Cryptory.net - Genesis, a crypto lender that has become bankrupt, has initiated legal proceedings to recover a significant sum of $689.3 million from the cryptocurrency exchange known as Gemini.
Cryptory.net - Less than 5 days after Sam Altman was fired as CEO, Sam Altman and OpenAI have reached an agreement for the father of ChatGPT to return to this position.
Cryptory.net - In order to understand the dynamics of cryptocurrencies, individuals need to explore the fundamental concepts of economics and finance that form the foundation of this groundbreaking digital asset class.
Cryptory.net - Do Kwon, the founder of Terraform Labs, has received a four-month prison sentence from a Montenegrin court for the act of falsifying documents. This ruling comes as a result of an appeal made by Kwon and his fellow executive, Han Chang-Joon, who were apprehended in March 2022.
Cryptory.net - The cryptocurrency market is currently surging due to both technical and fundamental factors. Technically, the equity market has experienced a strong rally following three months of negative closings. This rally is primarily driven by market participants' anticipation that the Federal Reserve has completed its interest rate hike cycle for the current period.
Cryptory.net - Consumer debt has reached a historical peak, which is expected to have a significant impact on the market in 2024. However, it can be confidently stated that central banks will continue to revise regulations in order to sustain robust economic growth.
Cryptory.net - The recent decline in the price of Bitcoin to $35,000 can be attributed to several factors, including a decrease in U.S. inflation, economic challenges faced by China, and uncertainties surrounding regulations.
