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22.04 / 20:01

business Hackers hacks wallet Cybersecurity Trust Wallet Trust Wallet to reimburse users after $170,000 security incident

Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has been patched, according to the company.

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

22.04 / 06:17

business regulation SEC Fraud Court Terraform Labs Terra Lawyers Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation

The lawyers representing Terraform Labs co-founder Do Kwon reportedly argued in court against the allegations pressed by the US Securities and Exchange Commission (SEC). The federal agency had sued Kwon for allegedly defrauding US investors by illegally offering unregistered securities.

22.04 / 05:33

business Investments Social Media Google cryptocurrency investment Research Bitcoin Videos Over 30% TikTok videos on crypto investments are misleading: Research

More than 1 out of 3 influencers on TikTok, the go-to social media platform for the young generation, have been found to post misleading videos about Bitcoin (BTC) and cryptocurrency investments in a recent study.

22.04 / 02:23

business Investments Web3 Venture Capital data VC funding VC funding into Web3 start-ups down 82% year-over-year: Crunchbase

According to data from Crunchbase, venture capital (VC) funding into Web3 start-ups tanked 82% year-over-year (YoY), declining from $9.1 billion in Q1 2022 to $1.7 billion in Q1 2023.

21.04 / 20:45

business regulation Microsoft MicroStrategy Lightning Network Crypto Biz: EU looks under the hood of Big Tech algorithms, Musk’s TruthGPT and more

Whether the intelligence can provide truthful answers will have to be seen, but the move would undoubtedly strengthen Musk’s business portfolio, which already includes SpaceX and Twitter, both companies sharing Musk’s curiosity about the universe and his approach to truth.

21.04 / 19:31

business Trading Venture Capital Bankruptcy 3AC founders' OPNX exchange claims to be funded by AppWorks, SIG, MIAX Group

OPNX, an exchange jointly founded by members of the Three Arrows Capital (3AC) and Coinflex teams, has revealed the venture capital firms purportedly backing it. An April 21 video posted by the company featured CEO Leslie Lamb thanking some of the major backers of the project, including AppWorks, Susquehanna (SIG), DRW, MIAX Group, China Merchant Bank International, and Token Bay Capital.

21.04 / 16:33

business Binance FTX Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO

Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread "fake rumors" about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann.

21.04 / 11:49

business Blockchain FTX Pensions pension $190B Ontario pension says no to crypto after FTX investment loss

The Onatario Teachers’ Pension Plan has decided to steer its investment away from cryptocurrencies.

21.04 / 07:07

business Gemini Asia Winklevoss Twins Job Gemini flags ‘big plans’ for Asia with India hub and regional CEO

United States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap into the country’s pool of top tech talent.

21.04 / 06:51

business Adoption Survey Research ChatGPT Over half of Americans fear ‘major impact’ by AI on workers: Survey

Nearly two-thirds (62%) of Americans think implementing artificial intelligence (AI) in the workplace will have a “major impact” on American workers within the next 20 years, leaving many employees “wary” and “worried” about what their future holds.

21.04 / 06:51

business European Union interview Michael Schumacher’s family to pursue legal action over AI interview

A German magazine has used artificial intelligence (AI) to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.

21.04 / 02:33

business Ethereum Twitter Stablecoin Banks AML 'Worst code I've ever seen': Euro stablecoin faces centralization criticism

Criticism has been leveled at a new euro-pegged stablecoin released in France due to a decision to restrict peer-to-peer transactions.

20.04 / 20:53

business Funding Venture Capital Cloud Mining Former Ethereum miner CoreWeave raises $221M in Series B

On Apr. 20, specialized cloud provider CoreWeave announced that it had secured $221 million in a Series B funding round, putting the company on track to expand operations and increase capacity in various emerging technologies.

20.04 / 18:07

business Ethereum Adoption Research Bitcoin Researchers find cryptocurrency ‘signatures of maturity’ similar to equities market

A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market.

20.04 / 17:29

business Blockchain Hong Kong Crypto crypto ETFs regulatory Despite regulatory clarity, Hong Kong crypto ETFs experience lukewarm demand

According to a report published by the Hong Kong Stock Exchange (HKSE), two Bitcoin (BTC) exchange-traded funds (ETF) and an Ethereum (ETH) ETF listed on HKSE averaged 9.30 million Hong Kong dollars ($1.19 million) in daily trading volume from Dec. 16, 2022, to Feb. 7, 2023. As the first region in Asia to provide such access to crypto ETF products, Hong Kong exchange operators praised regulator clarity for its role in "seizing opportunities in virtual asset development."

20.04 / 13:31

business defi lending cryptocurrency investment Bankruptcy exit Time Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan

BlockFi, a lender of digital assets, was given additional time to submit a bankruptcy exit plan by a New Jersey bankruptcy judge in the United States on April 19.

20.04 / 12:53

business Blockchain Adoption Payments regulation Bitcoin Payments Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential

Hashing It Out Episode 16 explores one of the most popular use cases for cryptocurrencies: payments. Elisha Owusu Akyaw is joined by Ran Goldi, vice president of payments at Fireblocks, to explore the rapidly evolving world of crypto and payments, the steps necessary for adoption, the role of stablecoins, and the hurdles — such as the collapse of crypto-friendly banks in the United States.

20.04 / 10:39

business Technology Law regulation copyrights NOT Midjourney, other AI devs strike back in court, claiming their material is not similar to artists

Midjourney, Stability AI and DeviantArt issued a response on April 18 to a group of artists who accused them of extensive copyright infringement. The artists claimed that these companies had used their work in generative artificial intelligence (AI) systems without proper authorization.

20.04 / 04:05

business Binance Court Bankruptcy Deal Voyager's $1B deal with Binance.US moves forward after deal with Feds

Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government that moves forward a $1 billion plan allowing Voyager to sell its assets to the U.S. arm ofBinance.

20.04 / 03:09

business Twitter Adoption Microsoft advertisement elon Elon Musk threatens Microsoft with suit, claims AI trained on Twitter data

Microsoft has been threatened with a suit from Tesla and Twitter chief Elon Musk who claimed the Big Tech firm “illegally” trained its artificial intelligence (AI) on Twitter data.

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