Sushi acquires Shipyard to address DEX performance issues
SushiSwap’s total value locked has declined sharply since 2021 highs, according to DefiLlama.
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Bitcoin investors more bullish than ever despite 50% price crash: survey
A survey reveals investors are still bullish on Bitcoin and other cryptocurrencies despite the recent market drop. 1554 Total views 3 Total shares Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a…

Blockchain technology platform Bakkt looks toward Europe after MiCA
Bakkt’s chief product officer, Dan O’Prey, expressed his optimism about the future of Bitcoin and the company’s outlook on regulated markets when he chatted with Cointelegraph at Bitcoin 2023. 148 Total views 6 Total shares The international regulatory environment for cryptocurrency is improving, and the company is eyeing a retail expansion on the continent, Bakkt…

Avara’s Lens secures $31M for SocialFi-focused L2 blockchain
Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

EU watchdog urges banks to prioritize clients in AI usage
The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.

US 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings
The suggested regulation would apply to attorneys and litigants without legal representation appearing before the court, obliging them to confirm that filings produced with the help of AI were assessed for precision. 297 Total views 6 Total shares A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm

Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express

Hong Kong’s Securities and Futures Commission warn of nonfungible token risks
The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs. 68 Total views 2 Total shares On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: "As…

Elliptic Launches Tool to Connect Banks with Cryptocurrency Exchanges
London-based cryptocurrency compliance firm Elliptic has launched a new tool that allows banks to work more closely with crypto exchanges.Dubbed Elliptic Discovery, the product collects detailed profiles of more than 200 global crypto exchanges to enable banks to manage risks associated with crypto transactions, Business Insider reports Dec. 11.Elliptic Discovery includes data collected since 2013Designed…