Crypto
AI
Amazon, Microsoft AI partnerships face potential UK antitrust probe
The UK Competition and Markets Authority is currently inviting comments.
ETF
Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays
The SEC is expected to reach a decision on Ethereum ETFs in May.
Investments
Jane Street Capital now holds over 5% of Coinbase stock
The firm held less than 2% of the crypto exchange's outstanding shares in December 2023.
Legal
SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon
The agency also seeks conduct-based and "obey-the-law" injunctions.
Adoption
Hoskinson says PRAGMA adds ‘second set of eyes’ to Cardano but won’t speed development
A new community association aims to support the Cardano ecosystem.
Politics
Robert F. Kennedy, Jr. wants to put US budget on blockchain for 24/7 transparency
The public could inspect government spending 24/7 under the plan.
Legal
SEC lawyers resign following controversial DEBT Box case
Lawyers Michael Welsh and Joseph Watkins have reportedly stepped down.
Legal
FTX investors agree to drop civil lawsuit against SBF if he snitches on celebrity promoters
A settlement could see Sam Bankman-Fried assist plaintiffs in court.
Taxes
IRS draft tax form for crypto defines unhosted wallets as brokers
The controversial tax form has not been finalized.
Adoption
Chainalysis proposes $10 million Polkadot partnership to provide analytics solutions
The services provided by Chainalysis will include monitoring and tracing the DOT token activities on the Relay Chain, ensuring visibility of any potentially risky on-chain actions.
Legal
SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action
According to the watchdog, Sun spent over 380 days in the US between 2017 and 2019 and made business trips to major cities, including New York City, Boston, Massachusetts, and San Francisco.
AI
Meta announces Llama 3, launches dedicated AI web portal
The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B parameters.