The US Labor Department reported on Tuesday that inflation fell to its slowest annual rate in more than two years in May, potentially reducing pressure on the Federal Reserve to keep raising interest rates.
UK Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI, and Anthropic, three technology companies widely regarded as global industry leaders in generative artificial intelligence (AI) technology, have agreed to provide the UK with early access to their AI models.
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.
Brian Armstrong, CEO of cryptocurrency exchange Coinbase, emphasized that regulating crypto is not “rocket science” and believes the US will achieve regulatory clarity, “even if it takes a while.”
Touting its progressive stance on cryptocurrencies, Hong Kong lawmakers have invited Coinbase and other cryptocurrency exchanges to operate in the region.
On June 8, decentralized blockchain infrastructure provider Ankr announced the launch of its enterprise blockchain creation tool on Microsoft's Azure Marketplace.
Binance may have misled US lawmakers about its business dealings and ties to local authorities in a letter sent in March, Bloomberg reported on June 8.
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.
Celebrating the 5th anniversary of the EOS network, the team behind the protocol highlighted the importance of the community as it reviewed the many challenges the protocol had to face in order to restore scalability.
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.
Cryptocurrency exchange Bitget has seen a surge in new accounts in Latin America after US regulators filed lawsuits against archrivals Binance and Coinbase.
Bankrupt cryptocurrency exchange FTX has reportedly been given permission to permanently remove individual customers from all court filings, while the names of companies and institutional investors will be sealed “temporarily.”
It's been a rough week for cryptocurrency exchange Binance. On June 9, it was reported that the Nigerian securities regulator had deemed the exchange illegal, days after Binance was sued by the SEC.
