Crypto News

Optimism network launches testnet fault-proof system in pursuit of decentralization

OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post.

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Crypto News

Following the denial of the SEC’s appeal request, attorneys discuss the Ripple case.

While many lawyers and commentators hailed the decision as a substantial victory for Ripple in its battle against the regulator, some legal experts

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Crypto News

Friend.tech users blame SIM swaps after more than 100 ETH drained in a week

Friend.tech users are warning of possible SIM-swap attacks after a recent spate of supposed hacks resulting in nearly 109 Ether ETH$2,459.22 worth around $178,000 being

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Crypto News

Chainalysis dismisses another 15% of its workforce due to challenging market conditions.

Blockchain analytics firm Chainalyis has cut 15% of its workforce, the company said on Tuesday. This is the second round of layoffs by

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Crypto News

ETFs that invest in ethereum futures receive a cool response on their first trading day.

Valkyrie’s BTF, the most sought-after among futures ETF offerings, stands out by tracking a hybrid blend of Bitcoin and Ethereum. This dynamic asset

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Crypto News

AI can be used in ‘every single process’ of JPMorgan’s operations, says CEO

JPMorgan CEO Jamie Dimon says artificial intelligence (AI) could be applied to “every single process” of his firm’s operations and may replace humans

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Crypto News

Class-action suit filed against Binance for alleged harm to FTX before its collapse

A California resident has filed a class-action lawsuit against Binance.US and its CEO, Changpeng Zhao, in the District Court of Northern California on

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Crypto News

Investors withdraw their class-action lawsuit directed at Do Kwon and Terraform Labs

Amid Terra’s ongoing legal battle with the U.S. SEC and the possible conclusion of Do Kwon’s sentence in Montenegro, a surprising turn of

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Crypto News

Volatility Shares cancels ETH futures ETF launch, ‘didn’t see the opportunity at this point in time’

Volatility Shares, a financial firm offering a range of exchange-traded fund (ETF) products, canceled its plans to launch an Ether ETH$2,457.68 futures ETF on Oct.

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Crypto News

This year accounted for one-third of all CFTC crypto enforcement actions. President Behnam

In an address delivered at the Financial Industry Association Expo, CFTC Chairman Rostin Behnam shed light on the agency’s active role in the

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