Crypto news

Brad Garlinghouse, the chief executive officer of Ripple Labs, has called on lawmakers in the United States to look into assertive statements made by Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), about the American crypto industry. Garlinghouse’s comments come as Gensler told a House Appropriations Committee in a recent hearing that there is no need for additional legislation for crypto assets, as already existing securities laws are sufficient...

Bitcoin is on the brink of re-emerging above $30,000 for the first time since June 2022. As excitement abounds, how are indicators looking for the asset both on and off chain?Crypto market intelligence platform Santiment recently analyzed some observable impacts and triggers of Bitcoin’s latest price moves, noting rising social volume and dominance compared to other cryptos.  Bitcoin’s Dominance Returns Per a blog post from Santiment on Thursday, Bitcoin’s Social Volume and...

Bitcoin is making its way out of Binance after the Commodities and Futures Trading Commission (CFTC) sued the exchange earlier this week, on-chain data shows.  Though bearish for the world’s largest crypto exchange, the wave of outflows doesn’t appear to have triggered any significant migration from the decentralized finance (DeFi) ecosystem.  Binance Outflows Surge According to data provided by IntoTheBlock, Binance has experienced a 60% surge in BTC withdrawals over the...

In a press release, the GDDP said it is investigating ChatGPT following a ban on the wildly popular OpenAI chatbot. Italy has become the first Western nation to officially ban the artificial intelligence chatbot ChatGPT over privacy concerns. The European country seeks to launch an investigation regarding suspected breaches of its data privacy rules. This investigation would also ascertain whether the OpenAI chatbot complied with General Data Protection Regulation. On Friday, the Italian...

Northeast Pennsylvania is the present home of a new bitcoin experiment. Known as Nautilus, the experiment is about to go live online, and it’s hosted by a firm called Terawulf. Nautilus Will Soon Be Online Nautilus is a mining facility. At first glance, this doesn’t sound all that exciting given mining is something all crypto fans are used to hearing about. After all, mining is what gives birth to crypto units like bitcoin. However, what’s unique is that Nautilus is set...

There is good news and there is even better news. The good news is that bitcoin has been doing relatively well as of late. The currency recently hit a six-month high and many investors are becoming more hopeful that the horrors of 2022 are finally being left behind for good. The even better news is that bitcoin adoption appears to be growing, as use of the Lightning Network has hit a new high. Use of the Lightning Network Is More Common Than Ever The heavy use of the...

The past seven days made for quite an exciting week in the cryptocurrency field, despite the fact that some of the events weren’t particularly positive. However, the market managed to stabilize and consolidate, gaining around $14 billion in the process. Let’s dive in. On March 27th, the United States Commodities and Futures Trading Commission (CFTC) slapped Binance – the world’s leading cryptocurrency exchange – with a lawsuit. The 74-page complaint also included its CEO,...

Tesla CEO Elon Musk appears set to visit China amid an increasingly frosty relationship between Beijing and Washington.  Elon Musk reportedly plans to visit China in April to meet with the country’s Premier Li Qiang. However, inside sources explained that the timing of Musk’s visit remains subject to Li Qiang’s availability. The Elon Musk trip to China would be the first time the Tesla (NASDAQ: TSLA) CEO would visit the East Asian nation since Covid. Musk last visited China when President...

Though the Coinbase CEO is very clear in his support for ChatGPT, many other tech leaders blatantly disagree with him. Brian Armstrong, the Chief Executive Officer (CEO) of American publicly traded crypto exchange Coinbase Global Inc (NASDAQ: COIN) has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI. Armstrong took to his Twitter page to dissociate himself from the call for the halt as he noted that for advancement to be made, fear must...

[PRESS RELEASE – Please Read Disclaimer] Web3 Gaming Leader Pink Moon Studios’ CBDO, Tomer Warschauer Nuni, Joins the prestigious invitation-only Forbes Business Development Council. Tomer Warschauer Nuni, CBDO of Pink Moon Studios, a leading web3 gaming studio and gaming technology powerhouse, has been accepted into the prestigious Forbes Business Development Council. This invitation-only community is reserved for senior-level sales and business development executives who...