Posts published on May 18, 2023 go to media archive 3/4
How can legal chatbots enhance access to justice?
Legal chatbots can enhance access to justice by providing affordable and easy-to-access legal assistance to those who cannot afford traditional legal services.
Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm
Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
Financial advisors looking for clarity on crypto and digital assets from the SEC’s proposed changes to Custody Rule 206(4)-2 won’t get everything they want.
Ripple CTO Addresses Controversy Surrounding BitBoy’s BEN Token Sell-Off
The crypto space is bubbling with many comments and reactions about the sale of BEN tokens by the famous crypto influencer Ben Armstrong, also known as BitBoy. One of the notable reactions came from the Ripple Labs CTO, David Schwartz, who…
NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?
When looking at the health of the NFT market, it's important to consider multiple metrics that provide insight into trader behavior shifts.
Congressional crypto hearing illustrates political stalemate on digital assets
The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.
Is ChatGPT king? How top free AI chatbots fared during field testing
Competition is heating up with several new AI chatbots flooding the market, and if you don’t want to pay a monthly subscription, OpenAI may not be the best choice.
Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset…
Ethereum Whale Resurfaces After 2-Year Hiatus, Stakes $7.4 Million In ETH
Ethereum (ETH) recently witnessed a remarkable event that sent ripples of excitement through the crypto community. An Ethereum whale emerged from a prolonged slumber, making a substantial return to the scene after remaining inactive for more than…
Toncoin (TON) Price Plummets As Bears Overpower Bulls In Market Downturn
Toncoin is trading in the red today, losing some of its price gains in the past week. Its 24-hour trading volume is down over 3% at press time, indirectly contributing to today’s price slump. TON traded at the $2 price level since January 1…
ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability
The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels.
Attendance at World's Largest Bitcoin Conference Down by Half as 'Crypto Winter' Drags On
Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers.
Italy sets aside millions for workers at risk of AI replacement
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.
Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High
Litecoin has chalked out a double-digit price rally to hit the highest since April 19.
Bitcoin, Ethereum Technical Analysis: BTC Sees Strong Rebound, as Biden Holds Debt Ceiling Talks
Bitcoin rebounded on Thursday, as markets responded to news that U.S. President Joe Biden held positive talks regarding the debt ceiling. Biden reportedly met with Republican House Speaker Kevin McCarthy, in a bid to find an agreement. Ethereum…
‘Moral responsibility’: Can blockchain really improve trust in AI?
Experts are still divided on the real impact blockchain tech can have on solving some fo the problems that ail AI.
Top 10 crypto artist Trevor Jones on being rich, rekt and rich again: NFT Creator
Trevor Jones creates NFTs fit for a King, he sold $4.3 million of NFTs in a day and he’s among the most celebrated crypto artists in the world.
Crypto Regulation In South Korea Under Scrutiny Following Gruesome Murder Case
Crypto regulation is gaining momentum in South Korea as lawmakers seek to impose stricter rules on digital assets in response to a shocking murder case linked to cryptocurrency. In a tragic incident reported by Bloomberg, a Korean woman was…
Leading Lawyer Warns Of Consequences For Ripple In SEC Lawsuit
A partner at Hogan & Hogan, Attorney Jeremy Hogan, has weighed in on talks about the Ripple lawsuit. The pro-XRP lawyer said Ripple would get an unfavorable outcome if Judge Torres moved the Fair Notice Defence (FND) issue to trial. According…
First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling
The latest price moves in bitcoin (BTC) and crypto markets in context for May 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Big Player Buys LADYS, Meme Token Bull Run Incoming?
DWF Labs, a global digital asset market maker and investment firm, is buying more LADYS, on-chain data on May 17 shows. DWF Labs Buying LADYS Trackers indicate that the market maker bought 1.9 trillion LADYS for 108 ETH worth roughly $196,000 at…
Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability
Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to several blockchain protocols.
Bitcoin Lightning Company Lightspark Introduces Lightspark Wallet SDK
Lightspark has announced the launch of the Lightspark Wallet SDK, a tool designed to enable businesses of all sizes the ability to offer their customers a Lightning wallet. According to a press release sent to Bitcoin Magazine, Lightspark aims to…
Coinbase Cloud Joins Chainlink as Node Operator to Bolster Security
Telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press are also Chainlink node operators.
Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund
Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.
Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys
"Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter.
Report: North Korea Affiliated Cybercriminals Stole $721 Milion Worth Crypto Assets From Japan
Between 2017 and 2022, hacking groups affiliated with North Korea are thought to have stolen crypto assets worth $721 million from Japan alone. According to the findings of a study by Elliptic, hackers were primarily focused on Japan and Vietnam…
Metaverse ETF ‘PUNK’ closing after betting against Meta’s vision
Subversive Capital cites losses as it shuts down its “PUNK” ETF and pivots to artificial intelligence.
ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth
The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.