SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’

The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues. News Join us on social networks The U.S. Securities and Exchange Commission has submitted a filing urging the court to grant its motion to appeal a ruling from the Ripple Labs lawsuit that deemed that …

File-sharing protocol LBRY, once vanquished by the SEC, files to appeal previous rulings

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

$73,000,000,000,000 Wealth Transfer Incoming – Here’s Who Will Gain the Most, According to Billionaire Ray Dalio

Billionaire investor Ray Dalio believes a historically massive transfer of wealth has been quietly boosted by central banks around the world. An estimated $73 trillion transfer of wealth is now underway as baby boomers bequeath assets to the next generation, reports Fortune. And according to a new economic update from Dalio, that wealth transfer has …

Analyst Updates Outlook on Chainlink, Avalanche, Fantom and One Altcoin That’s Exploded Over 700% in Matter of Weeks

A popular crypto trader is updating his outlook on Chainlink (LINK) as the digital asset continues to chop around. Pseudonymous trader Altcoin Sherpa tells his 196,200 followers on the social media platform X that blockchain oracle Chainlink is likely going to take months before breaking out of a persistent trading range. “LINK: still one of …

MakerDAO Explores Tokenized T-Bills With $100 Million Allocation Plan

Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products.  The proposal, currently in the discussion phase, aims …

Charting The Course: This Indicator Sparks Confidence In Bitcoin Rise To $27,000

For Bitcoin (BTC), the largest cryptocurrency in the market, the month of September has seen a lack of definitive strength from both bulls and bears, resulting in a period of sideways chop and rapid bouts of volatility.  Material Indicators, a prominent crypto analysis firm, sheds light on the prevailing market conditions and highlights the intricacies …

Dogecoin Dominates: Over 40% Holders In Profit, But How Do Other Meme Coins Fare?

A recent report by IntoTheBlock offers new insights into the profitability of meme coin holders, including Dogecoin, highlighting variations in the percentage of holders in profit and whale concentration. Dogecoin, the forerunner in this category, continues to hold its own, with new data underscoring its dominance in terms of profitability for its holders. Dogecoin Holds The …

Litecoin Breaks Another Record: HODLers On Network Now Exceed 5 Million

On-chain data shows Litecoin has reached another milestone as the total number of HODLers on the network now exceeds five million. Litecoin Long-Term Holders Have Continued To Rise In Number Recently According to data from the market intelligence platform IntoTheBlock, LTC has seen its long-term holder count hit a new record this week. The firm …

Bitcoin Spot ETFs: Research Firm Predicts Inflows Over 70,000 BTC, This Price Target

In a recent series of tweets, Vetle Lunde, Senior Analyst at K33 Research, delved deep into the potential ramifications of the US Bitcoin (BTC) spot ETFs. Lunde’s analysis suggests that the broader market might be significantly underestimating the transformative power of these financial instruments. Lunde’s assertion is rooted in five core reasons. He began with …

Ripple Labs Acquires Blockchain Infrastructure Firm Fortress Trust

Crypto-based payments platform Ripple Labs is acquiring blockchain infrastructure firm Fortress Trust, the second major purchase for the company this year. In a new company blog post, Ripple announces its addition of Web3 firm Fortress Trust to handle its infrastructure and regulatory compliance needs. “Through its technology and licensing, Fortress Trust provides critical infrastructure to …

Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance

This week’s Crypto Biz explores Coinbase’s lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy. Newsletter Join us on social networks Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023. The company recently unveiled its …

Scientists create ‘OpinionGPT’ to explore explicit human bias — and the public can test it

Due to the nature of the model’s tuning data, it’s unclear whether this system is actually capable of generating outputs showing real-world bias. News Join us on social networks A team of researchers from Humboldt University of Berlin has developed a large language artificial intelligence (AI) model with the distinction of having been intentionally tuned …

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