Elizabeth Wilson - CryptocyNews.com - Page 2

Elizabeth Wilson

What is DeFi? A Comprehensive Guide on Decentralized Finance

What is DeFi? A Comprehensive Guide on Decentralized Finance

June 20, 2024 by Elizabeth Wilson

As the crypto industry evolves, key market players are exploring ways to meet customer needs. The integration of advanced technologies in crypto and blockchain has led to the emergence of new financial systems. Among these, decentralized finance (DeFi) stands out with its…

Continue Reading

BIS Report Shows 94% of Central Banks Prefer Wholesale CBDCs

BIS Report Shows 94% of Central Banks Prefer Wholesale CBDCs

June 17, 2024 by Elizabeth Wilson

As the financial sector seeks to integrate the use of crypto, central banks are exploring possible ways to launch a digital currency. A survey conducted by the Bank for International Settlements (BIS) demonstrated that 94% of the central banks were working on…

Continue Reading

Elon Musk Withdrawal Charges Against OpenAI and CEO

Elon Musk Withdrawal Charges Against OpenAI and CEO

June 14, 2024 by Elizabeth Wilson

X Corp.boss Elon Musk has dropped charges against OpenAI and its chief executive, Sam Altman. The decision came days before the San Francisco court announced its verdict on the case. The court was expected to determine whether it was appropriate to proceed…

Continue Reading

Mistral AI Raises $644M in Series B Funding Round

Mistral AI Raises $644M in Series B Funding Round

June 13, 2024 by Elizabeth Wilson

On Tuesday the renowned artificial intelligence company Mistral raised $644 million in a Series B funding round. The fresh capital generated in the fundraising propelled Mistral’s value to reach $6 billion. The funding round was led by the Massacheusset headquartered venture capital…

Continue Reading

Consensys CEO Projects Crypto Crimes to Increase

Consensys CEO Projects Crypto Crimes to Increase

June 12, 2024 by Elizabeth Wilson

The ever-evolving nature of crypto assets has attracted criminals to prey on the digital sector. The surge in crypto-related crimes has compelled key industrial players to share their insights on the causes of these crimes and the measures they can take to…

Continue Reading

Ireland Approves Crypto.com Virtual Assets Service Provider Application

Ireland Approves Crypto.com Virtual Assets Service Provider Application

June 12, 2024 by Elizabeth Wilson

In a June 11 report, Crypto.com was pleased to announce the approval of the Virtual Assets Service Provider (VASP) registration in Ireland. The crypto exchange stated that the Central Bank of Ireland (CBI) approved its VASP early this week. Obtaining the VASP…

Continue Reading

US Prosecutors Call for Release of Binance Executives Detained in Nigeria

US Prosecutors Call for Release of Binance Executives Detained in Nigeria

June 7, 2024 by Elizabeth Wilson

Months after the arrest of two Binance executives in Nigeria, theUS policy makers have teamed up calling for the officials’ release. The long waging war for the release of the head of financial crimes and compliance at Binance Tigran Gambaryan, the Nigerian…

Continue Reading

BIS Report Shows High Demand for AI-Generative Tools in Banking

BIS Report Shows High Demand for AI-Generative Tools in Banking

June 1, 2024 by Elizabeth Wilson

The artificial intelligence (AI) technology has proven to be a transformative force in the financial sector by automating most of the accounting practices. A study conducted by the Bank for International Settlements (BIS) to examine AI adoption in banks demonstrated that central banks…

Continue Reading

President Milei Visit US to Meet Tech Leaders

President Milei Visit US to Meet Tech Leaders

May 31, 2024 by Elizabeth Wilson

The President of Argentina, Javier Milei, is expected to tour the USA to meet with the CEOs of giant tech firms. An announcement conveyed by the President spokesperson Manuel Ardoni reveals that Milei will meet with top-level management of Google, Meta, OpenAI,…

Continue Reading

Hong Kong Financial Regulators to Conduct On-Site Inspection to Crypto Firms

Hong Kong Financial Regulators to Conduct On-Site Inspection to Crypto Firms

May 30, 2024 by Elizabeth Wilson

As Hong Kong seeks to become the burgeoning crypto hub in Asia, the regulators have stepped up to create a safe and secure environment for trading digital assets. On Monday, the Hong Kong Securities and Futures Commission (SFC) revealed plans to conduct…

Continue Reading

Texas Authority Orders Arkbit Capital to Suspend Operation for Engaging in Fake Crypto Mining

Texas Authority Orders Arkbit Capital to Suspend Operation for Engaging in Fake Crypto Mining

May 29, 2024 by Elizabeth Wilson

In its advanced update, the Texas State Securities Board (TSSB) has issued cease and desist orders to Arkbit Capital for engaging in unlawful crypto mining. The regulators noted that Arkbit Capital’s cloud mining activities violated the law. The TSSB financial examiner, Alexis…

