Alibaba’s technology division, “Alibaba Cloud” has announced the launch of a Metaverse platform, dubbed as “Cloudverse”, which will be powered by the “Avalanche” Blockchain. The launch of Alibaba’s new Metaverse platform, “Cloudverse”, was announced at the popular Blockchain event “Avalanche Summit II”, which is being held in Spain. Notably, Cloudverse will provide Alibaba’s customers, a […]
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The new law could go a long way in attracting companies focused on innovation, which will bring development to El Salvador. Nayib Bukele, president of El Salvador and a Bitcoin supporter, recently signed a law that eliminates taxes on technological innovations in the country. The Technology and Innovation Manufacturing Incentives Act (ITMI) revealed a wide […]
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It is quite possible that a Ripple victory will drive the digital asset to a new all-time high. In a new development, a pro-XRP lawyer has shared startling information that could point towards Ripple’s victory in its ongoing securities battle against the US Securities and Exchange Commission (SEC). This ruling in another case that was […]
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In a May 3 filing, FTX said it intends to commence adversarial proceedings against GGC “to recover funds received by Genesis and non-debtor affiliates so that these funds can be shared with all other creditors of FTX debtors.” in FTX Chapter 11 cases”. Officials claim FTX-affiliate Alameda Research had largely repaid the $8 billion borrowed […]
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The Texas Securities Board, along with several state regulators, have joined together to issue cease and desist orders against Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, for promoting two cryptocurrencies called TruthGPT Coin and Elon Musk AI Token. Caragaceanu and his companies allegedly promoted investments into nonfungible tokens and […]
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