Federal Prosecutors Urge Court To Proceed With Charges Against SBF
U.S. Federal prosecutors in the Sam Bankman-Fried (SBF) have urged the court to proceed with all charges against the former FTX founder, stating that the FTX founder’s arguments to dismiss criminal charges are without merit. In a nearly 100-page filing, prosecutors stated that these motions presented by SBF’s attorneys are without merit. “The charges parallel […]
South Korea To Implement System That Freezes Funds On Top Crypto Exchanges
The National Police Agency of South Korea will meet with Binance and the top five cryptocurrency exchanges in South Korea to discuss plans to implement a system with real-time wallet address monitoring and freeze funds capabilities. Local news outlets reported that the National Police Agency would hold a virtual asset exchange working meeting with Binance […]
Nvidia Announces AI Supercomputer for Video Game Industry
Nvidia continues to advance in the contest to develop artificial intelligence (AI) tools and applications, as evidenced by the company’s announcement of plans to release an AI supercomputer for the video game industry. Nvidia CEO Jensen Huang unveiled the DGX GH200 artificial intelligence supercomputer platform on May 28 at the Computex trade expo in Taiwan. […]
Animoca Brands, Others Lead $10M Funding for Tabi NFT Marketplace
Animoca Brands, and Binance Labs, amongst other venture capital firms, have led a $10M angel funding round for Tabi NFT Marketplace, formerly Treasureland. Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital provided the initial funding. Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of […]
Bybit Receives “In-Principle” Approval from Kazakhstan Regulatory Authorities
Bybit cryptocurrency exchange, in a bid to continue its expansion, has received “in-principle” approval to operate in Kazakhstan as a crypto custody services provider. The exchange announced on May 29 that it had received preliminary approval from Kazakhstan’s Astana Financial Services Authority (AFSA) to operate as a digital asset trading facility and custody services provider […]