Crypto News
Real-World Asset Tokenization Firm Figure Submits IPO Draft Registration Statement
Figure Technology Solutions announced that it has confidentially submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its equity securities, anticipated to take place in 2025. The specific number of shares to be offered and the price range for theSource link
Bitcoin Traders Bet on Sub-$100K Slide: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise)As the crypto market reels under U.S. stagflation concerns, traders on the decentralized platform Polymarket are seeing a more than 50% chance of bitcoin (BTC) prices dropping into five figures before year-end.Shares in the Yes side of Polymarket's "Will bitcoin dip below $100K before 2026" contract traded at 55 cents, implying a 55% probability. That pricing looks justified against the backdrop of recent economic data."With both manufacturing and services ISMs now weaker than the most bearish forecasts, the market is coming to terms with something darker: Job growth could be rolling over hard," Stephen Innes, managing partner at SPI Asset Management, wrote in a post on FXStreet. "If you weigh these surveys...
Base Incident Report Reveals Infrastructure Weakness Behind Outage
Base has confirmed it experienced a 33-minute disruption on August 5, halting block production on its mainnet. The disruption occurred when Base’s active sequencer fell behind due to high onchain activity. Details of the 33-Minute Disruption Base, the Ethereum Layer 2 network developed by Coinbase, confirmed that a disruption on Aug. 5, which lasted 33Source link
Chinese Ministry of National Security Warns of Risks Associated With Biometric Recognition Technology
The Chinese Ministry of National Security has issued a warning regarding the potential risks associated with biometric recognition technology, highlighting concerns over data security and privacy. The ministry emphasized that while biometric systems, such as facial recognition, iris scanning, and fingerprint scanning, offer convenience in daily life, improper data management could lead to significant leaksSource link
Binance Founder Changpeng Zhao Files Motion to Dismiss $1.8B FTX Lawsuit
CZ argued that a Delaware court has no authority over him in a case tied to 2021 crypto transfers from Sam Bankman-Fried.Source link