Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws. Own this piece of history Collect this article as an NFTA bi-partisan anti-money laundering (AML) bill that covers “decentralized entities” such as decentralized finance (DeFi) protocols and DAOs will soon be…

Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. 396 Total views 2 Total shares Binance will withdraw from the Canadian market, the cryptocurrency exchange announced on Twitter on May 12. It called its withdrawal “proactive” as new guidance issued by Canadian…

Bobby Lee Calls For BTC to Reach All-Time High in 2020
Crypto exchange founder, Ballet crypto wallet company CEO and founder, and member of the Bitcoin foundation’s board of directors, Bobby Lee, sees soaring prices in Bitcoin’s (BTC) future. Lee said he expects Bitcoin to hit $10,000 by its block reward halving in May in a statement provided to Cointelegraph. The CEO also forecast a $25,000 price…

Nvidia introduces AI supercomputer to create ChatGPT successors
The company behind the world’s most powerful chip for developing AI tools revealed more AI-powered products including an AI supercomputer platform. 147 Total views 1 Total shares Nvidia continues to push forward in the race to develop artificial intelligence (AI) tools and applications, as the company revealed plans to release more AI products. Speaking at the Computex show…

Hacker Returns Ethereum Domains Obtained in Auction Bug
The hacker who stole 17 Ethereum domain names during the Ethereum Name Service’s (ENS) auction decided to return them all.The promise of hefty compensationOn Oct. 4, digital-collectibles marketplace OpenSea said that all of the stolen ENS names were returned successfully and that bidding on domain names will restart again in the coming weeks. In the beginning…

Ethereum-based market platform unveils a new DAO
Gnosis shaped its DAO based on the concept of futarchy. 1810 Total views 14 Total shares Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO.“This will have the effect of progressively decentralizing Gnosis as a project using a native governance…

Crypto needs to remove friction for the next billion users: Coinbase
Consumer apps could be another pathway toward mass crypto adoption, according to Coinbase’s senior director of engineering.

Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce
Regulatory clarity in the crypto industry is needed now more than ever, per one official. 3318 Total views 22 Total shares As institutions move into the cryptocurrency space, the need for clear rules regarding digital assets is critical, an official at the Securities and Exchange Commission said.SEC commissioner Hester Peirce believes that clear cryptocurrency rules…