UK regulator scrutinizes Big Tech's role in AI industry

Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price.BTC/USD 1-day candle chart on Bitstamp. Source: TradingViewInflation specter haunts crypto marketsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,380 on Bitstamp.A modest recovery then took the pair to a range familiar from several days prior,…

The Arbitrum token airdrop led to a massive dump of ARB tokens and projects in the Arbitrum ecosystem in a “sell-the-news” type of event. However, the Ethereum Layer-2 activity remains strong, with the selling pressure of ARB tokens likely done with, making the rollup well-positioned for further growth.Arbitrum ecosystem tokens sees sell-the-news type eventThe Arbitrum…

Polygon’s Mudit Gupta said that despite moving fast in theoretical security, the crypto space is “so far behind” when it comes to practical security. 253 Total views 17 Total shares While private or mnemonic keys offer many advantages for security, they also present practical challenges, according to Mudit Gupta, the chief information security officer of layer-2…

Bitcoin (BTC), the entire crypto sector and the S&P 500 index are correcting on April 6, which highlights the tight correlation between the two sectors.Despite the weakness, institutional investors do not seem to be halting their purchases, suggesting that they remain bullish in the long term. Terra used the dip to buy an additional 5,040 Bitcoin,…

Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets, but was also considering the potential growth of NFTs and the metaverse. 32 Total views 20 Total shares The Canadian operations of Big Four auditor Klynveld Peat Marwick Goerdeler, or KPMG, may have a role to…

The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.” 906 Total views 7 Total shares Lawyers for major fast food chain Jack in the Box have filed a lawsuit…

Binance made a public apology after releasing an emoji that looked like a swastika on Twitter. 97 Total views 2 Total shares Binance, the world’s largest cryptocurrency exchange, released a new Binance Emoji on Twitter that users noticed bore a striking resemblance to a swastika. On Wednesday morning, Binance CEO, Changpeng Zhao (CZ) retweeted Binance’s original…

Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24.Binance adds three new NGN trading pairsPer the announcement, NGN deposits will be processed by online payments processor Flutterwave and the exchange is also adding three new trading pairs: USD/NGN, Binance Coin/NGN and Bitcoin/NGN.To promote the use of…

From comparing the project to Apple and Ethereum to bringing up network outages, the community reacted to the new Web3 phone by Solana. 332 Total views 23 Total shares The Solana (SOL) team has brought mobile phones to Web3 after revealing Saga, Solana’s Android mobile device that will go out with the project’s latest stack…