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…
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…
DeFi protocol Curve Finance has expanded its stablecoin services with the launch of a new asset called crvUSD. On May 4, Curve Finance announced that it had deployed the smart contracts for its…
The government of Nigeria — one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC) — has approved the National Blockchain Policy for Nigeria during its meeting on May 3, 2023….
Luno bids goodbye to another one of its leading lights. The news marks the latest in a series of departures from the troubled exchange. Luno, a cryptocurrency exchange owned by Digital Currency Group,…
The United Kingdom is set to ban cold calls selling financial products, including insurance and cryptocurrencies, to crack down on fraud. The National Crime Agency estimates that fraud costs the country approximately £7 billion…
Artificial intelligence now has the potential to convert ‘non-invasive’ thoughts into texts. According to the latest report, researchers are leading the way toward achieving this milestone. Artificial intelligence (AI) is increasingly used to…
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February,…
The American banking giant JPMorgan Chase is set to acquire First Republic Bank’s (FRB) assets after early efforts to rescue it failed. JPMorgan and multiple other banks submitted a bid to acquire the…
The PEPE meme coin has hit a new all-time high of $0.000000816. The surge in price amounts to a nearly 38,900% increase since its launch on April 14. By 24-hour trading volume, on…
An executive at J.P. Morgan Asset Management is unsure how United States regional banks are “going to operate” when the Federal Deposit Insurance Corporation (FDIC) and Federal Home Loan Banks (FHLB) emergency lending…
The crypto market has created some of the most fascinating stories of wealth and success. Many notable Bitcoin investors made a fortune by being early adopters or by displaying incredible foresight. It is…
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S….
Development activity plays a crucial role in determining a cryptocurrency project’s potential success and growth. A dedicated team of developers, like Ethereum, consistently working on improvements and innovations enhances a digital asset’s functionality…
The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“ An…
Popular stock trading platform Robinhood has announced a new on-ramp to web3 and crypto. The system enables users to fund their crypto wallets directly. Robinhood Connect was announced at the Consensus 2023 event…