Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.” A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.” Cointelegraph.com News
Optimism’s major ‘Bedrock’ upgrade set for June 6
The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating up. The much-needed upgrade will provide a number of improvements across the network, and come at a time when competition in the layer 2 space has been heating […]
Digital assets should be valued as ‘proper property’ — Sandbox co-founder
Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget. Around 5 billion people are online and digitally-bound assets should get the same treatment as any other type of property, says Sandbox co-founder Sebastien Borget. Cointelegraph.com News
Apple’s new headset could put a rocket under metaverse tokens
Metaverse tokens surged earlier this year amid rumors about Apple’s new virtual reality headset, will this time be different? Metaverse tokens surged earlier this year amid rumors about Apple’s new virtual reality headset, will this time be different? Cointelegraph.com News
Celsius moves $781M in stETH just as Lido withdrawals open
The bankrupt crypto lender has been moving its massive stash of staked Ethereum. The bankrupt crypto lender has been moving its massive stash of staked Ethereum. Cointelegraph.com News
SEC seeks denial of Coinbase petition for imminent crypto rules
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as enforcement. Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as enforcement. Cointelegraph.com News
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant. Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely […]
US Secret Service holds crypto, praises blockchain tech in Reddit AMA
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection. In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT collection. Cointelegraph.com News
OpenAI preps release of open source AI model: Report
The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own. The firm behind ChatGPT is seemingly under pressure from other available open-source AI models and is prepping to enter the space with one of its own. Cointelegraph.com News
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans. When asked about CBDCs during a conference on transportation, Kashkari had a response on the tip of his tongue, and it wasn’t encouraging for CBDC fans. Cointelegraph.com News