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Spectral Labs Joins Hugging Face’s ESP Program to advance the Onchain x Open-Source AI Community

New York, New York, May 7th, 2024, Chainwire Spectral is excited to announce its participation in Hugging Face’s Expert Support Program. Spectral is collaborating with deep learning experts from Hugging…

Changpeng ‘CZ’ Zhao faces reduced jail time as judge rejects DOJ request

The judge has diverged from DOJ’s 36-month proposal. Some believe the judge is leaning towards a 10 to 16-month sentence. Changpeng ‘CZ’ Zhao is accused of violating the Bank Secrecy…

Morgan Stanley’s Bid For Spot Bitcoin ETFs; Solana Faces Being Outshone by Rising AI Crypto

Renowned investment bank Morgan Stanley aims to add a spot Bitcoin ETF to its brokerage platform. The organization’s interest in offering Bitcoin (BTC) ETFs was sparked by the Securities and…

Bit24.cash faces backlash after reports of KYC data breach

Bit24.cash, an Iranian exchange, faces KYC data breach affecting 230K users. Research uncovers misconfiguration, exposing passports, IDs, and credit cards. Conflicting claims between Cybernews and Bit24.cash prompt user concerns. Bit24.cash,…

Zilliqa faces network disruption, on-chain transactions plunge

Technical glitch causes a 50% drop in Zilliqa Network daily transactions. Urgent investigation and resolution underway; deposits/withdrawals halted. Funds deemed SAFU; users advised to wait for network restoration updates. The…

Former Bithumb chairman faces eight-year prison sentence

Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations. The January…

JPEX crypto exchange faces controversy over asset conversion

JPEX’s attempt to transition into a DAO has sparked controversy and frustration among some users. The users who claim their assets were converted without their consent. The exchange is also…

FTX auditor Prager Metis faces SEC legal action over violations

SEC takes legal action against Prager Metis, auditor of bankrupt crypto exchange FTX. Prager Metis is accused of breaching auditor independence rules by adding indemnification provisions. Lack of transparency and…

Avalanche Drops, Litecoin Faces Resistance, Borroe.Finance Passes $1.1 Million

Avalanche’s ($AVAX) market performance succumbs to bearish pressure, leaving its holders in panic. Elsewhere, Litecoin’s rising popularity on Bitpay is helping $LTC’s efforts to break above its current resistance.  Meanwhile,…

Shiba Memu presale hits $2.1M as Shiba Inu’s Shibarium faces challenges

The highly-anticipated Shibarium layer-2 network is having problems with its bridge contract. Approximately $1.7 million worth of Ethereum is currently stuck on the bridge contract. Shibarium launch was expected to…