Category: Latest news

[ad_1] Terraform Labs (TFL), the developer of the failed Terra blockchain, wants to subpoena bankrupt FTX for relevant documents it could use to defend its case against the U.S. Securities and Exchange Commission (SEC), according to a July 19 court filing. In February, the SEC sued the blockchain developer and its former CEO, Do Kwon,…

[ad_1] The U.S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment system. As reported by Reuters on July 20, with this service, everyday Americans will soon be able to send and receive funds in real-time, 24/7, a revolutionary stride in the U.S.…

[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…

[ad_1] Bankrupt exchange FTX filed a lawsuit against Sam Bankman-Fried, FTX Foundation, and several other entities to recover over $71 million, according to a July 19 court filing. FTX alleged that Latona, a sham non-profit company in the Bahamas, in compliance with the FTX Foundation, took over $71 million in commingled funds from Alameda and…

[ad_1] Push Protocol, the web3 messaging project, announced the launch of its innovative, decentralized, community-based streaming solution, Push Spaces, at EthCC. This introduction marks a notable step towards a future of improved online communication, which the company believes will revolutionize how web3 users interact. Harsh Rajat, co-founder and lead of Push Protocol, told CryptoSlate, “Our…

[ad_1] A new partnership between Conflux Network (CFX), China’s first regulatory-compliant public blockchain, and World Mobile, a global mobile network based on blockchain, aims to expand blockchain-based mobile access. The collaboration follows the successful launch of Conflux’s BSIM, which saw its CFX token surge over 100%. It focuses initially on four key strategic areas: Public…

[ad_1] Tesla reported no change to its digital asset holdings during its Q2 2023 investor report, as seen in its shareholder deck on July 19. That document indicates that Tesla held $184 million worth of digital assets on June 30, the same amount that it held at the end of March 2023 and December 2022.…

[ad_1] Bitcoin (BTC) has been locked in a tight trading range, fluctuating between $30,000 and $31,000. While some on-chain metrics show that this ongoing sideways movement has been observed before Bitcoin’s previous bull runs, there is little to indicate that a significant shift could happen soon. Graph showing Bitcoin’s price in July 2023 (Source: CryptoSlate…

[ad_1] Apple is developing artificial intelligence (AI) tool including a chatbot that is similar to ChatGPT, Bloomberg reported on July 19. Company members have reportedly been working on an internal framework for large language models called “Ajax” since 2022. That development in turn led to the creation of an AI chatbot that is internally referred…

[ad_1] Société Générale subsidiary Forge has become the first entity to obtain a crypto services license in France, according to a July 19 announcement. The company is the blockchain subsidiary of France’s third-largest bank, Société Générale. It is currently the only firm to hold France’s digital asset service provider (DASP) license, which is offered by…