Crypto
Partnerships
Polygon partners with Google Cloud as Filecoin breaks into cloud market
Two blockchain projects have announced extensive cloud computing efforts.
Regulation
Coinbase suggests SEC action is motivated by Gary Gensler’s own views
CLO Paul Grewal said that neither Coinbase nor the legal landscape has changed and that those factors could not have motivated the SEC's actions.
Trading
Arkham denies erroneous Bitcoin alert; says alert was sent just after 6% crash
News source DB claimed that a U.S. government address was active based on that alert.
AI
Meta says 40% of Instagram content is AI-recommended; retains Metaverse focus
Executives discussed the firm's plans for AI in content discovery, advertising, and more.
AI
Snapchat integrates AI chatbot that users need to pay to turn off
The bot's mandatory presence and access to personal info have provoked controversy.
Stablecoins
Circle introduces cross-chain USDC protocol
USDC can now be quickly transferred between Avalanche and Ethereum.
Layer-2
Lens Protocol launches scaling solution ‘Momoka’
The layer 3 scaling solution is currently being tested by one app, Lenster.
AI
Microsoft’s latest investor call describes AI focus, names corporate users
Microsoft named AI development as one of its top priorities during its Q3 earnings call, which took place on April 25.
AI
Solana unveils ChatGPT plugin that retrieves on-chain data
The plugin can retrieve account data, information about NFTs, and more.
Bankruptcy
CoinLoan halts all withdrawals, user services
The company's bankruptcy is implied in a legal notice but has not been confirmed.
Bankruptcy
FTX to sell LedgerX to company linked to OPNX controversy for $50M
LedgerX will be sold to Miami International Holdings, Inc. pending an agreement in May.
Regulation
CFTC commissioner says there is no ‘immediate path forward” with Binance
The two parties have not decided to settle or go to court, Commissioner Johnson said.