Industry
Dapper Labs Faces Third Round of Layoffs Amid NFT Downturn
Dapper Labs, the creator of non-fungible tokens (NFTs) and technology firm, has announced its third round of layoffs in less than a year.Herman HayesAI Empowers Traders with Intuitive Strategies, Exchange Reveals
Cryptocurrency exchange Bitget recently introduced an artificial intelligence (AI)-powered feature for its grid trading strategy, enabling users to automate their trading using trading algorithms.Herman HayesCrypto Resilience Amid Turmoil: PwC Hedge Fund Survey Reveals Viable Future
PWC Recently Releases Fifth Annual Global Global Crypto Hedge Fund Report, Providing Insights Into the Crypto-Native Hedge Fund Industry B.Seth RowdenElon Musk's New AI Venture Explores the Universe's Secrets
Elon Musk, the well-known American business tycoon, has launched a new company named 'xAI' with a mission to unravel the mysteries of the universe.Seth RowdenBlockchain Association Urges SEC Investigation into Prometheum's 'Sweetheart' Deal
The Blockchain Association, a US-based cryptocurrency advocacy group, has submitted a letter to the US Securities and Exchange Commission's (SEC)Seth RowdenCryptocurrency Scams Decline by 77%: Resurgence of Exploits Raises Concerns
According to a recent report from blockchain intelligence firm Chainalysis, cryptocurrency scams have significantly decreased by 77% in the first half of 2023,Seth RowdenEBA Urges Early Adoption of Stablecoin Standards in Europe
EU banking regulators are taking steps to regulate stablecoin issuers ahead of expected regulations next year.Seth RowdenLawsuit Targets Google's New AI Data Scraping Privacy Policy
Google is facing a class action lawsuit filed by eight individuals who claim that the tech giant misused vast amounts of data,Seth RowdenCelsius Pursues $150M Lawsuit Against StakeHound for Asset Recovery
Cryptocurrency lender Celsius Network has taken legal action against liquid staking platform StakeHoundSeth RowdenLBRY Judge's Ruling on Ripple: Impact on Secondary Cryptocurrency Sales as Securities
Ripple may be cautiously awaiting the outcome of a recent ruling by Judge Paul Barbadoro of the US District Court for the District of New Hampshire,Seth RowdenEuropean Commission's Web 4.0 Strategy: Paving the Way for Metaverse Leadership
According to the European Commission, the adoption of extended reality (XR) technologies, encompassing virtual reality, augmented realityHerman HayesCboe Resubmits 5 Bitcoin ETFs in Coinbase Regulatory Pursuit
Cboe Global Markets, an exchange operator, has made amendments to five spot bitcoin exchange-traded fund (ETF) applications to include a supervisory sharing agreement (SSA) with CoinbaseHerman HayesSenate Finance Committee Engages Digital Asset Community in Tax Inquiry
On July 11, US Senate Financial Services Committee Chairman Ron Wyden and ranking member Mike Crapo issued an open letter to the digital asset community,Herman HayesUK Treasury Excludes Derivatives and 'Unbacked' Tokens from Regulatory Sandbox
The UK Treasury has put forward a proposal to exclude unbacked crypto assets and derivatives from the digital securities sandbox program.Herman HayesVirtual Universes Must Comply with UK Online Safety Bill, Lawmakers Urge
Members of the House of Lords in the UK have argued that legislation aimed at regulating internet services should also cover activity in virtual universes.Herman HayesCircle CEO's Warning to Congress: Dollar's Doomsday Looms
Circle CEO Jeremy Allaire has issued a warning that the US dollar's position as the global reserve currency could be at risk if stablecoins are not promptly regulated by Congress.Seth RowdenXRP Ruling: A Watershed Moment, But Caution Persists, Says Lawyer
The recent victory of Ripple Labs over US securities regulators has been seen as a setback for the regulators' "cryptocurrency wars."Herman HayesUS Rep. Torres Urges SEC Investigation into Prometheum Deal
The US Securities and Exchange Commission (SEC) is facing a potential investigation regarding its approach to digital assets and its alleged "sweet deal" with crypto platform Prometheum.Herman HayesCelsius Content with $4.7B FTC Fine Settlement: Positive Resolution Reached
Celsius Network, the bankrupt cryptocurrency lender, expressed satisfaction with the resolution reached with various US government agencies following the announcementSeth RowdenMulti-chain Triumph: Andre Cronje Hails Success Amid Fantom TVL Slump
The collapse of multichain. Ama Data, Fantom's Total Value Locked (TVL) Plummeted from Over Over $ 364 Million in Early May to Around $ 70 Million on July 14.Seth Rowden
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- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
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