A bill on mining cryptocurrencies is being currently held in the Russian state of Duma. According to the local media, deputy chairman of the State Duma Committee on Information Policy, Anton Gorelkin stated that the measure about mining cryptocurrency is being presented to the body on Friday. The bill comes at a time when globally […]

In a riveting turn of events, despite Bitcoin’s super-dominance across the global crypto realm, pro-XRP lawyer Bill Morgan took to a post on X, slamming the world’s first digital currency. According to the post shared today, April 27, Morgan slated Bitcoin to be ‘overhyped,’ sparking a global fervor among crypto market participants. Morgan’s critique of […]

OpenAI Startup Fund, which is related but operationally a distinct offshoot of the popular Artificial Intelligence (AI) company OpenAI, has secured $15 million in a funding round. OpenAI Startup Fund Taps Funding Through SPV The filing with the United States Securities and Exchange Commission (SEC) confirmed that the funds were raised in new cash on […]

The collapse of Republic First Bancorp has led to the bank’s seizure by regulatory authorities. According to news reports, the Federal Deposit Insurance Corp. announced that US regulators had seized Republic First Bancorp and agreed to sell it to Fulton Bank. The failure of the banks highlights problems faced by smaller banks in the US. […]

Former Federal Reserve Board special adviser Andy Levin has called out Donald Trump and his advisers for their alleged plans of remodeling the Federal Reserve. Notably, the plan—which is contained in a classified 10-page document—proposes Trump having unprecedented control over the actions of the central bank, possibly even to the point of firing Fed Chair […]

Arkham Intel, a blockchain data tracking firm, recently disclosed significant Bitcoin holdings associated with WisdomTree‘s physical Bitcoin exchange-traded product (ETP), WBIT. According to data shared on the social media platform X, WBIT possesses 8,900 BTC, which is currently valued at approximately $579 million. The assets are spread across 134 wallets, reflecting the ETP’s robust structure […]

Apple has re-ignited discussions with OpenAI to use the firm’s generative AI technology for the iPhone. According to News reports, Apple and OpenAI have resumed talks over-leveraging the startup’s generative AI technology to power certain new features that will be unveiled in the iPhone later this year. The move comes when Apple is trying to […]

Solflare has successfully onboarded over 500,000 MetaMask users to Solana through its strategic integration of MetaMask Solana Snaps. The integration, announced in late 2023, enables the users to directly manage Solana assets via MetaMask directly, thus eliminating the separation between Solana and other blockchain networks. The move has been critical in increasing Solana adoption rates, […]

The Shredderz, a web3 rock and heavy metal band continues to make waves along industry spaces with a new non-fungible token (NFT) collection. The platform recently rolled out an NFT collection dubbed Shredz which includes 6,666 hand-drawn characters each linked to a Shredderz song.  The web3 band seeks to scale up music collectible interaction offering […]

On the 22nd of March, Offchain Labs, a blockchain research firm revealed that they found serious security vulnerabilities in the Optimism OP Stack’s fraud-proof system, which was deployed on a testnet. The vulnerabilities enabling a bad actor to rewrite the chain’s history were widely acknowledged by OP Labs on March 25. In this regard, essential […]