Tag: technews

iPhone 5S Unlocking: 10 Years Ago Ten years ago this month, the iPhone 5S launched. It was the first iPhone model to feature Touch ID, a fingerprint recognition feature that allowed users to quickly unlock the device with a single tap of the home button. Today, most phones have fingerprint scanners, face irons, and other…

Binance Executive Rejects Comparisons With Collapsed FTX Richard Teng, the head of regional markets at Binance, rejects comparisons between the collapsed FTX and Binance. The firm’s assets are backed one-to-one, he says, contrary to what was alleged. Similarly, no one can accuse Binance of being similar to defunct FTX because their assets are invested one-half…

Zodia Custody launched in Singapore Standard Chartered’s Crypto Subsidiary Zodia Custody Launches in Singapore Standard Chartered launches its digital asset custody services in Singapore, making it the first entity in the region to offer bank-grade custody solutions for digital assets. The company has partnered with Northern Trust and SBI Digital Asset Holdings, as well as…

FTX Filed for Bankruptcy In a court filing, the now-defunct crypto exchange FTX discloses that it has more than $7 billion in assets, including $1.16 billion worth of Solana tokens and $560 million in Bitcoin. The company also reveals that it paid large amounts of money to its executives prior to its bankruptcy filing. Most…

Aptos v2 Automated Market Maker SushiSwap goes beyond Ethereum compatibility, adding support for Aptos, a protocol alternative to the Ethereum Virtual Machine. Now Sushi can exchange assets on top of the peer-to-peer ledger. The companies announce that they will integrate their exchange, SushiXswap, and market making tools such as the SushiAMM and SushiEZRAD, into Aaptos.…

LayerZero Labs vs. Alameda The FTX bankruptcy estate has taken legal action against LayerZero Labs, a company that develops a cross-chain swap protocol, in order to recover $86 million in assets. The lawsuit centers around a transaction between former Alameda Research CEO Caroline Ellison and Layer Zero Labs four days before the exchange filed for…

Crypto Markets: Volatility on its Way Back In August, crypto trading volumes declined by 11.5% to $2.09 trillion due to a drop in volume despite positive news in the crypto industry, such as the potential approval of an ETF. Liquidity in Crypto Markets Highly Concentrated Among Eight Exchanges A recent report by cryptocurrency researcher Kaiko…

Crypto Exchange Listing Announcements: September 11, 2023 This week’s list of cryptocurrency exchange announcements is a summation of the most important announcements from the past week and today. We’ve added some new listings and delistings, as well as some old ones, since we can’t keep up with the rapid change in the crypto market. Have…

Russian Central Bank to Mark CBDC Tokens The Russian Central Bank says it may look to “mark” or color-code digital ruble tokens to help it track CBDC transactions. This could be useful for smart contracts, in which the central bank can set conditions for the buyer and seller of goods and services. It was briefly…

Render, Fetch.ai, and yPredict The 3 AI Crypto Coins to Watch In 2023: Render, Fetch.ai, and yPredict YPredict, a cryptocurrency based on artificial intelligence, makes its presence felt in the crypto market as well. Its goal is to integrate technological advances into real-world applications. It has invested over $3.81 million to date and has raised…