EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
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Former Amazon exec will become new CFO of crypto exchange Bitstamp
Stephen Bearpark is a 3-year veteran of Amazon and former finance director for Barclays. 3433 Total views 24 Total shares Cryptocurrency exchange Bitstamp has hired Stephen Bearpark, a former finance director at tech giant Amazon, as its chief financial officer.In an announcement today, Bitstamp said it would be appointing Bearpark to the executive position where…
Funds locked in DeFi surge $1B as analyst tips post-election bull run
Crypto collateral locked in DeFi protocols has surged to an all-time high over $12 billion. 1407 Total views 9 Total shares Following a six week cooling-off period for the majority of decentralized finance protocols, the DeFi bulls are back in action as total value locked surges to new record highs.The amount of crypto collateral locked…
SBF criminal trial moves to closing arguments
Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX. 449 Total views 22 Total shares The ongoing criminal trial involving FTX founder Sam Bankman-Fried (SBF) will move into closing arguments on November 1. On Day 15 of the SBF trial, lead defense attorney Mark Cohen's request
Monthly $1.9B Ethereum futures and options expiry will determine if ETH hits $3K soon
The May 28 futures and options expiry could be a turning point for Ether (ETH) as the cryptocurrency rebounded 60% from its $1,730 low on May 23. Even though the open interest stands at $6.2 billion, only 16% is set to expire on Friday as most of the action takes place on perpetual and June…
Awesome interactive NFT artwork shows effects of sponsoring kids
Anyone who holds a copy of the NFT will see it change as the Bitcoin donations come in. A former baseball player has created a non-fungible token, time-sensitive artwork piece that allows crypto holders to donate Bitcoin to enable two African American boys to fulfill their dreams.According to a representative for the artist, former Tampa…
ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research
Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.
Montana Passes Bill to Recognize Utility Tokens and Exempt Them From State Securities
The United States State of Montana has recognized utility tokens and exempted them from state securities by passing a new bill this month. House bill 584, titled “Generally revise laws relating to cryptocurrency,” was signed by the Governor of Montana Steve Bullock on May 8.Initiated by State Representative Shane Morigeau, the bill had its first…
$24M CryptoPunk sale shows either ‘NFTs are over’ or ‘this is the bottom’
SideShift.ai CEO Andreas Brekken believes CryptoPunk ##5822 was “most definitely” sold at a loss and that NFTs are “going to zero.”