Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information

Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information

AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. Today a startup called Fetch.ai is announcing $40 million in funding in […]

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Binance’s bitcoin reserves are fully collateralized according to auditing firm Mazars

Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations

Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, according to a filing on Monday. The company, Zhao, Lim are being sued for allegedly breaking trading and derivatives rules. The exchange has never registered with […]

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Avalanche wants to digitize all of the world’s assets on the blockchain

Avalanche wants to digitize all of the world’s assets on the blockchain

Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Emin Gün Sirer, the founder and CEO of Ava Labs. Ava Labs has raised a total of about $640 million, […]

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Binance.US to buy Voyager Digital’s assets for $1 billion

Crypto giant Binance temporarily suspends withdrawals and spot trading

Binance has temporarily suspended all spot trading, deposits and withdrawals on the world’s largest crypto exchange citing an “issue” that it’s working to resolve. “Initial analysis indicates matching engine encountered a bug on a trailing stop order (a weird one),” Binance founder and chief executive Changpeng Zhao said in a tweet, adding that the firm […]

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Interpol issues red notice for Terraform founder Do Kwon

US, South Korea both seek Do Kwon’s extradition to face charges

Do Kwon, the founder of Terraform Labs, which operated the so-called TerraUSD stablecoin and its sister token LUNA, was arrested in Montenegro Thursday morning after months in hiding while trying to board a flight to flee Dubai with falsified documents.  Thursday night — a few hours after Kwon was arrested at the airport in Podgorica, the […]

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