Coinbase, SEC spar over investment definition in appeal attempt
The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal.
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Investigation finds FTX bankruptcy lawyer didn’t conspire with exchange
An independent probe found that Sullivan & Cromwell was not complicit in the now-defunct exchange’s fraud.
Elon says AI will ‘do everything better than you,’ make employment obsolete
Despite having fathered at least 10 children, Musk also seems to think humans will struggle to find meaning in their lives without employment.
Do Kwon’s extradition to go back to Montenegro High Court after appeal
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges.
Hashing It Out: Navigating the next wave of Web3 with Avail’s Anurag Arjun
On the latest episode of Hashing It Out, Avail’s co-founder explains the need to unify multiple networks in the Web3 space, not just ideologically but through innovation.
Ripple taking ‘cheap shots’ at Tether, says Samson Mow
Ripple CEO Brad Garlinghouse stands accused of spreading fear, uncertainty and doubt about Tether.
Bitcoin RSI copies 2017 bull run as trader says $75K key for BTC price
Bitcoin could be preparing its "main breakout" if RSI traits follow the run-up to old $20,000 highs from late 2017.
UAE agriculture authority prohibits crypto mining on farms: Report
Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722.
EU Council reaches agreement on supercomputer use for AI development
EU Council agrees on regulation to expand EuroHPC’s supercomputing role, adding AI factories to boost Europe’s AI ecosystem and support startups.
Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec
The Ether ETF approval in the U.S. has sparked investor excitement and a decentralization debate.
CatCoin demands BitForex resolve token withdrawals, hints at lawsuit
The CatCoin team urged BitForex to respond to its grievances via a designated email address, marking a last-ditch effort before potentially escalating the matter further.
Can stablecoins save US freelancers from Venmo fee hike? Industry weighs in
According to Dan Romero, as Venmo introduces higher fees, stablecoins could emerge as a potential lifeline for 1099 workers.
Hong Kong crypto exchange folds to regulatory pressure
Gate.HK plans a major overhaul to comply with regulations and aims to relaunch services after obtaining the necessary licenses.
Ether ETF approved, but Gary Gensler didn’t vote for it — Here’s why
Unlike the spot Bitcoin ETF, which was approved via voting by a five-member committee, including SEC chief Gary Gensler, the spot Ether ETF was approved by the Trading and Markets Division of the SEC.
Bitcoin and Ether options worth $2.7 billion set to expire
The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit.
Bitcoin dominance risks breaking 18-month uptrend on Ether ETF launch
Ethereum ETFs may spark a new "altseason," traders suggest, with Bitcoin losing market share after hitting two-year highs.
AI firm Rabbit rejects Coffeezilla’s NFT scam accusation
A Rabbit spokesperson claimed that the Gama team was forthright with the open sourcing of the project and that the allegation was false.
US courts to handle Coinbase Dogecoin sweepstakes disputes
Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.
Binance executive collapses during Nigeria trial for money laundering
Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day.
Crypto icon Kabosu, the Doge meme dog, passes away at 17
Kabosu, the Shiba Inu who became an internet sensation and the face of Dogecoin, passed away peacefully. The crypto community honors her legacy.
SEC wins case against YouTuber Ian Balina for unregistered crypto ICO promo
A U.S. federal judge sided with the SEC, finding that Ian Balina broke securities laws by participating in a 2018 crypto token ICO.
Political correctness in AI systems is the biggest concern: Elon Musk
Some of today’s most prominent artificial intelligence projects are being trained to “basically lie,” according to Musk.
Algorand causes a stir with new ad bashing Bitcoin, Ethereum and Solana
The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they're too slow, too expensive or prone to failure.
SEC’s ETF nod could bring ‘ETH season’ if 3 key indicators hold
Three key indicators suggest the possibility that ETH could surpass its all-time high, according to a crypto trader.
Polymarket gets backlash over ‘approved’ outcome on $13M Ethereum ETF bet
A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it's not over yet.
Man behind AI-generated fake Biden robocalls is indicted
Steven Kramer allegedly used deep fake tech to generate and send thousands of robocalls to New Hampshire residents imitating President Biden’s voice in January.
Ethereum ETFs launch next month ‘certainly possible' — Analyst
The launch date will largely depend on how quickly approved applicants amend their S-1 registration statements and how many rounds of feedback they receive from the SEC.
Ethereum ETF approved so why aren’t we rich yet?
Crypto commentators suggest there could be two reasons why the price of ETH hasn’t rocketed in the wake of spot Ether ETF approvals.
SEC’s ETF decision means ETH and ’a lot’ of other tokens are not securities
That doesn't mean the securities regulator can't still pursue action against actors in the staking domain, industry analysts and lawyers warn.
VanEck drops new Ethereum ETF ad within an hour of SEC approval
VanEck launched a new ad centered around Ethereum, just 30 minutes after the SEC greenlit 19b-4 proposals for spot Ether ETFs.