Sam Bankman-Fried, founder of the failed crypto exchange FTX, has announced his intent to join legal proceedings against celebrities who endorsed the platform. This decision comes after most FTX users recently dropped their lawsuits against Bankman-Fried and instead focused their efforts on targeting influencers who promoted the now-troubled exchange. Based on the judgement in his … Read more
The SEC of the US, or Securities and Exchange Commission, has proposed that a New York court impose a fine of $5.3 billion on Terraform Labs and its co-founder Do Kwon. This penalty comes in response to their involvement in the 2022 collapse of the Terra ecosystem, which cost approximately $40 billion. More recently, a … Read more
● SUI’s price could surge to $8.96 before the year’s end. ● SEI’s price could reach $5.25 in 2024. ● Dogwifhat (WIF) could hit $10.35 in 2024. ● Milei Moneda ($MEDA) is primed for significant gains before its official launch. If you’re an investor looking to add altcoins with strong growth potential to your portfolio, … Read more
At a seed funding round, Prime Intellect, an autonomous AI company operating without a centralized structure, secured $5.5 million in investment. This financing was spearheaded by CoinFund and Distributed Global, with additional backing from Compound, Collab+Currency, Protocol Labs, and several other influential figures within tech and crypto industries. Prime Intellect focuses on building a flexible … Read more
Right now, Paraguay’s Congress is carefully examining three different pieces of legislation regarding the oversight and administration of cryptocurrencies within the country. These bills, introduced by members of both the Senate and Chamber of Deputies, are intended to create rules for the digital currency and crypto mining sectors. In the Chamber of Deputies, Derlis Rodríguez … Read more