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Crypto

Argentina’s central bank halts cryptocurrencies from payment apps

On May 4, Argentina’s central bank banned payment providers from offering crypto transactions, alleging it intends to reduce the country’s payment-system exposure to

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Crypto

Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

Craig Wright, who has claimed to be the founder of Bitcoin, has shown “prima facie evidence” of contemptuous conduct in court proceedings for

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Crypto

Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation

The nascent meme coin pepecoin (PEPE) is the token that keeps on giving, at least so far, surging to an almost $1 billion

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Crypto

White House to build international standards for DLT

In the United States, the White House released the national standards strategy for key and emerging technologies on May 4, identifying eight technology sectors

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Article

Estate and Legacy Planning for Crypto Assets

Despite the uncertain regulatory environment in the U.S., investment and adoption of crypto assets is not slowing down.  The UK, European Union, UAE,

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Crypto

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

Vibe,a new non-fungible token (NFT)-to-product platform that provides tools to help creatives customize and manage the tokens, has raised a $4 million seed

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Crypto

Bitget Launches Blockchain4Youth Initiative

Bitget, a cryptocurrency derivatives exchange, has announced a new corporate social responsibility project, Blockchain4Youth, aimed at promoting cryptocurrency education among the younger generation.

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Crypto

UK Regulator Examines AI Impact

The UK Competition and Markets Authority (CMA) has announced an examination of the impact of AI on consumers and the economy, with a

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Crypto

Flare integrates blockchain API on Google Cloud Marketplace

Layer-1 Ethereum Virtual Machine (EVM) blockchain platform Flare has integrated its application programming interface (API) portal on Google Cloud Marketplace, onboarding a number

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Crypto

Hollywood studios reject banning AI from writer’s rooms

Artificial intelligence (AI) brings yet another industry into a hot debate over its usage as Hollywood and the greater media industry faces petitions

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Article

What is Auto-GPT and why does it matter?

In recent years, artificial intelligence and machine learning have made significant strides in their capacity to generate human-like language, understand context, and produce

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Crypto

ARK Invest spends Int’l Workers’ Day buying $8M in Coinbase shares

ARK Invest, the investment management firm founded by legendary investor Cathie Woods, has celebrated International Workers’ Day by buying shares of cryptocurrency exchange Coinbase.

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Crypto

Bybit joins crypto exchanges offering crypto lending services

Cryptocurrency exchange Bybit is the latest major platform to roll out an in-house cryptocurrency lending service for users. The Dubai-based exchange announced the

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Crypto

Coinme Fined $4 Million by SEC

The US Securities and Exchange Commission (SEC) has fined Coinme, a cryptocurrency exchange, nearly $4 million for allegedly offering unregistered securities and making

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Crypto

Sotheby’s Launches On-Chain Secondary NFT Marketplace

Art auction house Sotheby’s is expanding its non-fungible token (NFT) art offerings through the release of a specially curated, peer-to-peer secondary marketplace. Through its

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Crypto

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch

FARE Protocol has raised $6.2 million in a seed round led by Goat Capital – the firm managed by Twitch founder Justin Kan

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Crypto

Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab

Tron founder Justin Sun tweeted on Monday that he has arranged a full refund of a $56 million transfer to exchange platform Binance after a

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Crypto

YouTube helps recover hacked channel that attempted XRP crypto scams

Prominent YouTuber DidYouKnowGaming was able to regain access to his YouTube channel, which an anonymous bad actor hacked to promote XRP cryptocurrency scams. While hacking

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Crypto

FDIC alleges Cross River engaged in ‘unsafe’ lending practices

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank known for its services to fintech and crypto firms like Visa and

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Crypto

U.S. House Will Have Crypto Bill in 2 Months.

The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the “next two

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Crypto

UK Considers New DeFi Tax Regime

The UK government is seeking to make changes to the tax treatment of lending and borrowing on decentralized finance (DeFi) protocols. HM Revenue

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Crypto

Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

Signature Bank, a crypto-friendly institution, fell apart because of mismanagement by its officers and “contagion effects” after the collapse of Silicon Valley Bank

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Crypto

PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

Payments company PayPal (PYPL) will allow on-chain transfers from Venmo accounts starting in May, Jose Fernandez da Ponte, the company’s senior vice president

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Article

What is Proof of Work in Blockchain?

The original goal for cryptocurrencies included decentralisation as a major component. To do so, a method of confirming transactions without the involvement of

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Crypto

Google Cloud to optimize Polygon zkEVM scaling performance

Polygon Labs and Google Cloud announced a multi-year partnership at Consensus 2023 that will see the cloud computing service provider help boost the

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Crypto

KuCoin confirms an exchange user is behind alleged daily rug pulls

Crypto exchange KuCoin confirmed that the address allegedly responsible for launching thousands of memecoin scams belongs to one of its users. However, the

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Crypto

ChatGPT, Midjourney, other AI tools to make their way into EU legislation

Controversies around artificial intelligence (AI) and its use of copyrighted material have arisen in various scenarios after a major uptick in the use of the

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Crypto

Bitget pledges $10M for Fetch.ai ecosystem amid ChatGPT boom

Bitget has pledged $10 million for the development of the Fetch.ai ecosystem, the cryptocurrency derivatives exchange announced on April 27. Fetch.ai provides the

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Crypto

California approves blockchain-based digital wallet for gov’t services

The county of Santa Cruz in northern California is one of the latest to adopt and implement the usage of blockchain-based solutions on a

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Crypto

Google Ads data: $4M stolen through crypto phishing URLs

Data from Google Ads coupled with blockchain analytics reveals that over $4 million has been stolen from users that have fallen for malicious

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