Bitget launches yield-bearing BGUSD backed by RWA Crypto exchange Bitget is entering the competitive realm of real-world asset (RWA)-backed products with the launch of BGUSD. This will be a yield-bearing stable asset that will offer daily returns... Nazia Saeed — 2 months ago
France arrests over a dozen suspects tied to crypto kidnapping cases French authorities have arrested more than 12 individuals, including several minors, in connection with two recent high-profile kidnapping cases believed to be linked to cryptocurrency, according to a report by... Nazia Saeed — 2 months ago
‘Crypto Dad’ Christopher Giancarlo joins Sygnum to steer regulatory strategy Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and widely known as “crypto dad,” has joined Sygnum Bank as a senior policy adviser, the Swiss... Nazia Saeed — 2 months ago
Nvidia plans budget AI chip for China in response to U.S. export controls Nvidia is reportedly preparing to launch a lower-cost AI chip specifically for China, in response to ongoing U.S. export restrictions that have barred the company from selling its high-end models... Nazia Saeed — 2 months ago
ChatGPT and Codex models found dodging shutdown commands in experiments Several AI language models developed by OpenAI appear to have ignored or sabotaged shutdown commands during controlled experiments, raising fresh questions about the alignment and behavior of advanced artificial intelligence... Nazia Saeed — 2 months ago
Are U.S. banks planing to develop a stablecoin?: Report Some of the largest banking institutions in the United States are reportedly in early discussions to jointly develop and issue a stablecoin, according to a May 22 report from The... Nazia Saeed — 2 months ago
Cetus offers $6M bounty after $220M hack, Sui faces backlash Sui-based decentralized exchange (DEX) Cetus is grappling with the aftermath of a massive $220 million exploit by offering a $6 million white hat bounty to the perpetrator, while the Sui... Nazia Saeed — 2 months ago
Michigan lawmakers introduce four crypto bills targeting retiree funds Michigan’s legislature took a major step toward crypto policy reform this week, with lawmakers introducing four separate bills on May 21 addressing cryptocurrency investments in state retirement funds, limitations on... Nazia Saeed — 2 months ago
Massachusetts man sentenced to six years for laundering millions in Bitcoin A Massachusetts man who operated an unlicensed, cash-to-Bitcoin exchange described by federal prosecutors as a “no questions asked” operation has been sentenced to six years in prison and ordered to... Nazia Saeed — 2 months ago
FIFA teams up with Avalanche to launch custom blockchain for NFT FIFA has announced a major step in its digital fan experience strategy. In a move to elevate its blockchain-based offerings, the Fédération Internationale de Football Association (FIFA) has partnered with... Nazia Saeed — 2 months ago
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