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UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
12.4.2024
The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies.
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Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
12.4.2024
Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday's meeting marks the latest move by McHenry and Waters to advance stablecoin...
Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report
12.4.2024
Driven by the crypto rally, Bitget's Q1 2024 trading volume reached $1.6 trillion, a 100% increase from Q1 2023. The centralized exchange listed 186 new tokens and attracted over 25 million users.
The post Bitget’s Q1 Trading Volume Surpassed $1.6 Trillion Amid Crypto Market Rally: Report...
Nikolaj Rosenthal, CEO of Myrmidon, on ETH, Staking-as-a-Service, Non-Custodial Staking, and the Ethereum ETF | Ep. 325
12.4.2024
Nikolaj Rosenthal, former ice hockey star and CEO of non-custodial staking provider Myrmidon, discusses his switch from a professional sports player to a crypto entrepreneur, accepting BTC as salary seven years ago, establishing a staking-as-a-service, new chains coming to Myrmidon soon, why ETFs...
Fraud Victims Call on China to Assist in Recovering $4.3B Bitcoin Seized by UK Police
12.4.2024
The victims of an investment fraud scheme have called on China to negotiate with the UK government to recover 61,000 Bitcoin seized in a money laundering investigation, valued at $4.3 billion at the time of publication.
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Enhancing Mina with Recursive zkRollups: A Deep Dive
12.4.2024
In the realm of blockchain, Mina Protocol stands out since its blockchain is fixed in size, and it is based on the idea of a proving system employing recursive zk-SNARKs. With this method, L1 security is guaranteed, and the synchronization process is rapid as if there were a full node. However,...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
Sunbeam activates, marking upgrade Phase in The Graph Network
12.4.2024
Sunbeam, the second stage for the Sunrise of decentralized data, has now been activated, being the start of the upgrade window. It was in October 2023 when The Graph ecosystem worked out a game plan and pledged to implement it on the Sunrise of decentralized data, providing the option for...
HBAR Foundation shares how Shinhan Bank and SB Group used the network
12.4.2024
HBAR Foundation has shared insights about how Shinhan Bank and Standard Bank Group leveraged their capabilities to drive the pilots of stablecoin. The Foundation is majorly known for hosting the Hedera Governing Council. The Council’s core functions include network governance, node...
FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack
12.4.2024
Mike Schmidt complied with an FBI subpoena to provide information on attendees at a developer event, as part of the investigation into the theft of Luke Dashjr's Bitcoins.
The post FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack appeared first on Cryptonews
Illegal Crypto Mining: Russian Police Seize More than 3,200 Rigs in Siberia Raids
12.4.2024
Russian police have seized over 3,200 crypto mining rigs in raids on four large “illegal” data centers in Siberia.
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Bitwise President Explains Why He’s Curious About Ethena
11.4.2024
Ethena (USDe) is fast becoming one of the fastest-growing dollar-denominated instruments—and its mechanics look relatively safe.
The post Bitwise President Explains Why He’s Curious About Ethena appeared first on Cryptonews
Sam Bankman-Fried Files Notice Of Appeal For FTX Trial, Requests To Stay In Brooklyn Federal Jail
11.4.2024
FTX founder Sam Bankman-Fried has formally his notice of appeal for his FTX trial and is requesting to stay in a Brooklyn, New York prison in order to be closer to his legal team, new court filings reveal. The latest legal move for SBF comes as his co-conspirator, Ryan Salame, is set to...
London Mayoral Candidate Brian Rose Plans To Give Constituents £100 Worth Of New Crypto Token If Elected
11.4.2024
Brian Rose, a candidate for mayor of London, revealed he would give city residents £100 worth of a new crypto token if elected as part of his plans to make the capital a “crypto-friendly city,” a statement posted by the mayoral hopeful posted to X reveals. If elected, Londoners would have...
Bitfinex Securities Launches Tokenized Debt for Hilton Hotel Construction in El Salvador
11.4.2024
Bitfinex Securities is spearheading an initiative to fund the development of a Hampton by Hilton hotel complex at El Salvador International Airport through a tokenized debt issue.
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Dubai’s VARA Aims to Facilitate Smaller Crypto Entities, Acknowledges Imperfections in Regulations
11.4.2024
Matthew White, CEO of Dubai's Virtual Asset Regulatory Authority (VARA), expressed the watchdog's commitment to easing the regulatory burden for smaller cryptocurrency entities.
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STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal
11.4.2024
The web3 move-to-earn app STEPN has launched a 100 million FSL Points 'trailblazer' airdrop campaign ahead of its partnership announcement.
The post STEPN Launches $30M FSL Points Airdrop Prior to Partnership Reveal appeared first on Cryptonews
US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher
11.4.2024
US stock traders are exacting a big influence on Bitcoin (BTC) prices, a South Korean crypto researcher has claimed.
The post US Stock Traders Influencing Bitcoin Prices, Says South Korean Researcher appeared first on Cryptonews
Venezuelan Prosecutors Arrest Former Vice President in ‘Crypto Plot’ Probe
11.4.2024
Venezuelan prosecutors say they have arrested former Vice President Tareck El Aissami, the alleged “ringleader” of a “crypto plot” to embezzle money from state oil sales.
The post Venezuelan Prosecutors Arrest Former Vice President in ‘Crypto Plot’ Probe appeared first on Cryptonews
Uniswap Labs Hit with Wells Notice by SEC: Vows to Fight Back
11.4.2024
Uniswap Labs, the creator of the Uniswap decentralized exchange (DEX) protocol and behind the issuance of the UNI token, has just been hit with a Wells Notice by the US Securities and Exchange Commission (SEC), but vows to fight back.
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