Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security.
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Immutable X (IMX) gains 50% following the close of a $200M fundraising round
Non-fungible token (NFT) projects have been hard hit by the price decline across the cryptocurrency ecosystem and the current bearish conditions have spared few tokens from a price collapse.One project that is attempting to get back on solid footing is Immutable X (IMX), an NFT-focused layer-2 (L2) scaling solution for the Ethereum (ETH) network designed…
Stocks Crash Can Stop $11.3K Bitcoin Price ‘In Its Tracks’ — Report
Bitcoin (BTC) is showing all the signs of further price gains but macro markets could still bring the bull run to an end, says Glassnode.In its latest weekly update, The Week On-Chain, the analytics firm sounded the alarm about an external force “halting this bull run in its tracks.”Glassnode: This may be the beginning of…
Coinbase Not Currently Investing in Decentralized Exchange Sector, Executive Confirms
United States cryptocurrency exchange Coinbase is not planning to launch a decentralized exchange (DEX), a senior executive told cryptocurrency news media outlet The Block in an interview on May 29.Speaking on a range of topics around Coinbase’s activities, Emilie Choi, the company’s vice president of Business, Data & International, said that despite acquiring P2P platform…
Europe’s Top Miners Share Local Industry Insights
A report compiled by non-profit research institute, dGen, has found that European crypto miners believe that the region’s higher electricity prices when compared to China and Russia are offset by political stability, robust regulation, and strong protections.The study also found that many miners based in Europe feel prepared for the Bitcoin (BTC) block reward halving,…
Solana price enters correction territory after 80% monthly gains
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Global Blockchain Applications in Telecoms to Generate $1.37 Billion by 2024: Report
Global blockchain applications in telecom will generate $1.37 billion in revenue by 2024, according to a press release by Research and Markets published on April 2.The report, dubbed “Global Blockchain in Telecom Market Forecast up to 2024,” Irish global market research store Research and Markets forecasts blockchain adoption in telecoms to grow at a compound…
Critical bug identified and remedied in Circle’s Noble-CCTP
Blockchain security firm Asymmetric Research privately disclosed the vulnerability to Circle, which has since been addressed.
AIs and fries: Wendy’s to trial chatbot drive-thru operator
Wendy’s says its "FreshAI" bot reduces costs allowing funds to be focused elsewhere, others worry that eventually, those less skilled will be jobless. An artificial intelligence (AI) chatbot dubbed "Wendy’s FreshAI," will take orders from Wendy's drive-thru customers after the fast-food chain partnered with Google Cloud to create the bot.Over three-quarters of Wendy’s customers prefer…