Google I/O: Tech giant slings raft of new AI tools — So what’s coming?
Google unveiled a slew of AI features at its latest I/O conference, with new, improved AI models to be integrated across all of its major products.
Posts published on May 10, 2023 go to media archive 1/4
Circle reportedly adjusts USDC reserves to avoid US default risk
The world’s second-largest stablecoin issuer wants to reduce its exposure to potential US debt defaults.
A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen
The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues…
Snapchat influencer turns simps into cash using an AI doppelganger
With CarynAI, Caryn Marjorie has launched something seemingly straight out of a science fiction movie.
Ethereum Price See “Liftoff” if It’s Able to Hold One Crucial Level
Ethereum price is struggling to clear the $1,850 and $1,880 resistance levels against the US Dollar. ETH could start a decent increase unless there is a close below $1,800. Ethereum is currently moving lower from the $1,880 resistance zone. The…
Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange
An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community.
Is It Time To Buy Shiba Inu? Investors Take Notice Of Lowest SHIB Price In Months
Shiba Inu (SHIB) coins have been creating a buzz in the cryptocurrency market, particularly with the recent surge in popularity of meme coins. However, the popular meme-inspired token has experienced a downtrend in its price recently, leaving…
BRICS Leaders Set to Discuss Common Currency to Challenge US Dollar Dominance in Upcoming Summit
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noting that a growing number of countries are…
Bitcoin Price Turns Sell On Rallies As Bulls Struggle To Clear Hurdles
Bitcoin price is struggling to clear the $28,200 resistance. BTC is again moving lower and might decline toward the $27,000 support zone. Bitcoin attempted an upside break above $28,200 but failed. The price is trading below $28,000 and the 100…
To catch a scammer: Kraken builds fake crypto account to ‘bait’ fraudsters
A call-center scammer impersonating President Joe Biden attempted to steal what they thought was $450,000 worth of Bitcoin from a streamer — instead, chaos ensued.
Investment Analyst Warns Successful BRICS Currency Could Hurt US Living Standards
Investment analyst Jon Wolfenbarger has warned that a successful BRICS currency could hurt U.S. living standards and “lead to less power for the U.S. government, similar to the weakening of the UK after World War II.” He stressed: “Due to the…
Pepe’s market cap sinks $1B in 5 days, some whales are still buying
Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap.
First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee.
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous…
Robinhood's Q1 crypto revenue drops 30% from the previous year
The money coming in for the trading app's crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022.
Binance, Coinbase Bitcoin Reserves Fast-Dropping, Is This Bullish?
According to CryptoQuant’s data on May 10, Bitcoin reserves in centralized exchanges such as Binance and Coinbase experienced a significant decline in Q4 2022. The reserves remained stable in April despite the prices soaring from $20,000 to…
3 takeaways from the European Union's MiCA regulations
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry.
Marathon Digital Selects Abu Dhabi For Immersion Crypto Mining Expansion
Marathon Digital Holdings Inc, a crypto mining company, recently announced its partnership with digital assets firm Zero Two. This announcement marks a major milestone in Marathon Digital’s plan for global expansion. The creation of the…
Kenya partners with Abu Dhabi's Venom Foundation to build blockchain, Web3 hub
The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount…
S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics
The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling.
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation.
Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen
The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.
Arbitrum (ARB) Surges Nearly 10% In The Past 24 Hours, Here’s Why
Arbitrum (ARB), one of the recently launched Ethereum-based Layer 2 scaling solutions, has seen a surge in its price by almost 10% in the past 24 hours. The surge comes when the global crypto market seems to be in an upward trend. However, the…
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
AI experts from IBM, NYU and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for Artificial Intelligence.”
Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis
Aragon's governance crisis began to subside Wednesday after the DAO builder's cofounder proposed buybacks, seemingly siding with a key talking point of activist investors.
Crypto Derivatives Market Share Hits All-Time High
Binance continues to be the dominant crypto derivatives trading platform.
Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.
Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI)
PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and has also revealed plans to bring other promising…
IRS claiming $44B from FTX bankruptcy: Report
The single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.