AltSignals AI project gathers steam as Google and Microsoft jump into the AI bandwagon
Microsoft incorporated GPT-4 into its Bing search engine earlier this year. Google has announced it is rolling out generative AI to its core search engine....
‘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...
Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Crypto exchange Binance US and its founder Changpeng Zhao (CZ) are reportedly looking for ways to reduce his stake in the firm, amid harsh scrutiny...
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on...
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
IRS wants $38 billion tax from Alameda According to recent flings posted by the claims agent of bankrupt cryptocurrency exchange FTX, the U.S. Internal Revenue...
US House financial committee tells SEC they don’t like custody proposal
The chair of the United States House of Representatives Financial Services Committee and six subcommittee chairs have sent a letter to U.S. Securities and Exchange...
Federal Reserve’s FedNow will integrate with Metal Blockchain
The Federal Reserve’s forthcoming instant payment service FedNow will be integrated with Metal Blockchain, according to a May 11 announcement from the Metal Blockchain team....
Safaricom M-Pesa receives Ethiopian mobile money license, ending state monopoly
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr,...
D-Central Launches Innovative “Hash No Cash” Promotion Across North America – CoinJournal
Laval, Canada, May 11th, 2023, Chainwire Groundbreaking Initiative Revolutionizes ASIC Repair Services, Encourages Sustainability and Decentralization in Cryptocurrency Mining. D-Central Technologies Inc., a pioneer in...
‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the...