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The Solana (SOL)-based decentralized exchange (DEX) Mango Markets has proposed a $500,000 settlement with the U.S. Commodity Futures Trading Commission (CFTC).
The DEX’s decentralized autonomous organization (DAO) voted this week to approve a settlement offer proposal that includes the civil penalty and an agreement to cease and desist from violating various commodity regulations.
The $500,000...
Over-the-counter (OTC) crypto desks in China are reportedly attracting tens of billions of dollars from investors despite the nation’s crackdowns on the digital assets industry.
Citing data from crypto analytics firm Chainalysis, Bloomberg reports that the OTC brokers in China have lured in $75 billion worth of funds in the last nine months.
In 2021, the Chinese government banned both crypto...
The native token of an Ethereum (ETH)-based decentralized exchange (DEX) is on the rise after being listed on the top US crypto exchange by trading volume.
Coinbase listed CoW Protocol (COW) for trading on Tuesday and the token soared from $0.28 to $0.32, a gain of more than 14% while most of the markets are down.
“Trading will begin on or after 9 a.m. PT on September 24th, 2024, if liquidity...
September 25, 2024 – Alberta, Calgary
The EOS Network announces the successful completion of its landmark upgrade to Spring 1.0.
This upgrade has introduced the Savanna consensus algorithm, marking a new era in performance, reliability and speed on the network.
By enhancing transaction finality to one-second, EOS has achieved a more than 100-fold improvement over previous iterations.
This...
Interest in crypto assets by family offices is on the rise, according to a survey conducted by the fourth largest bank in the US by total assets, Citibank.
Citibank’s Global Family Office 2024 Survey Report says that around 25% of the family offices that participated “had already invested or were planning to invest in digital assets.”
The survey drew responses from 338 family offices, one-third...
One of the top officials at the U.S. Securities and Exchange Commission (SEC) thinks the regulator needs to change course in terms of the way it approaches crypto.
SEC Commissioner Mark Uyeda tells Fox Business that hasn’t laid out adequate rules to spur innovation in the sector.
“We have not provided the rules of the road for crypto, other than to declare that nearly all are securities, nor...
Layer-1 modular blockchain Celestia (TIA) is soaring after the project’s foundation raised $100,000,000 to support the ecosystem.
The Celestia Foundation, a nonprofit group set up to support the TIA network, says Bain Capital Crypto led the $100 million fundraising effort.
Other groups contributing to the funding included Syncracy Capital, 1kx, Robot Ventures and Placeholder.
TIA went from...
The founders of analytics firm Glassnode believe that the time is getting close for when altcoins will start to outperform Bitcoin (BTC).
Jan Happel and Yann Allemann, who go by the handle Negentropic, tell their 63,200 followers on the social media platform X that altseason may arrive once Bitcoin breaks out of its all-time high (ATH) of about $74,000.
“Altcoins have followed the bullish...
A popular crypto analyst thinks historical trends indicate Bitcoin (BTC) could be on the verge of a breakout.
The pseudonymous trader known as Rekt Capital tells his 501,400 followers on the social media platform X that BTC has historically broken out from its re-accumulation range 154-161 days after its halvings.
“It is 157 days after the halving now. History suggests it is ‘Breakout Time’ for...
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The exponential surge in demand for AI-powered applications in recent years has necessitated a new approach to data center design, configuration and management.
Wall Street Journal estimates around 20% of the global data center capacity is currently used for AI purposes.
However, with over 77% of companies already using or exploring AI technology, traditional...