Industry
Uniswap Scam Alert: Scammers Impersonate Executives and Create Fake Websites
Hayden Adams, creator of the Uniswap protocol and CEO of Uniswap Labs, recently took to Twitter to express surprise at scams involving individuals creating fake Uniswap websites.Seth RowdenNet Bitcoin ATM Growth Sees Growth After 4 Months of Global Downtrend
Breaking Year-Long Global Bitcoin Downtrend and crypto ATMs, which recorded sharp growth in May, with nearly 1,400 net installations.Herman HayesEvertas Expands Cryptocurrency Insurance Products to Cover Mining and Increase Limits
Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its underwriting portfolio.Herman HayesCentral Bank of Kenya says CBDC 'may not be a compelling priority'
The Central Bank of Kenya has received comments on a discussion paper on the possible issuance of digital shillings, but has yet to reach a firm conclusion.Herman HayesTaurus Deploys Asset Tokenization and Custody on the Polygon Blockchain
Digital asset infrastructure provider Taurus is boosting its tokenization efforts in Europe with a full integration with the Polygon blockchain, the company announced on June 2.Seth RowdenPrivacy ID Verification Wins Binance Web3 Reality Show
Cryptocurrency exchange Binance has announced the winner of its metaverse-based Web3 reality show "Build the Block." As part of the show, startups competed against each other to win investment from Binance Labs.Seth RowdenOpenAI Receives Warning From Japanese Regulators About Data Collection
Japanese officials have begun to tighten their stance on artificial intelligence (AI) after the country's local privacy watchdog warned ChatGPT's parent company over its data collection methods.Herman HayesCrypto markets 'boring' as institutional buying slows - Novogratz
Galaxy Digital CEO Mike Novogratz has described the broader cryptocurrency market as “slack” or lack of enthusiasm largely due to institutional investors shying away from cryptocurrencies.Herman HayesUniswap DAO rejects plan to charge LP fees; UNI holders mention tax concerns
A proposal to enable protocol fees for the Uniswap decentralized exchange failed on June 1, potentially allowing liquidity providers (LPs) to continue earning all of their revenue from swaps, according to the proposal's official webpage.Seth RowdenMysten Labs' Sui network partners with F1 Red Bull Racing
The Sui network, backed by Mysten Labs, announced a multi-year partnership with the Red Bull Formula 1 racing team less than a month after its blockchain mainnet went live.Seth RowdenWhat will Binance Australia's services look like after banking is removed?
Binance users in Australia now have fewer options for buying cryptocurrencies amid the continued debanking of the global crypto business. As of 5:00pm local time on June 1, Australia has stopped sending fiat money in and out of Australia via bank transfers. Trading suspensions include the Australian dollar (AU$) currency pair.Herman HayesHong Kong-Based First Digital Group Launches Redeemable USD-Backed Stablecoin
Hong Kong-based qualified custodian and trust company First Digital Group announced the launch of its First Digital USD (FDUSD) US dollar-pegged stablecoin on June 1.Herman HayesItalian senator angers parliament with AI-generated speech
An Italian senator spoke before members of the Italian Parliament unbeknownst to them and his speech consisted entirely of artificial intelligence (AI).Seth RowdenHere's how OpenAI plans to weed out ChatGPT's disinformation
On May 31, OpenAI announced an effort to enhance ChatGPT's mathematical problem-solving abilities, with the aim of reducing instances of artificial intelligence (AI) hallucinations. OpenAI emphasizes that alleviating hallucinations is a critical step in developing consistent AI.Herman HayesWinklevoss twins' crypto exchange Gemini seeks UAE crypto license
Winklevoss-owned cryptocurrency exchange Gemini has announced that it has started acquiring crypto services licenses for clients in the United Arab Emirates (UAE).Herman HayesMissing 'Bitcoin Millionaire' and ONFO Coin Co-Creator Found Dead
The co-founder of recommendation-based cryptocurrency project ONFO coin has been found dead with apparent gunshot wounds about a week after he disappeared, although police are not currently suspecting murder.Herman HayesGate.io Denies Liquidity Issues After Multichain CEO Disappears
On May 31, centralized cryptocurrency exchange Gate.io denied rumors of illiquidity, saying “there are no rumored issues with our operations or withdrawals.”Seth RowdenMulti-chain team unable to find CEO, stops servicing affected chains
Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO Zhaojun, sparking rumors that the protocol's leadership may be arrested in China over ongoing technical issues.Herman HayesTether Expands Presence in Georgia by Investing in CityPay.io
Stablecoin issuer Tether announced on May 31 that it is expanding its operations in the Republic of Georgia with a strategic investment in CityPay.io, a payments processor operating in more than 600 locations in the country.Seth RowdenBinance Plans New Round of Layoffs Amid Heightened Regulatory Scrutiny
Cryptocurrency exchange Binance is on the verge of layoffs, with the company reportedly planning to cut 20% of its workforce in June. The layoffs come after the company said earlier this year that it would not cut jobs.Herman Hayes
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