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07.05 / 17:51

business Bitcoin Mempool network Withdrawals Bitcoin Network Binance closes BTC withdrawals amid congestion on the Bitcoin network

Crypto exchange Binance closed Bitcoin (BTC) withdrawals on May 7 due to an alleged overflow of transactions on the Bitcoin network.

06.05 / 21:03

business Mining regulation Bitcoin Kazakhstan collected $7M in crypto mining taxes in 2022

The government of Kazakhstan has received 3.07 billion tenge (approximately $7 million) in tax payments from crypto mining entities in 2022, following the implementation of an amended law regulating the fiscal burden of mining cryptocurrencies, according to the local media reports.

05.05 / 21:19

business lending Court Bankruptcy Celsius court approval Eligible Celsius users can withdraw all 'Distributable Custody Assets' following court approval

Crypto lending platform Celsius has reported that certain users will be able to take out 100% of their original funds more than 300 days after the platform froze withdrawals.

05.05 / 21:19

business Blockchain coinbase inflation IBM Bitcoin Crypto Biz: Hyperinflation and Bitcoin wagers, AI replacing first jobs and more

United States inflation and how it might affect the price of Bitcoin (BTC) are two of the top concerns on investors’ minds around the world. To illustrate, one prominent crypto personality bet big bucks on the future of the U.S. economy: the former Coinbase executive recently paid out $1.5 million to settle a Twitter wager about possible hyperinflation in the American economy.

05.05 / 19:37

business regulation Apple Research Machine Learning iphone Tim Cook says Apple will weave AI into products as researchers work on solving bias

CEO Tim Cook gave a rare, if guarded, glimpse into Apple’s walled garden during the Q&A portion of a recent earnings call when asked his thoughts on generative artificial intelligence (AI) and where he “sees it going.”

05.05 / 18:13

business Government Blockchain CBDC Financial Services Bank of China BNP Paribas teams up with Bank of China to promote digital yuan usage

The French bank BNP Paribas is collaborating with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, the South China Morning Post reported.

05.05 / 17:39

business banking Oil and Gas Bitcoin PacWest Bank plummets 50%! How will Bitcoin react?

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.

05.05 / 13:53

business Blockchain Adoption Metaverse Decentralization Emerging tech to create “new ethics” for humankind: MEWS 2023

In recent years emerging technologies have been pervasive in many major industries around the world. Whether it’s blockchain used to help combat climate change or artificial intelligence (AI) projected to drive economic growth.

05.05 / 08:27

business Technology Adoption Google Web3 Open Source open Google engineer concerned about losing AI edge to open source

According to a critique written by a senior software engineer at Google, the company is losing its advantage in artificial intelligence (AI) to the open-source community. The engineer contends that independent researchers in open-source technology are making swift and unforeseen strides in AI technology.

05.05 / 06:17

business regulation Microsoft Google white house US vice president gathers top tech CEOs to discuss dangers of AI

The United States vice president and President Biden’s top advisors have held a meeting with several AI industry CEOs to discuss “concerns about the risks associated with AI.”

05.05 / 06:17

business Adoption SEC coinbase us government Congress Coinbase remains '100% committed' to US market: Armstrong

United States-founded cryptocurrency exchange Coinbase has no plans to move its operations out of the U.S., CEO Brian Armstrong told investors in an Q1 earnings call.

05.05 / 04:37

business Report stocks Bitcoin Stock Investment Cash App Bitcoin revenue tops $2 billion in the first quarter

Fintech firm Block, owned by Twitter founder Jack Dorsey, has reported a staggering $2.16 billion in Bitcoin (BTC) revenue on its bellwether product Cash App in Q1.

05.05 / 01:29

business Binance regulation Court Bankruptcy creditors Voyager creditors could start seeing funds in the ‘next few weeks’

Funds stuck on the platform of bankrupt crypto broker Voyager Digital may begin returning to creditors in "the next few weeks," according to a committee of Voyager creditors.

05.05 / 00:29

business SEC coinbase income Press Release share price Coinbase share price spikes 7.9% as Q1 results beat expectations

Crypto exchange Coinbase managed to significantly narrow its net loss in the first quarter of 2023, due in part to robust earnings from retail investor trading activity.

04.05 / 19:11

business Microsoft Machine Learning Bot ChatGPT Microsoft axes Bing wait list, giving users free access to GPT-4

Microsoft recently announced a slew of new artificial intelligence (AI)-powered features for its Bing chatbot and Edge web browser. Chief among the changes, Bing users now have full access to the GPT-4 model — the same underlying engine that powers ChatGPT’s “Plus” subscription service.

04.05 / 18:51

business Investments Trading economy Stock Investment There’s a simple formula for adding crypto to your portfolio

Imagine coming home and opening your fridge to find a jar filled with your favorite juice. After taking a sip, you realize that the kind soul who prepared the juice added too much water, and there's not much you can do to fix it — removing water from juice is a complicated process. However, if instead the juice-maker was too stingy with water, you can simply dilute the juice with extra water and enjoy a perfect refreshing drink.

04.05 / 18:51

business defi DEX Decentralized Exchange Staking Arbitrum Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX

Decentralized exchange (DEX) Chronos set a new milestone on May 4, reaching $217 million in total value locked (TVL) at the time of writing, just seven days after its launch on the Arbitrum blockchain.

04.05 / 17:09

business Adoption Web3 Report Job How to attract and retain top Web3 talents — Intropia Report

One of the most critical issues in the Web3 space that needs to be resolved as soon as possible is the blockchain trilemma in addressing decentralization, security, and scalability. Only then can this industry achieve mainstream adoption.

04.05 / 11:15

business Blockchain Web3 Funding Bitget pledges $10M for Blockchain4Youth corporate responsibility project

On May 4, cryptocurrency derivatives exchange Bitget announced it would allocate $10 million over five years for its novel corporate social responsibility project. Dubbed "Blockchain4Youth," the project will provide blockchain courses and certifications through Bitget Academy and host campus lectures in partnership with universities worldwide. In addition, Bitget staff wrote:

04.05 / 06:41

business Law Bloomberg Court Media Financial Times The New York Times 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 motion to seal their identities.

04.05 / 04:49

business stocks Federal Reserve Press Release banking system US regional bank shares sink despite Fed calling banking system 'sound'

Share prices of several United States regional banks tanked in after-hours trading Wednesday, despite Federal Reserve Chairman Jerome Powell calling the banking sector “sound” and “resilient" just hours before.

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