Bankman-Fried to Aid Lawsuit Against FTX Celebrity Endorsers

Sam Bankman-Fried, the creator of the failed cryptocurrency exchange FTX, has consented to join lawsuits aimed at celebrities for endorsing the now-defunct platform. After most cryptocurrency users recently withdrew their opposition to Sam Bankman-Fried and focused their efforts instead on influencing FTX. Based on the court decision, Bankman-Fried received a sentence of 25 years in … Read more

Binance Launches Renzo (EZ): Liquid Restacking Protocol

Starting from April 30, 2024 (UTC), Binance, a well-known cryptocurrency exchange, will introduce Renzo (EZ) as its newest project in the Launchpool program. Renzo brings something new to the crypto world with its innovative liquid staking protocol for mining. Instead of traditional mining methods, users can now participate by simply depositing BNB and FDUSD. The … Read more

Charles Hoskinson’s Gaming Studio Debuts on GalaChain

On April 23, 2023, Charles Hoskinson’s gaming company, RFLXT, unveiled its initial game, “Voyager: Ascension,” on the Gala Games platform. Previously, Hoskinson had announced this forthcoming venture to his followers on the X platform. You can express that idea as follows: The 2018 sci-fi first-person shooter Overload has been revamped into a new game, which … Read more

SEC Seeks Public Input on BlackRock’s Ether ETF Proposal

The Securities and Exchange Commission (SEC) is seeking feedback from the public regarding BlackRock’s revised application to launch a cash-settled Ether exchange-traded fund (ETF) on the spot market. Previously, Nasdaq had proposed an asset swap arrangement for this ETF, but the SEC has now asked for comments on the modification to the rule. Key topics … Read more

Perplexity AI Raises $62.7M, Eyes $2B Valuation with New Funding

At the latest financing event, Perplexity AI, an innovative startup specializing in generative artificial intelligence and search engines, secured $62.7 million in investments. This new funding has increased the company’s valuation to over $1 billion. This significant achievement comes just months after their previous investment round in January, showcasing impressive growth and investor trust. Investment … Read more