Industry
Google's DeepMind reorganization aims for next-gen AI breakthrough
Google and Alphabet CEO Sundar Pichai announced that the two entities within the companies have merged into a new business unit dedicated to developing the next generation of artificial intelligence (AI) breakthroughs and products.Craig GreenGemini to launch derivatives platform outside the US
US-based cryptocurrency exchange Gemini announced on April 21 the imminent launch of its derivatives platform outside of the US The move comes amid a tightened and uncertain regulatory environment for crypto companies in the country.Cornell RachelChina and Singapore partner to scale up green and transition financing
China and Singapore, the major Asian economies, set up a working group to deepen bilateral cooperation in green finance and transformational finance. The move aims to foster greater collaboration between the public and private sectors to achieve a low-carbon future for the region.Martha GrizzardBybit will introduce mandatory KYC requirements starting May 8
Beginning May 8, all products and services offered by cryptocurrency exchange Bybit will be subject to know-your-customer (KYC) authentication. However, exchange users are free to withdraw their cryptocurrencies regardless of KYC status.Hallie GillDeFi Options Protocol Raises $17M for Buyer's Market
Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to provide a buyer's market and expanded token list, according to an April 24 announcement by the team.Jerry McNeillCoinbase Files Court Action, Asking SEC to Respond to Rulemaking Petition
Coinbase has filed a lawsuit in the US federal court seeking a "yes or no" response from the country's securities regulator to a petition the exchange has pending since July.James DeanCryptocurrency is Dead in America': Tech Billionaire Chamath Palihapitiya
US Regulators Have Killed the Crypto Industry, According to Bitcoin Bull and billionaire tech investor Chamath Palihapitiya.Barry StidhamGenesis settlement disrupted by new creditor demands, says DCG
Troubled digital currency firm Genesis Capital found its settlement disrupted by creditors two months after it initially struck a deal, raising concerns about the timing of the process.Cornell RachelEU data watchdog warns of 'hell' scenario for US AI firms
Europe's data watchdog, Wojciech Wiewiórowski, has predicted that US artificial intelligence (AI) companies will be in trouble, now under investigation for alleged violations of the General Data Protection Regulation (GDPR).Martha GrizzardPricing Disparity in Decentralized File Storage Remains Despite Market Growth
The cost of decentralized file storage on blockchains like Filecoin, Arweave, Swarm, StorJ and Sia currently ranges from near zero to $4 per terabyte (TB) per month, according to a new report from Singapore-based venture capital firm Foresight Ventures.Cornell RachelCalifornia County Approves Blockchain-Based Digital Wallet for Government Services
Santa Cruz County in Northern California is one of the latest counties to adopt and implement blockchain-based solutions at the government level.Martha GrizzardMeWe social network with 20 million users to integrate with Polkadot parachain
According to an announcement made at Consensus 2023 on April 26, social network MeWe will be integrated with Polkadot's parachain Frequency blockchain network. The announcement added that the company will begin moving its user accounts onto the network this quarter.Jerry McNeillBinance.US Enables Web3 Domain Creation for US Users
Binance. Through a new partnership with Unstoppable Domains, US users will soon be able to set up decentralized domains that will serve as digital identities across the Web3 ecosystem.James DeanUS House Finance Committee Republicans Seek Records Showing Crypto Debanking
Three Republican members of the US House of Representatives Financial Services Committee have written to the head of the US banking regulator seeking information on possible coordinated action against digital asset firms.Wayne IngramHome of Ex-FTX Exec Ryan Salame Raided by FBI
The FBI has reportedly raided the home of former FTX co-CEO Ryan Salame amid further scrutiny of his role as a close advisor to Sam Bankman-Fried.Barry Stidham"The War Room is Frustrated" - Scaramucci on FTX's Consensus Meltdown
On April 27th, SkyBridge Capital founder Anthony Scaramucci revealed what the final days of FTX were like, claiming that most of the failed cryptocurrency exchange's employees probably didn't know its executives were working behind closed doors. something until it's too late.Craig GreenRobinhood Launches Fiat-to-Crypto Onramp for Self-Hosted Wallets and DApps
Announced at Consensus 2023 on April 27, “Robinhood Connect,” a fiat-to-crypto onramp, supports decentralized applications (DApps) and self-custodial wallets.Christopher SmithHong Kong Authorities Remind Banks Not to Hastily Reject Digital Asset Clients
The Hong Kong Monetary Authority (HKMA) reminded banks on April 27 that there is no one size fits all when it comes to anti-money laundering (AML). Banks should not make opening an account unnecessarily difficult.Cornell RachelBanks Bullish on Crypto: Standard Chartered's Zodia Raises $36M
Global banks continue to expand their cryptocurrency-related capabilities, with British multinational bank Standard Chartered raising new funding for its crypto platform Zodia.Wayne IngramAmid ChatGPT craze, Bitget commits $10M to Fetch.ai ecosystem
Cryptocurrency derivatives exchange announced April 27 that Bitget has committed $10 million to develop the Fetch.ai ecosystem.Jerry McNeill
