Crypto news

OpenAI CEO warns of potential exit from Europe if the firm fails to meet regulatory requirements for the forthcoming AI rules. OpenAI, the brains behind the famous and controversial artificial intelligence (AI) ChatGPT, said Wednesday that it might consider leaving Europe if it faces challenges complying with the upcoming AI regulations in the region. Based in the United States, OpenAI encountered a major legal snag in Italy last month when its Data Protection regulator banned it from...

[PRESS RELEASE – Tokyo, Japan, May 25th, 2023] Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name “Herencia Artifex” (abbreviated HXA) is Latin for “Herencia” (inheritance) and “Artifex” (artist). The HXA project aims to use NFT to pass on outstanding artists and crafts. This genre-transcending artistic collaboration in the Web3...

[PRESS RELEASE – Singapore, Singapore, May 25th, 2023] The Open Network (TON), a revolutionary technology to unite all blockchains and Web2 internet into one open network, in collaboration with DWF Labs and Amazon Web Services (AWS), is hosting a decentralized finance (DeFi) and Data Analytics Hackathon, Hack-a-TON x DWF Labs x AWS. The hackathon provides developers interested in DeFi and data analytics with the opportunity to design, code, learn and network as they bring...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $0.880 level against the US Dollar. The price is now trading below $0.850 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.851 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a downside correction from the $95 zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair...

Florida Governor Ron De Santis has officially announced that he’s entering the United States 2024 Presidential race, poised to be former President Donald Trump’s greatest opponent within the Republican primary.  Unlike Trump, De Santis has pushed pro-crypto policy multiple times in the past and is staunchly opposed to Central Bank Digital Currencies (CBDCs). De Santis Would Protect Bitcoin De Santis announced his plans to run in a Twitter Spaces alongside the platform’s...

South Korea’s ruling party has called for early enforcement of the law that seeks the country’s lawmakers and high-level government officials to declare their cryptocurrency-related assets. The proposed bill would require local officials and lawmakers to declare all personal crypto holdings over 1 million Korean won (worth around $760). The move was prompted by a major crypto scandal involving a former lawmaker of the opposing party. Calls to Expedite Bill A report by Yonhap...

American basketball legend Shaquille O’Neal is facing a new lawsuit for promoting the Solana-based crypto project, Astrals. According to the class action lawsuit filed with a Floridan court by plaintiff Daniel Harper, Shaquille shilled the Astrals token through posts and videos on several of his social media handles. O’Neal Faces Lawsuit Over Astrals Project According to the lawsuit, Astrals is a 3D-modeled NFT collection founded by the NBA celebrity alongside his son, Mylers...

In response to the SEC’s arguments against its petition for a writ of mandamus, Coinbase said the financial regulator “is talking out of both sides of its mouth, and it is wrong at each end.” The crypto exchange’s chief legal officer Paul Grewal described the mandamus as “the tailor-made remedy for the extraordinary facts.” The longstanding dispute between the crypto exchange and the market regulator is at the heart of the battle. Last month, Coinbase sued the SEC, claiming...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The London Stock Exchange Group (LSEG) has joined hands with Global Futures and Options (GFO-X) to give the U.K. access to regulated trading and clearing in both bitcoin index futures and options. The U.K. is Changing Its Attitude Towards Crypto The U.K. has had a very up-and-down history with bitcoin and...