Digital Currency Group’s imminent $630 million default could speed up the black swan event that former Coinbase CTO Balaji Srinivasan predicted. DCG could be the latest victim of a snowballing banking...
News
Crypto Lawyer Believes XRP Delisting May Counter Coinbase’s Defense
Coinbase could have an upper hand if it did not delist XRP, the native token of Ripple, says crypto lawyer. The SEC sent a Wells notice to Coinbase last month, to which the former had replied publicly...
Nigeria’s SEC Mulls Over Asset-Backed Tokens but Not Crypto
Nigeria’s securities regulator is considering granting exchanges that deal in asset-backed licenses to operate. The SEC, however, has no intention of allowing crypto trading. Bloomberg reports that Ni...
Scientists in Texas developed a GPT-like AI system that reads minds
Researchers at the University of Texas at Austin have developed an artificial intelligence (AI) system capable of interpreting and reconstructing human thoughts. The scientists recently published a p...
Law Decoded, April 24–May 1
Legislators in the European Union have pushed forward with a draft of a new bill designed to keep artificial intelligence technology in check. According to the bill, the high-risk tools will not be ba...
First Republic Closure Contradicts Anti-crypto Narrative
A fourth major US bank failed Thursday, and regulators are going to have a hard time passing this one off as a crypto problem. Long-troubled First Republic Bank officially collapsed Monday when ...
Sotheby’s Launches On-Chain NFT Marketplace for Secondary Art Sales
Storied auction house Sotheby’s took its years-long embrace of Web3 a step further on Monday, launching a portal on its Sotheby’s Metaverse platform where secondary NFT artwork sales are conducted pee...
Binance [BNB] registers an uptick in this metric; will the token’s price follow suit
BNB Chain’s revenue went down marginally over the last few days. The token’s price, on the other hand, increased by more than 3%. BNB Chain [BNB] posted its weekly Twitter update on 30 April, which ...
In Draft Flier Kayshon Boutte, The New England Patriots Hope To Find ‘All The Potential In The World’
In the sixth round of the 2023 NFL draft, the New England Patriots selected former LSU wide receiver … [+] Kayshon Boutte at No. 187 overall. (AP Photo/Tyler Kaufman) Copyright 2022 The Associat...
Bitcoin Falters As President Biden Admits US Banking Sector Is Weak
U.S. President Joe Biden, speaking at the National Small Business Week on May 1, has admitted that the United States banking system is fragile. In a recent statement, the Head of State revealed that t...
Arkansas Judge Orders President’s Son To Answer Questions About Finances
Topline Hunter Biden must answer questions about his finances, including his art sales and investments, as part of a child support dispute with the mother of his 4-year-old daughter, an Arkansas judge...
‘Godfather of AI’ Leaves Google to Save Us From AI
Geoffrey Hinton, an artificial intelligence pioneer known as one of the “godfathers of AI” resigned from his position at Google so that he could openly express his concerns about how A.I. ...
Donald Trump Agrees To Appear At CNN Town Hall In New Hampshire
MILWAUKEE, WI – MARCH 29: Republican Presidential candidate Donald Trump takes part in a town hall … [+] event moderated by Anderson Cooper March 29, 2016 in Milwaukee, Wisconsin. Candidat...
Gemini and DCG Agree on Mediation Process to Create “Final Resolution” for Creditors
Gemini Earn – the Winklevoss-owned crypto exchange’s digital asset lending arm – announced on Sunday that it had agreed with Barry Silbert’s Digital Currency Group (DCG) on a mediation process to brin...
Roku stock continues to be one of Cathie Wood’s favourites
Cathie Wood has doubled down on her exposure to Roku Inc (NASDAQ: ROKU) after the streaming-media company reported strong results for its fiscal first quarter this week. How many shares of Roku did sh...
Bushi Puts a Samurai Twist on Overwatch’s Hero Combat
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Looking for an NFT-enabled game with an Overwatch-like hero shooter vibe? Bushi from Web3 studio Onenet may fit the bill: it’s a f...
