Coinbase Unveils Trading For Cosmos-Based DeFi Altcoin
Coinbase will allow its users to trade the Osmosis (OSMO) decentralized finance (DeFi) altcoin. OSMO is a DeFi altcoin running on the Cosmos blockchain. Coinbase, Go to Source
Gemini files to dismiss SEC’s lawsuit over its earn product
Gemini called the SEC’s lawsuit as “ill-conceived” against its Earn Product which offered yields to customers against their crypto deposits. Gemini Trust Co., a cryptocurrency exchange, and bankrupt lender Genesis…
MakerDAO proposal seeks to hike DAI savings rate to 3.33%
The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO. The…
Chinese city releases policy draft for metaverse industry development
The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. On May 24, the Chinese city of Zhengzhou announced a series…
OpenAI launches grant for AI democratic governance project
The company behind ChatGPT announced it would award 10 grants of $100,000 to teams worldwide to develop a democratic process for determining AI rules. OpenAI, the parent company of the…
Wall Street Memes Presale Is Now Live – New Memecoin With Huge Potential
Wall Street Memes ($WSM), a new crypto project that was only launched on May 25, raised $100k in its presale after only a few minutes Go to Source
JPMorgan Chase enters generative AI race with IndexGPT trademark
JPMorgan’s ChatGPT rival, IndexGPT, will be used across various business units, including advertising, business consulting and various finance-focused software as a service (SAAS) services among others. Finserv giant JPMorgan Chase…
Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
Despite hating on crypto for years, and calling NFTs worthless and easy to replicate two years ago, Peter Schiff is set to release an NFT art collection on Bitcoin. In…
No ETH to trade? Ethereum exchange balance drops to a 5-year low
The ETH balance decline began in September 2022, dropping significantly in November and December after the downfall of FTX. The balance of available Ether (ETH) across crypto exchanges dropped to…
Bitcoin reaches ‘decision point’ — 4 BTC price metrics to watch
Bitcoin bulls are sitting on their hands but need to combat short-term sellers rapidly losing profitability, Glassnode warns. Bitcoin (BTC) has reached a “decision point” for price action, but speculators…
Sam Altman’s New Crypto Startup Raises $115 million
Sam Altman, the chief executive officer of OpenAI, co-founded a cryptocurrency business that has acquired further funds to advance its goal of giving everyone on Go to Source
A16z releases anonymous voting system for Ethereum
The system uses “time-lock puzzles” to encrypt the contents of votes, making them unreadable until balloting has finished. Venture capital fund Andreessen Horowitz, also known as A16z, has released a…
A week filled with exploits and uncertainty for DeFi: Finance Redefined
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control. Welcome to Finance Redefined, your weekly dose of essential decentralized finance…
Twitter’s $42K API access plan could harm crypto research
Twitter emailed researchers to let them know they’ll either have to delete their data or pay $42,000 to keep using the platform’s API. Researchers using Twitter’s formerly free Decahose data…
EU regulator urges crypto firms to disclose regulatory status of products
The ESMA reminded investment firms that crypto would remain unregulated in most jurisdictions despite upcoming regulations. The European Union’s financial watchdog has issued a statement reminding investment firms to make…