The utility token of the defunct crypto exchange FTX, FTT is one of the top gainers in the last few days, rising 55% in just 48 hours alone. This has led to speculations as to what may be driving the token’s rally. One of them relates to a recent event…
. SAND price rebounded 8% on Thursday after dropping to a weekly low of $0.36 after Changpeng Zhao’s exit from Binance. Here’s how the Sandbox traders’ reaction to the market volatility could impact SAND price in the day ahead. The leadership shuffle at Binance has triggered intense volatility across the…
The Monetary Authority of Singapore (MAS) has released the second, final tranche of its responses to feedback on a consultation paper of proposed regulations for crypto service providers. The central bank kept the requirement for crypto entities to discourage cryptocurrency speculation by retail customers by not offering financing, margin transactions…
Highly skilled employees of OpenAI staged a mutiny after the board fired CEO Sam Altman for alleged obfuscation. Altman clashed with several board members, including a scientist, Ilya Sutskever, over concerns that OpenAI’s technology was not considering safety. How Altman Swayed Tech Titans But, under pressure from OpenAI investors and…
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Top Stories Uniswap, a decentralized exchange built on Ethereum, has seen its governance token, UNI, rally over the past 24…
OpenAI has launched GPT-4 Turbo, arguably the most powerful and capable LLM to date, but it’s what came with it that makes all the difference. ChatGPT is no longer confined to the realm of text—it now wields the power of sight, dexterity in code, and scholarly wisdom that browses the…
MATIC price hit a 5-month peak of $0.98 on November 14, but despite steady demand, the bears capitalized on the leadership upheaval at Binance to force a correction this week. As the market regains momentum, here’s how MATIC’s price could react. Ecosystem Updates and Partnerships Have Attracted Investor Interest The…
South Korea will start a pilot for a central bank digital currency (CBDC) involving 100,000 citizens in the first quarter of next year, the Korea Times reported on Thursday. The pilot program will be jointly operated by the Bank of Korea (BOK) and financial regulators the Financial Services Commission (FSC)…
Renowned cryptocurrency analyst Dark Defender, with a substantial following of nearly 100,000 individuals on platform X, has drawn attention to the emergence of a “cup and handle pattern” in the daily time frame of the cryptocurrency XRP. Based on his analysis, provided that the token maintains a closing price above…
U.S. prosecutors want Binance CEO Changpeng ‘CZ’ Zhao to remain in the country until his sentencing, according to a court filing. In the filing, prosecutors cite the “substantial risk of flight posed by Zhao,” requesting that he not be permitted to return to the United Arab Emirates ahead of his…