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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 […]
May 3, 2024
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Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

With a hearing set for May 22 to consider proposed remedies in the United States Securities and Exchange Commission’s (SEC’s) case against Terraform Labs (TFL) and […]
May 3, 2024
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Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Jack Dorsey, co-founder of Twitter and CEO of fintech firm Block, announced that Block will allocate 10% of its gross profit from Bitcoin products to purchasing […]
May 3, 2024
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Former FTX exec Ryan Salame to give up $5.9M Bahamas property

Ryan Salame, former co-chief executive of FTX Digital Markets, has agreed to transfer his multimillion-dollar property in the Bahamas as part of a plea agreement in […]
March 2, 2024
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Experts say OpenAI in ‘precarious position,’ ‘might become next WeWork’

Carlos Perez, founder of Intuit Machines, has raised doubts about OpenAI’s standing in the AI industry, suggesting that the company’s leadership position might not be as […]
February 29, 2024
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Hong Kong allocates $383 million for Cyberport AI scheme

The Hong Kong government has decided to allocate $3 billion Hong Kong dollars ($383 million) to its Cyberport business park as part of a three-year artificial […]
February 29, 2024
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AI will be essential in education — but do kids know how to use it?

Artificial intelligence (AI) has permeated various aspects of our lives, from composing music to assisting with schoolwork. While older generations may view its rise with trepidation, […]
February 28, 2024
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OpenAI accuses New York Times of hacking AI models in copyright lawsuit

OpenAI has filed a motion requesting a federal judge to dismiss certain aspects of The New York Times’ copyright lawsuit against it. The crux of OpenAI‘s […]
February 28, 2024
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Elizabeth Warren wants ‘level playing field’ for crypto and Big Tech AI blocks

United States Senator Elizabeth Warren advocates for a legal “level playing field” for cryptocurrencies and proposes restrictions on Big Tech’s development of artificial intelligence (AI) models. […]
February 27, 2024
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Mistral AI startup launches LLM to take on ChatGPT, Gemini and Claude

France-based startup Mistral AI has unveiled its latest proprietary large language model (LLM), Mistral Large, entering a competitive AI market with claims of superiority over several […]
February 22, 2024
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AI tokens record double-digit gains as market cap doubles in a month

Despite a broader market correction, various artificial intelligence (AI)-based crypto tokens and traditional stocks experienced notable gains on Feb. 21, fueled by optimistic market sentiment.   […]
February 20, 2024
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Microsoft pours $2B into AI infrastructure development in Spain

Microsoft has unveiled a significant investment of $2.1 billion in Spain, aiming to bolster its artificial intelligence (AI) and cloud infrastructure over the next two years. […]
February 19, 2024
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Vitalik Buterin says AI could help solve Ethereum’s ‘biggest technical risk’

Vitalik Buterin, co-founder of Ethereum, believes that artificial intelligence (AI) could play a vital role in addressing one of Ethereum’s most significant technical risks: bugs deeply […]

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