[ad_1] Centralized crypto exchange Gate.io denied rumors of illiquidity on May 31, stating that “there are no issues with our operations or withdrawals as rumored.” The statement comes after numerous Twitter channels had alleged that the exchange was experiencing insolvency due to an alleged connection between it and the cross-chain router protocol Multichain (MULTI).The Gate.io team said the company's "operations are running healthy" and that it is focused on establishing
[ad_1] Sam Bankman-Fried (SBF) is seeking to subpoena documents from Fenwick & West. That’s the law firm that served as the outside counsel to FTX, Alameda Research and SBF personally from “early in their development” until the FTX bankruptcy. Now SBF’s legal team wants to use the documents in his defense in the 13-count criminal case against him.According to a memorandum filed in the United States District Court Southern District
[ad_1] Microsoft’s chief scientific officer, Eric Horvitz, believes artificial intelligence will allow future humans to flourish, but he’s apparently hedging his bets. Horvitz published a post entitled “Reflections on AI and the future of human flourishing” on the official Microsoft blog on May 30. The article discusses the future of artificial intelligence and announces a series of essays written by AI experts who were given early access to OpenAI’s GPT-4 before
[ad_1] Pepe (PEPE) price has dropped by more than 70% three weeks after establishing its record high of $0.00000449. And the memecoin could fall even more in the coming days, according to a mix of technical and fundamental indicators.PEPE charts flash a classic bearish reversal patternFrom a technical standpoint, the price of PEPE could drop sharply from its current levels. At the core of this bearish outlook lies the classic head-and-shoulders
[ad_1] Massachusetts Senator Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl.In a May 31 hearing of the United States Senate Banking Committee on China, Warren pointed to a report from blockchain analytics firm Elliptic to suggest a connection between cryptocurrency and “illegal drug transactions” at Chinese companies. Elliptic reported on May 23 that 90% of roughly 90
[ad_1] Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol's leadership may have been arrested in China amid ongoing technical issues. "The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance," noted a Twitter thread. As reported by Cointelegraph,
[ad_1] Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol's leadership may have been arrested in China amid ongoing technical issues. "The team has done everything possible to maintain the protocol running, but we are currently unable to contact CEO Zhaojun and obtain the necessary server access for maintenance," noted a Twitter thread. As reported by Cointelegraph,
[ad_1] Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the country.Tether expands its presence in Georgia We have invested in https://t.co/14g9wt7PCC, a leading local payment processing company. You can now pay with #USDt and #Bitcoin in over 600 shops, hotels, and restaurants. Learn More
[ad_1] Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers.On May 31, Sweden’s Minister for Rural Affairs, Peter Kullgren, and European Parliament President Roberta Metsola signed the long-anticipated cryptocurrency regulatory framework into law roughly three years after the European Commission introduced the measure. Lawmakers in the EU had batted the MiCA framework from legislative body to body,
[ad_1] In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard almost 10 million users to the crypto and NFT space. In other news, infamous crypto hater Peter Schiff has launched his own
