Report: Bitcoin mining stocks – extreme volatility and underperforming Bitcoin
Key Takeaways Bitcoin mining stocks have traded with significantly more volatility than Bitcoin itself Mining stocks have underperformed, as rising energy costs and increased competition...
Italian senator provokes parliament with AI-generated speech
An Italian senator spoke before members of the Italian parliament with — unbeknownst to parliament members — a speech entirely composed by artificial intelligence (AI).In...
Does the US have a crypto ‘tax loophole’ problem?
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its...
Tether (USDT) market cap breaks ATH, Binance CEO points at regulatory caps
The Tether (USDT) stablecoin has hit a new all-time-high (ATH) market capitalization of over $83 billion as its market dominance continues. The new ATH comes...
Canadian crypto exchange Bitvo reduces withdrawal fees by 50%
Several cryptocurrency exchanges have announced leaving the Canadian crypto market citing the Canadian regulations. Bitvo aims to leverage the market gap created by the leaving...
Crypto.com completes its licensing process in Singapore
Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle approval in Singapore. Crypto.com has...
Germany’s Deutsche Telekom set to become a Polygon validator
Germany’s Deutsche Telekom is one of Europe’s largest telecommunications companies. Deutsche Telekom provides consulting and software development services. Polygon has about 100 validators providing staking...
Crypto.com joins ranks of licensed payment institutions in Singapore
The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT)...
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.Other regions including...
Japanese AI experts raise concern over bots trained on copyrighted material
Japanese artificial intelligence experts and researchers are urging caution over the use of illegally obtained information to train AI, which they believe could lead to...