Anthropic jumps in on tug-of-war over California AI bill
Things are heating up on the AI legislation front with Anthropic voicing its support of an AI bill introduced by senator Scott Wiener, one which received a letter of opposition from OpenAI.
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Delta Cryptocurrency Exchange Launches Interest Rate Swaps
The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves. 397 Total views 35 Total shares Singapore-based Delta Exchange has announced the launch of interest rate swaps (IRS) on DeFi rates, flash rates on Bitfinex, and interest rates on the BitMEX perpetual swap, starting today.According to the…

3 reasons Bitcoin abruptly dropped by 7.4% overnight
The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions.There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.BTC/USD 15-minute…

United Kingdom High Court freezes Craig Wright's assets
The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright.

Vitalik Buterin’s Privacy Pool idea is interesting, but it’s just the start
By now, most of the cryptosphere has heard of Privacy Pools — a project launched this year by Ameen Soleimani, a well-known developer and founder. As a former contributor to Tornado Cash, Soleimani aimed to “fix” the popular open-source solution for anonymising Ethereum transactions in order to make it regulator-friendly.The original teaser, shown in March

Bank of China ex-advisor calls Beijing to reconsider crypto ban
The current crypto ban in China is beneficial in the short term, but there are big opportunities that can be missed in the long run, the economist argued. 41 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe idea of lifting the cryptocurrency ban has started floating in…

Ripple's $25M donation powers Fairshake PAC's crypto advocacy in 2024
Ripple is at the top of a long list of crypto industry notables supporting the super PAC.

300 ETH sale caps wild week for Axie Infinity
While a rally in the latter half of the week saw major names across the decentralized finance (DeFi) ecosystem climb upwards of 100%, Axie Infinity -- the Pokemon-inspired NFT game -- carried the banner for the NFT space, capping off a wild week of progress with a record-breaking 300 ether (roughly $130,000) sale. The eye-poppingly expensive…

DeFi’s Recent, Costly Setbacks Serve as Lessons for the Sector
The “hack” of the DAO runs deep into the collective memory of the cryptocurrency community. After an extremely successful crowdfund in May 2016, the DAO lasted a little over a month before an attacker started to drain funds from the smart contract, taking around $70 million worth of Ether (ETH). However, as some pointed out at…