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16.05 / 22:53

business Ripple SEC Court Seal Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs

A motion from the United States securities regulator to seal the controversial Hinman documents has been denied — a move that has been seen as a win for the Ripple and crypto community.

16.05 / 20:31

business Blockchain Bitcoin CoinShares posts highest quarterly earnings since Q1 2022

Cryptocurrency investment group CoinShares recently published its Q1 earnings report for 2023 amid what it’s calling a “return to profitability.”

16.05 / 18:27

business Blockchain Hardware Wallet Hardware Digital Asset Ledger recovery Crypto community reacts to Ledger wallet's secret recovery phrase service

Several crypto community members, including Ledger wallet owners, have taken to social media to express their discontent following the release of Ledger's latest feature. The newly introduced retrieval solution for itshardware crypto wallets, known as Ledger Recover, aims to offer a safeguard in case users misplace their seed phrase.

16.05 / 09:55

business regulation lending Celsius Whale Withdrawals Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research

The 2022 crypto bank runs — caused by the failure of multiple ecosystem giants — have had a lasting impact on the crypto industry. A new research report from the Federal Reserve Bank of Chicago (FRBC) has identified several key factors and catalysts that accelerated last year’s crypto crisis.

16.05 / 07:51

business Government regulation us government Banks Signature Bank failed to understand risks associated with crypto: FDIC chair

Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin J. Gruenberg, believes that the bank’s failure to understand the risks associated with cryptocurrencies expedited its fall.

16.05 / 05:21

business Adoption Altcoin Apple virtual reality Metaverse Apple's new headset could put a rocket under metaverse tokens

Apple is scheduled to release its highly-anticipated mixed-reality headset in the coming weeks, a development that some believe could breathe fresh life into the metaverse industry.

16.05 / 01:13

business Open Source ChatGPT open OpenAI preps release of open source AI model: Report

An open-source artificial intelligence (AI) model is reportedly being prepared for public release by OpenAI, the firm behind the AI chatbot ChatGPT.

15.05 / 20:57

markets business Technology CoinShares Digital Asset Bitcoin Digital asset market shrinks as fund outflows reach $200M: CoinShares

On May 15, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” which revealed that digital asset investment products experienced another week of consecutive outflows, with a total of $54 million exiting the market. This brings “the total outflow to US$200m, representing 0.6% of total assets under management (AuM),” CoinShares reported.

15.05 / 20:03

business Amazon Machine Learning ChatGPT Amazon is hiring AI engineers to build a ChatGPT-like search interface

Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface.

15.05 / 18:39

business Stablecoin Tether financial stability Financial Tether boasts of its financial stability after strong profits, money moved out of banks

Stablecoin operator Tether Holdings pulled over $4.5 billion out of banks in the first quarter of 2023, causing a “substantial reduction” in counterparty risk, the company reported in a post touting its latest attestation by BDO Italia.

15.05 / 16:03

business Upbit Bithumb raid South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk.

15.05 / 12:21

business Scams ChatGPT Irish newspaper apologizes for misleading AI-generated article

An Irish daily newspaper apologized to its readers after it unknowingly published an article by a guest writer who had used artificial intelligence (AI) to pen the piece and their identity.

15.05 / 10:49

business Technology Adoption Amazon Tech Amazon implements AI to enhance logistics and delivery speeds

Amazon is prioritizing using artificial intelligence (AI) to enhance delivery speed by reducing the distance between products and customers.

15.05 / 09:11

business Blockchain Technology CBDC Samsung Samsung to research South Korea’s CBDC for offline payments

Tech giant Samsung Electronics has reportedly partnered with South Korea’s central bank to conduct research on central bank digital currency (CBDC) for offline payments.

15.05 / 04:07

business Report data Financial Times ChatGPT Worldcoin OpenAI CEO in ‘advanced talks’ for $100M Worldcoin funding: Report

OpenAI boss Sam Altman is reportedly in “advanced talks” of securing $100 million funding for Worldcoin, a project aimed at creating a collectively owned and globally distributed cryptocurrency.

15.05 / 01:07

business regulation SEC Court LBRY fines SEC revises $22M punishment against LBRY, seeks $111K instead

The United States securities regulator is seeking to revise its $22 million punishment against decentralized content platform LBRY, acknowledging it is unlikely to be able to cough up the funds to be able to pay it.

13.05 / 18:15

business Stablecoin Trading Terra Jump Trading faces lawsuit over alleged $1.3B profit from TerraUSD

A lawsuit filed in a district court in Illinois details Jump Trading's alleged involvement with Terra Labs in manipulating the price of algorithmic stablecoin TerraUSD (UST). According to court documents from May 9, the firm purchased millions of UST tokens in 2021 hoping to manipulate its value to reach $1.

13.05 / 14:59

business Blockchain Ripple Microsoft goldman sachs DAO Arbitrum network Blockchain Network Crypto Biz: Ripple’s expensive battle, Bittrex bankruptcy and a new blockchain network

A million-dollar question in crypto might be whether tokens can be considered securities in the United States, with some crypto companies staking a lot of money on it.

13.05 / 06:11

business Bankruptcy creditors QuadrigaCX creditors set to receive 13% of their claims as an ‘interim dividend’

Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.”

12.05 / 20:57

business NFT Samsung patents LG Electronics files patent for NFT-trading TV

South Korean tech company LG Electronics has filed a patent application for its blockchain-based Smart TV that allows users to trade nonfungible tokens (NFTs).

12.05 / 19:07

business Interest rates Bitcoin How will lower interest rates benefit Bitcoin?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity.

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