'Bitcoin' search volume drops to a yearly low, while 'memecoin' surges

Artificial intelligence (AI) is undeniably a hot technology at the moment, with the industry projected to be worth $22.6 billion by 2025. Over the past year, everyday people saw AI-generated images and filters across social media as well as Open AI’s tools, ChatGPT and DALL-E, explode seemingly overnight.  While AI shows significant signs of promise,…

Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the United States. 179 Total views 2 Total shares Crypto exchange Binance has acknowledged that a crackdown on cryptocurrencies has made it challenging to conduct business in the United States, and it…

Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11…

A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8.According to the local newspaper, Hainan Daily, the central government approved the…

Just a moment...

The collaboration intends to bring changes to public administration and the business sector. Stablecoin issuer Tether has signed a memorandum of understanding (MoU) with the government of Georgia to develop Bitcoin and peer-to-peer (P2P) infrastructure in the country. The strategic collaboration between the Tether and the Georgian government will focus on building key infrastructure for a…

Clegg joined Meta in 2018 following a two-decade tenure in the British political scene. 1513 Total views 5 Total shares Nick Clegg, vice president for Global Affairs and Communications at Meta Platforms, spoke at Lisbon’s Web Summit 2021 during a panel on Facebook and innovation in Europe.The world’s biggest tech conference has returned to a…

The country's legislature has passed a law that would impose financial monitoring on crypto platforms. 64 Total views 3 Total shares According to new legislation passed by the upper house of the country's national parliament today, crypto businesses in Kazakhstan may soon be subjected to Anti-Money Laundering (AML) regulations, as reported by local news outlet Vlast. The…

Bitcoin (BTC) is challenging familiar but significant all-time highs as a new week gets underway, rallying to $58,000 on Monday.After a surprise rally on Friday, the largest cryptocurrency saw a slow comedown through much of the weekend. This turned on its head overnight on Sunday, however, and now BTC/USD is back fighting resistance near $60,000.Cointelegraph…