Crypto
NFTs
Britain’s fourth largest newspaper offers free King Charles coronation NFTs
The Evening Standard is allowing Nifty Gateway users to mint their own cryptocollectible featuring the famous St. Edwards Crown.
AI
Google could lose the AI race, leaked doc says
A Google engineer suggested that his company should work with the open-source community — something that it has done with browsers, Android, and crypto.
Regulation
Binance probed by DOJ over potential Russian sanctions violations
The company and its executive have not been charged with wrongdoing.
Politics
Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
Senator Warren drew attention to illicit activity by Russia, North Korea, and Iran.
Regulation
Israel seized nearly 200 Binance accounts over terrorism links over two years
The seized accounts reportedly are tied to Hamas and Islamic State (ISIS).
Bankruptcy
Voyager intends to start returning customer funds in coming weeks
The bankrupt firm will likely "go effective" with its plans unless an objection is filed.
Earnings
Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2
The company commented on its downsizing and said it aims to "do more for less."
Metaverse
Avalanche, Alibaba Cloud partner on blockchain metaverse suite
"Cloudbase" will allow users to launch a metaverse in 15 minutes.
Bankruptcy
FTX seeks to claw back $3.9B from Genesis; undersold SUI contracts by 1000x
FTX's bankruptcy trial continues as creditors await compensation.
Legal
Former OpenSea executive Nate Chastain convicted in insider trading case
Chastain made $50,000 in illegal profits from insider NFT trading.
Regulation
Texas regulators target crypto tokens capitalizing on Elon Musk, TruthGPT
SF entrepreneur Horatiu Charlie Caragaceanu allegedly promoted the assets.
Mining
Robert Kennedy Jr. condemns Biden’s proposed 30% Bitcoin mining tax
Kennedy believes that video games use about as much energy as crypto mining.