The former FTX CEO was found guilty of seven counts of fraud in Manhattan Federal Court. The Court concluded that Sam Bankman-Fried committed “one of the largest financial frauds in American history.” Sam Bankman-Fried faces a sentence of up to 115 years in prison and the sentence would be handed down on March 28, 2024. […]
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Investments in cryptocurrencies reach a record last week, according to CoinShares. Bitcoin leads the total investment flow. According to a recent report from CoinShares, cryptocurrency and Bitcoin investment products, as well as more digital assets, saw a notable increase in inflows last week. Reaching its highest point since July 2022. During that week, a total […]
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Excitement has gripped the cryptocurrency community as Ripple (XRP), one of the most notable altcoins, is on the cusp of a significant moment. The last quarter of 2023 is unfolding and the tokens are following different trajectories. In between, some are expected to finish the year on a high, including Ripple (XRP), Solana (SOL) and […]
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Nicolas Maduro promised that Venezuela would have “monetary sovereignty” with this currency and that it would help them skip the economic sanctions they had received in 2017. The appearance of the Petro served for the Venezuelan crypto sector to grow and for adoption in the country to increase. will accelerate, but everything has taken a […]
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Alibaba introduces Tongyi Qianwen 2.0, an advanced big language model, to compete with American tech giants. In addition to Tongyi Qianwen 2.0, Alibaba launched industry-specific Artificial Intelligence (AI) models and GenAI service platform. Amid AI advances, global regulations are evolving, including Biden’s executive order on AI safety. In the growing race for AI supremacy, Alibaba […]
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