Cryptocurrency consortium Fahrenheit emerged as the winning bidder to acquire insolvent cryptocurrency lender Celsius Network, court documents show. The acquisition involved Celsius assets, previously valued at approximately $2 billion.
Crypto project Worldcoin has reportedly raised $115 million in a Series C round led by Blockchain Capital. Funds will be used to support its decentralized World ID and recently released World App, a crypto wallet.
Cryptocurrency exchange Binance suspended deposits for 10 bridge tokens on May 25, after several days of stalled trading sparked uncertainty surrounding the Multichain protocol.
Vienna-based cryptocurrency investment firm Bitpanda has entered into a licensing agreement with Coinbase, making Coinbase a liquidity provider for Bitpanda Technology Solutions.
Venture capital group Digital Currency Group (DCG) is shutting down its prime brokerage subsidiary TradeBlock, citing uncertainty over broader economic conditions and the US cryptocurrency regulatory environment.
Brad Smith, chief executive of big tech firm Microsoft, called on the government to "move faster" and on businesses to "step up the pace" amid a dramatic acceleration in the development of artificial intelligence.
Cryptocurrency exchange Gemini has chosen Dublin as the headquarters for its European operations as the cryptocurrency firm seeks to expand outside the US.
Unbanked, a cryptocurrency fintech firm that provides cryptocurrency custody and payment services, has become the latest company to close shop while citing the harsh regulatory environment for cryptocurrencies in the United States.
The European Union's financial watchdog has issued a statement reminding investment firms to ensure their clients understand the regulatory status of the products they offer.
ARK Invest analyst Yassine Elmandjra has warned that the U.S. risks losing its lead in the cryptocurrency race to countries including the United Arab Emirates, South Korea, Australia and Switzerland.
OpenAI CEO Sam Altman, CTO Greg Brockman, and Chief Scientist Ilya Sutskever recently wrote a blog post detailing OpenAI's position on the development and governance of "superintelligence."
South Korean officials recently approved a proposal to amend the country’s Public Service Ethics Act to include virtual assets, including cryptocurrencies.
The Philippine Securities and Exchange Commission (PSEC) has posted a notice on its website warning the public not to invest in Gemini's Gemini Derivatives product. The product is available on the Gemini Foundation platform launching in select jurisdictions on May 1.
Thirteen years after the birth of the world's first bitcoin, The pioneering cryptocurrency network faces a new wave of disruption thanks to Ordinals, a recently launched protocol that allows the addition of digital content, such as art to the Bitcoin blockchain
On May 23, the Solana Foundation, a nonprofit organization dedicated to maintaining and developing the layer-1 Solana blockchain, announced that it has integrated artificial intelligence (AI) using the ChatGPT plugin developed by Solana Labs.
A new feature of non-fungible token marketplace NFTrade allows collectors to buy items on one network while paying for them on another. According to a May 23 announcement, the feature was created through an integration with cross-chain messaging protocol Rarimo.
