Ex-FTX exec asks for delay reporting to prison after dog attack
Ryan Salame was scheduled to report to prison on Aug. 29 after being sentenced to 90 months for charges related to the misuse of FTX user funds.
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Stablecoins now 43% of Sub-Saharan Africa crypto tx volume: Chainalysis
Nigeria and Ethiopia have both experienced local currency devaluation which has driven stablecoin adoption.

Siemens and Microsoft partner to push AI adoption in industrial sectors
Microsoft and Siemens revealed a new generative AI assistant catering to professionals in the manufacturing, healthcare, transportation and infrastructure industries. 340 Total views 6 Total shares German technology company Siemens has partnered with Microsoft and announced its new generative artificial intelligence (AI)-powered assistant, the Siemens Industrial Copilot. On Oct. 31, the companies revealed the AI assistant

FT: US Regulator CFTC in Talks With Facebook Over Rumored Crypto Plans
United States regulator the Commodity Futures Trading Commission (CFTC) is in talks with Facebook about its upcoming stablecoin launch, the Financial Times (FT) reported on June 2.Citing chairman J. Christopher Giancarlo, the publication revealed that Facebook is attempting to smooth out the regulatory landscape ahead of the asset, currently dubbed GlobalCoin, allegedly going live next…

Past Halvings in Review: Case for an Immediate Bitcoin Upsurge Is Flawed
The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does not necessarily coincide with an immediate upsurge in the price of Bitcoin.On the Bitcoin network, miners create blocks…

Point of no return? Crypto investment products could be key to mass adoption
The first Bitcoin (BTC) futures exchange-traded fund (ETF) was launched in the United States back on October 19, 2021. Since then, a number of other cryptocurrency investment products have been launched in various markets.That first ETF, the ProShares Bitcoin Strategy ETF, quickly became one of the top ETFs of all time by trading volume on…

Ripple CTO seeks community consensus for XRPL AMM feature adoption
Schwartz stated that if the majority supports the amendment, the changes could be implemented in as little as two weeks. Ripple chief technical officer (CTO), David Schwartz has advocated for XRP Ledger (XRPL) validators to support the automated market maker (AMM) feature, but only if there is consensus within the community.On X (formerly known as

Lightning Network Proving Less Electric for Bitcoin Than Promised
Bitcoin (BTC) turned 10 years old recently, and if someone were to tell its founder, Satoshi Nakamoto, in 2008 that the new decentralized currency would still be thriving in 2019, he/she/they may assume that the experiment succeeded. However, an idea like Bitcoin is capable of existing even if it isn’t very effective at delivering on its promises,…

Crypto Users Could Soon Receive Interest From Two DeFi Protocols at Once
The Aave lending protocol introduced a new market based on Uniswap liquidity tokens, which lets depositors borrow assets against these synthetic tokens.The Uniswap market was launched and announced on May 28, and it lets holders of specific liquidity tokens use them as collateral to borrow crypto assets from the protocol.Each liquidity token represents ownership in…