Crypto
Regulation
SEC tells financial professionals that crypto assets demand ‘heightened scrutiny’
The SEC aims to influence how financial advisors recommend investments.
Exchanges
Brazil investigating Binance over illegal derivatives offerings
Customer service agents allegedly told users how to circumvent restrictions.
Exchanges
Coinbase obtains license to operate in Bermuda
The company could open an offshore derivatives exchange in the immediate future.
Earnings
Tesla kept $184M Bitcoin balance in Q1 2023
The electric vehicle company did not gain or lose value on its digital assets.
Mining
Russia plans to permit foreign crypto mining
The possibility is related to other permissions around international crypto settlements.
Rumors
A16z hints at blockchain product by imitating Coinbase’s ‘blue dot’ campaign
However, the firm might not follow Coinbase's reliance on Optimism.
Bankruptcy
FTX relaunch could be funded by Tribe Capital
Tribe invested in FTX and FTX.US before both exchanges collapsed in 2022.
Featured
SEC’s Gary Gensler says he has never owned crypto
The SEC chair dismissed digital assets as "highly speculative" during testimony.
AI
Microsoft building in-house AI chip “Athena”
The chip is currently available to some Microsoft and OpenAI employees for testing.
AI
Elon Musk says he’s developing TruthGPT to offset ‘left-wing lies’ in chatbots
Musk's truth-seeking chatbot aims to reduce AI risk and reduce what he says is a left-wing bias.
CBDCs
IMF denies involvement in purported CBDC
The global financial group says it is not connected to Unicoin or its parent firm.
Regulation
NYDFS will charge cryptocurrency companies for supervision
The new rule will apply to New York firms holding the state's BitLicense.