Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’

Despite a slight recovery, DeFi TLV has lost $250 billion this year. 191 Total views 11 Total shares DeFi dapps showed a slight recovery for the first time since May, with the daily average of unique active wallets (UAWs) increasing 3.7% on a month-over-month basis, according to a report from DappRadar. The rise was partially driven by the…

Anthony Scaramucci called NAYG’s lawsuit against Galaxy Digital “lawfare,” while another crypto executive said the particular law was so unusual he had to look it up on ChatGPT. 3504 Total views 3 Total shares The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency

US Representatives Tom Emmer and Patrick McHenry gave Gary Gensler until the end of the month to answer questions about the SEC’s approach to crypto airdrops. 

The U.S. District Court, Northern District of California has ruled to deny a motion to remand against Ripple, its subsidiary XRP II, and Ripple CEO Brad Garlinghouse, according to an official document issued Aug. 10. The original lawsuit was first initiated by XRP investor Ryan Coffey in a San Francisco court on May 3, 2018,…

Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services. 695 Total views 7 Total shares The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the…

BitMEX not playing by the rules today means added regulatory consequences tomorrow. 294 Total views 4 Total shares Cryptocurrency derivatives exchange BitMEX has not played ball by U.S. regulatory rules, which hurts the crypto industry as a whole, according to David Carman, a former veteran Chicago Board Options Exchange trader. Carman currently helps head up…

Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange.According to local finance newspaper Dagens Næringsliv, the Kjos family intend to launch trading on their nascent NBX exchange in August. Swiftly expanding into neighboring countries, the publication said the Kjoses,…

Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece.Following years of disagreement on what jurisdiction should care about the alleged Bitcoin (BTC) laundering suspect, the Ministry of Justice, Transparency and Human Rights has reportedly decided to finally extradite the Russian citizen…

United Kingdom-based cryptocurrency payment processor Wirex partnered with Stellar (XLM), the company announced in a press release on their website on April 24.Wirex is a company licensed by the U.K. Financial Conduct Authority (FCA) that allows crypto users to spend their cryptocurrencies with a dedicated Visa card, with a new total of nine digital token…