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May 6, 2024
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South Korea stops short of allowing crypto in updated donation laws

The newly amended donation legislation in South Korea has omitted digital currencies, posing a potential setback for the country’s charities and donation initiatives.   According to […]
May 6, 2024
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Jack Dorsey leaves board of decentralized social network Bluesky

Twitter co-founder Jack Dorsey has stepped down from Bluesky’s board, the decentralized social media platform he conceived and financed in 2019 during his tenure as Twitter’s […]
May 6, 2024
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Crypto venture capital funding hits $1B for second straight month

Crypto venture capital funding has exceeded $1 billion for the second consecutive month in 2024.   In April, $1.02 billion was raised across 161 investment rounds, […]
May 3, 2024
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EigenLayer to cough up around 28M more EIGEN after airdrop backlash

EigenLayer, the Ethereum restaking protocol, has announced another airdrop of approximately 28 million of its native EIGEN tokens to over 280,000 wallets, shortly after its initial […]
May 3, 2024
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Coinbase posts $1.2B net income in Q1, surpasses entire 2023 earnings

Crypto exchange Coinbase has reported a significant rebound in the first quarter of 2024, propelled by improved market performance and the introduction of Bitcoin exchange-traded funds […]
May 3, 2024
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Chainalysis will help Tether monitor secondary market for illicit activity

Tether will gain the ability to monitor the secondary market for its stablecoin, courtesy of a solution developed by blockchain analysis firm Chainalysis. This advancement will […]
May 3, 2024
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Block shares see after-hours bump as Q1 results top estimates

Fintech firm Block has exceeded Wall Street analyst revenue and earnings forecasts in its first-quarter results, leading to a surge in its shares after-hours.   Q1 […]
May 3, 2024
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Bitcoin bottom in, now headed for a ‘slow grind higher’ — Arthur Hayes

Former BitMEX CEO Arthur Hayes anticipates that Bitcoin has reached a local bottom and will gradually climb back up over the coming months.   Recent Market […]
May 3, 2024
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US lawmakers warn of Iranian crypto miners threatening national security

United States Senators Elizabeth Warren and Angus King have raised concerns about potential national security threats posed by cryptocurrency miners in Iran.   Letter to Biden […]
May 3, 2024
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The rise of the Chinese AI unicorns doing battle with OpenAI

Several Chinese startups specializing in generative artificial intelligence (AI) have recently achieved valuations exceeding $1 billion, intensifying competition in the field as they strive to rival […]

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