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FTX Recovers US$7.3B; News Circulates Around An Exchange Reboot
FTX exchange has successfully recovered US$7.3B in assets and plans to restart the exchange, and revealed its reorganization plan in July and…
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Perplexity AI Launches Chatbot to Take on OpenAI’s ChatGPT
Perplexity.ai is among the emerging Artificial Intelligence (AI) chatbot providers that are gaining popularity for quick and effective customer support. The company’s…
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FTXs Latest Bankruptcy Report Details Poor Financial Management And Cybersecurity
The once loved, now disgraced crypto exchange FTX has had further details about the company’s inner workings released in its latest bankruptcy…
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Macro Review Of Economic Data For The United States; CPI, Inflation, Fund Rates
The U.S. economy remains stable for now, and according to the official data that was released this Wednesday, the Consumer price index…
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Binance US Drops Tron’s TRX, Causing A Sharp Plunge In Prices
Binance US arm has delisted Justin Sun and Tron’s affiliated cryptocurrency TRX, causing a sharp decline in the digital asset price. In…
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Visa Partners With Venmo, PayPal; Offers Visa+, An Interoperable P2P Payment Platform
Visa announced news of a new peer-to-peer payments platform that can be used across various payment services called Visa+. Alongside Visa, Venmo,…
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Banks Are Losing Money On Mortgages Financed; Unaffordable Housing Prices Are The Cause
The Mortgage Bankers Association (MBA) stated that for the first time ever, in 2022, banks were losing money on every mortgage they’d…
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Regulation Hits Generative Artificial Intelligence; Security Concerns And Privacy Cited
The launch of generative artificial intelligence tools such as ChatGPT has sparked a new wave of hype around AI. Although, regulators have…
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Crypto Exchange Bittrex Exits the US Market Citing Regulatory Challenges
Cryptocurrency exchange Bittrex is closing down its US operations due to the country’s current state of “regulatory and economic environment.” Users can…
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FTX EU Launches Website For Withdrawals Approved By Regulators
FTX European arm, FTX EU, has launched a website for customers to access their accounts and submit withdrawal requests. According to a…