News
‘Every customer solution’ will be integrated with AI: Microsoft CEO
In an annual letter, Satya Nadella outlined Microsoft's plans for AI, which includes integrating AI and its Copilot across the firm’s “most used products.” Microsoft looks set to go all-in on artificial intelligence, with CEO and chairman Satya Nadella outlining...
Crypto exchange Binance restores euro services after new fiat partners
Euro payments, deposits, and withdrawals are back on for European Binance users months after the severance of services by PaySafe. Crypto exchange Binance has announced it has onboarded new partners to handle euro deposits and withdrawals, months after losing its...
Sui token struggles to regain despite denial of ‘unfounded’ allegations
The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea. Sui's native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused...
Hong Kong’s attitude toward crypto sours after JPEX saga: Survey
41% of respondents said they prefer not to hold virtual assets or cryptocurrencies — up 12 percentage points from an earlier study. Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the...
FTX customers could get $9B shortfall claim payout by mid-2024
A proposed settlement could see creditors receive a shortfall claim of $8.9 billion for FTX.com and $166 million for FTX US. Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024...
Grayscale GBTC discount falls to 16% as markets bet on Bitcoin ETF approval
Some analysts say GBTC’s discount is narrowing because investors are pricing in the SEC’s approval on several pending spot Bitcoin ETF applications. Grayscale’s Bitcoin investment vehicle, Grayscale Bitcoin Trust (GBTC) is trading at its lowest discount in nearly two...
California Gov. Newsom greenlights crypto regulation bill for 2025
The bill will mandate cryptocurrency firms to adhere to licensing requirements, maintain financial records, and provide regulators with the authority to conduct audits. California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter...
Secret Alameda recording reveals exact moment staff learned about FTX deposits
A 75-minute recording obtained by Cointelegraph shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits. A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15...
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer. The United States Space Force has temporarily banned its staff from using generative artificial tools while on duty to protect government data,...
Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator
The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored. Decentralized finance (DeFi) is yet to pose a meaningful risk to overall financial stability but does...