Authorities in Montenegro are moving forward with charges against Do Kwon and his former aide Han Chang-joon as lawyers for the Terra co-founder requested conditions for bail. According to a May 11 notice from Montenegro’s court system, lawyers representing Kwon and Chang-joon proposed they be confined to home arrest after providing 400,000 euros — roughly $436,000 at the time of […]

Lawmakers in the European Union have forwarded legislation concerning artificial intelligence (AI) to the next phase after concluding a vote from two lawmakers’ committees. In a vote on May 11, Members of the European Parliament (MEPs) agreed to include banning the use of facial recognition in public spaces and predictive policing tools in the highly anticipated AI Act. MEPs also agreed […]

Despite turbulence in the crypto sector, Ripple CEO Brad Garlinghouse sees a bright future on the horizon and anticipates a turning point in the company’s legal battle with the SEC. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs Inc. and two of its executives, who are also significant security holders, […]

A new crypto wallet has just launched in Apple’s App Store store that uses Web2 trickery to ensure users don’t need to interact with seed phrases or passwords. According to a May 11 announcement from the app’s developer, Kresus, the new wallet stores users’ private keys in an Amazon Web Services Hardware Security Module (HSM) and uses “magic links” and […]

Cryptocurrency markets faced a substantial decline on May 10 and even today as the Total Crypto Market Cap (TOTALCAP) and Bitcoin and Ether are both failing to bounce back. Evaluating TOTALCAP and Bitcoin’s Struggles The overall cryptocurrency market cap, represented by TOTALCAP, has been on a downward path since April 14, dipping below the significant $1.16 trillion threshold. This level […]

The crypto industry is currently in a state of anticipation as it awaits a resolution in the prolonged legal battle between XRP and the SEC. The outcome of this case will likely have far-reaching implications for the industry as a whole. At a recent Financial Times conference, as reported by Reuters, Hester Peirce, a commissioner at the U.S. Securities and […]

A 23-year-old Snapchat influencer has seemingly taken a leaf out of the SimpDAO book by launching an Artificial Intelligence (AI)-based girlfriend version of herself via OpenAI’s chatbot ChatGPT. The influencer in question, Caryn Marjorie, has 1.84 million subscribers on Snapchat, along with 215,000 followers on Instagram. Dubbed CarynAI, the project was built by Forever Voices, which utilizes more than 2,000 […]

Bitcoin (BTC) miner Marathon Digital has disclosed that it received another subpoena from the United States Securities and Exchange Commission relating to its 100-megawatt data center in Hardin, Montana. According to Marathon’s quarterly report filed May 10, it received the subpoena on April 10 “relating to, among other things, transactions with related parties” that occurred while it was creating the […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 EOS price started a fresh decline below the $1.00 level against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.920 on the 4-hour chart […]