Crypto
Regulation
CFTC issues digital asset clearing warning; agency member calls for rulemaking
Commissioner Kristin N. Johnson wants to see formal rules put in place.
Crime
SEC settles Coinbase insider trading scheme charges with Wahi brothers
Ishan and Nikhil Wahi have settled with U.S. securities regulators.
Exchanges
CoinEx takes advantage of Hong Kong rules following U.S. regulatory woes
The company is establishing a new exchange called "BitHK" for Hong Kong users.
Regulation
Binance’s CZ dispels FUD, speculates on next big crypto trend in new interview
Changpeng Zhao appeared on the Bankless podcast to discuss those matters.
Adoption
Solana aims to grow 100x through small business, infrastructure partnerships
Co-founder Raj Gokal commented on the company's partnerships and plans.
Regulation
Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product
Gemini's legal counsel insists that the product was not a security.
Privacy
Ethereum gets private on-chain voting tool through a16z’s ‘Cicada’
Unveiling Cicada, the private on-chain voting tool for Ethereum developers, and its game-changing potential using time-lock puzzles.
AI
UK Prime Minister Rishi Sunak considering new rules to regulate AI amid concerns of ‘existential threats’
Rishi Sunak makes efforts to update AI regulations for ensuring public safety amidst rapid technological advancements.
Bankruptcy
Unbanked shuts down crypto services, says US regulations prevented fundraising
The card and trading service has urged users to withdraw all balances.
Bankruptcy
DCG shutters TradeBlock institutional trading platform
One of DCG's institutional services is closing by the end of May due to a tough crypto market and regulatory landscape.
AI
Circle CEO says that AI bots are transacting USDC, creating wallets
Jeremy Allaire said that his firm is "already hearing" about AI applications.
Politics
Blockchain.com CEO says there’s never been ‘as high a chance’ of US default, while Tether CTO considers it unlikely
Executives from both firms have commented on the looming debt default.