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‘Space Nation Online’ Preview: Ethereum Game’s Promising Beta Plagued by Server Issues

The voice acting and graphics shine in Space Nation Online’s test, but server hitches tied to airdrop demand keep popping up.

This post was published at Decrypt

/ Crypto Currency, Ethereum

Ripple proposes ‘no more than $10M’ in penalties after SEC seeks $1.9B


Ripple and the SEC have been locked in a years-long legal battle that started in 2020

This post was published at Blockworks

/ Crypto Currency, Government, Ripple, SEC

AI Assistant Users Could Develop An ‘Emotional Attachment’ to Them, Google Warns

With great power comes great responsibility, and one of the largest providers of AI assistants says they are becoming quite powerful.

This post was published at Decrypt

/ Ai, Crypto Currency

SEC seeking $5.3 billion in fines from Terraform Labs, Do Kwon

The US Securities and Exchange Commission (SEC) wants nearly $5.3 billion in fines from Terraform Labs and its former CEO, Do Kwon for violations of the US securities laws and charges of fraud. The agency detailed its requested fines in an April 19 legal filing. The SEC is primarily seeking $4.2 billion in disgorgement plus $545.7 million in …

This post was published at CryptoSlate

Jack Dorsey’s Block completes Bitcoin mining chip, announces development of full system

Jack Dorsey’s firm Block has unveiled a significant advancement in Bitcoin (BTC) mining technology with the completion of its three-nanometer (3nm) mining chip. The company is now finalizing a full tape out of the chip at a leading global semiconductor foundry, marking a substantial upgrade from its earlier five-nanometer prototype. The new …

This post was published at CryptoSlate

IRS Set to Kill Pseudonymity in Crypto? Tax Form Proposal Raises Alarms

A draft of an IRS form appears to indicate that the agency will require self-custodial wallet addresses from DeFi users filing taxes.

This post was published at Decrypt

Google, Meta, OpenAI Unite With Other Industry Giants Against AI Child Abuse Imagery

A coalition of high-powered players pledges to prioritize child safety in all phases of AI development.

This post was published at Decrypt

/ Ai, Crypto Currency

Jane Street Capital now holds over 5% of Coinbase stock

Jane Street Capital has accumulated substantial Coinbase stock. According to financial intelligence site Fintel, Jane Street owned 5.3% of Coinbase’s outstanding shares in February. COIN was valued at $140.86 at the time of the company’s 13G filing on Feb. 9, placing the value of its holdings at $1.4 billion. At a current share price …

This post was published at CryptoSlate

Why Are Bitcoin Rune Names So Weird? There’s a Method to the Madness

Despite quirky and long labels, there are already several thousand etchings in the wake of the Bitcoin halving.

This post was published at Decrypt

/ Bitcoin, Crypto Currency

Top five stablecoins near all-time high with $150 billion market cap

Quick Take The aggregate supply of the top five stablecoins has reached $150 billion in market capitalization, with USDT (Tether) and USDC (USD Coin) leading the pack at $110 billion and $34 billion, respectively. BUSD, DAI, and TUSD make up the remaining $6 billion, with DAI at around $5.3 billion. Aggregate Supplies Stablecoins: (Source: …

This post was published at CryptoSlate

Grayscale, BlackRock Ethereum ETF applications updated amid SEC delays

Grayscale Investments and BlackRock have updated their spot Ethereum ETF applications despite the SEC delaying its decision on the matter in recent weeks and expectations leaning toward rejection. Grayscale filed an S-3 registration statement with the SEC on April 23. The submission marks the latest step toward the firm’s proposed conversion …

This post was published at CryptoSlate

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