News Editor
How blockchain could empower AI revolution
TL;DR Breakdown
Blockchain, with its data management and security capabilities, is pivotal in the transition towards automation and AI.
Blockchain boosts the credibility of AI by...
BlackRock’s crypto journey: From skepticism to embracing digital assets
TL;DR Breakdown
BlackRock, the world's largest asset manager, has filed for a spot Bitcoin ETF, showcasing a shift in its previous skepticism towards cryptocurrencies.
The firm's...
Tether breaks silence on account deactivation controversy
TL;DR Breakdown
The New York Attorney General (NYAG) released documents indicating that Tether deactivated approximately 29 accounts belonging to prominent cryptocurrency players in 2021.
However, the...
BlackRock’s application for Bitcoin ETF sparks clarification and potential breakthrough
TL;DR Breakdown
BlackRock's iShares unit filed an application for the iShares Bitcoin Trust, raising questions about its classification as an ETF or a trust similar...
DAI surpasses BUSD to become the third-largest stablecoin
TL;DR Breakdown
DAI has surpassed BUSD to become the third-largest stablecoin by market capitalization.
DAI's unique features, including over-collateralization and redemption mechanisms, have contributed to its...
Wyre gives up in the face of market turbulence and halts...
TL;DR Breakdown
Wyre has announced that it has started its wind-down process and is currently accepting inquiries from potential buyers of the company's assets.
Wyre's commitment...
Charles Hoskinson, Cardano founder, explores the unknown to find the truth...
TL;DR Breakdown
Charles Hoskinson, the founder of Cardano, embarks on a thrilling expedition to search for extraterrestrial life and investigate UFOs using technology, science, and...
Coinbase’s 4% USDC rewards shake up the market amid SEC charges
TL;DR Breakdown
Coinbase introduces 4% USDC rewards, doubling profit potential for users.
SEC charges against Coinbase allege illegal securities offers.
Amid regulatory scrutiny, Coinbase clarifies that users...
Blockchain Assoc. Files FOIA Request With SEC Over Prometheum’s Broker-Dealer Approval
TL;DR Breakdown
Prometheum's recent approval for the SPBD has raised suspicions within the blockchain community.
The Blockchain Association has filed a FOIA request with the SEC...
3AC Co-founder Faces Contempt Charges Amidst Bankruptcy Proceedings
TL;DR Breakdown
Co-founder Kyle Davies of Three Arrows Capital (3AC) is being pursued contempt of court for ignoring a subpoena related to the bankruptcy proceedings...
