Fed Chair Powell Labels Bitcoin as Asset Class, Citing’ Staying Power
Michael ScottThe Federal Reserve chair Jerome Powell affirmed that payment stablecoins are money forms though emphasized that the central bank is…
IMF Retracts on Bitcoin Bans, Considers Them Ineffective
The International Monetary Fund (IMF) is disassociating from the initial stance advocating for countries to consider imposing crypto bans. The…
Mercedes-Benz Integrates ChatGPT to Reinforce Voice Commands
The luxury German auto manufacturer is integrating the Microsoft-backed ChatGPT chatbot into its units. The automobile maker targets OpenAI's chatbot…
Binance Exiting Netherlands Following Unsuccessful Attempt for VASP License
Binance suffered a major blow in its quest for an expanded European footprint. The largest crypto exchange by transaction volume…
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Crypto Lending Protocol Delio Suspends Withdrawals, Cites Market Volatility
South Korean saving and lending protocol Delio announced the temporary suspension of withdrawals. Delio's announcement comes days after rival platform…
Gemini’s Winklevoss Warn Democrats’ Aggression on Crypto Eroding 2024 Votes
In a June 10 tweet, Cameron Winklevoss warned that President Joe Biden and fellow Democratic politicians will lose the young…
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Ava Labs CEO Dismisses Allegation that Tokenization Created to Evade Compliance
Ava Labs chief executive Emin Gün Sirer defended blockchain technologies as he testifies before the House Financial Services Committee. The…
KPMG Reports Executives Admitting Generative AI’s Impact on Businesses is Inevitable
A KPMG study reveals the optimism among corporate executives concerning the generative AI benefits. However, its implementation will take time.…
Binance.US Suspends Dollar Deposits, Cites Recent Crackdown by Regulators
On Thursday, Binance, a crypto exchange company, revealed its intentions to suspend the United States dollar. It also claimed that…
FTX to Leverage Artificial Intelligence Boom and Sell Shares in Anthropic
FTX admitted to considering disposing of its $500M stake in OpenAI rival firm Anthropic, cashing in on the prevailing artificial…
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On-chain Analyst ZachXBT Links Atomic Wallet’s Hack with $35M Loss
Atomic Wallet update reassures the users' community that in-house security personnel seeks to establish the attack's reason and extent. Various…
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Argus Labs’ Nets $10M Seed Funding for Ethereum Gaming Network
Argus Labs' recent statement confirms the closure of its seed funding round led by Haun Ventures. The firm had informed…
Anti-Mining Bill Death Guarantees Continuity for Texas Miners to Rake Energy Credits
The sudden death of Senate Bill 1751 offers a breather for bitcoin miners in Texas as they retain the lucrative…
UAE Set for Strict Compliance with Anti-money Laundering Laws from Digital Assets
The United Arab Emirates (UAE) targets regulators to enforce the verification of clients' identities as mandatory for all accredited financial…