Finserv giant JPMorgan Chase filed a trademark application for IndexGPT, marking its entry into the race to build a generative AI tool for business purposes. The trademark application was filed with t...
Category: Tech
Live Tech News Updates.
Gemini Fights Against SEC In Lawsuit Against Exchange
Key Points: Gemini asked that the SEC’s action be dismissed. The exchange, founded by brothers Tyler and Cameron Winklevoss, has requested a US court to dismiss an SEC case alleging improper securitie...
BNB Chain’s latest projects could mean this for BNB and its traders
BNB Chain launched multiple new projects in several spaces, such as DeFi, GameFi, etc The blockchain’s daily active addresses were only second to Tron’s, but the future can be different BNB Chain [B...
JPMorgan Unveils a Newer AI-Powered Investment Advisor
JPMorgan’s IndexGPT aims to reshape investment advice through AI. AI-powered advisory could render traditional financial advisory obsolete. In a significant move forward for artificial intelligence (A...
Cleveland Fed President Plans To Keep Raising Interest Rates Amid Inflation Surge
Key Points: Consumer spending has risen sharply, accelerating inflation, which adds complexity to the Federal Reserve’s decision to raise interest rates. Cleveland Fed President Mester aims to continu...
Recent Updates on Polygon (MATIC) Over a Slight Increase in Price
Leading ticket provider Platinum Group introduces NFT tickets for the Monaco Grand Prix. NFT tickets provide enhanced access, post-race experiences, and future discounts. The partnership between Pla...
MakerDAO Proposes Increasing DAI Savings Rate To 3.33%
Key Points: The MakerDAO core development team proposed increasing DAI’s savings rate to 3.33%. If accepted, the proposal would constitute a significant increase from the current rate of just 0,6%. Ma...
Ripple-SEC case could close in July while XRP investors will…
Like Ripple’s CEO, a legal analyst predicted that a decision was imminent. XRP’s hype has diminished. The ongoing legal battle between Ripple [XRP] and the U.S. Securities and Exchange Commission (SEC...
Billion-Dollar Bank Demands Customers Prove Withdrawals Are Valid, Warns Cash Can Be Refused At Will
A UK-centered bank with $28 billion in assets under management is demanding customers explain why they are withdrawing cash. NatWest bank says if the answer is not satisfactory, it will force customer...
Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product
Gemini and Genesis have asked a judge to dismiss an SEC lawsuit concerning its Earn product, according to developments on May 26. Genesis says Earn wasn’t a security Jack Baughman, a lawyer for Gemini...
Gemini Will Base European Operations in Dublin, Ireland
The regulatory tension in the United States has caused many large crypto-focused companies to look abroad, and Gemini is no exception. The firm led by the Winklevoss twins has managed to secure a lice...
Cardano’s stats are well and good, but what about ADA?
Whales actively traded ADA as its whale transaction count increased. Market indicators were bearish, but a few metrics were positive for ADA. Cardano’s [ADA] DEX volume spiked considerably last week, ...
Cronos Labs launches second cohort of $100M Web3 accelerator
Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to suppo...
The Sandbox CEO’s Twitter was hacked, used to promote alleged ‘airdrop’ scam
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the ...
ECB sums up digital euro prototyping exercise as it nears possible pilot launch
The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digi...
Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close
Litecoin (LTC) is still trending low like the rest of the cryptocurrency market but one thing that separates the altcoin from the others is its obvious bullish case. Unlike the rest of the market, Lit...
A week filled with exploits and uncertainty for DeFi: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. After a bull...
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
Elon Musk’s brain-computer interface (BCI) startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for its ...
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for financial services. The 17-page p...
From memes to multibillion-dollar pumps, scams and rug pulls
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a critique of the wild crypto market at the time. Do...
Shibarium Beta Sets Another Significant Milestone
30 seconds ago | 2 mins read Altcoin News Shibarium beta processes more than 300,000 transactions per day. Shibarium beta has emerged as one of the most prominent contenders. Shiba Inu (SHIB)’s layer-...
Tron [TRX] sustains bullish momentum – Can it reach $0.09?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Tron sustained bullish momentum with 8.5% gains. ...
Chinese city releases policy draft for metaverse industry development
On May 24, the Chinese city of Zhengzhou announced a series of policy proposals to support metaverse companies operating in the region. As part of the initiatives, the municipal government will establ...
OpenAI launches grant for AI democratic governance project
OpenAI, the parent company of the artificial intelligence chatbot ChatGPT, has launched an initiative to bring more democratic input to AI development. In the official announcement on May 25, the com...
Visa, Microsoft and others join Brazilian CBDC pilot
Both national and global companies will participate in the upcoming Brazilian central bank digital currency (CBDC) pilot project. Banco Central do Brasil, the country’s central bank, will begin adding...
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
Brad Smith, the president of Big Tech firm Microsoft, has called on governments to “move faster” and corporations “step up” amid a massive acceleration in artificial intelligence development. Speaking...
Will SHIB Create an Outstanding Revolution in Upcoming Q3?
SHIB Burn introduces an affiliate program for token earnings. Web3 advertising system empowers users in the SHIB ecosystem. SHIB burn rate soars, signaling increased community engagement. SHIB Burn, t...
Millennium Solutions Steers Clients Through Economic Uncertainty
MENLO PARK, Calif. & ATLANTA–(BUSINESS WIRE)–As the US and countries around the globe face a very challenging macroeconomic environment, most Venture Capitalists have put the brakes on technology ...
Digital Currency Group to shutter institutional trading unit TradeBlock
Venture capital conglomerate Digital Currency Group (DCG) is closing its prime brokerage subsidiary TradeBlock, citing the state of the broader economy and an uncertain regulatory environment for cryp...
Cardano DeFi Boom Results in More Than 2 Million Transactions in Less Than a Month
Alex Dovbnya In the rapidly growing decentralized finance (DeFi) sector, Cardano has emerged as a key player, recording a staggering 2 million transactions in May Cardano, a major player in the crypto...
Breaking News: Avalanche Emerges as DeFi Powerhouse with Soaring TVL
Avalanche’s platform growth indicates a surge in DeFi adoption. AvaCloud’s launch accelerates business-friendly, code-free blockchain development. Avalanche, a swiftly burgeoning blockchain protocol, ...
Fracton Protocol Introduces hiBAKC, Another hiNFT token on KuCoin
Vladislav Sopov With new instrument for investment in fractionalized NFTs, enthusiasts of Bored Ape Kennel Club (BAKC) NFTs have their investment experience streamlined Contents hiBAKC by Fracton Prot...