Bakkt delists majority of tokens from recently acquired Apex Crypto platform

Bakkt delists majority of tokens from recently acquired Apex Crypto platform

Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the decision…

Cryptocurrencies Beyond Speculation: Explore Diverse Use Cases

Cryptocurrencies Beyond Speculation: Explore Diverse Use Cases

Moving outside the realm of speculation and the volatile markets they’re often associated with, cryptocurrencies are coming into their own as a transformative force. Bridging the gap between technological innovation and practical application,…

‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation

‘It’s going to get worse for banks’ — JPMorgan CEO on overregulation

The CEO of JPMorgan Chase — which recently took over failed First Republic Bank — believes there could be more pain ahead for United States banks if the Federal Reserve goes into crisis…

SEC Acting Unlawfully With Coinbase: US Chamber of Commerce

SEC Acting Unlawfully With Coinbase: US Chamber of Commerce

The United States Chamber of Commerce has filed an amicus brief criticizing the Securities and Exchange Commission (SEC) in its case against Coinbase. On May 11, the United States Chamber of Commerce filed…

Bitcoin miner Marathon Digital hit with another SEC subpoena

Bitcoin miner Marathon Digital hit with another SEC subpoena

Bitcoin (BTC) miner Marathon Digital has disclosed that it received another subpoena from the United States Securities and Exchange Commission relating to its 100-megawatt data center in Hardin, Montana. According to Marathon’s quarterly…

Stablecoins May Soon Be Permitted to Pay Bail Bonds in New York

Stablecoins May Soon Be Permitted to Pay Bail Bonds in New York

New legislation has been proposed by New York state to authorize fiat-collateralized stablecoins as a form of bail. New York Assembly Bill 7024 was introduced on May 10 as an act to amend…

Bear market pushes crypto events to cut fluff, prioritize discourse

Bear market pushes crypto events to cut fluff, prioritize discourse

The extended crypto winter has pushed crypto event organizers to tone down on the lavishness, allowing attendees to focus on asking more “intelligent questions” about regulation and tax. Crypto conferences attract all sorts…

Bitcoin Regional Supply Change Shifts From US to Asia

Bitcoin Regional Supply Change Shifts From US to Asia

The regional supply change of Bitcoin is pivoting from the United States to Asia. A clear transition can be seen as American federal regulators ramp up efforts to quash the industry. Crypto companies…

Estonia squeezes out 400 crypto firms after new laws

Estonia squeezes out 400 crypto firms after new laws

Almost 400 virtual asset service providers (VASPS) have voluntarily shut down or had their authorizations revoked in Estonia following the government’s recently enhanced Terrorist Financing Prevention and Anti-Money Laundering laws (AML) that came…

How Bitcoin Saves Lives Across the Globe

How Bitcoin Saves Lives Across the Globe

Cryptocurrencies have evolved beyond their original purpose as digital currencies, demonstrating that Bitcoin saves lives and supports communities in challenging situations globally. Real-world applications of cryptocurrencies showcase how they contribute to financial inclusion…

Hong Kong moving forward with crypto licensing, FinTech chair says

Hong Kong moving forward with crypto licensing, FinTech chair says

Crypto-friendly Hong Kong is still gung-ho about giving its citizens access to crypto trading despite other jurisdictions “taking a step back,” claims the chair of the FinTech Association of Hong Kong (FTAHK). Speaking…

Binance Suspends Transaction as Bitcoin Network Clogs Up

Binance Suspends Transaction as Bitcoin Network Clogs Up

Binance suspended Bitcoin transactions for the second time in a few hours. The network has become heavily congested, causing transaction fees to skyrocket. On May 7, Binance, the world’s largest crypto exchange, suspended…

Terra (LUNA) Do Kwon Faces 40 Years in Jail If Convicted

Terra (LUNA) Do Kwon Faces 40 Years in Jail If Convicted

With Terra co-founder Do Kwon facing criminal charges in several countries, South Korean prosecutors believe prosecuting him in the country is the best way to ensure justice for victims. In an interview with…

SEC issues record whistleblower award of 9M

SEC issues record whistleblower award of $279M

The United States Securities and Exchange Commission (SEC) has issued its largest-ever whistleblower award totaling $279 million. The SEC generally issues awards ranging between 10% to 30% of collected monetary sanctions larger than…

Quantum Computing Will Destroy AI Chatbots like ChatGPT

Quantum Computing Will Destroy AI Chatbots like ChatGPT

Artificial intelligence (AI) has become commonplace, and quantum computing is set to alter the landscape radically. The potential of quantum computers to process vast amounts of data at unprecedented speeds could render existing…

US vice president gathers top tech CEOs to discuss dangers of AI

US vice president gathers top tech CEOs to discuss dangers of AI

The vice president of the United States and President Joe Biden’s top advisers have held a meeting with several AI industry CEOs to discuss “concerns about the risks associated with AI.” On May…

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