November 2023

Former Binance CEO CZ Plans to Utilize Cryptocurrency for Investment a New Venture

After leaving Binance, CZ plans to utilize cryptocurrency for investment in this new venture. He wants to use crypto to support funding and he wants to open up new opportunities for research financing. CZ plans to Utilize Cryptocurrency for Investment in New Venture The former CEO of Binance, CZ, is starting a new venture at […]

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Richard Teng Expects the Community to Blindly Believe in Binance’s “Very Strong” Fundamentals

Richard Teng expects the community to blindly believe in Binance’s very strong fundamentals in his first blog post as the CEO of Binance. Richard Teng, Binance’s new CEO, recently published his inaugural blog post without committing to increased transparency. Following CZ’s departure, Teng’s post, titled “My First Blog as Binance’s CEO,” aimed to instill confidence

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Last Week ARK Invest sold $5M in shares of GBTC. But why?

Leave a Comment / Crypto, Crypto News / Ujalah Khan

ARK Invest sold $5M in shares of GBTC (Grayscale Bitcoin Trust) last week and this has increased the optimism regarding the Spot Bitcoin ETF approval. ARK Invest sold $5M in shares of GBTC Last week, ARK Invest, led by Cathie Wood, sold an additional 163,722 shares of the Grayscale Bitcoin Trust (GBTC), generating $5.02 million

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OpenAI rehires Sam Altman, to return as chief executive under new board

Leave a Comment / AI, AI News / Hafsa Shoaib

As OpenAI rehires Sam Altman, the previous turmoil has come to an end. The company’s board had been embroiled in power conflicts throughout this turbulent time. Workers and investors in Silicon Valley rallied to support the cause, capturing the attention of the region. This piece explores the circumstances behind Altman’s return, the board’s restructuring, and

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LUNC Price Up 60% And USTC 300% after Binance USTC Perpetual Contract

Leave a Comment / Crypto, Crypto News / Ujalah Khan

LUNC Price was up by 60% and USTC by 300% after the Binance USTC Perpetual contract the community had really positive feedback towards this and it is expected to re-peg to $1 soon. Binance Futures has made a surprising move by launching the USD-M USTC Perpetual Contract with up to 50x leverage, as announced on

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NFT The Grapes Flipped DeGods NFTs

Leave a Comment / Nfts, Nfts News / Ujalah Khan

On Nov 24th,2023, the famous NFT “DeGods” owned by Frank was flipped by the recently launched NFT known as “The Grapes” and people went crazy saying The Grapes Flipped DeGods NFTs. Most of the people are saying that the NFT era is coming but here’s what we got to say. The Grapes Flipped DeGods NFTs

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Discovering AGI’s Secrets: Why It Matters!

Leave a Comment / AI, AI News / Syed Dua

Discovering AGI’s Secrets: AGI has gained significant attention due to the recent OpenAI events. Questions about the technology’s impact on society are raised by rumors about changes in leadership, which suggest safety concerns regarding AGI advancements. Risks and Concerns Despite the unknowns, concerns are widespread after discovering AGI’s secrets. The drama surrounding OpenAI highlights the

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How Bitcoin Achieved an Annual peak of $38,000 ATH of 2023?

Leave a Comment / Crypto, Crypto News / Ujalah Khan

A few major factors behind Bitcoin achieved an annual peak of $38,000 has once again demonstrated its influence in the crypto space by surpassing the $38K threshold for the first time this year. Despite a subsequent decrease in price, Bitcoin’s remarkable surge in the past few days has sparked considerable speculation and interest among crypto

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Newly Appointed Binance CEO Richard Teng and Massive Adoption in 2024

Leave a Comment / Crypto, Crypto News / Ujalah Khan

Richard Teng and Massive Adoption in 2024. At the Binance Blockchain Week, held in Istanbul in November 2023, Richard Teng was interviewed, who was then the Head of Regional Markets at Binance. Note that this was before the latest developments at Binance, including the settlement with the U.S. Department of Justice and the subsequent appointment

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SEC Accuses Kraken of Functioning as an Unregistered Exchange Broker, Dealer, and Clearing Agency

Leave a Comment / Crypto, Crypto News / Ujalah Khan

On Monday, the SEC accuses Kraken, a global cryptocurrency exchange, of functioning as an unregistered securities exchange, broker, dealer, and clearing agency. They are currently facing a lawsuit because of prior registration as the regulatory body The Securities and Exchange Commission (SEC) has accused Payward Inc. and Payward Ventures Inc., collectively known as Kraken, of

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Nvidia Q3 Profits Skyrocket as AI and Gaming Craze boom

Leave a Comment / AI, AI News / Syed Dua

Nvidia Q3 Profits Skyrocket as AI and Gaming Craze boom and shows significant growth in every business unit, standing as a leading force in AI software and silicon, with its CUDA software serving as the cornerstone for machine learning success. Specifically, the company’s Hopper GPUs—a conscious technological investment. Numerous AI applications, such as recommendation engines,

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