OpenAI, Led by Sam Altman, in Discussions for a Strategic Partnership with Worldcoin
OpenAI, a trailblazer in artificial intelligence, and Worldcoin, a pioneering cryptocurrency-based universal basic income and identity verification initiative, are reportedly exploring a partnership. Both ventures are co-founded by Sam Altman,…
‘Airbus of the Metaverse’: Europe’s Path to Leadership in Emerging Web4 Market
In a recent influential report, LSE Consulting, a subsidiary within the esteemed London School of Economics and Political Science (LSE), delineated a strategic roadmap for Europe to assert leadership in…
Io.net Takes Swift Action in Response to GPU Metadata Cyberattack
Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…
DOJ Refutes Tornado Cash Co-Founder’s Dismissal Request Over Charges
The United States Department of Justice (DOJ) has recently opposed a motion to dismiss the charges against Roman Storm, co-founder of Tornado Cash, reinforcing its stance that the matter involves…
Exploring the European Union’s New Regulatory Landscape for Cryptocurrencies
In a significant move to combat money laundering, the European Parliament has approved a set of rigorous regulations targeting cryptocurrency companies. These regulations aim to fortify the European Union’s defenses…
Visa’s New Dashboard Offers Refined Stablecoin Analytics by Filtering Out Extraneous Data
Visa has introduced a groundbreaking Online Analytics Dashboard aimed at demystifying stablecoin data by offering streamlined, comprehensible insights. This initiative underscores Visa’s commitment to enhancing the transparency and accessibility of…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…
Debate Erupts Over Google Cloud’s New Web3 Portal in Crypto Community
Google Cloud recently unveiled a new Web3 portal designed to provide blockchain developers with extensive resources, including data sets and comprehensive tutorials on creating nonfungible tokens (NFTs). However, the launch…
Biden’s Proposed 44.6% Capital Gains Tax Unlikely to Impact Most Crypto Investors
President Joe Biden‘s proposal to elevate the capital gains tax to a historic high of 44.6% for high earners has stirred significant debate. However, for the vast majority of cryptocurrency…
BlackRock’s iShares Bitcoin Trust Records First Zero Inflow Day
The U.S. Bitcoin ETF market, since its inception with the launch of BlackRock’s iShares Bitcoin Trust (IBIT) on January 11, has experienced remarkable investor engagement. However, recent trends suggest a…
Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement
Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…
ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security
ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…
Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum
The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…
Navigating the Future: U.S. Stablecoin Legislation and Its Impact on Banks and Global Issuers
The introduction of the Payment Stablecoin Act to the United States Senate represents a significant legislative effort aimed at regulating the stablecoin market. This move has the potential to reshape…
39% of Canadian Institutional Investors Now Hold Crypto Assets, Reports KPMG
In recent years, the cryptocurrency market has matured significantly, attracting not only retail investors but also substantial interest from institutional players. According to a recent survey by KPMG, there has…
U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud
The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…
Hong Kong Set to Begin Trading of Officially Approved Bitcoin and Ether ETFs on April 30
Hong Kong is set to mark a significant milestone in its financial market on April 30, with the launch of its first spot Bitcoin and Ether exchange-traded funds (ETFs). This…
Australia Surpasses 1,000 Bitcoin ATM Milestone, Aligns with US and Canada
Australia has recently marked a significant achievement in the global cryptocurrency landscape by surpassing 1,000 active Bitcoin ATMs, joining the United States and Canada as one of the leading nations…
CBN Clarifies No Directive Issued for Freezing Crypto-Linked Accounts
The Central Bank of Nigeria (CBN) recently found itself at the center of controversy due to a misreported directive that allegedly required all Nigerian banks and financial institutions to freeze…
U.S. Prosecutors Recommend 36-Month Jail Term for Binance Founder Changpeng Zhao
In a significant development within the cryptocurrency legal landscape, U.S. prosecutors have recommended a 36-month prison sentence for Binance founder Changpeng “CZ” Zhao. This recommendation was detailed in a court…