Paypal’s Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH
Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC)...
Month: May 2023
FTX Lawsuit Against Shaq Takes a Wild Turn: Court Documents Allegedly Thrown at NBA Star’s Car
In a recent court submission, legal representatives for basketball icon Shaquille O’Neal, commonly referred to as Shaq, claim he was...
S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics
The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm...
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to...
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
AI experts from IBM, NYU, and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled...
Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals. BDO Italia's...
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research. The United States...
Ethereum derivatives flirting with bearishness: Mind the $1,820 support
The failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs....
Fair Comparison: Crypto Casinos VS Traditional (Regular) Online Casinos
As a result, both online casinos and crypto casinos have become increasingly popular among players looking to win big. However,...
US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
With the European Union coming closer to passing the Markets in Crypto Assets framework and Kraken in the process of...
Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9
At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking. In this...
Milady NFT floor price surges after Elon Musk tweet
Floor prices for the anime profile picture collection hit a high of 7.8 ETH after Musk's promotion. On May 10,...
$176M of Do Kwon’s assets are frozen: Report
The frozen assets include an apartment complex, an officetel, several imported cars and various financial assets. On May 10, local...
Arbitrum’s DAO to receive over 3,350 ETH revenue from transaction fees
Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum's...
What is Google’s Bard, and how does it work?
Following ChatGPT’s success, Google released its AI chatting service, Bard. Here’s all you need to know about the next generation...
