JPMorgan, Apollo plan for enterprise mainnet, execs reveal
Executives of banking giants JPMorgan Chase and Apollo revealed plans for a tokenized ‘enterprise mainnet’ formed during a collaboration on the Monetary Authority of Singapore’s (MAS) Project Guardian pilot project. On Nov. 15, the MAS introduced five additional industry pilots to Pro ...
Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam
A Bored Ape Yacht Club (BAYC) owner says he has managed to avoid a potentially “dreadful day” after being asked to retrieve a banana for a photo from someone they initially believed was interviewing them for Forbes.On Nov. 27, NFT collector ‘Crumz’ detailed his run- ...
Forbes Author Claims SEC’s Legal Battle Against Ripple is a Tough Challenge
Forbes magazine's crypto-asset author suggested that the Securities and Exchange Commission has "bitten off more than it can swallow" in its legal campaign against Ripple. Sam Lyman thinks it's becoming increasingly clear to the bodies of litigation that the new SEC admin ...
Binance CEO Refutes Claims of $28 Billion Net Worth
The CEO of Binance, a popular cryptocurrency exchange, has pushed back against media reports that claim he has a net worth exceeding $28 billion. Changpeng Zhao, the CEO, called the reports inaccurate, insisting that he doesn't have that much money. Bloomberg, however, has listed Zhao as one o ...
Binance Responds to Forbes Article on Misappropriation of Customer Collateral
Binance has issued a response to an article published by Forbes, which alleged that the exchange had misappropriated $1.8 billion of customer collateral. “When you are the world’s largest crypto exchange in a virtually unregulated market, you can change the rules of the game as you see ...