The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

The Impact of Multifunction Crypto-Asset Intermediaries on Market Stability Post-FTX Collapse

The Financial Stability Board (FSB) report, along with other sources, offers significant insights into the impact of multifunction crypto-asset intermediaries (MCIs) and key market events, such as the collapse of FTX in November 2022 and the crypto-asset market turmoil in May/June 2022. These events have underscored the crucial role and potential risks posed by MCIs … Read more

Dunamu’s Upbit Reports 81% Profit Drop in Q3 2023

Dunamu's Upbit Reports 81% Profit Drop in Q3 2023

The revenues of Dunamu, the parent company of Upbit, one of the most prominent cryptocurrency exchanges in South Korea, dropped by an astounding 81% during the third quarter of 2023, according to the company’s report. The performance of the corporation during the same quarter of the previous year stands in striking contrast to this dramatic … Read more

Vitalik Buterin’s Vision of Techno-Optimism and AI’s Future

Vitalik Buterin's Vision of Techno-Optimism and AI's Future

Vitalik Buterin, the founder of Ethereum, presents a compelling narrative on techno-optimism in his latest article. He starts by acknowledging the influence of Marc Andreessen’s “techno-optimist manifesto” and the ensuing debate it sparked among thought leaders. Buterin’s take is both warm and nuanced, believing in a future brightened by transformative technology while recognizing the importance … Read more

Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud

Nigerian Police Arrest Politician Wilfred Bonse for Involvement in Patricia Technologies Financial Fraud

The Nigeria Police Force (NPF) has announced a significant breakthrough in a complex financial fraud investigation involving Patricia Technologies Limited. On November 23, 2023, the Force Public Relations Officer, ACP Olumuyiwa Adejobi, detailed the arrest of politician Wilfred Bonse in connection with a security breach and financial fraud at Patricia Technologies. According to the NPF, … Read more

Atomicals Market Addresses Security Breach and Announces Compensation Measures

Atomicals Market Addresses Security Breach and Announces Compensation Measures

The recent events surrounding Atomicals Market (AM) have been a significant concern for the Atomicals community, especially following a severe security breach in two of its trading markets. This breach led to hacker attacks and considerable losses for users, stirring up discussions and demands for action within the community. Shep.eth, an early participant and active … Read more

Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition

Richard Teng Signals Unchanged Core Values at Binance Amid Leadership Transition

Within a recent post on social media, Richard Teng, who was recently hired as the CEO of Binance, provided reassurance to stakeholders over the exchange’s commitment to maintaining its key principles. His message, which comes after a turbulent era for the corporation, is a promise of stability and a focus on the user from the … Read more

Binance’s MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track

Binance's MVB Accelerator Program Collaborates with CMC Labs to Launch Innovative Founder Track

The Most Valuable Builder (MVB) accelerator program, which is a collaborative project between BNB Chain and Binance Labs, has been in the forefront of supporting Web3 builders and fostering the development of the BNB Chain ecosystem ever since it was first introduced in 2021. This forward-thinking program, which is well-known for its intense accelerator structure … Read more

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman Reinstated as OpenAI CEO Amid Board Restructuring

Sam Altman, who was formerly employed as the Chief Executive Officer of OpenAI, the artificial intelligence research lab that is well-known for its achievements in AI technology, including the invention of ChatGPT, has been rehired. This is a surprising outcome. In light of the fact that Altman was ousted from his position only a few … Read more

As the Rumors of Downfall Swirl, Experts at Blast Royale Weigh in on Why Crypto and NFT Projects Will Continue to Rise

As the Rumors of Downfall Swirl, Experts at Blast Royale Weigh in on Why Crypto and NFT Projects Will Continue to Rise

So why do most speculate that Crypto and NFT projects will continue to rise? Blast Royale reiterates that without crypto, there will be no NFT transactions since you need cryptocurrency, or digital currency, to buy the digital tokens. The system works in such a way that in order to buy an NFT, you’ll need an … Read more