Jack Dorsey courts controversy by claiming ETH is a security
Since Binance and Coinbase were sued for offering unregistered securities, Dorsey has tweeted posts promoting a focus on Bitcoin development.Long-time Bitcoin (...
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SEC, Gensler-themed memecoins surge amid Binance and Coinbase lawsuits
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.A number of memecoins drawing their likeness from the United Stat...
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Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report
While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications.Just a day after launching a new virtual reality (VR...
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Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model
The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model.Two United States senators have questioned Meta chief executive Mark Z...
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SBF upset by criminal trial's late evidence while FTX seeks sale of AI stock
Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers.Former FTX CEO ...
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SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.The net worths of Coinbase CEO Brian Armstrong and Binance CEO Changpeng Zhao (CZ) h...
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SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.The median trading volume across the top three decentralized exchanges (DEX) jumped 444% i...
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Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets
The U.S.-based exchange said it is “fully operational” and called the Securities and Exchange Commission’s motion “unwarranted.”Crypto exchange Binance.US has attempted to quell possible unres...
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Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees
The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software.The Optimism network concluded its “Bedrock...
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Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says.“Coinbase has embraced regulation since we were founded over a decade ago,...
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SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange.The United States Securities and Exchange Commission (SEC) ...
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Coinbase CEO responds to SEC suit, says team is ‘confident’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them.Coinbase CEO Brian Armstrong has responded publicly to the Un...
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Crypto traders avoid risk and shelter in stablecoins as the market reaches a turning point
On-chain data from Glassnode shows market participants averting risk and seeking shelter in stablecoins and BTC as the crypto market nears a decisive move.On-chain analytics firm Glassnode ...
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Google Cloud launches free courses to help users build their own GPT-style AI
The new corpus includes nine courses and a set of labs that students can complete to earn a Google Cloud skills badge.Google Cloud recently ...
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Why is Bitcoin price down today?
Bitcoin price is down today after lawsuits against Binance and Coinbase led to $106 million in BTC long liquidations.The bullish momentum that propelled Bitcoin (...
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Small business lending protocol Defactor tokenizes $100M in bonds
The bonds are tokenized on Polygon using the ERC-3643 token standard.On June 6, decentralized finance (DeFi) lending platform Defactor Labs ...
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House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
The full Agriculture Committee heard testimony from CFTC Chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer.If there was ever such a thing as an all-star lineup...
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Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital will split into U.S./Europe, India/SEA, and Chinese branches.Venture capital firm Sequoia Capital ...
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Bitcoin price bounces past $26K as Coinbase news fails to shake bulls
Bitcoin’s price stages a sudden comeback from its lowest levels since mid-March.Bitcoin (BTC) recovered some of its lost ground after the June 6 Wa...
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Why is Ethereum (ETH) price up today?
Ethereum price is up today, after its absence from the SEC's lawsuit against Coinbase and Binance catch traders' attention.On June 6, Ethereum's native token, Ether (...
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Coinbase stock plunges 20% on SEC lawsuit
The cryptocurrency exchange faces scrutiny from state regulators simultaneous to the SEC litigation.The stock of cryptocurrency exchange Coinbase plunged more than 20% at the open on June 6. At the time...
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10 industry insiders’ tips for devs who are new to blockchain coding
If they start in the right place and leverage the many available resources, devs new to blockchain can become thriving community members.Tech developers looking for a new challenge may well be turning th...
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Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings.According to a statement ...
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Tornado Cash 2.0: The race to build safe and legal coin mixers
Projects are racing to create legal coin mixers that preserve privacy while revealing just enough data to stay on the right side of the law.When the U.S. government sanctioned coin mixer Tornado Cash, many thought it might spell the end for illicit crypto mixing serv...
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The Ethereum Shanghai upgrade: Everything you need to know
The Shanghai upgrade allows validators to withdraw the staked ether (ETH) that has been locked in the network.Ethereum has just had its first major upgrade, or “hard fork,” since transitioning to a p...
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Grinding out a living: Can blockchain games really offer a sustainable income?
Blockchain gaming executives believe the law has not yet caught up with the concept of earning a living through gaming.Blockchain games are mostly played for entertainment, but some developers within t...
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SEC sues Coinbase for breaking US securities rules
The SEC lawsuit alleges that Coinbase operates as an unregistered securities exchange, broker and clearing agency.The United States Securities and Exchange Commission (SEC) has filed a ...
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Dev shares how ENS plays a role in decentralized social media
Makoto Inoue highlighted that Web3 socials are not limited to online platforms but can also be applied offline, keeping records of people’s meetings on the blockchain.As decentralized social media is o...
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Binance vs. SEC: Crypto industry debates ‘Tai Chi’ vs. ‘Operation Chokepoint 2.0’
The SEC lawsuit comes just months after the CFTC lawsuit against Binance, mounting its regulatory woes in the United States.The United States Securities and Exchange Commission (SEC) has ...
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AI could threaten humanity in 2 years, warns UK AI task force adviser
The U.K. prime minister’s AI task force adviser said large AI models would need regulation and control in the next two years to curb major existential risks.The artificial intelligence (AI) task force ...
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