Amazon will reportedly use AI to minimize product-customer distance, highlighting its impact on transportation, product search and inventory.
Texas votes to add crypto to state’s Bill of Rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading.
Terra Luna crash anniversary: Community reflects on the lessons learned
The Terra Luna crash anniversary sparks reflections on the importance of liquidity, transparency and user protection in the crypto industry.
Binance looks to the UK for regulation amid US crypto crackdown
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the U.S.
Ethereum validators earn a record $46M as staking rewards rate surges
Ethereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto.
Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says
Ripple CEO reveals $200 million spent on defending SEC lawsuit as he laments about U.S. crypto regulation and politics-first policy, advising entrepreneurs to avoid starting in the U.S.
Nigeria goes blockchain: Policy could impact digital identity
Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments.
Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations.
Google engineer concerned about open-source AI gaining edge
A leaked document from a senior software engineer sounds the alarm about Google’s artificial intelligence development.
SEC has 10 days to respond to Coinbase complaint: Legal exec
Coinbase’s legal battle for regulatory clarity over the trading of digital crypto assets saw a development as a U.S. court responded to its complaint against the SEC.
Nigerian national blockchain policy gets government approval
Nigeria’s Federal Executive Council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology.
UK government targets fraudsters with new ban on cold calls for crypto
The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number “spoofing.“
Deloitte on a crypto hiring spree, reveals LinkedIn job postings
Deloitte highlights its commitment to Web3 and crypto through its intent to hire cryptocurrency experts to join its team, with over 300 positions posted on LinkedIn.
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.
CFTC proposes reducing anonymity to manage risks
Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity.
Russia becomes second-largest Bitcoin mining hub after US, claims local miner
Russia becomes the second-largest country in cryptocurrency mining, while the United States retains the top spot; however, unclear regulations in the US could shift the market.
Ukraine plans to adopt EU’s new cryptocurrency regulations
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU’s MiCA regulations on crypto assets.
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
Web3 interoperability highlighted in Radix – LayerZero partnership
Web3 interoperability integration between Radix and LayerZero, launching in the second half of 2023, enables cross-chain communication and asset transfers, unlocking omnichain functionality for DApps and assets.