Industry

MakerDao, A Decentralized Autonomous Organization that runs on the ethereum blockchain and aboutcoin dai, Announded the launch of the space propoc OL, a lending solution for daiins

Peer-to-peer cryptocurrency marketplace Paxful has announced it is back online after suspending operations in April.

A state-subsidized Chinese artificial intelligence (AI) company recently announced the launch of "Spark Model," an AI system designed to compete directly with OpenAI's ChatGPT.

After US-based cryptocurrency exchange Coinbase announced the launch of its global derivatives platform, key executives from the company are meeting with industry leaders and policymakers in the United Arab Emirates.

Ripple Lost $200M Fighting SEC, Says CEO Brad Garlinghouse

Crypto exchange Binance shuts down Bitcoin, Withdrawal on May 7 due to alleged transaction overflow on the Bitcoin network.

The government of Kazakhstan received 3.07 billion tenge (approximately $7 million) in taxes from cryptocurrency mining entities in 2022 after implementing a revised law regulating the financial burden of cryptocurrency mining, according to local media reports.

Cryptocurrency lending platform Celsius reported that some users will be able to withdraw 100% of their original funds more than 300 days after the platform froze withdrawals.

BNP Paribas is teaming up with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, according to the South China Morning Post.

Binance is under investigation by the US Department of Justice (DOJ) national security division for allowing Russians to use the cryptocurrency exchange in violation of US sanctions, according to a Bloomberg report published on May 5.

A suspect identified only as "Hong" was detained by local authorities and arrested in China's Gansu region after allegedly using ChatGPT to generate fake news reports.

FTX founder and former CEO Sam Bankman-Fried (SBF) is seeking to have as many as 10 criminal charges against him dismissed in court, months ahead of a criminal trial scheduled for October.

A proposal by US securities regulators to tighten custody rules for cryptocurrencies has faced opposition from at least two industry supporters, according to recently filed letters.

Nearly 400 Virtual Asset Service Providers (VASPS) in Estonia have voluntarily shut down or revoked their authorizations after the government's recently strengthened Terrorist Financing Prevention and Anti-Money Laundering Act (AML) came into force in March.

Internet payments processor Stripe has launched a fiat-to-crypto onramp to address the "cold start problem" Web3 companies face when customers don't have "cryptocurrency in their wallets to transact."

The Approval of Nigeria's National Blockchain Policy has the country's crypto Community Ecstitute as it Signals More Room for Growth in the Country's Cryp To Industry. A Number of Local Experts Commented on the New Policy and the Implications for the Nigerian Blockchain Ecosystem.

White House to Create International Standards for Distributed Ledger Technology

Liechtenstein PM Daniel Risch Announces Plan to Accept Bitcoin, As payment for government services. As local news reports, the tiny European nation continues to embrace blockchain technology.

Worldcoin, a project that recognizes humans and differentiates them from artificial intelligence, has launched a gas-free crypto wallet for verified humans, according to a May 8 announcement.

Artificial intelligence (AI) continues to pervade every industry around the world. The latest crypto industry adopter is Crypto.com, which announced its new generative AI user assistant.