Crypto
Regulation
Congressman advances legislation to fire Gary Gensler, downgrade position
Gensler's SEC leadership has attracted controversy from the crypto industry.
AI
Elon Musk to develop artificial intelligence, founds new corporation X.AI
The news follows Musk's decision to rebrand Twitter Inc. as X Corp.
Crime
Silk Road attacker receives one year sentence for $3.4B Bitcoin theft
The perpetrator managed to conceal his actions and his stolen funds for over a decade.
Wallets
MetaMask email address leak affects 7,000 users
The data leak was the result of an attack on a third-party support provider.
Regulation
SEC reopens comments on proposed changes to “exchange” definition
The regulator's broadening of the Exchange Act could affect DeFi platforms.
Regulation
Arizona governor vetoes bill banning local taxes, fees on crypto mining
Governor Katie Hobbs' decision could see mining laws decided below state level.
Adoption
Uniswap wallet launches on Apple’s iOS App Store following earlier troubles
The project had issues launching its mobile app for iOS devices in March.
Deals
Revault Network acquired by Mati Greenspan’s Quantum Economics
Revault allows users to find DeFi vaults with the highest return at any given time.
Regulation
Binance deliberately broke the law, says CFTC leader
Chairman Rostin Benham has suggested that Binance knowingly ignored regulations.
Legal
U.S. court summons Justin Sun over SEC charges
Sun has 21 days to respond. He has seemingly branded the development FUD.
Regulation
Gemini submits filing to stay open in Canada
The company has submitted a pre-registration undertaking with regulators.
Staking
Ethereum completes Shanghai upgrade
The upgrade allows validators to withdraw staked funds for the first time.