Sony debuts Soneium Minato testnet, Web3 developer incubator
Developers on the new blockchain will have a chance to receive investment and other forms of support from a wide range of Web3 firms.
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Kadena price soars by 40% after new protocol launches and a major exchange listing
A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price. 1168 Total views 19 Total shares In bull and bear markets, the mantra for cryptocurrency projects that are focused on long-term sustainability is “always be building.”Kadena (KDA) is one project that has earned rewards from its forward-looking…

Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change
Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market. 192 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe New York Federal Reserve has published new rules for counterparties looking to use its money market balancer, casting…

HSBC, SGX and Temasek Explore Distributed Ledger Tech in Asian Bond Market
Global banking giant HSBC will explore the use of blockchain for the issuance of fixed income securities in a joint trial with Singapore Exchange (SGX) and investment firm Temasek. Focused on the Asia bond markets, the trial intends to streamline the bond issuance process and reduce associated costs by applying tokenized securities and smart contracts, HSBC…

Price Analysis 5/15: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
A month after the first halving, Bitcoin (BTC) moved up by 7% but following the second halving, the price slipped by 10% in a month. This suggests that if history were to repeat itself, the top-ranked cryptocurrency on CoinMarketCap will remain volatile but a large move in either direction is unlikely in the first month.…

AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among the hundreds of signatories. Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google DeepMind and Anthropic, recently signed an open statement published by the Center for AI Safety (CAIS). We just put out a statement:“Mitigating the risk of…

US prosecutors say SBF will be tried on original 8 criminal charges — for now
DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy. 335 Total views 15 Total shares The criminal trial of FTX co-founder Sam Bankman-Fried will be going ahead with the eight charges he was initially pinned for by United States prosecutors…

Hawkish Fed comments and Bitcoin derivatives data point to further BTC downside
A $750 pump on Aug. 26 took Bitcoin (BTC) from $21,120 to $21,870 in less than two hours. However, the movement was completely erased after comments from U.S. Federal Reserve Chair Jerome Powell reiterated the bank’s commitment to contain inflation by tightening the economy. Following Powell’s speech, BTC price dropped as low as $20,700. Bitcoin/USD 30-min…

Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST. 734 Total views 8 Total shares Blaming market conditions and lack of liquidity, Singapore-based crypto lending platform Hodlnaut has become the latest firm to…