Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

Celsius Creditors Seek to Uncover FTX Users Involved in Crypto Trading Controversy

11 months ago 2 mins read

Celsius Network, a well-known cryptocurrency lending platform, is currently facing allegations of market manipulation by its creditors. The allegations stem from ten cryptocurrency wallets allegedly involved in suspicious trades of Celsius’ native token, CEL, between April and August of 2022. A committee representing Celsius creditors has requested a bankruptcy judge to subpoena FTX for information that could help identify users behind these wallets. The creditors suspect that these FTX users may have manipulated the price of CEL through these trades, which could have serious legal consequences. The committee has hired blockchain consultant Elementus Inc. to investigate the matter and determine

Solana’s Latest Integration with ChatGPT Sends SOL Price Soaring

11 months ago 1 min read

Solana has recently announced its latest achievement, the creation of an open-source reference implementation for a ChatGPT plugin that allows users to interact with the Solana network directly from OpenAI’s ChatGPT. This marks Solana’s entry into the world of artificial intelligence (AI) and aims to enhance user experience on the network. The plugin allows users to check wallet balances, transfer Solana-native tokens, and buy non-fungible tokens (NFTs), as well as enabling developers to build AI-powered applications on the Solana network. The announcement comes two weeks after Solana unveiled its crypto-first ‘Saga’ Android phone, which will be available for purchase from

Arbitrum faces backlash for canceling decentralized exchange IAO

11 months ago 1 min read

The Arbitrum decentralized exchange AlienFi’s cancelation of the Xirtam token’s initial airdrop offering (IAO) just minutes before its scheduled launch has caused controversy in the crypto community. While it’s unclear who was responsible for the cancelation, AlienFi alleged in a series of screenshots shared on Twitter that Xirtam had conducted a seed sale at a price 3x+ below the Fjord price, which wasn’t known to the AlienFi development team. After discovering the event, Xirtam decided to cancel the IAO, resulting in a pricing dispute. Xirtam had previously scheduled a two-part presale with liquidity protocol Fjord Foundry and a private-public sale

The Dollar’s Reign at Risk as China, Russia, and Iran Conspire to Abandon It, warns Yellen

11 months ago 1 min read

In a recent interview with CCN, Treasury Secretary Janet Yellen raised concerns about the potential threat to the US dollar’s global supremacy. Yellen states that China, Russia, and Iran are making moves to move away from the dollar and find an alternative, after seeing how the US has used its reserve currency to impose financial sanctions. While acknowledging that the weaponization of the US dollar can be an effective tool in deterring bad behavior on the global stage, Yellen highlights the risk of it undermining the hegemony of the dollar over time. However, she also emphasizes that the US Treasury

Beyond Shapella: Ethereum’s Cancun-Deneb Upgrade Nears Completion

11 months ago 1 min read

Ethereum’s core developers met on Thursday to plan modifications to the blockchain’s consensus layer in preparation for the upcoming upgrade, Cancun-Deneb. This upgrade, expected later this year, aims to make Ethereum cheaper for users by implementing new changes across the platform’s two mainnet layers: the execution layer and the consensus layer. The Cancun-Deneb upgrade will introduce Ethereum Improvement Proposal (EIP) 4844, also known as “proto-danksharding.” This proposal seeks to augment Ethereum’s scalability beyond the current capabilities of Layer 2 solutions. EIP-4844 aims to bring temporary storage and retrieval of off-chain data by Ethereum nodes to address the data and storage

BAYC Creator Yuga Labs Wins Copyright Case

11 months ago 1 min read

Yuga Labs, the creators of the famous Bored Ape Yacht Club (BAYC) NFT collection, have won a landmark legal victory in their trademark infringement case against Ryder Ripps and Jeremy Cahen. The US District Court in California found that Yuga Labs is entitled to an injunction and damages, as well as being the rightful owner of the BAYC trademarks, which are legitimate and enforceable. The court declared that the use of the BAYC trademarks without the consent of Yuga Labs potentially caused confusion among potential buyers looking to purchase an authentic Bored Ape NFT. The case centered around the RR/BAYC

