David Schwarz, Ripple’s chief technology officer, expressed disgust over the “shocking actions” of the U.S. Securities and Exchange Commission (SEC) in its lawsuit against cryptocurrency company Debt Box. The judge accused the SEC of “misrepresenting the facts” to secure a temporary restraining order that could tarnish Gary Gensler’s legacy. SEC v. Debt Box said the court was “concerned that the Commission made materially false and misleading statements that violated Rule 11(b) and undermined the integrity of the proceedings.” As a result, the SEC needed to motivate why it should not be subject to court sanctions. Ripple CTO enrages over lies…
Author: Crypto Flexs
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ChatCrypto, the preeminent AI community in the cryptocurrency world, is excited to unveil an innovative AI subscription product poised to redefine the landscape of artificial intelligence and cryptocurrency integration. This groundbreaking development not only represents a significant advance in AI technology, but also introduces a unique token burn mechanism that has the potential to position CCAIT (ChatCrypto’s native token) as a strong contender for exponential growth in the upcoming bull market. . ChatCrypto is currently the largest AI community dedicated to the cryptocurrency space, aiming to bring together AI enthusiasts, cryptocurrency traders, and blockchain experts to foster innovation and learning.…
Ethereum-based digital asset exchange DigiFT said in a statement on November 5 that it has received a Capital Market Services (CMS) license and is recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. CryptoSlate. The CMS License authorizes DigiFT to handle regulatory activities related to securities and collective investment scheme (CIS) units in Singapore and facilitate the issuance of security tokens. On the other hand, being recognized as an RMO allows you to manage a public blockchain-based secondary trading market for security tokens. “This milestone officially establishes us as the first regulated exchange on a public…
The market celebrated Bitcoin’s recent high of $42,000, and many bears were in awe of this unexpected move. But the biggest story of this bull market is expected to be the upcoming Bitcoin ETF. However, Binance has been delivering some good news lately, and the biggest one is for cryptocurrency traders. Binance just made some big announcements that will directly impact many cryptocurrency traders. That means introducing commission-free trading for many major coin pairs against the FDUSD stablecoin, while also delisting older, lower-volume altcoins. Here are the key details you need to know: First, Binance now offers commission-free trading for…
The former chairman of FTX US opens up about his feud with former Jane Street colleague Sam Bankman-Fried and predicts that the spot Bitcoin ETF will far surpass the record-breaking success of the Bitcoin Futures ETF. But who is this person? FTX US’s former boss Brett Harrison hasn’t said a word to Sam Bankman-Fried since he resigned during his two-month notice period, just months before the entire exchange imploded He told the magazine he didn’t. In the first place, it was difficult to even receive a message from SBF that he was resigning. “I had to talk to other people…
Bitcoin’s face-melting rally could be coming to an end as analysts weigh a potential market correction. However, most agree that momentum and sentiment are positive and the trend is upward. On December 5, Glassnode analyst “Checkmate” said of a potential market decline, “I would be surprised if Bitcoin does not consolidate (or) correct in the near term.” Is a cryptocurrency fix imminent? The analyst added that a break of a few months “may allow investors’ cost bases to re-adjust to above actual market average prices.” He also said the market had not returned more than 20% so far this year,…
The first spot Ether ETF application has been submitted in the United States. Google Allows NFT Advertising, Crypto.com’s Mistake Will Put Mom in Community Service?! This week we bring you these stories and more in cryptocurrency. Spot Ether ETF filed in the US Cathie Wood’s Ark Invest is collaborating with 21Shares to explore launching the first spot Ethereum ETF in the United States. An application filed with the SEC names Coinbase as custodian. This means that the cryptocurrency exchange holds Ethereum backing the ETF shares. If approved, the fund will trade on the Cboe BZX Exchange. Google Allows NFT Game…
Hello cryptocurrency adventurers, this is John again. “Exploring new frontiers: My journey with Immutable” and “The Future of Cryptocurrency Gaming: Trader Insights on Market Dynamics and Investment Strategies,” I know I’m deeply invested in the intersection of gaming and blockchain. This December I will be focusing on three projects that are redefining this space: Superverse, Shrapnel, and Virtua. Let’s find out why this is not just a game, but a revolution in creation. Why games and blockchain? We are at the intersection of two great worlds: gaming, an industry centered around immersive experiences and communities, and blockchain, a technology redefining…
Posted 1 minute ago In ~ Cosmos-based smart contract platform Neutron has acquired a 25% stake in Confio, a software company known for developing CosmWasm. This investment and strategic collaboration aims to increase CosmWasm adoption and align the development strategies of Neutron and Confio. Neutron did not disclose the investment amount. CosmWasm can run smart contracts as a native virtual machine on Cosmos-based blockchains such as Neutron and Osmosis. The investment plan is to drive adoption of CosmWasm and bring about technological improvements through close collaboration with Neutron. According to Neutron, it will focus on key web3 areas such as…
Recently, Meta celebrated the 10th anniversary of its Fundamental Artificial Intelligence Research (FAIR) team. The event highlighted Yann LeCun’s views on the current state and future potential of artificial intelligence. LeCun’s remarks, a leading scholar in the field of artificial intelligence, particularly focused on the ever-changing AI technology environment and the path to human-level AI. Nvidia’s superiority in the artificial intelligence hardware market was an important aspect of LeCun’s criticism. As a result of its cutting-edge graphics processing units (GPUs), which are essential for training huge language models like ChatGPT, Nvidia has emerged as the world’s most valuable chipmaker. Metaphorically,…