Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst. “The market may be underestimating how quickly Bitcoin could surge…
South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont
South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services, which had accused the crypto exchange of offering unregistered securities. The lawsuit…
France’s state bank earmarks $27M for crypto with ‘strong French footprint’
France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects. Bpifrance said in a March 27 press release that it would…
EU watchdog wants insurers’ crypto holdings 100% covered, citing volatility
The European Union’s insurance authority has proposed a blanket rule that would mandate insurance firms to maintain capital equal to the value of their crypto holdings as part of a measure to…
Over 400 South Korean officials disclose $9.8M in crypto holdings
South Korea’s Ethics Commission revealed that high-ranking public officials in the country hold an average of 35.1 million won ($24,000) in crypto assets. On March 27, the country’s Ethics Commission for Government…
‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami
ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. …
‘Stablecoin multiverse’ begins: Tether CEO Paolo Ardoino
Paolo Ardoino, CEO of stablecoin issuer Tether, said the industry has just entered a new era, marked by an influx of stablecoin solutions from both private companies and governments. In a March…