Crypto.com has taken a bold step in its ongoing battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit challenging the agency’s regulatory stance on cryptocurrencies. The legal action comes in response to a Wells Notice issued to Crypto.com, signaling potential enforcement actions due to alleged securities law violations. The Wells Notice,…
Grayscale Investments, a prominent player in the digital currency investment space, has recently launched a new fund dedicated to investing in the MakerDAO token. This move marks a significant step in the company’s ongoing efforts to provide investors with diversified exposure to the growing decentralized finance (DeFi) sector. The new fund aims to capitalize on…
Bitcoin ETFs have recently seen a surge in popularity, attracting attention from major investors. These financial instruments offer a way to invest in Bitcoin without having to directly purchase and manage the cryptocurrency, which has been known for its volatility and security concerns. One of the key drivers behind this trend is the growing acceptance…
Goldman Sachs, one of the leading global investment banks, has made a significant move into the cryptocurrency market. According to a recent filing, the financial giant holds more than $400 million in Bitcoin Exchange-Traded Funds (ETFs). This investment marks a substantial shift in the bank’s strategy, showcasing its growing interest in the digital asset realm.…
OpenSea, the leading NFT marketplace, has recently received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), indicating that the agency may take enforcement action against the company. This notice is generally a precursor to formal charges, giving the recipient a chance to respond before any official action is taken. The SEC’s investigation…
OpenGradient is building the first decentralized platform for AI model hosting, secure inference, and application deployment on-chain NEW YORK, Oct. 9, 2024 /PRNewswire/ — OpenGradient, a leading decentralized AI infrastructure company, has raised $8.5M in seed funding. With a mission to accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access…
OpenGradient is building the first decentralized platform for AI model hosting, secure inference, and application deployment on-chain NEW YORK, Oct. 9, 2024 /PRNewswire/ — OpenGradient, a leading decentralized AI infrastructure company, has raised $8.5M in seed funding. With a mission to accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access…
PARIS, Oct. 9, 2024 /PRNewswire/ — In this 29th Annual Report, Artprice by Artmarket presents and analyzes a denser-than-ever Contemporary and Ultra-Contemporary Art Market (see methodology at the end of the press release) with the opening of Frieze London this Wednesday, October 9, followed by Art Basel Paris on Friday, October 18, 2024. Autumn is a…
Samsung Pay has expanded its crypto payments capabilities by partnering with Alchemy Pay, allowing users to transact with cryptocurrency at millions of merchants globally. This new partnership enables over 500,000 users of Alchemy Pay’s virtual cards to link their cards with Samsung Pay for seamless crypto payments both online and in-store. With Samsung Pay available…
FTX, once a major player in the cryptocurrency exchange industry, has received court approval for a bankruptcy plan that aims to repay customers using up to $16.5 billion in recovered assets. This development comes after FTX’s dramatic collapse in 2022, which followed revelations that its founder, Sam Bankman-Fried, had misappropriated customer funds. The FTX bankruptcy…