Continue Reading

A Step-by-Step Guide on How to Purchase Solana

A Step-by-Step Guide on How to Purchase Solana

May 27, 2024 by Elizabeth Wilson

With the ongoing development in the crypto sector, Solana has emerged as Ethereum’s top rival. Solana is a high-speed blockchain network capable of processing over 65,000 transactions per second. The growing adoption of Solana has captivated investors’ interest in investing in its…

Continue Reading

Detained Binance Official Admitted in Hospital After Collapsing in Nigeria Court

Detained Binance Official Admitted in Hospital After Collapsing in Nigeria Court

May 27, 2024 by Elizabeth Wilson

On Thursday, the Binance executive Tigran Gambaryan was rushed to a hospital after fainting at a court in Abuja, Nigeria. According to Reuters, Gambaryan was arraigned in court on May 23 for money laundering charges. Justice Emeka Nwite ordered the Nigerian police…

Continue Reading

A Comprehensive Guide to AI Tokens

A Comprehensive Guide to AI Tokens

May 27, 2024 by Elizabeth Wilson

Artificial intelligence (AI) evolution has been a transformational force in most industries. The adoption of emerging technologies in the crypto sector has inspired the development of AI-inspired tokens. In this guide, we will discuss AI tokens and how they operate and outline…

Continue Reading

Coinbase Relists XRP Trading in New York

Coinbase Relists XRP Trading in New York

May 25, 2024 by Elizabeth Wilson

The California based crypto exchange Coinbase revealed plans to restore the buying and selling of Ripple native token XRP for New York users. The new development will allow New York users to seamlessly trade their XRP tokens in one of the largest…

Continue Reading

Ethereum Founder Vitalik Buterin Labels Tornado Cash Developer Sentencing ‘Really Unfortunate’

Ethereum Founder Vitalik Buterin Labels Tornado Cash Developer Sentencing ‘Really Unfortunate’

May 25, 2024 by Elizabeth Wilson

In a fireside chat with the cofounder of Ethereum, Vitalik Buterin, ignored the hype on the approval of Ether exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). Buterin avoided commenting on the long-awaited approval of the ETH ETFs. However,…

Continue Reading

Crypto Exchanges Create ‘Tech Against Scams’ Alliance for Combating Pig Butchering Scam

Crypto Exchanges Create ‘Tech Against Scams’ Alliance for Combating Pig Butchering Scam

May 24, 2024 by Elizabeth Wilson

The rise of crypto-related crimes has compelled vital market players to explore ways to address the issue. On May 22, leading crypto exchanges, tech firms, and advocacy teamed up to combat crypto crime. Coinbase, Kraken, Gemini, Meta, Ripple Labs, Match, and the…

Continue Reading

SEC Penalizes ICE for Failing to Report Cybersecurity Attack

SEC Penalizes ICE for Failing to Report Cybersecurity Attack

May 23, 2024 by Elizabeth Wilson

In its advanced report, the US Securities and Exchange Commission (SEC) penalized Intercontinental Exchange (ICE) for failing to report a cyber attack incident. The ICE received a $10 million fine for breaching the law. The SEC claimed that ICE was hit by a malicious…

Continue Reading

Gala Games Losses $240 Million Worth of Tokens in an Exploit

Gala Games Losses $240 Million Worth of Tokens in an Exploit

May 21, 2024 by Elizabeth Wilson

In its May 20 report, the Gala Games suffered a multimillion exploit. The Gala Games lamented that a lousy actor minted 5 billion of its native token Gala valued around $240 million. The exploit interfered with the Gala’s market performance, impacting huge…

Continue Reading

CME Launching Spot Bitcoin Trading: Report

CME Launching Spot Bitcoin Trading: Report

May 17, 2024 by Elizabeth Wilson

In an official communication, the Chicago Mercantile Exchange (CME) revealed plans to launch spot Bitcoin trading on its futures exchange. The CME’s latest development demonstrates its commitment to joining other Wall Street makers to gain exposure to crypto assets. A source privy…

Continue Reading

Name	Price	24H (%)
Bitcoin (BTC)	$96,607.00	-0.87%
Ethereum (ETH)	$3,337.44	-4.03%
Tether (USDT)	$1.00	-0.09%
XRP (XRP)	$2.23	-3.27%
BNB (BNB)	$658.80	-3.70%
Cardano (ADA)	$0.90	-5.81%
Chainlink (LINK)	$22.03	-5.48%
Polkadot (DOT)	$6.92	-5.92%
Uniswap (UNI)	$13.58	-3.35%
Litecoin (LTC)	$99.37	-3.03%