News
Coinbase may withdraw its support for the CLARITY Act due to a provision that bans stablecoin rewards. The company argues that this restriction could hinder innovation and the growth of the stablecoin market. Coinbase's Chief Legal Officer emphasized the importance of allowing companies to offer rewards to users
News
Federal Reserve Chairman Jerome Powell has reportedly connected the Department of Justice's investigation into his actions to his decision to maintain interest rates against former President Trump's wishes. This investigation arises from Powell's independent stance on monetary policy, which Trump publicly criticized. Powell emphasized
News
In a challenging year for the cryptocurrency market, memecoins have been particularly affected, with 11.6 million tokens failing. The downturn has led to significant losses for investors, as many of these tokens lacked fundamental value and were driven primarily by speculation. The overall market sentiment has shifted, prompting a
News
The studio behind "Baldur's Gate 3," Larian Studios, announced that its upcoming game "Divinity" will not feature AI-generated art. This decision reflects the studio's commitment to traditional artistic methods and the value of human creativity in game design. Larian emphasized the importance
News
A new House bill has been introduced that aims to prohibit politicians from using prediction markets, which are platforms that allow users to bet on the outcomes of future events. Proponents of the bill argue that such practices could lead to conflicts of interest and undermine public trust in political
China
Elon Musk's platform X has introduced a feature called "smart cashtags," which allows users to track cryptocurrency prices directly within the platform. This announcement comes just a day after the crypto community expressed dissatisfaction with X's previous handling of crypto-related content. The new feature
China
JPMorgan has minimized concerns regarding the threat posed by stablecoins, despite warnings from local bankers about a potential $6.6 trillion risk to the financial system. The bank's analysts argue that the impact of stablecoins on traditional banking is manageable and that their growth is unlikely to disrupt
China
Insiders report that DeepSeek V4, an advanced AI coding tool, is set to outperform existing models like Claude and ChatGPT in coding tasks. The launch is anticipated within weeks, generating excitement in the tech community. DeepSeek V4 is expected to leverage enhanced algorithms and training data to improve its coding
China
Walmart and Google are collaborating to develop AI agents aimed at transforming the online shopping experience. These AI tools will assist customers in finding products, making recommendations, and streamlining the purchasing process. The partnership reflects a growing trend among retailers to leverage artificial intelligence to enhance customer engagement and improve
News
India has implemented stricter Know Your Customer (KYC) requirements for onboarding cryptocurrency users, aiming to enhance regulatory oversight and prevent illicit activities. The new rules mandate that crypto exchanges and service providers verify the identity of users through government-issued identification and additional documentation. These measures are part of a broader
News
An analyst suggests that the ETH-BTC trading ratio reached its lowest point in April, similar to patterns observed in the 2019 cryptocurrency cycle. This historical comparison indicates potential for a bullish reversal for Ethereum against Bitcoin. The analyst emphasizes that such trends could signal a shift in market dynamics, potentially
News
On October 12, 2023, Bitcoin experienced a notable price surge, climbing above $30,000 for the first time in several months, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price rising alongside Bitcoin, as the overall cryptocurrency market capitalization approached $1 trillion. Regulatory