Binance, the world’s largest cryptocurrency exchange, and its former CEO Changpeng Zhao (CZ) were ordered to pay a hefty fine by the U.S. District Court for the Northern District of Illinois. This ruling brings to a successful conclusion an important enforcement action initiated by the Commodity Futures Trading Commission (CFTC). The decision issued by the court on December 18, 2023 marks the completion of the enforcement proceedings that began in November. An investigation conducted by the Commodity Futures Trading Commission (CFTC) found that Binance and CZ aggressively targeted U.S. customers, particularly quantitative trading firms, for trading digital asset derivatives on…
Author: Crypto Flexs
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GameSwift Unveils GS Pay: Transforming In-Game Assets into Real-World Spending for Gamers – Chainwire housenewsroomGameSwift Unveils GS Pay: Turning In-Game Assets into Real-World Spending for Gamers We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical…
The acquisition, which will add 390 megawatts of capacity, will be paid for with cash from Marathon’s balance sheet, the company announced Tuesday. Across both sites, approximately 21% is vacant and available for expansion, 63% is occupied by Bitcoin mining tenants and 16% is already occupied by Marathon. Marathon said it expects the acquisition to reduce its cost per coin mined by about 30%.
Cryptocurrency analyst CryptoInsightUk said: yet again Based on his predictions about the future trajectory of XRP price. This time, analysts predict that cryptocurrency tokens will enjoy unprecedented value. Main cryptocurrency, Bitcoin. However, there are some caveats to make this a reality. How XRP Could Gain 1500% Against Bitcoin in post CryptoInsightUk, shared on his X (formerly Twitter) platform, said: XRP could rise up to 1500% against Bitcoin. He said this would happen if the crypto token could break and stay above the gray box at the top of the chart he shared. But even if that doesn’t happen, he’s still…
DWF Labs announces strategic investment in game developer MOBOX. The MOBOX team said this collaboration could be a game changer in the world of UGC games. DWF Labs’ investment in MOBOX includes providing liquidity across the exchange and expanding other partnerships. DWF Labs, a leading digital asset market maker and Web3 investment firm, announced a strategic investment in Web3 gaming platform MOBOX. With this investment, DWF Labs will support MOBOX’s growing ecosystem around user generated content (UGC) games. Stepping up MOBOX’s UGC game DWF Labs will use this investment to strengthen the growth of MOBOX. This will be achieved by…
Sen. Elizabeth Warren, D-Mass., sharpened her rhetoric against the cryptocurrency industry in a new letter to industry groups and the Coinbase exchange. in letter Speaking to the Coin Center cryptocurrency advocacy group, she accused the industry group of “wielding an not-so-secret weapon” from former Department of Defense and law enforcement officials hired in an attempt to undermine congressional efforts to address cryptocurrencies’ role in financing terrorist groups. I did. Including Hamas. “This revolving door of abuse is appalling and shows the cryptocurrency industry is spending millions of dollars to ensure its legitimacy while fighting stonewalled common-sense rules designed to…
reporter Posted on: December 19, 2023 DOGE has a short-term bearish bias on its price chart. The recovery in the $0.086 area was encouraging as it showed that the bulls are still in the fight. Dogecoin (DOGE) recently saw its momentum turn bearish after selling pressure pushed the price down to the $0.086 support zone. However, Bitcoin (BTC) recovered overnight and asset prices rebounded across markets. AMBCrypto reported the performance of meme coins in 2023 and noted that DOGE has shown signs of short-term bearish sentiment in the futures market. Can the bulls reverse these developments soon? The November high…
In the past week, some of the biggest Ethereum whales holding between 1 and 10 million ETH have amassed an impressive 100,000 ETH, worth a whopping $230 million. This aggressive buying stance from influential investors highlights their unwavering belief in Ethereum’s long-term potential despite recent price corrections. Despite recent price declines, recent signs of Ethereum whale activity suggest continued confidence in the continuation of the bull market. Wealthy traders amass millions with Ethereum Following a promising start to early December 2023, various cryptocurrency assets, especially Ethereum, have shown strength. Crypto whales have reportedly gobbled up hundreds of millions of dollars…
A recent study by Virginia Tech researchers uncovered potential geographic bias in ChatGPT, an advanced artificial intelligence (AI) tool. The study, which focused on environmental justice issues, found significant differences in ChatGPT’s ability to provide location-specific information across counties. This finding highlights a critical challenge in developing AI tools: ensuring equitable access to information regardless of geographic location. Limitations of ChatGPT in small rural areas The study, published in the journal Telematics and Informatics, utilized a comprehensive approach that included a list of 3,108 counties in the contiguous United States. Researchers asked ChatGPT about environmental justice issues in each county.…
Amidst the brisk winds of technological advancement that flutter Bitcoin’s sails, promising new highs and institutional adoption, there is a sea of hidden icebergs, such as the complexities and vulnerabilities of Web3 and the underlying arrogance that we are always better. web2. To end the holiday season, I want to leave with a call for action for 2024.“Do not compare or compete with web2.Don’t think web3 exists in a vacuum, but embrace the areas where we’ve failed so we can build real solutions that won’t sway mainstream adoption.We can do better. “We must do better.”I love this space. The community…