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OpenAI plans to ship 100 million pocket-sized AI devices for everyday use


OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI...

Kraken to offer tokenized US stocks to non-US clients


Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with...

US lawmaker introduces anti-corruption bill ahead of Trump's dinner


California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation “to block [Donald] Trump’s memecoin and stop his crypto corruption.”In a May 22 notice, Waters said the Stop Trading, Retention,...

Carmaker DeLorean tokenizes EV reservations on Sui


DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.According to DeLorean, its Build Slot NFT collection grants holders priority access...

SEC’s Peirce says NFT royalties do not make tokens securities


United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

SEC’s Peirce says NFT royalties do not make tokens securities


United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

Justin Sun to attend Trump's dinner with memecoin backers


After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president.In a May 19 X post, Sun said...

SEC Commissioner Hester Peirce Says Most Crypto Assets Are Not Securities


Peirce made the comments in Washington D.C. on Monday during the U.S. Securities and Exchange Commission (SEC) event dubbed “SEC Speaks.” Peirce Pushes Back: SEC’s Approach ‘Must Be Corrected’ SEC Commissioner Hester Peirce, affectionately known as “Crypto Mom” by some, began her speech on Monday...

Ethereum price gained 90% the last time this indicator turned bullish


Key Takeaways:Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600.If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur.Ether (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with...

Bancor files patent infringement lawsuit against Uniswap over DEX tech


Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it.According to the May 20 announcement of the lawsuit, Bancor...

Validation Cloud deploys Web3 AI engine on Hedera


Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way.The Mavrik-1 AI engine has been deployed on Hedera, with several other...

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