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One of the class-action lawsuits filed against the cryptocurrency-friendly Silvergate Bank in California is calling for claimants with ties to FTX or Alameda Research accounts.A group of investors asked Silvergate users who deposited fiat “into an FTX- or Alameda-related account” from 2019 to 2022 to submit claims for a settlement filed in the US District Court for the Southern District of California. According to the lawsuit, investors have until Jan. 30 to opt out or file a claim as part of a $10 million settlement that “resolves a lawsuit over whether Silvergate Bank, Silvergate Capital Corporation, and Alan J. Lane…
Generative AI has changed the economics of deception. What used to take professional tools and hours of editing can now be done with a few clicks. A realistic fake face, a cloned voice, or even a full video identity can be generated in minutes and used to pass verification systems that once seemed foolproof.Over the past year, I’ve seen evidence that deepfake-driven fraud is accelerating at a pace most organizations aren’t prepared for. Deepfake content on digital platforms grew 550% between 2019 and 2024, and is now considered one of the key global risks in today’s digital ecosystem. This isn’t…
Sora Financial Technologies (SFx) is revolutionizing the remittance landscape between Turkey and 14 African countries using USDC, Circle’s USD-pegged stablecoin. This initiative is aimed at simplifying and reducing the cost of money transfers for African students and professionals in Turkey, according to Circle. Streamlining Cross-Border Transactions Traditional remittance channels often involve high fees and lengthy delays, challenges that SFx co-founders have personally encountered. In response, SFx developed a money-movement app that facilitates seamless cross-border transactions akin to local transfers, leveraging the efficiency and reliability of USDC. The app allows users to hold US dollar value and convert it into local…
According to a new report from Delphi Digital, crypto platforms are quietly morphing into distribution layers for everything from trading and payments to onchain apps and yield. The “super app” vision that reshaped consumer finance in Asia is now colliding with Western UX preferences and clearer regulation, and exchanges are betting that whoever controls the primary interface will control the next wave of users.The aggregation era arrivesThe report concludes that crypto is entering an “aggregation era,” where the real power no longer sits with base protocols but with whoever owns the user relationship. In other words, the place where people first…
Kindly MD (NAKA), a health-care and bitcoin treasury company company, faces being delisted from the Nasdaq exchange after its share price failed to meet minimum listing requirements.The stock has closed below $1 for 30 consecutive trading days, and the company has until June 8 to lift it above that level for 10 straight days to avoid the delisting, it said in an SEC filing on Dec. 12.The company was bought in a reverse takeover by Nakomoto in August, which kept the KindlyMD name and changed the stock ticker. It owns 5,398 BTC ($466 million) and is the 19th largest corporate…
NVIDIA, in collaboration with the University of Wisconsin-Madison, has introduced Sirius, a GPU-accelerated SQL engine that has set a new performance benchmark on ClickBench. The open-source Sirius engine integrates with DuckDB, a database renowned for its simplicity and speed, to enable high-performance analytics by leveraging GPU technology. Partnership and Innovation The adoption of DuckDB has surged among companies like DeepSeek, Microsoft, and Databricks, thanks to its versatile and efficient nature. Recognizing the potential for enhanced performance, NVIDIA and the University of Wisconsin-Madison developed Sirius to provide GPU-accelerated analytics without the need to reconstruct database systems from the ground up. By…
Memecoins are not dead because the market is down and the narrative has faded, according to president of payment infrastructure company MoonPay, Keith A. Grossman, who said that memecoins will be back but in a different form.The real innovation of memecoins is that attention can be tokenized easily and at low costs through blockchain technology, democratizing access to the attention economy, Grossman said. He continued:“Before crypto, attention could only be monetized by platforms, brands and a small group of influencers. Everyone else generated value and gave it away for free. Likes, trends, inside jokes and communities created massive economic value.”…
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin’s BTC$89,629.86 three-week price bounce looks vulnerable to a reversal as the Nasdaq, Wall Street’s tech-heavy index, hit a wall last week, hinting at potential trouble ahead.Since hitting $80,000 lows on Nov. 21, BTC has steadily bounced above $90,000, carving higher lows and highs in a countertrend rising channel within the broader downtrend.The recovery appeared to have legs, as the dollar index declined following Wednesday’s Fed rate cut, and a longer-duration trend indicator hinted at a potential bullish shift in BTC momentum.Yet these failed to spark…
The recent BNB Hack Abu Dhabi event, held on December 5-6, 2025, brought together a diverse group of developers and innovators to create and showcase cutting-edge blockchain solutions. The hackathon, hosted at 42 Abu Dhabi, attracted 44 teams from various countries, each focusing on sectors like DeFi, AI, onchain payments, and more.A Two-Day Program for InnovatorsThe event kicked off with welcomes from key figures including the BNB Chain team and He Yi, Co-Founder and Co-CEO of Binance. Participants engaged in workshops covering AI-driven smart contract automation, prediction market design, and more. The hackathon provided continuous technical support, allowing teams to…
Trader sentiment toward XRP has been shifting into bullish territory on social media this week, according to market intelligence platform Santiment, and at the same time, the streak of inflows into the token’s exchange-traded funds has continued.Retail traders are staying optimistic toward XRP (XRP) as it hovers around the $2 mark, with the week recording the seventh highest number of bullish comments for the year, Santiment said on Friday, citing data from its analytics platform Sanbase, which monitors social interest across cryptocurrency social channels, including Telegram, Discord, subreddits, and X.“XRP’s bulls and bears continue to battle, and the asset is…