jumps $275 billion in one day
[ad_1] Quick Take In a startling revelation by analyst Joe Consorti, the total U.S. debt witnessed a sharp increase of $275 billion in a single day, matching the total borrowing for the entire previous month. The current outstanding public debt has now escalated to an unprecedented level of $33.442 trillion according to Consorti. This instance…