Monthly Archives: May 2023

French lawmakers on a key legislative committee have unanimously agreed to new rules restricting crypto promotions by social media influencers, according to a Thursday statement from the country’s Senate.According to a statement by Arthur Delaporte and Stéphane Vojetta, who led negotiations in the National Assembly, the deal allows promotions for products of any crypto firm…

Both, crypto and AI, have seen remarkable progress in the past few years.Crypto celebrated successes like DeFi, and more recently DeSci.AI celebrated successes like AlphaFold2, and more recently ChatGPT.Back in 2018, Peter Thiel pointed to the tension between the decentralizing forces of crypto and the centralizing forces of AI, coining the term “Crypto is libertarian,…

Crypto companies looking to operate in South Africa will need to apply for a license from the country’s Financial Sector Conduct Authority (FSCA) in the six months starting June 1.While South African crypto companies have welcomed the new licensing regime, they worry the fine waiting for those that fail to register in time may sink…

Non-fungible token (NFT) lending platform Astaria is launching publicly after a lengthy closed beta period.The platform, co-founded by former decentralized finance (DeFi) protocol SushiSwap CTO Joseph Delong, allows NFT holders to lease their assets to traders who may not be able to afford a blue-chip NFT in a single purchase. With support for over 300,000…

Lawmakers in South Korea passed legislation on Thursday that will require officials to report their crypto holdings, local outlet News1 reported.The "Kim Nam-kuk Prevention Act" passed the plenary session of the National Assembly on Thursday via amendments to the National Assembly Act and the Public Service Ethics Act, both of which were approved without a…

The Helium Foundation has partnered with Oxit to create Oxtech Module, a product to connect Internet of Things (IoT) devices to both the decentralized wireless network, Helium, and Amazon Sidewalk.Amazon Sidewalk is a new low-power, nationwide network that uses Amazon devices like the Echo smart speaker to create a series of mini mesh networks in…

Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral.The new service, called Binance NFT Loan, "will allow people to use blue-chip NFTs to borrow crypto, starting with ETH, introducing the benefits of DeFi to the Binance NFT community," Binance said…

Hong Kong asset management company Metalpha has secured $5 million for its Grayscale-based fund from Bitmain, according to a source close to the company.Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has…