HTX exchange loses $13.6M in hot wallet hack: Report
The incident affected the greater HTX, Tron, and BitTorent ecosystem. HTX, formerly Huobi Global, suffered an estimated loss of $13.6 million as part of the $86.6 million HECO Chain bridge…
Nvidia posts record $18B third quarter revenue, cites generative AI as primary driver
The company posted its record quarter just days after Nvidia stock achieved an all-time high. Nvidia announced third-quarter revenue for 2023 of $18.12 billion, a company record, as the firm’s…
Pancakeswap implements new ‘Gauges’ voting system and sunsets vCAKE metric
The decentralized exchange launched a new feature that allows governance token holders to vote on which pools will receive the most rewards. Decentralized crypto exchange Pancakeswap has implemented a new…
Coinbase cites SEC action against Kraken in push for crypto rulemaking
The Nov. 22 letter claimed that “only mandamus will impel the to fully, finally acknowledge that Coinbase’s petition for rulemaking was pocket-vetoed long ago.” United States-based cryptocurrency exchange Coinbase has…
BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’
Bitcoin is due to spend some time ranging before an “impulse” move ensues, bullish BTC price analysis predicts. Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall…
This is your brain on crypto: Substance abuse grows among crypto traders
What is it about crypto trading that can make some users susceptible to substance abuse, and how can they get help? Although documented statistics about cryptocurrency trading and substance abuse…
Former Coinbase exec posits blockchain-driven vision of future societies
Attendees of the Network State Conference in Amsterdam believe that a new tomorrow is possible with decentralized technologies. The Dutch city of Amsterdam — no stranger to international conferences dedicated…
HECO Chain bridge compromised over $86.6M sent to suspicious addresses
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said…
BNB Price Prediction: BNB Coin Slumps As CZ Steps Down As Binance CEO In DOJ Deal. Dodge Market Turbulence With This Presale In Its Final Hours
The BNB price tumbled by 11% in the aftermath of an agreement between Binance and the Department of Justice to settle multiple criminal charges and Go to Source
OpenAI and Microsoft sued over alleged unauthorized use of authors’ work
Julian Sancton, an author and Hollywood reporter, accuses Microsoft of being aware of OpenAI’s indiscriminate internet crawling for copyrighted material. OpenAI and Microsoft are facing a lawsuit alleging the improper…
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. Amid ongoing confusion, uncertainty,…
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down. The crypto…
Belgium seeks to reboot EU blockchain infrastructure project
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union. According to the country’s government, Belgium plans…
Bankrupt crypto lender Genesis sues Gemini to recover $689M of ‘preferential transfers’
Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” Bankrupt crypto lender Genesis Global Capital has filed a lawsuit…
OpenAI to rehire Sam Altman as CEO with new initial board members
OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers, and Adam D’Angelo.…