Stablecoin Bill Proposal for State Regulators Opposed by Financial Institutions
This week, a U.S. House of Representatives Committee is meeting to deliberate on the part of the stablecoin legislation, a situation that has raised concerns...
OpenAI Secretly Turns Off AI Detection Tool
Open AI has decommissioned its AI Classifier owing to poor accuracy, crashing educators’ hopes. In January, OpenAI, an artificial intelligence powerhouse backed by Microsoft, publicized...
Crypto Lawyer Downplays Impact of SEC Appeal Against Ripple Labs
The Crypto Law executive John Deaton downplayed the impact of the Securities and Exchange Commission (SEC) appealing the Ripple Labs win in the XRP ruling. ...
Elon Musk Swapping Twitter Logo to X as Company Extends Scope
Elon Musk's transformation of Twitter took another twist, with the tech mogul announcing a swap of the Twitter logo. The change is hot on the...
Canadian Police Decry the Increased Home Robbery Targeting Crypto Investors
The Canadian police department in Richmond warned of an emerging trend where crypto investors have become targets in home robberies. Law enforcement officers are warning...
Ethereum worth $3 million Lost Following Conic Finance Protocol Exploit
The new DeFi protocol that went live in March has incurred a more than 1700 Ethereum loss. Conic Finance, a decentralized finance (DeFi) protocol, has...
Buterin Shares Ethereum’s Account Abstraction During Paris Community Conference
Vitalik Buterin elaborated how ‘paymasters,’ an account abstraction extension, permits users to use the transferred coins to pay for gas fees. Account abstraction is considered...
Aave’s GHO Stablecoin Realizes $3.77M Market Cap
The newly launched dollar-pegged stablecoin by Aave is witnessing accelerated adoption. The stablecoin identified as GHO is running on Ethereum. Aave is replicating Maker's DAI...
Crypto Headcount Escalates Above 100% Since 2019
A review of the digital ecosystem shows contrasting staffing approaches that collectively have increased the crypto headcount. The industry giants, for instance, Binance, employ and...
SEC’s Chair Optimistic AI Could Strengthen Enforcement
The US Securities and Exchange Commission (SEC) chair that leveraging artificial intelligence (AI) could facilitate its market surveillance. Gary Gensler admitted that integrating AI-powered systems...