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What will Bitcoin do if the Justice Department takes aim at Binance?

In early August, sources leaked word that officials with the United State Department of Justice were considering fraud charges aimed at Binance, the world’s largest cryptocurrency exchange. However, they indicated, officials are worried that it could cause a run on the market akin to the November 2022 collapse of FTX.Those

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AAVE price takes double-digit hit, but strong fundamentals point to eventual recovery

AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level. While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now

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Synthetix takes on counterparty risks with Infinex derivatives exchange

Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end called Infinex to the decentralized trading infrastructure of Synthetix. The upcoming exchange, Infinex, will cater to both novice and experienced traders by

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FTC takes aim at OpenAI’s ChatGPT with lengthy criminal investigation questionnaire

OpenAI, maker of AI chatbot ChatGPT and related products, has received a criminal investigative demand (CID) from the United States Federal Trade Commission (FTC), The Washington Post reported on July 13. The CID is reproduced on the newspaper’s website without a date. A CID is similar to a subpoena, and

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