Gemini expands its offerings with new crypto derivatives platform for non-US customers

11 months ago 1 min read

Gemini, the US-based cryptocurrency exchange, is set to launch a new crypto derivatives platform outside of the United States. This move comes amidst the current mass withdrawal of crypto organizations from the US. The new division, Gemini Foundation, will allow eligible users outside the US to trade on both spot and derivatives markets. The first product to be launched on the platform will be a BTC perpetual contract denominated in GUSD, Gemini’s US-dollar-pegged stablecoin. The exchange plans to launch an Ethereum perpetual contract (ETH/GUSD) shortly thereafter. The platform will be available to customers in Singapore, Hong Kong, India, Israel, Thailand,

Binance Lifts €10,000 Limit on Russian Accounts

11 months ago 1 min read

Binance, one of the world’s largest cryptocurrency exchanges, has reportedly lifted the €10,000 limit on Russian accounts that was imposed in April 2022. This development was reported by RBC, a local media outlet, on April 18. According to the report, the technical support team of Binance confirmed that Russian users can now deposit and trade on the platform beyond €10,000. However, Russian users are still prohibited from peer-to-peer transactions in U.S. dollars and Euros. Binance’s decision to lift the restrictions comes almost a year after it imposed the limit. At the time, the exchange cited the EU’s fifth package restrictions

ChipMixer Founder on the Run From FBI After Being Accused of $3B Bitcoin Laundering

12 months ago 1 min read

A Vietnamese man is still on the run and is now on the FBI’s most wanted list after being charged with laundering up to $3 billion in Bitcoin and cryptocurrency through the money-laundering service, ChipMixer. Minh Quốc Nguyễn, a cryptographic engineer with an electronic engineering background from Taiwan, was charged by the Justice Department (DoJ) last month with laundering money for ransomware scammers, darknet markets, fraudsters, and state-sponsored actors. Nguyễn created ChipMixer to help criminals bypass know-your-customer and anti-money-laundering measures. The DoJ alleges that the Russian military, state-sponsored North Korean hackers, and a recently-collapsed exchange, possibly the now-defunct FTX, all

UK Creates New Tech Department to Develop Metaverse and Web3 Strategy

12 months ago 1 min read

The U.K.’s recently formed Department of Science, Innovation and Technology is set to lead the country’s metaverse and Web3 strategy, according to an unnamed source familiar with the matter. The department’s work will focus on potential economic growth opportunities, investment, and business models associated with concepts like the metaverse and Web3, along with their implications for regulation. The move comes after the U.K. government’s 2023 Spring Budget stated its intentions to “lead on the future of web technology,” with the new tech department set up in February to spearhead the initiative. While investment bank Citigroup values the metaverse at $13

ROOK Token Holders Can Claim $25M Crypto Treasury from Defunct Rook DAO in Next 90 Days: Reports

12 months ago 1 min read

Rook DAO may be dead, but the ROOK token still has value. Over the next 90 days, ROOK token holders can claim approximately $25 million of the treasury that once belonged to Rook DAO. The defunct governing body’s members now operate a new entity, Incubator DAO, to liquidate the cash. Incubator DAO is being run by activist investors who once demanded that Rook Labs return value to token holders. Rook Labs, the builders of Rook’s MEV technology and the project’s de facto operators, obliged by buying out token holders’ governing rights for approximately 60% of the treasury, effectively divorcing ROOK,

Gemini Exchange Submits Filing to Avoid Shutting Down in Canada

12 months ago 1 min read

Gemini has submitted a regulatory filing to the Ontario Securities Commission (OSC) to continue operating in Canada. The filing is a pre-registration undertaking that registers the cryptocurrency exchange as a restricted dealer, in compliance with recent Canadian securities regulations. These regulations require crypto firms to segregate Canadian customer funds from foreign user funds and withhold certain services from residents of Canada. Gemini’s registration in Canada will allow it to continue to serve retail users in the country with support for trading pairs involving the Canadian dollar (CAD) and other assets. Other crypto companies such as Coinbase, Kraken, Crypto.com, and Binance