‘Bullish narratives’ erupt as XRP surges 35% this week
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on the price chart.
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a16z exec: Stablecoin regulatory clarity needed to avoid ‘FTX-level issue’
Chris Dixon is bullish on stablecoins but says Europe is currently leading the United States in protecting consumers and investors.

OpenAI is building a new AI model under code name ‘Strawberry’ — Report
Strawberry extends on OpenAI’s Q* project announced in November 2023, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.

Crypto Advocate Patrick Byrne Resigns as CEO of Overstock
Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows…

Global access to Web3: Understanding cultural differences
While crypto was invented to provide an alternative to the traditional banking system, converting to and from fiat currency is still necessary in many cases. And depending on local regulations, the policy of your bank, and even different cultural standards, your experience can vary greatly. So, what is the path forward to improve this situation…

OKEx Announced The Listing of Compound DeFi Protocol’s COMP Token
COMP spot trading against USDT started at 6 AM UTC today. 737 Total views 28 Total shares Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade. COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound…

Crypto exchanges tackle insider trading after recent convictions
In January, the brother of a former Coinbase product manager was sentenced to 10 months in prison for wire fraud conspiracy in what prosecutors called the first case of insider trading involving cryptocurrencies. In September 2022, Nikhil Wahi entered a guilty plea for executing trades based on private data obtained from his brother, Ishan Wahi,…

Court filings reveal Celsius will run out of money by October
Embattled crypto lender Celsius Network is on track to run out of money by October, according to the firm’s latest Chapter 11 documents.Filed on Aug. 14 to the U.S. Bankruptcy Court of the Southern District of New York, Celsius highlighted that it is expected to reach negative liquidity by October 2022 to approximately $34 million.…

Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows
The new credit card will offer Bitcoin rewards rather than airline miles or cash. 480 Total views 9 Total shares Visa Inc. and BlockFi are teaming up to launch a new credit card that rewards users with Bitcoin (BTC), setting the stage for wider mainstream adoption of digital currency. BlockFi, a New York-based startup specializing in…