Crypto News
Reddit Discloses FTC Probe into AI Data Licensing Ahead of IPO
The social media platform's $60 million deal with Google draws regulatory scrutiny as it orepares to go public.Source link
Prosecutors Demand 50 Years for Bankman-Fried, Citing FTX Founder’s Repeated Gambles ‘With Other People’s Money’
In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for high-stake risk and “gambling repeatedly with other people’s money.” SBF’s Path From Finance TycoonSource link
Despite Recent Dip, Meme Coin Shiba Inu Marks 177% Monthly Growth
Based on the most recent data, the meme cryptocurrency shiba inu has witnessed 410 trillion tokens burned, translating to approximately 41% of its entire circulation. Concurrently, the digital asset has experienced a recent price revival over the last four weeks. Despite shiba inu’s value dipping over 21% in the last week, the meme coin hasSource link
This Week in Coins: Bitcoin Hits All-Time High, Then Gets Battered, While Solana Soars
Bitcoin soared above $73,600 per coin before dropping below $69,000. But Solana made gains, with its market cap hitting an all-time high.Source link
Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan
Decima Fund, a specialized Web3 venture fund, announces the successful closure of approximately 4.5 billion Yen in capital to support the global expansion of Japanese Web3 ventures. (Read More)Source link