Private equity tokens aim to bring greater liquidity, transparency and accessibility
Despite a few reservations, tokenization stands to streamline the way retail and institutional investors can access the private equity market.
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What does generative AI mean for Web3?
As AI technology evolves with time, we could expect a disruptive future in the Web3 industry.
4 ways to supercharge your GameFi project
With billions of gamers active around the globe, the total addressable market for blockchain gaming projects is massive.
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announces plans to embrace the Lightning Network; which large crypto exchanges are Lightning ready, and which are yet to be struck?
32% of home offices invest in digital assets: Goldman Sachs
While the interest in crypto investments was on the rise last year among the home offices, 2023 saw a massive decline in such investors' certainty about the digital assets market.
How to send and receive payments on the Lightning Network
Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments.
Warren Buffett dumps $13.3B in stocks — A warning sign for Bitcoin and risk-assets?
The "Oracle of Omaha" has increased Berkshire Hathaway's cash holdings by $2 billion in Q1, signaling his decreasing confidence in risk-assets.
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to the SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto.
Spotify reportedly deletes thousands of AI-generated songs
The music streaming platform has removed tens of thousands of AI-generated songs created on the AI music-making platform Boomy.
Bitcoin ordinals hit Binance NFT Marketplace in latest update
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets.
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in just eight days.
‘Unjustly enriched’ — Core Scientific knocks back $4.7M claim from Celsius
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender.
Estonia squeezes out 400 crypto firms after new laws
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans.
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules
Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules.
Concern over banking crisis reaches levels unseen since 2008 — Poll
According to a recent poll from Gallup, nearly half of Americans polled expressed concern about the safety of their money deposited with banks.
FTX founder Sam Bankman-Fried urges court to dismiss charges
Lawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8.
Canada’s central bank asks citizens what they want in a digital dollar
Canadians are being asked what features they wish to see in a digital Canadian dollar even though there are no plans yet to issue one.
Worth it? Trader spends $120K on gas buying $155K worth of a memecoin
A user spent an additional 76% of their total purchase price in gas fees on a single memecoin trade.
Crypto platform Bittrex files for Chapter 11 bankruptcy following SEC charges
The firm estimated it had more than 100,000 creditors, between $500 million and $1 billion in assets, and between $500 million and $1 billion in liabilities.
MakerDAO launches Spark Protocol, a new DeFi lending solution for DAI users
The initial iteration of the Spark Protocol will function as a lending platform, offering supply and borrow functionalities for cryptocurrencies ETH, stETH, DAI and sDAI.
Paxful restarts marketplace operations for the first time since April
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts.
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
State-sponsored Chinese AI firm launches bot service to ‘surpass’ ChatGPT
Chinese tech company iFlytek recently made waves with the launch of its “Spark Model,” an AI system it says will surpass ChatGPT by the end of the year.
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.
Crypto remains hopeful as market moves sideways: Report
BTC continues to trade in a narrow range, and memecoins steal the limelight from NFTs as views on the macroeconomic outlook diverge.
Cetus DEX's IDO oversubscribed after Sui mainnet launch
According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute.
China issues first arrest over fake news created with ChatGPT: Report
Alleged fake news poster becomes the first person in China arrested for using artificial intelligence platform ChatGPT.
What are liquidity provider (LP) tokens, and how do they work?
Providing liquidity to a pool could be another source of passive income in crypto. Find out here what liquidity provider tokens are and how they work.
Aave V3 launches on Ethereum layer-2 network Metis
Ethereum layer-2 protocols continue to attract the biggest players in the decentralized finance sector, with liquidity protocol Aave deploying on scaling network Metis.
Coinbase execs visit UAE to test potential of 'strategic hub' for international operations
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit.