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Reuters Says They Stand by Its Reporting On Binance Commingling Customer Funds
24.5.2023
Reuters says it stands by its reporting following criticism it received from a Binance executive on its story that said the world’s largest crypto exchange commingled customer funds.
In a story published on Tuesday, Reuters reporters said that Binance commingled customer funds with company...
Dash Block Production Resumes After Disruption Amidst Miner Complaints
23.5.2023
After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed...
Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition
23.5.2023
Cryptocurrency exchange Coinbase called on a court to issue a “writ of mandamus” telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days.
A mandamus “is warranted because the SEC has made up its mind to deny Coinbase’s petition,” the exchange said...
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
23.5.2023
Privacy-focused blockchain firm Namada is seeking to partner with Osmosis to fund software “public goods” and airdrop its planned NAM token to OSMO investors.
In a recent blog post, Namada co-founder Christopher Goes revealed that he has proposed a partnership with Cosmos-based Osmosis that would...
Bitcoin surpasses Solana to become second most popular NFT blockchain
23.5.2023
Bitcoin’s NFT market is growing, but it is primarily driven by newfound hype for memecoin trading on the blockchain
Binance Denies Reuters Report That It Commingled Customer Funds
23.5.2023
Binance is pushing back against a Reuters report that said the world’s largest cryptocurrency exchange commingled customer funds with company revenue in 2020 and 2021.
Binance Chief Communications Officer Patrick Hillmann called the story “weak,” in a five paragraph tweet on Tuesday....
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Solana integrates AI into blockchain, raises grants fund to $10M
23.5.2023
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub
Bitcoin Stamps Approach 50,000 Recorded on Blockchain Alongside Introduction of SRC20 Tokens
23.5.2023
With nearly nine million Ordinal inscriptions, the trend that followed, called Bitcoin Stamps, is nearing a milestone of nearly 50,000 stamps recorded on the Bitcoin blockchain. Additionally, similar to the BRC20 token economy, the Bitcoin Stamps concept has provided users with the ability to mint...
Bitget Restricts Use of AI Tools Following Troubling Results and Negative User Experiences
23.5.2023
Crypto derivatives exchange Bitget has decided to limit how much it uses artificial intelligence (AI) tools like ChatGPT due to the potential for misinformation.
According to the exchange, problematic results, including false information about crypto-related topics, have come from the use...
Global Standard Setter Recommends More Investor Protection Following Turmoil Over the Past Year
23.5.2023
The International Organization of Securities Commissions called for more consistency and protection for retail investors following turmoil over the past year in its newly drafted cryptocurrency recommendations.
IOSCO, which has members that regulate more than 95 percent of the world’s securities...
Baidu Ai Chatbot Raises Questions With Its Claim of 'improved' Communication
23.5.2023
Chinese-based multinational tech firm Baidu recently unveiled its latest AI chatbot, with intriguing claims about its capabilities.
According to Baidu, the new chatbot can communicate with zero errors on sensitive topics.
However, Baidu’s claims raise questions, given the extent of...
Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data
23.5.2023
Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring
Portfolio management provider GoodCrypto joins Cointelegraph Accelerator
23.5.2023
GoodCrypto joins a dedicated Cointelegraph support program for Web3 innovators to increase its brand value and scale up marketing efforts
UK Parliament's Treasury Committee Calls for Cryptocurrency Regulation, Citing Gambling-Like Risks
23.5.2023
The UK Parliament’s Treasury Committee has called for unbacked cryptocurrencies to be regulated in the same way as gambling, saying speculation in these assets “more closely resembles gambling than it does a financial service.”
“Regardless of the regulatory regime, their price volatility...
TON Foundation Launches $25 Million Accelerator Program for Emerging Crypto Projects
23.5.2023
The TON Foundation, the entity which runs The Open Network (TON) blockchain, has unveiled a new accelerator program for emerging projects, allocating up to $25 million for supported projects this year.
"The funding, which is provided by Toncoin Fund, a $250 million ecosystem fund dedicated...
Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade
23.5.2023
Staking refers to locking coins in the blockchain network in return for rewards
GoCrypto’s Cutting-Edge NFT Store: Smart Contracts and Decentralized Payments
23.5.2023
PRESS RELEASE. [Ljubljana, May 23rd, 2023] – GoCrypto, the trailblazer in blockchain technology, is proud to unveil its groundbreaking GoCrypto NFT Store, a revolutionary platform that harnesses the power of smart contracts to redefine ownership, creativity, and real-world rewards. Powered...
Republican Tim Scott Announces His Run for President — How Could That Affect Crypto?
23.5.2023
Republican Sen. Tim Scott, who could be an influential player in the cryptocurrency industry, announced his run for US president on Monday.
The South Carolina lawmaker formally announced his run on Twitter as a crowd gathered in Charleston, South Carolina.
Scott joins other candidates, including...
Ukraine’s Anti-corruption Bureau Unveils Plan to Fight ‘Crypto Corruption’
23.5.2023
Ukraine’s anti-corruption bureau has stated that it is probing the crypto sector to unmask money launderers.
In an official National Anti-corruption Bureau of Ukraine (NABU) release, the regulator said that it was teaming up with the United States Embassy for the drive.
The NABU said that...
BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn
23.5.2023
Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.”
BlockFi released a “corrective letter to creditors” on Friday, directed by the court, asking them to disregard certain statements posted to...