Author: Lily Chang
Lily Chang
Lily Chang, a prominent figure in crypto journalism, navigates the dynamic world of blockchain and cryptocurrencies with finesse. Renowned for her ability to distill intricate concepts into reader-friendly narratives, Lily offers valuable insights into the latest trends and the broader socio-economic implications of decentralized technologies.
KuCoin Ventures pledges $20K to TON Foundation, fueling ecosystem growth. The grant backs projects, R&D, community-building, and marketing initiatives.
IOTA, the open-source blockchain developer, has announced the establishment of the IOTA Ecosystem DLT Foundation in Abu Dhabi, marking a strategic move to drive the growth of its distributed ledger technology (DLT) in the Middle East. This initiative is particularly noteworthy as it has received regulatory approval from authorities in Abu Dhabi, making it the first foundation of its kind to achieve such recognition following the enactment of new laws earlier in the month. To propel the expansion of its DLT, the foundation is backed by $100 million worth of IOTA digital tokens, which will be vested over the next…
The recent collaboration between Ripple’s acquired firm, Metaco, and HSBC, one of the world’s largest banks, has sparked excitement among the XRP community, often referred to as the “XRP army.” This development is seen as a positive indicator that financial institutions may increasingly adopt Ripple’s ledger protocol and, notably, the XRP token. Named after the cryptocurrency facilitating liquidity movement on the XRP Ledger utilized by Ripple, the XRP army views HSBC’s selection of Metaco as a custody tech partner as another step toward wider adoption of XRPL and the XRP token. While the crypto space tends to be tribal, with…
Renowned soccer star Cristiano Ronaldo is now entangled in a proposed class-action lawsuit, as plaintiffs allege losses stemming from his association with the legally embroiled crypto exchange, Binance. A filing dated November 27 to a United States district court in Florida contends that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.” The legal dispute stems from Binance’s multiyear partnership with Ronaldo in mid-2022, where the soccer star endorsed a series of nonfungible tokens (NFTs), at least three of which were linked to the controversial crypto exchange. According to the…
Coinbase shares have surged to an 18-month peak following significant developments in the cryptocurrency landscape. The uptrend in price coincides with the legal troubles faced by its rival exchange, Binance, and its former CEO Changpeng “CZ” Zhao, who recently pleaded guilty to charges of money laundering and sanctions violations in the United States. Closing at $119.77 on November 27, Coinbase reached its highest point since May 5, 2022, when it concluded at $114.25, based on TradingView data. This marks a notable increase of approximately 256.5% year-to-date. Despite this positive momentum, Coinbase shares are still down by 65% from their all-time…
Hong Kong’s Hospital Authority employs AI to fight superbugs and antibiotic overprescription, starting a pilot program in 2024 to analyze prescription necessity.