Double spending problem, and how it is solved by Bitcoin
What is Double Spending There are two ways to complete any transaction, either online or offline. When you make use of physical currency say coins or paper notes, it is called offline transaction or p...
Bitcoin Erases April Gains After Slumping More Than 5% in a Day
Bitcoin on Monday slumped by 5.2%, erasing gains it had made in April when it rocketed above $30,000. The biggest cryptocurrency by market cap was trading hands for $28,275 as of 1.30 p.m. ET, accordi...
FDIC Suggests Scrapping $250,000 Bank Account Insurance Limit—But Just For Businesses
Topline The federal agency tasked with insuring Americans’ bank accounts recommended raising its $250,000 insurance threshold in “targeted” circumstances Monday, including for business accounts, sugge...
LUNA Price Prediction – LUNA Drops by 0.79%. Are we Looking into a Bullish Comeback
Join Our Telegram channel to stay up to date on breaking news coverage The price of Terra (LUNA) has declined 0.79% in the last 24 hours and a decline of -0.26% in the past 7 days. Terra (LUNA) Price...
FAA Sued Over SpaceX Starship Explosion
Topline A group of environmental and cultural heritage organizations sued the Federal Aviation Administration on Monday, alleging its approval of billionaire Elon Musk’s SpaceX Starship launch program...
You Can Now Use Your JPEGs to Borrow Ethereum on NFT Marketplace Blur
The NFT-backed loan market is gaining steam, with total loan value to date recently topping $1 billion across various protocols—and now the current largest Ethereum NFT marketplace by trading volume i...
Wolfsburg Reach Women’s Champions League Final In Front Of Record Attendance
Wolfsburg’s German forward Pauline Bremer (L) and Wolfsburg’s German forward Jule Brand react after … [+] missing a chance during the UEFA Women’s Champions League semi-final s...
Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default – Bitcoin News
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the presi...
Can The ‘Math Game’ Help The Denver Nuggets Beat The Phoenix Suns?
The Phoenix Suns, featuring midrange sharpshooters Kevin Durant and Devin Booker, are taking the … [+] smallest share of both three-pointers and shots at the rim among all NBA playoff teams, cre...
Poloniex will pay $7.6M settlement to US authorities for ‘apparent violations’ of sanctions
The United States Treasury Department’s Office of Foreign Asset Control announced cryptocurrency exchange Poloniex has agreed to a $7.6-million settlement related to more than 65,000 apparent violatio...
Bittrex Global CEO criticizes SEC’s lack of communication on enforcement actions
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Oliver Linch, CEO of Bittrex Global, expresses frustration with the SEC, citing the absence of any communication betwee...
Justin Sun Calls $56M Token Transfer to Binance an ‘Oversight’, Requests Full Refund
Founder of Tron Justin Sun has apologized to Binance CEO Changpeng “CZ” Zhao after the latter warned followers that Sun could use Binance’s Launchpool platform to farm giant amounts ...
Billionare Ray Dalio Predicts US Government Will Turn Money Printers Back On To Fund National Deficit
Billionaire investor Ray Dalio believes that the US government will turn the money printers back on to save the country from defaulting on its massive debt. In a recent interview with YouTuber Chris W...
Why The Parabolic Pepe Coin Could Flatten By 80%
Pepe coin, the meme cryptocurrency based on the popular internet meme, has become the newest sensation across crypto. Although it has made early buyers extremely happy – and extremely wealthy – it cou...
Prosecutors say former OpenSea exec made free money from NFTs – Cryptopolitan
In a groundbreaking insider trading case centered around non-fungible tokens (NFTs), a former product manager at OpenSea, Nathaniel Chastain, faces charges of wire fraud and money laundering. Chastain...
MicroStrategy Announces First Quarter 2023 Financial Results
TYSONS CORNER, Va.–(BUSINESS WIRE)–MicroStrategy® Incorporated (Nasdaq: MSTR) (“MicroStrategy” or the “Company”), the largest independent publicly-traded business intelligence company, today announced...