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FTX and Alameda Research-related wallets dumped $13.5 million in assets. The wallets transferred 974,270 RNDR worth $2 million and 21,967 COMP worth $995K. The involvement of Binance in these mysterious transfers further intensified the intrigue. Crypto-analytic platform Lookonchain unearthed a massive dumping of millions of dollars in assets from wallets associated with the bankrupt FTX and Alameda Research to Binance. These assets, accounting for a total of $13.5 million, include 974,270 Render (RNDR) and 21,967 Compound (COMP), worth $2 million and $995K, respectively. As per the findings of Lookonchain, FTX and Alameda together hold a staggering $3.4 billion in virtual assets. 1/ FTX/Alameda sold 974,270 $RNDR ($2M) and 21,967 $COMP ($995K) again, selling a total of $13.5M in assets. According to our previous Analysis , FTX/Alameda holds a total of ~$3.4B in crypto assets.https://t.co/eqdYmE51sc pic.twitter.com/mZitQcpXFJ — Lookonchain (@lookonc...

Vodafone partners with Chainlink Labs s howcasing the evolution of Global Trade via Blockchain Innovation. Vodafone’s Digital Asset Broker (DAB) announced that it has demonstrated a proof of concept with Sumitomo Corporation, Chainlink Labs, and InnoWave to address longstanding challenges in the $32 trillion global trade ecosystem. During the demonstration, the emphasis was placed on the smooth exchange of critical trade documents among various platforms and blockchains. Trade document exchanges are often complicated by a fragmented system. Particularly when various sectors of global commerce have multiple paper or digital platforms that are unreliable and inefficient and lack interoperability. Companies Collaborate to Enhance Interoperability and Security for IoT Devices By collaborating and utilizing Chainlink’s Cross-Chain Interoperability Protocol (CCIP) with DAB, these companies have achieved greater security and interoperability for IoT devices at the network’s edge. T...

Uniswap Foundation moved out $43.3 million worth of UNI tokens in three days. The foundation allegedly sold $13 million in UNI after notable gains in the coin. The foundation has barely moved substantial UNI tokens in the past two years. Uniswap Foundation, the team responsible for supporting the Uniswap (UNI) protocol and ecosystem, has come under scrutiny recently amid the foundation’s massive sale of the ecosystem’s native tokens. In a recent post on the X (formerly Twitter), the renowned on-chain resource Lookonchain disclosed that the Uniswap Foundation moved 6.8 million UNI tokens worth $29.16 million to a new wallet. The team also moved parts of the UNI coins to FalconX, a crypto brokerage and digital asset trading platform. Note that #Uniswap Foundation transferred 6.8M $UNI($29.16M) to a new address and #FalconX 30 minutes ago. Uniswap Foundation dumped 3M $UNI ($13M) via #Kraken deposit address of #Wintermute yesterday after $UNI rose. Watch fo...

Maestro reportedly identified and fixed its router vulnerability that caused a loss of $500,000 in various memecoins. Users lost a total of 280 ETH ($500K) worth of various altcoins, including JOE, BANANA, and LMI. The platform assured the resumption of trading activities and refunds to the affected customers. Crypto trading bot Maestro announced the resumption of trading activities following a serious router vulnerability that resulted in the loss of $500,000 in various memecoins. As per Maestro’s latest tweet, the exploit had been identified and fixed, updating the router into a “safe, exploit-free implementation.” ️ The router exploit has been fully identified and dealt with. Our router has been updated to a safe, exploit-free implementation. Trading can resume as normal, but tokens with pools on SushiSwap, ShibaSwap, and ETH PancakeSwap will be temporarily unavailable. Thank you… — Maestro (@MaestroBots) October 25, 2023 Reports on October 4 id...

Judge Torres officially dismissed the case against Ripple’s CEO and co-founder, as confirmed by attorney Filan. In July, the SEC presented evidence of $728.9 million in XRP sales violating securities laws, leading to a trial. Attorney Jeremy Hogan shared that the SEC’s chances of winning an appeal against Ripple are 2.367%. A recent post by popular crypto attorney James K. Filan confirmed that Judge Analisa Torres has issued an order formally dismissing the case involving Ripple’s CEO Brad Garlinghouse and co-founder Chris Larsen. Filan also attached images of the court filings signed by Judge Torres at the Southern District of New York court. #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: JUDGE TORRES SIGNS ORDER OFFICIALLY DISMISSING CASE AGAINST BRAD GARLINGHOUSE AND CHRIS LARSEN pic.twitter.com/TLXG51hSlP — James K. Filan (@FilanLaw) October 23, 2023 In December 2020, the SEC filed a lawsuit against Ripple, alleging that the comp...

Binance filed a new motion to dismiss charges brought against it by the Commodity Futures Trading Commission (CFTC) and lashed out at the regulator for trying to “control the world.”  The world’s largest crypto exchange said in a court filing that the CFTC is attempting to regulate foreign individuals and corporations operating outside the US, disregarding the limitations set by the Commodity Exchange Act (CEA).  “The CFTC relies on new and broad arguments that would allow it to regulate any activity in cryptocurrency (or other assets) related to a derivatives product anywhere on the globe,” Binance said . “US law governs domestically but does not control the world. Congress did not make the CFTC the world’s derivatives police.” The US commodities watchdog maintains that foreign businesses must follow its “Know-Your-Customer” requirements, despite the agency not having jurisdiction over these companies, Binance sai...

AI has rapidly transformed the financial industry, and trading is no exception. AI-powered trading platforms can help traders make more informed decisions and execute trades more efficiently, leading to more profitable outcomes. The financial markets are driven by many factors, from economic indicators to geopolitical events, and making profitable trades requires not only deep expertise but also the ability to process vast amounts of information swiftly. AI has transformed the way traders navigate the complexities of the financial landscape. This article will explore how AI can be used to make more profitable trades. We will discuss the different types of AI trading strategies, how to develop and implement an AI trading system, and the potential benefits and risks of using AI in trading. The Complexities of Financial Markets Financial markets are dynamic and multifaceted ecosystems that play a pivotal role in the global economy. To navigate these markets successfully, traders and i...