Markets

The price of the new memecoin PEPE plummeted more than 42% just days after reaching an all-time high on May 6, causing at least one investor to suffer hundreds of thousands of paper losses.

South Korean authorities are seeking the extradition of Terraform Labs co-founder and former CEO Do Kwon. Prosecutors overseeing the investigation believe his deportation would best benefit victims of the TerraUSD (USTC) and LUNA token debacle, The Wall Street Journal reported.

Australian blockchain firm Everledger has reportedly entered bankruptcy proceedings after failing to raise new funding from undisclosed investors.

The race to develop artificial intelligence (AI) continues as China pushes for indigenous artificial intelligence without using the latest US technology due to current sanctions.

During the Q&A portion of a recent earnings call, CEO Tim Cook gave a rare glimpse of Apple when asked about his thoughts on generative artificial intelligence (AI) and where he "thinks it's going." walled garden.

On May 4, Argentina's central bank banned payment providers from offering crypto transactions, claiming that it intends to reduce the country's payment system's exposure to digital assets.

The US Securities and Exchange Commission (SEC) awarded the largest whistleblower award ever, totaling $279 million.

South Korean lawmakers allegedly cashed in on cryptocurrency legislation

Cryptocurrency Exchange Binance Stops Bitcoin, Second withdrawal on May 8, citing a large backlog of pending withdrawals. Binance tweeted on May 8 that it had “temporarily” shut down BTC withdrawals due to “a large number of pending transactions.”

Big Four accounting firm Deloitte has integrated blockchain technology to allow clients to store verification credentials in a digital wallet to streamline an "often inefficient" verification process.

Bitcoin suddenly soars, Transaction fees and unconfirmed transactions sparked concerns on crypto Twitter over the weekend about a potential denial-of-service (DoS) "attack" on the network.

A trader just spent a whopping $155,000 worth of memecoin called Four (FOUR) for a staggering 64 ETH the equivalent of $118,000 in gas fees.

Human rights advocacy group Amnesty International has retracted images generated by artificial intelligence used in a campaign to promote police brutality during nationwide protests in Colombia in 2021.

Kenyan lawmakers are considering a 3 percent tax on the transfer of cryptocurrencies and non-fungible tokens, and a 15 percent tax on online monetized content, under a newly introduced bill.

Funds on the platform of bankrupt cryptocurrency broker Voyager Digital could begin returning to creditors in the "coming weeks," the Voyager creditors committee said

Montana Governor Greg Gianforte has signed a bill that primarily prevents local governments in the state from passing laws banning cryptocurrency mining.

The North Carolina House of Representatives has unanimously passed legislation aimed at banning payments to US states using central bank digital currencies, or CBDCs.

UK comments on AI development: It could 'drive massive economic growth'

The Economic Affairs Committee of the French Senate recently approved an amendment to pending legislation that would allow registered cryptocurrency companies to hire social media influencers for advertising and promotions.

The FBI and Ukrainian law enforcement have seized the domain names of nine digital currency exchanges suspected of aiding and abetting cybercriminals.