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Crypto
NIST establishes AI Safety Institute Consortium in response to Biden executive order
The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute…
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Bitcoin (BTC) Price Slips 2% as Dogecoin (DOGE), Pepecoin (PEPE) Prices Jump
"The fifth bitcoin bull market appears to be primarily driven by the expectations of institutional adoption," the report said. "Bitcoin's characteristics, which were traditionally associated with…
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Universal Music Group sues Anthropic AI over copyright infringement
Universal Music Group (UMG), Concord Publishing and ABKCO Music & Records have filed a lawsuit against the artificial intelligence (AI) startup Anthropic on accusations of the latter committing…
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China Can’t Seem to Stop Bitcoin Mining
In theory, miners turn off their machines whenever bitcoin prices drop significantly, and it becomes unprofitable to keep them running. This time, even though hashprice has decreased, we haven’t seen…
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Goldman Sachs and Barclays invest in UK crypto trading platform Elwood
Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British…
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First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled;…
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of…
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Solana suffers 7th outage in 2022 as bots invade the network
The Solana (SOL) network suffered a seven-hour outage overnight between April 30 and May 1 due to a large number of transactions from nonfungible token (NFT) minting bots.A record-breaking 4 million…
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But Exchanges, What Low Volumes You Have!
On the surface, low trade volumes seem inauspicious, especially considering the last time they were this low was when bitcoin’s price dipped below $30,000. However, if we zoom out a tad, this looks…
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Beanstalk Farms loses $182M in DeFi governance exploit
Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack.The problem for the…
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Luna Foundation Treasury Holds Almost 40,000 BTC After Weekend Purchase
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set…
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