Markets

Cryptocurrency exchange Bybit will be looking to leverage artificial intelligence (AI) to provide users with a host of new trading tools and indicators through an integration with ChatGPT.

Mobile earning platform Sweat Economy will repurpose over 2 billion native Sweatcoin tokens locked in inactive user wallets.

Stablecoin Issuer Tether Publishes Lengthy Response to Reports About Tether Reserves

On June 13, the long-awaited Hinman documents were finally unsealed and made public. The published documents provide valuable insight into a key 2018 speech by Bill Hinman, former director of the US Securities and Exchange Commission's (SEC) Division of Corporate Finance.

Atomic Wallet, a non-custodial decentralized wallet, has been hit by a stunning attack that has resulted in users reporting losing their entire cryptocurrency portfolios.

A new artificial intelligence (AI) startup and rival to ChatGPT creator OpenAI has raised $113 million in seed funding, bringing its valuation to $260 million just two months after launching.

Cryptocurrency exchange Coinbase has reached an agreement to redeem $64.5 million of 0.50% convertible senior notes due 2026, according to a June 15 announcement.

Middle Eastern cryptocurrency exchange OKX has reported that Dubai's Virtual Assets Regulatory Authority (VARA) has granted the company a Minimum Viable Product Preparation License as part of its expansion plans into the region.

Newly released Hinman documents related to the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) reveal divisions within the SEC and call into question its motives.

Terraform Labs co-founder Do Kwon will be extradited and detained in Montenegro, Radio Free Europe (RFE) regional edition reported. He also faced questions about his relationship with local politicians.

Binance appears to be preparing to exit Cyprus. On its website, the CySEC flagged Binance Cyprus Limited as “under review for deregistration application.”

The European Parliament has adopted the EU AI Act, a comprehensive legislative framework for the governance and oversight of AI technologies in the EU. Parliament passed the measure in a June 14 vote, with the bill receiving a majority of 499 to 28 with 93 abstentions.

Binance.US has asked a court to reject the securities regulator's proposed temporary restraining order on its assets, claiming that such a move would “effectively wind up” its operations.

The US Securities and Exchange Commission (SEC) and BAM Trading (Binance's US arm) recently filed a request for a consent order to ease some of the restrictions previously imposed by the SEC on freezing the company's assets.

The US Court of Chancery in Delaware has largely dismissed a lawsuit by digital asset custodian BitGo after cryptocurrency investment firm Galaxy Digital abandoned its takeover bid for the company in 2022.

While data suggests that crypto asset flows out of centralized exchanges accelerated last week, Binance CEO Changpeng Zhao thinks the situation may not be as bad as it seems.

Touting its progressive stance on cryptocurrencies, Hong Kong lawmakers have invited Coinbase and other cryptocurrency exchanges to operate in the region.

In a June 8 announcement, the UK's Financial Conduct Authority (FCA) said advertisers of encrypted services in the UK will be subject to stricter regulation from October 8, 2023.

Crypto.com will no longer serve institutional clients in the US after announcing a suspension of service beginning June 21.

Btc.x CEO Christian Anders. Although the Marketplace for Cryptoassets (MiCA) has been signed into law, the European Union (EU) may need to do more lobbying with different European regulators and work with different governments, said.