Industry
Zipmex asks Singapore court for 2-month extension on restructuring plan
Cryptocurrency exchange Zipmex has requested another extension to allow a longer suspension of its debt in Singapore amid the company's liquidity problemsMartha GrizzardSpeaker Prepares to Introduce Stablecoins to U.S. House Financial Services Committee
The U.S. House of Representatives Financial Services Committee will hold a hearing on stablecoin regulation on April 19.Hallie GillUK could have crypto regulations within a year, says senior minister
A U.K. lawmaker has claimed that the U.K. can have digital asset regulation in place within 12 months, saying the country hopes to capitalize on the benefits that blockchain can bring to the private sector and the economy.Jerry McNeillUS Attorneys Demand 7-Year Prison for Enforcer in Crypto Shadow Banking Case
U.S. prosecutors are seeking a lengthy prison sentence for an executive in a five-year-old crypto shadow banking case.Sherry CantwellLondon Stock Exchange Group may provide BTC derivatives clearing services in the fourth quarter
The U.K. could see its first centrally cleared trading venue for digital asset derivatives, thanks to a partnership between the London Stock Exchange Group (LSEG) business and trading startup Global Futures and Options (GFO-X).Barry StidhamSotheby's Reboots Glitch Digital Art Auction, Novice Gamer Finds $49K Worth of NFTs
Sotheby's has made major changes to its latest art sale after receiving feedback from the community about the lack of diversity.Christopher SmithCathie Wood Says Bitcoin, Ethereum 'Like Gold,' But Ray Dalio Is Skeptical
The recent turmoil in the banking industry shows that Bitcoin and ether. It can withstand a shaky economy, outperform other asset classes and perform like gold, says ARK Invest CEO Cathie Wood though one long-term investor is still off the hook.Cornell RachelEthereum's Shapella Hard Fork Executes on Mainnet
The Shapella hard fork has been officially implemented on the ethereum mainnet meaning ethereum validators can finally withdraw their staked ether, from the beacon chain.Martha GrizzardElon Musk reiterates that AI has the potential to destroy civilization
While tech giants around the world are working on the idea of generating artificial intelligence (AI) to help humans in their daily lives, some see a looming risk of the emerging technology going rogue. With this possibility in mind,Wayne IngramZipmex investor reneges on 100% payment, now seeks to cut takeover deal
Zipmex's rescue plan may face some challenges, as investors in the cryptocurrency exchange are now demanding a small portion of its debt, rather than committing to a 100% payment.James DeanGemini files for pre-registration pledge in Canada
On April 12, cryptocurrency exchange Gemini announced it had filed a pre-registration undertaking with the Ontario Securities Commission, which oversees capital markets in Canada’s most populous provinceBarry StidhamAmazon launches new Bedrock AI service to take on Google and OpenAI
Generative AI models like ChatGPT have taken the tech world by storm because of their potential to penetrate the mainstream.Craig GreenCryptocurrency Exchange Bitrue Hacked for $23 Million Due to Hot Wallet Vulnerabilities
Bitrue cryptocurrency exchange suffered a hot wallet attack that allowed attackers to withdraw nearly $23 million worth of various crypto assets.Martha GrizzardCFTC Chairman Says Binance Willfully Violated Rules on Futures, Commodities
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), recently addressed allegations against Binance, alleging that the embattled cryptocurrency exchange’s leadership knowingly operated outside U.S. laws governing commodity and futures trading.Hallie GillChia Network Says It Filed IPO Registration With SEC After Leadership Shakeup
Chia Network blockchain said on April 14 that it has filed an initial public offering (IPO) proposal with the U.S. Securities and Exchange Commission (SEC).Jerry McNeillWinklevoss Loans $100M to Gemini as Global AI Race Intensifies
The global race to artificial intelligence (AI) has attracted new entrants in the past few days, with Twitter and Alibaba reportedly integrating the technology into their businesses.Sherry CantwellBhutan’s Sovereign Investment Unit Quietly Invests Millions in Crypto
The sovereign investment arm of the Kingdom of Bhutan, which manages an estimated $2.9 billion in assets, has invested millions in cryptocurrencies and is a client of bankrupt crypto firms BlockFi and Celsius.Martha GrizzardBNB Chain released a list of 191 high-risk dishonest DApps and counterfeit currency
BNB Chain, the blockchain developed by cryptocurrency exchange Binance, has updated its red alert list to include 191 high-risk projects and decentralized applications (DApps) currently hosted on the blockchain.Cornell RachelThree Japanese Banks Adopt Ripple-Based MoneyTap
Ripple-based payment system MoneyTap continues to grow in Japan, with several local banks opening up access to the app for their clients.Wayne IngramPaxful CEO Unfreezes 88% of Accounts, Remaining $4.4 Million
The CEO of peer-to-peer cryptocurrency marketplace Paxful has announced that 88% of previously frozen user accounts will be unfrozen after suspending operations for more than a week.Jerry McNeill
