Just another WordPress site
France’s state-owned bank says it will spend 25 million euros ($27 million) buying cryptocurrencies that support local crypto and blockchain projects. Bpifrance said in a March 27 press release that it would back newly formed projects “with a strong French footprint” where it will receive tokens in return for its investment and will look to …
Continue reading “France’s state bank earmarks $27M for crypto with ‘strong French footprint’”
ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the …
Continue reading “‘Our GPUs are melting’ — OpenAI puts limiter in after Ghibli-tsunami”
The US Securities and Exchange Commission has officially closed its investigation into Crypto.com, with no action taken against the crypto exchange, according to the firm’s CEO Kris Marszalek. It comes around seven months after the SEC issued a Wells notice to the crypto platform in August 2024, signaling its intention to take legal action against …
Continue reading “SEC has officially closed its investigation into Crypto.com, says CEO”
The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27. The cryptocurrency with a total value of $201,400 was traced to fundraising addresses allegedly controlled by Hamas and used to launder more than $1.5 million in digital assets since …
Continue reading “US DOJ says it seized Hamas crypto meant to finance terrorism”
The current state of crypto is akin to the internet’s “America Online” (AOL) era during the late 1990s, when the user experience was clunky, technical, featured limited use cases, and moved at dial-up speeds, according to Polygon co-founder Sandeep Nailwal. In an interview with Cointelegraph, Nailwal identified several key areas of development to improve user …
Continue reading “Getting crypto out of the 'AOL era' — Sandeep Nailwal”
The foundation behind the layer-1 blockchain, Sei, announced it was exploring the acquisition of the genetic testing company 23andMe after the firm filed for bankruptcy. In a March 27 X post, the Sei network said its foundation was considering purchasing 23andMe “to defend the genetic privacy of 15 million Americans” by putting the company’s data …
Continue reading “Sei Foundation floats 23andMe acquisition, genetic data on the blockchain”
Solana’s native token, SOL (SOL), faced a sharp 8% rejection after briefly touching $147 on March 25. For the past three weeks, SOL has struggled to reclaim the $150 level, which is leading traders to question whether the bullish momentum that was originally driven by memecoin speculation and the rise of artificial intelligence sectors has …
Continue reading “Solana price struggles to flip $150 to support — Is the SOL bull market over?”
Bitcoin (BTC) investors are preparing for the record-breaking $16.5 billion monthly options expiry on March 28. However, the actual market impact is expected to be more limited, as BTC’s drop below $90,000 caught investors off guard and invalidated many bullish positions. This shift gives Bitcoin bears a crucial opportunity to escape a potential $3 billion …
Continue reading “$16.5B in Bitcoin options expire on Friday — Will BTC price soar above $90K?”
GameStop shed nearly $3 billion in market capitalization on March 27 as investors second-guessed the videogame retailer’s plans to stockpile Bitcoin (BTC), according to data from Google Finance. On March 26, GameStop tipped plans to use proceeds from a $1.3 billion convertible debt offering to buy Bitcoin — an increasingly popular strategy for public companies …
Continue reading “GameStop wipes out $3B in market cap as stockholders question Bitcoin plan”
US Senator John Kennedy grilled prospective Securities and Exchange Commission (SEC) chairman Paul Atkins about a potential pardon for Sam “SBF” Bankman-Fried during the Senate Banking Committee’s March 27 nomination hearing. The Louisiana Republican directed a series of questions about the former FTX CEO toward Atkins and probed the prospective SEC chairman about donations Bankman-Fried’s …
Continue reading “Senator John Kennedy grills SEC nominee Paul Atkins about SBF pardon”
