New bill suggests thwarting AI copycats, deepfakes with watermarks
A bipartisan group of senators has introduced a new bill aimed at tackling deep fakes, copyright infringement, and AI training on data it’s not supposed to.
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SEC charges fund adviser Galois Capital for FTX crypto custody
The fund allegedly lost about half of its assets following FTX's collapse.

Bitcoin trades in ‘enthusiastic’ phase as data hints at upcoming range expansion
Bitcoin’s volatility is compressing, which is a sign that a sharp range expansion is brewing.

Crypto community responds to US democrats backing SEC’s crypto authority
One community member expressed their decision to part ways with the party, arguing that the Democratic Party is playing god with the “future of American innovation.“ 519 Total views 2 Total shares The United States Democratic Party has expressed its intent to back the Securities and Exchange Commission’s (SEC) total authority over crypto in a…

Pension funds are getting in on Bitcoin, according to Grayscale
In fact, CEO Michael Sonnenshein says they're fueling Grayscale’s massive growth. 1229 Total views 5 Total shares Grayscale’s newly-appointed CEO Michael Sonnenshein told Bloomberg Thursday that pension funds and endowments are investing actively into the Grayscale family of funds. He explained:“We’ve started to see participation not just from the hedge fund segment, which we’ve long…

Tether to publish reserve reports in real time in 2024: Bloomberg
Paolo Ardoino, Tether’s chief technical officer and upcoming CEO, said the firm plans to start publishing reserve data in real-time in 2024, according to a report. 304 Total views 2 Total shares Tether Holdings, the issuer of the world’s largest stablecoin by market capitalization, Tether (USDT), is reportedly preparing to update the frequency of releasing

Kraken’s incoming CEO: No plans to register with SEC
Dave Ripley says he doesn't see a reason to register with the SEC as an exchange because Kraken does not offer securities to users. 198 Total views 9 Total shares The newly appointed CEO of crypto exchange Kraken has stated that he has no plans to register the company with the Securities and Exchange Commission…

Did the crypto market bottom this week? — Here’s what the data shows
Bitcoin is chasing $60,000, and altcoins are showing modest gains today. Does that mean the crypto market has bottomed?

Fintech Firm Billion Seals $2.1 Mln European Commission Grant for Blockchain System
Polish-British fintech firm Billon has reportedly sealed an almost €2 million (~$2.1 million) grant from European Commission’s Small and Medium-Sized Enterprises (SME) Instrument program to develop a blockchain document management system. The news was reported by Billion in a press release on May 14.The Commission’s SME Instrument program provides funding for innovation projects which are…