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The Fintech Times

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Image Credit: The Fintech Times

RBA and ASIC Act Against ASX Following Concerns Surrounding Australian CHESS System

  • The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) express concerns over the management of operational risk surrounding the Australian Securities Exchange's (ASX) CHESS system.
  • The RBA downgrades its assessment of ASX's compliance with the 'Operational Risk' standard and reassesses the compliance of ASX Clear Pty Limited and ASX Settlement Pty Ltd.
  • ASIC directs ASX to engage an expert approved by ASIC to undertake a technical review of CHESS, focusing on stability and operational resilience.
  • Further regulatory action may be taken if the concerns are not addressed, including using the regulators' new powers and rulemaking under financial market infrastructure reforms.

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Pymnts

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Trump Brothers’ Crypto Mining Venture American Bitcoin to Go Public

  • American Bitcoin, a joint venture by Hut 8 and an investor group including Trump's sons, plans to go public.
  • The crypto mining venture will seek additional private capital before going public.
  • The venture will split into two sister companies - one focusing on energy, infrastructure, and data centers, while the other on bitcoin mining and reserves.
  • American Bitcoin aims to become the leading bitcoin mining company in America.

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Medium

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Community Update 04.01.25 — Atmosian Alliances

  • Rush wins again at Game Night, ending Jatb's 4-week streak
  • Jawaiian takes second place, followed by Jatb in third
  • Upcoming Game Nights scheduled with various partners
  • Community member Jabilee helps identify an issue and creates UGC leaderboard tools

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20 Likes

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Medium

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Decoding the Crypto Rebound: What 2025 Feels Like On-Chain

  • Big players are now actively involved in blockchain, moving tokens and staking positions.
  • DeFi is shifting towards long-term stability rather than rapid gains and crashes.
  • AI is being used in blockchain analytics to identify hidden patterns and market shifts.
  • More projects are embracing DAO models, prioritizing collaboration and trust in decision-making.

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Medium

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3Base Announces First Batch of Token Airdrop — A Lot More to Come!

  • 3Base has announced the first batch of token airdrop, which has been distributed to eligible validators who have actively participated in securing and supporting the 3Base ecosystem.
  • The tokens are now claimable through the 3Base Validator Dashboard, providing recipients with seamless access to their rewards.
  • More airdrops are planned, with future distributions rewarding active participants and contributors to the ecosystem's growth and stability.
  • The 3Base team expresses gratitude to all validators for their support and participation, and encourages them to stay tuned for updates on the next round of distributions.

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Coindoo

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Brazilian Court Approves NFT-Based Subpoenas in $900 Million Bitcoin Scam Case

  • A Brazilian court has approved the use of NFT-based subpoenas in a $900 million Bitcoin scam case.
  • The court's decision allows legal notices to be sent directly to wallet addresses suspected of holding embezzled funds.
  • The use of blockchain technology for legal notifications is seen as a pioneering and innovative step in the legal system.
  • This decision sets a precedent and aims to modernize the legal process for digital asset-related cases.

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Pymnts

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Ambient Raises $74 Million to Build Blockchain ‘Replacement for Bitcoin’

  • Blockchain firm Ambient raises $74 million in funding to develop a blockchain as a replacement for Bitcoin.
  • Ambient aims to address the potential obsolescence of Bitcoin's encryption mechanisms.
  • The company plans to build a decentralized network with AI capabilities, positioning it as a competitor to OpenAI.
  • Ambient offers a proof-of-work mechanism that will be familiar to bitcoin miners, facilitating an easy transition.

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Pymnts

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Crypto Tokens Fall by 50% After Possible Trading Bot Glitch

  • Several cryptocurrency tokens experienced a drastic drop of up to 50% on the Binance trading platform.
  • Speculation suggests that a misconfigured trading bot may have caused the sudden price decline.
  • The drop in token prices coincided with Binance's announcement of changes in leverage requirements and margin tiers for perpetual contracts.
  • The decline in prices extended to other trading platforms, impacting both centralized and decentralized exchanges.

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TheNewsCrypto

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While TON Slides to $4.10 and PI Crashes to $0.71, BlockDAG Offers 500% Bonus—Only 72 Hours to Claim

  • Toncoin (TON) and Pi Network (PI) have seen declines over the past three months, with TON down 25% and PI sliding over 60%.
  • BlockDAG, on the other hand, has raised over $210 million in its presale, achieved a 2,380% ROI since batch 1, and is offering a 500% bonus using the code BDAG1000.
  • TON is currently trading at approximately $4.10 with a market capitalization of around $10.08 billion, while PI is trading at approximately $0.7108 with a market capitalization of around $4.82 billion.
  • BlockDAG's progress shows momentum and potential for recovery, while TON and PI need stronger catalysts to overcome recent market declines.

