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Weekly overview

TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program. As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end…

Continue ReadingTradFi gets crypto boost: Renegade joins Cointelegraph Accelerator

Tether issues $610M debt financing to Bitcoin miner Northern Data

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

In September 2023, Tether also invested an undisclosed amount in Northern Data, backing AI initiatives. The Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing…

Continue ReadingTether issues $610M debt financing to Bitcoin miner Northern Data

UK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards. The…

Continue ReadingUK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety

Ripple’s legal chief questions SEC case losses under Gensler

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

Stuart Alderoty expressed concern about the SEC’s repeated arbitrary and capricious actions in court cases, suggesting a troubling pattern under Gensler’s leadership. Ripple chief legal officer Stuart Alderoty has expressed…

Continue ReadingRipple’s legal chief questions SEC case losses under Gensler

New BTC price breakouts see Bitcoin traders confirm targets up to $48K

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

Bitcoin is attempting to ditch the past week’s trading range, but longer timeframes reveal the potential for much more BTC price upside, predictions show. Bitcoin (BTC) has jumped to new…

Continue ReadingNew BTC price breakouts see Bitcoin traders confirm targets up to $48K

Top Swiss bank launches Bitcoin and Ether trading with SEBA

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers and plans to add more coins in the future. Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks…

Continue ReadingTop Swiss bank launches Bitcoin and Ether trading with SEBA

Trader exploits Multichain opening to turn $280K to $1.9M; community suspects insider job

  • Post author:admin
  • Post published:November 2, 2023
  • Post category:Weekly overview

The momentary opening of the frozen bridge raised suspicion of it being an insider job, as the trader in question was the only beneficiary. A wallet address turned nearly 1.9…

Continue ReadingTrader exploits Multichain opening to turn $280K to $1.9M; community suspects insider job
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