Uniswap Labs recently issued a bold response to the SEC’s Wells notice, taking a strong stance against the agency’s attempts to regulate DeFi. In a blog post on May 20, the company expressed confidence in its position and readiness to defend itself in court if necessary. It believes that the SEC’s efforts to expand its
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Reddit’s stock surged by 13.5% following the announcement of a data-sharing agreement with OpenAI, the creator of the AI chatbot ChatGPT. This partnership allows OpenAI to access Reddit’s data API in order to provide real-time content from platform posts. The goal of this collaboration is to enhance the Reddit experience with AI-powered features and create
The global cryptocurrency market capitalization has seen a slight dip of 0.6% over the past 24 hours, currently standing at $2.49 trillion. While many of the top 100 coins per market cap experienced price drops during this period, there were a few notable exceptions. Stacks (STX) recorded a significant decrease of 9% to $1.97, while
Discover innovative approaches to monetizing VR content in this groundbreaking industry. Explore virtual reality advertising, gaming, training, tourism, education, social networking, and real estate. Uncover the exciting opportunities that await in the world of VR!
Recently, Oklahoma signed a bill into law that protects crypto-related rights within the state. This new law, known as HB 3594, was approved by Governor Kevin Stitt on May 13 and is set to come into effect on November 1. Under this legislation, the Oklahoma state government is now restricted from prohibiting, restricting, or impairing
Deutsche Bank has taken a significant step towards embracing digital assets and tokenization by partnering with the Monetary Authority of Singapore in Project Guardian. This initiative aims to test the applications of asset tokenization in a regulated environment, focusing on their viability and potential integration within financial markets. The collaboration also includes Memento Blockchain and
The world of fine art is rapidly evolving thanks to advancements in technology, particularly the rise of Non-Fungible Tokens (NFTs). Audrey Ou, the CEO and co-founder of TRLab, is at the forefront of this digital art revolution. With a background in both art and technology, Ou recognized the potential of blockchain technology in revolutionizing the
Recently, two US lawmakers, Senators Cynthia Lummis and Ron Wyden, have raised concerns regarding the Department of Justice’s attempt to broaden the definition of a money-transmitting business. They argue that the DOJ’s interpretation could potentially criminalize non-custodial crypto asset software services. According to the lawmakers, this interpretation goes against the intent of Congress and contradicts
Franklin Templeton CEO Jenny Johnson recently expressed her enthusiasm for blockchain technology, highlighting its potential in revolutionizing the asset management industry. Johnson believes that ETFs and mutual funds will eventually migrate to the blockchain, citing the cost-effectiveness and efficiency of the technology. Tokenized ETFs and the Benefits of Blockchain Research analyst Kent Thune elaborates on
Russian energy firms are gearing up to target private individuals who are mining cryptocurrency at home, according to a recent report. The Russian Government Expert Council is said to be preparing to present new mining-related proposals to the Cabinet, which will be bundled into a set of crypto laws. These laws also include plans to