Day: 19 May 2023

Dogecoin’s (DOGE) charts showed a marginal 1.13% dip on May 16, dropping the coin’s price to a week low of $0.07139 with a 24H trading volume of $220.62M. The token has, however, recovered and hit a $10 billion market cap amid increasing interest from major investors and other related developments. ...

The Monetary Authority of Singapore (MAS) and the New York Innovation Center (NYIC) of the Federal Reserve Bank of New York has published the findings of their collaborative project, "Cedar x Ubin+," which focused on cross-border Central Bank Digital Currency (CBDC) payments.  The research addressed challenges related to network autonomy, ...

Éric Larchevêque, the former CEO of Ledger, has addressed the recent controversy surrounding the well-known cryptocurrency hardware wallet manufacturer. In a Reddit post on May 18, 2023, Larchevêque described the situation as a "terrible mess" and emphasized that the controversy primarily resulted from a public relations mistake rather than a ...

Australian cryptocurrency exchanges are addressing concerns following the temporary suspension of Australian dollar services by Binance Australia's payments provider, Zepto, on May 18, 2023. While experts believe the issue is specific to Binance and not widespread, they caution that risks still exist in the industry. BTC Markets CEO Caroline Bowler ...

Apple has implemented restrictions on the use of AI chatbot ChatGPT and similar tools within the company due to concerns about data security. An internal document obtained by Wall Street Journal revealed that the company banned the use of ChatGPT and other AI tools supported by Microsoft. The restriction also ...

Texas has taken a significant step towards implementing legislation that would require cryptocurrency exchanges to maintain reserves sufficient to fulfill customer obligations. The bill, known as State Bill 1666, has passed the Senate and awaits the signature of the state governor to become law. The legislation, which amends the Texas ...