Multiple US state regulators allege AI trading DApp is a Ponzi scheme
    05 Apr 2023
    305 Views

    The scheme allegedly claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with higher profits than a person could. Securities regulators from Montana, Texas, and Alabama have jointly filed enforcement actions against cryptocurrency trading platform YieldTrust.ai, alleging it is “perpetrating a Ponzi scheme.” According to…

    LayerZero raises $120M to expand cross-chain messaging efforts
    05 Apr 2023
    323 Views

    The new funds will be used to increase headcount and expand the cross-chain messaging protocol’s presence in the Asia-Pacific region. Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an April 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific…

    Cash App creator dies following stabbing in San Francisco
    05 Apr 2023
    247 Views

    Bob Lee, the creator of Cash App and the former technology chief at Square has died after he was stabbed by an unknown attacker. Bob Lee, the former chief technology officer of Square and creator of Cash App has died following a stabbing in San Fransisco in the early hours of Tuesday, April 4 local…

    An ambitious project opens the doors to the metaverse in the heart of Dubai
    04 Apr 2023
    273 Views

    The metaverse has the potential to boost business success when engaging with customers. As the digital world continues to evolve, the concept of the metaverse has emerged as a promising new frontier for businesses looking to enhance communication and customer engagement. With its immersive and interactive nature, the metaverse offers unparalleled opportunities for companies to…

    Binance’s market share drops on CFTC suit and no-fee trading halt: Report
    04 Apr 2023
    295 Views

    Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko. The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to…

    Ethereum Archive Node service shuts down, saying it ‘succeeded’
    04 Apr 2023
    263 Views

    ArchiveNode.io has closed its doors following three years of providing archived Ethereum blockchain node data. Ethereum mainnet archive node service ArchiveNode.io says it will be shutting down, claiming that the project has been a success. On April 4, ArchiveNode.io announced it was “sunsetting” its services after more than three years of providing free Ethereum mainnet…