Curve Finance founder’s $100M debt could trigger a DeFi implosion: Report
Curve Finance founder Michael Egorov has a total of $100 million in debt backed by over 400 million CRV tokens. While Curve Finance is still weathering the aftermath of a…
Nigeria’s SEC warns against trading on Binance
The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal. The Nigerian Securities and Exchange Commission (SEC) has warned…
Meta to launch AI chatbots with personalities to retain users: Report
As the Big Tech giant Meta focuses on retaining its users, it plans to launch several AI-powered chatbots with different personalities and functions. Meta, the parent company of Facebook and…
US defense bill may be problematic for USDC and stablecoins: Analysts
A proposed U.S. national defense bill could subject stablecoins issuers to KYC and AML requirements they would be unable to comply with, said Berenberg analyst Mark Palmer. Circle’s USD Coin…
‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy
Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is key. Binance CEO Changpeng “CZ” Zhao is looking to bring smaller algorithmic stablecoins to the…
7 YouTube channels to learn machine learning
YouTube channels, including Sentdex and Data School, offer in-depth data science and machine learning explorations to enhance data-driven decision-making. Machine learning is a fascinating and rapidly growing field revolutionizing various…
Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy
Crypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a new memecoin on Base called BALD. Crypto Twitter has been…
Crypto staking rewards are taxable once received: IRS
The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain “dominion” over the tokens. United States crypto investors must report…
Base’s largest DEX LeetSwap halts trading amid exploit concerns
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000. Decentralized exchange LeetSwap, which operates on Coinbase’s Base network has announced a…
Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more
Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. Yuga Labs accelerates Otherside plan Nonfungible token (NFT) conglomerate Yuga…