Visa, Microsoft and others join Brazilian CBDC pilot
Both national and global companies will participate in the upcoming pilot project of the Brazilian…
Month: May 2023
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa…
Gemini files to dismiss SEC’s lawsuit over its earn product
Gemini called the SEC’s lawsuit as “ill-conceived” against its Earn Product which offered yields to…
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was previously increased to 1% in December 2022, and led to…
Chinese city releases policy draft for metaverse industry development
The policies include a series of cash benefits to attract metaverse-related companies to set up…
OpenAI launches grant for AI democratic governance project
The company behind ChatGPT announced it would award 10 grants of $100,000 to teams worldwide…
JPMorgan Chase enters generative AI race with IndexGPT trademark
JPMorgan’s ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting…
Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two…
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The ETH balance decline began in September 2022, dropping significantly in November and December after…
Bitcoin reaches ‘decision point’ — 4 BTC price metrics to watch
Bitcoin bulls are sitting on their hands but need to combat short-term sellers rapidly losing…
A16z releases anonymous voting system for Ethereum
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until…
A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to…
Twitter’s $42K API access plan could harm crypto research
Twitter emailed researchers to let them know they’ll either have to delete their data or…
EU regulator urges crypto firms to disclose regulatory status of products
The ESMA reminded investment firms that crypto would remain unregulated in most jurisdictions despite upcoming…
Cronos Labs launches second cohort of $100M Web3 accelerator
On May 15, the chosen projects commenced the 12-week program after being granted seed funding…
