Industry
Bitfinex Partnership Drives Crypto Adoption in Latin America
Digital asset platform Bitfinex has announced a new partnership with a local Latin American exchange as part of a larger effort to drive wider adoption in the region.Martha GrizzardRipple acquires Pantera's stake in Bitstamp
Blockchain-based digital payment network Ripple has acquired a minority stake in cryptocurrency exchange Bitstamp in the first quarter of 2023.Wayne IngramGate Group Launches New Virtual Asset Trading Platform in Hong Kong
Gate Group, the virtual asset service provider behind cryptocurrency exchange Gate.io, has launched its latest virtual asset trading platform in Hong Kong.Jerry McNeillBinance Helps US Authorities Freeze $4.4 Million Linked to North Korean Cybercrime Organization
Cryptocurrency exchange Binance has revealed that it "assisted US law enforcement" in confiscating $4.4 million worth of crypto assets linked to a North Korean cybercrime group.Sherry CantwellShaquille O'Neal Wears FTX and Astral NFT Suit at NBA Game
Former basketball star Shaquille O'Neal has yet another run-in with the process servers, who have been trying to file a class action lawsuit against him for months over his alleged promotion of FTX.James DeanFahrenheit Wins Bid to Acquire Assets of Crypto Lender Celsius
Cryptocurrency consortium Fahrenheit emerged as the winning bidder to acquire insolvent cryptocurrency lender Celsius Network, court documents show. The acquisition involved Celsius assets, previously valued at approximately $2 billion.Barry StidhamNvidia AI chip value soars amid AI development boom
The race to develop artificial intelligence (AI) continues as manufacturers around the world scramble to acquire the chips that power the technology.Craig GreenBinance Pauses Bridge Token Deposits, Seeks Clarification From Multichain Team
Cryptocurrency exchange Binance suspended deposits for 10 bridge tokens on May 25, after several days of stalled trading sparked uncertainty surrounding the Multichain protocol.Cornell RachelMeta's new Megabyte system solves one of GPT's biggest hurdles
Meta AI recently published preprint research demonstrating a new "megabyte" framework for building generative pre-trained transformer (GPT) systems.Martha GrizzardBitpanda inks licensing deal with Coinbase as part of strategic partnership
Vienna-based cryptocurrency investment firm Bitpanda has entered into a licensing agreement with Coinbase, making Coinbase a liquidity provider for Bitpanda Technology Solutions.Wayne IngramCrypto Firm Gemini Picks Ireland as European Base Amid US Crypto Blues
Cryptocurrency exchange Gemini has chosen Dublin as the headquarters for its European operations as the cryptocurrency firm seeks to expand outside the US.Sherry CantwellEU Regulator Urges Crypto Firms to Disclose Regulatory Status of Products
The European Union's financial watchdog has issued a statement reminding investment firms to ensure their clients understand the regulatory status of the products they offer.Craig GreenUS at risk of losing crypto race to UAE, South Korea, Australia and Switzerland
ARK Invest analyst Yassine Elmandjra has warned that the U.S. risks losing its lead in the cryptocurrency race to countries including the United Arab Emirates, South Korea, Australia and Switzerland.Jerry McNeillOpenAI warns superhuman AI could be here in a decade: 'We've got to get it right'
OpenAI CEO Sam Altman, CTO Greg Brockman, and Chief Scientist Ilya Sutskever recently wrote a blog post detailing OpenAI's position on the development and governance of "superintelligence."Sherry CantwellSouth Korea to Vote on Bill Requiring Lawmakers to Disclose Crypto Assets
South Korean officials recently approved a proposal to amend the country’s Public Service Ethics Act to include virtual assets, including cryptocurrencies.James DeanPhilippine SEC Says Gemini Derivatives Are Unregistered Securities Products
The Philippine Securities and Exchange Commission (PSEC) has posted a notice on its website warning the public not to invest in Gemini's Gemini Derivatives product. The product is available on the Gemini Foundation platform launching in select jurisdictions on May 1.Barry StidhamAmerican university gets $20 million to create new AI institute
A U.S. university has won $20 million in federal funding to create a new artificial intelligence (AI) research institute.Christopher Smith13 Years After First Bitcoin Purchase, Layer 2 Solutions Are Struggle to Gain Traction
Thirteen years after the birth of the world's first bitcoin, The pioneering cryptocurrency network faces a new wave of disruption thanks to Ordinals, a recently launched protocol that allows the addition of digital content, such as art to the Bitcoin blockchainCornell RachelSolana integrates AI into blockchain, raises grant fund to $10M
On May 23, the Solana Foundation, a nonprofit organization dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using the ChatGPT plugin developed by Solana Labs.Wayne IngramNFT marketplace supports cross-chain purchases on multiple networks
A new feature of non-fungible token marketplace NFTrade allows collectors to buy items on one network while paying for them on another. According to a May 23 announcement, the feature was created through an integration with cross-chain messaging protocol Rarimo.Hallie Gill
