Prometheum subsidiary receives FINRA approval for digital asset qualified custody
The approval marks the first time a digital asset custody provider has come under federal regulation as the SEC tightens...
Month: May 2023
Solana integrates AI into blockchain, raises grants fund to $10M
The ChatGPT plugin integrated into Solana is open source and can be downloaded from GitHub. On May 23, the Solana...
$160K at next halving? Model counts down to new Bitcoin all-time high
A bold prediction states that BTC price can gain 500% between now and April 2024. Bitcoin (BTC) price action may...
Foresight Ventures pledges additional $10M for Web3 accelerator
The venture capital firm will allocate up to $200,000 to blockchain projects that it deems promising. On May 24, Singaporean...
IMF optimism in Central African Republic, despite Bitcoin adoption
The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks. The Central African Republic...
Crypto should mimic TradFi rules: Global securities regulator IOSCO
According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets. A major global...
BitPay Reveals The Integration Of Brave Wallet To Its Payment Protocol
BitPay, the Bitcoin payment service provider, has announced the integration of Brave Wallet into its payment protocol. The integration would...
Bitcoin Price Climbs At $27,200 – Will The FOMC Minutes Today Drive BTC To New Heights?
Bitcoin (BTC) price has shown equal participation between the bulls and bears since early in the month. This is evident...
Web3 threatened by Web2.5 and regulations, exec warns
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, the vision of Web3...
Dispersion Capital launches $40M venture fund to ‘bring Web3 to the masses’
The firm aims to fund startups building infrastructure for Web3 and other decentralized technology projects. Early-stage venture capital firm Dispersion...
Coinbase continues effort to get mandamus for SEC response to rulemaking petition
The cryptocurrency exchange filed a petition for rulemaking with the SEC in July and was served a Wells notice for...
AI developer Anthropic raises $450M in Series C round
“The funding will support our efforts to continue building AI products that people can rely on," developers wrote. On May...
Chinese city launches govt-backed metaverse platform
The platform aims to consolidate the resources of academic institutions and enterprises in China and bolster research efforts in areas...
ETH can be both a security and a commodity, former CFTC commissioner says
Ether can simultaneously be both a security and commodity, meaning it lies under the regulatory scope of two federal agencies,...
Ledger key recovery service paused amid backlash, will open-source code
Ledger CEO Pascal Gauthier says the past week has been a “humbling experience” and apologized for the firm’s “miscommunication.” Hardware...
