UK reviews AI development: It can ‘drive substantial economic growth’
The United Kingdom’s Competition and Markets Authority (CMA) has turned its attention to artificial intelligence (AI) after announcing an examination of the impact of the technology...
SEC has 10 days to respond to Coinbase complaint: Legal exec
According to a May 4 announcement from Coinbase chief legal officer Paul Grewal, the United States Court of Appeals for the Third Circuit responded to...
Nigerian national blockchain policy gets government approval
Nigeria, known to be one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), has approved the National Blockchain Policy for Nigeria during...
Bitcoin eyes liquidity above $30K as gold hits new all-time high
Bitcoin (BTC) reclaimed $29,000 overnight into May 4 as the United States banking crisis risked spawning new victims.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGold, Bitcoin...
Federal Reserve raised the funds rate by another 25bp. Jerome Powell hinted at the end of the tightening cycle.
Federal Reserve raised the funds rate by another 25bp Jerome Powell hinted at the end of the tightening cycle The US dollar did not move...
Mainstream media renew push for non-US FTX user identities
Four media outlets in the United States have continued efforts to get the identities of non-U.S. FTX customers revealed, filing new objections to a previous...
SEC steps back from defining digital assets in new hedge fund rules
The United States securities regulator is holding off from ratifying the definition of the term “digital assets” in rules that govern reporting disclosures for hedge...
Jury convicts former OpenSea manager in NFT-insider trading case
The former OpenSea manager who was accused of insider trading of NFTs has been convicted on May 3 of wire fraud and money laundering in...
NFTNYC 2023 Recap: Safeguarding NFTs – Insights from CEO of My Neighbor Alice Lenny Pettersson
My Neighbor Alice CEO, Lenny Pettersson, spoke at the three-day NFTNYC conference, which happened between April 12th and 14th, alongside other NFT projects and creators—sharing...
Robinhood returns to court to defend position in case brought by US state regulator
Lawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the Office of the Secretary of the Commonwealth of Massachusetts over the...