FTX Probes $6.5M Payments to AI Safety Group in Clawback Effort
FTX wishes to investigate the millions it has donated to the Center for AI Safety, a non-profit that argued AI should be a global priority. FTX, a defunct cryptocurrency exchange, seeks information regarding payments totaling millions of dollars made to the Center for AI Safety (CAIS), a nonprofit artificial intelligence (AI) safety organization. In a […]
BTC Faces Crucial Test Ahead of Bitcoin ETF Launch
According to Fibonacci ratios, Bitcoin confronts obstacles just below $36,000, with RSI levels indicating a “overbought” state. After reaching a 2023 high of $35,000 earlier this week, the Bitcoin price has been consolidating around $34,500 as investors continue to ride the bandwagon. Will Bitcoin Price Continue to Rise? The increase in Bitcoin’s value can be […]
Elon Musk VS. Crypto Community on X’s Call Features
Elon Musk responds to the introduction of audio and video features on X as part of the platform’s transformation into an Everything app. To make X, formerly known as Twitter, an “everything app,” Elon Musk teased users with a post instructing them to enable audio and video features on Twitter. Since the $44 billion acquisition, […]
Anthony Scaramucci on SBF Testifying in His Trial
Scaramucci states that SBF’s decision to testify in his criminal trial is a “a very bad move” as he would be “skinned alive” by prosecutors. Sam “SBF” Bankman-Fried will be no match for government prosecutors, who will poke holes in his defense during his criminal prosecution, according to Anthony Scaramucci, founder of SkyBridge Capital. Scaramucci […]
FCA: Crypto Firms Have Violated UK Promo Rules 221 Times
Many of the FCA-warned firms appear to be dubious high-yield return schemes, but warnings have also been issued to legitimate businesses. Since their implementation in early October, crypto-promoting businesses have violated the United Kingdom’s new crypto marketing rules at least 221 times, according to the country’s financial regulator. In a statement released on October 25, […]