Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”
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Block.one Launches ‘Coding for Change’ Virtual Hackathon
Blockchain software publisher, Block.one, announced on April 24 that the EOSIO Virtual Hackathon “Coding for Change” will officially launch on May 1, 2020.The primary purpose of the virtual hackathon, which will last until June 1, 2020, is to collect blockchain-based solutions that help solve new challenges in the post-pandemic world.The organizing company highlights that these…

Judges hear oral arguments in Grayscale suit against SEC over BTC spot ETF rejection
A panel of three judges heard the sides’ arguments and posed significantly more questions about the SEC’s stance, leading to speculation about their leaning. 99 Total views 2 Total shares Own this piece of history Collect this article as an NFTA panel of judges heard oral arguments in the Grayscale Investments suit against the United…

Blast airdrop to launch June 26, distributing 17% of supply to early users
The Blast team announced that its token airdrop would commence on June 26 and that users who bridged assets to the network or used its apps would receive tokens.

US: SEC and CFTC Aim for Literacy in Digital Assets, Blockchain Analysis
The chairmen of two United States financial regulators, the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) testified before Congress today, May 8.The hearings before the Senate Committee on Appropriations served to inform the Senate on the agencies’ budgetary needs while outlining various objectives and initiatives.In their respective testimonies, SEC Chairman…

Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

54% of Salvadorans are not familiar with Bitcoin, survey suggests
A new survey suggests that most Salvadorans still don't have a clear understanding of Bitcoin or crypto. 257 Total views 29 Total shares El Salvador has made global headlines with its president's controversial introduction of Bitcoin (BTC) as legal tender – a move that has sparked dissent from many local citizens and was met with…

Cybercrime task force monitoring the global digital financial system
The United States faces a growing threat of transnational cybercrime, particularly against its financial system. In what may be the largest prosecution of its kind in U.S. history, the U.S. Department of Justice has charged Texas tech billionaire Bob Brockman in a 39-count indictment with evading $2 billion in taxes. The businessman used encrypted devices…

Australia to impose capital gains tax on wrapped cryptocurrency tokens
Delivering a major hit to Australian crypto investors, the ATO stated that wrapping or unwrapping tokens — irrespective of their price at the time — will be subject to capital gains tax. 198 Total views 2 Total shares The Australian Taxation Office (ATO) has issued guidance on capital gains tax (CGT) treatment of decentralized finance