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23 Likes

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Medium

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*Introducing Matrix: The Privacy-First AI Revolution*

  • Most AI systems today log, track, and even train on your input data.
  • Matrix is built with a privacy-first approach, ensuring your data is protected and secure.
  • Matrix safeguards your conversations, content, and projects, providing confidentiality and security.
  • With $ARC encryption, Matrix offers an unprecedented level of security and trust, making AI more private for the future.

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11 Likes

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Medium

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The Impact of Ethereum’s Upgrades on DeFi: What to Expect in the Coming Months

  • Ethereum is a decentralized platform known for smart contracts and DApps, facing challenges like high fees and scalability issues in DeFi.
  • Key Ethereum features include smart contracts, DApps, and token standards like ERC-20 and ERC-721 for DeFi projects.
  • Pectra upgrade in March 2025 aims to address critical Ethereum issues with improvements via EIPs like EIP-3074 and EIP-7251.
  • Enhancements in wallet functionality and security through account abstraction and increased staking limits under EIP-7251 are part of the Pectra upgrade.
  • Pectra upgrade will lower transaction costs, improve user experience, enhance security features, and increase scalability for DeFi applications.
  • Layer 2 solutions like Optimistic Rollups and zk-Rollups complement Ethereum upgrades by reducing gas fees, enabling faster transactions, and increasing capacity.
  • Businesses engaging with Ethereum development should stay informed, invest in development utilizing new features, engage with experts, focus on user education, and conduct thorough security audits.
  • The Pectra upgrade and ongoing Ethereum improvements offer opportunities for DeFi businesses to address challenges and drive innovation in the decentralized finance sector.
  • Engaging experienced developers is crucial for businesses to capitalize on Ethereum advancements and develop innovative DeFi solutions.
  • Codezeros offers Ethereum development services tailored to meet businesses' needs in the evolving DeFi landscape.

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TechBullion

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Why Smart XRP Investors Choose Globepool.com Over Traditional Mining to Earn $8,100 Daily Without Hardware

  • Globepool.com offers a smarter, more sustainable way to generate daily crypto income without hardware.
  • Backed by AI technology, military-grade infrastructure, and a globally distributed mining network.
  • Globepool handles all backend processes, allowing users to earn passively with just a few clicks.
  • Globepool offers diverse mining plans, instant payouts, and a 100% capital refund guarantee.

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TechBullion

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Cloud Mining VS Traditional Mining: Why XRP Investors Prefer HashBeat.com for Earning Up to $8,400 a Day

  • Cloud mining has become a popular choice for cryptocurrency investors, with HashBeat.com emerging as a leading platform.
  • HashBeat.com offers high-profit investment plans, secure transactions, and AI-powered mining operations.
  • Investors can start mining with just $100 and potentially earn up to $8,400 daily with the Bitcoin Cloud Mining Ultra Plan.
  • HashBeat.com is a trusted and secure platform, available worldwide, with a user-friendly mobile app for on-the-go mining.

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11 Likes

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TheNewsCrypto

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Shiba Inu (SHIB) and Dogecoin (DOGE) Whale Activity Crashes as Investors Load Up on This Trending Crypto

  • Shiba Inu (SHIB) and Dogecoin (DOGE) whale activity has decreased, indicating a shift in investor sentiment.
  • Shiba Inu (SHIB) faces pressure as support levels weaken and whale transactions decline.
  • Dogecoin (DOGE) is also experiencing a drop in bullish sentiment, with traders seeking safer options.
  • Investors are turning to Rexas Finance (RXS), a real-world asset tokenization platform, which has shown significant pre-sale demand and offers a user-friendly solution for integrating real-world assets with blockchain.

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14 Likes

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TheNewsCrypto

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You Can’t Ignore This Token—Set to Hit $1 with 1000x Potential!

  • Ozak AI, an AI-powered cryptocurrency, is predicted to surge to $1 with 1000x potential.
  • Ozak AI stands out by integrating AI-powered tools with blockchain technology, creating a dynamic and scalable ecosystem.
  • Investor enthusiasm is fueled by its strong use case, deflationary tokenomics, and early adoption in the AI-crypto market.
  • With the third stage of Ozak AI's presale currently ongoing, the project shows promising growth in the crypto community.

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