The subsidiary of Japanese Monex Group had already said it would cease providing services in the United States. Trading platform TradeStation Crypto settled with the United States Securities and Exchange Commission (SEC) and a taskforce of state regulators for failing to register an interest-bearing lending product on Feb. 6. The SEC and 26 states will...Continue Reading

Blockchain auditing firm Hacken claims to have found an XRP-affiliated wallet predating the recent $112.5 million exploit on Ripple co-founder and chairman Chris Larsen’s personal wallets. A key executive of Ripple, the company behind the XRP ledger, may have had his personal crypto wallets compromised via an inside job.  According to a Feb. 7 report...Continue Reading

SEC chair Gary Gensler has avoided answering whether the commission definitively considers Ether as a security under its purview. Prometheum, one of the few crypto companies to have approval from United States financial regulators as a special purpose broker-dealer (SPBD) for digital asset securities, has announced it will be offering institutional custody services for Ether...Continue Reading

XRP traders are piling into leverage longs positions despite the recent negative news about XRP and Ripple. XRP (XRP) token has experienced a 20% decline in 2024 and it currently is approaching its lowest daily close since Oct. 18, 2023. Despite the challenging price performance, prominent traders at the OKX exchange heavily favor long (buy)...Continue Reading

Having a body, the researchers argue, will allow AI to understand action, memory, and experience better. A team of researchers from Huawei’s Noah’s Ark Lab in Paris recently published pre-print research outlining a potential framework for “embodied artificial intelligence” (E-AI), something they say will serve as the “next fundamental step in the pursuit of artificial...Continue Reading

Bitcoin Ordinals 30-day sales volume dropped from $868 million in December 2023 to $335 million in January. In this week’s newsletter, read about how Bitcoin-based nonfungible tokens (NFTs) had a sales dip in January and how Roblox will allow real-time translations in the metaverse. Check out how GoDaddy and the Ethereum Name Service (ENS) collaborated...Continue Reading

The metaverse craze has passed, but use cases in healthcare, commerce and education should not be dominated by powerful private interests, a new BIS study argues. Interoperable payment technologies supported by regulation will be needed to prevent the metaverse from becoming fragmented and dominated by powerful private interests, a study by the Bank for International...Continue Reading

According to Jim Albrecht, large language models pose an existential threat to journalists and the global news industry. What if, every time you read an interesting news article, you were given immediate access to the journalist who wrote it so you could ask follow-up questions and discuss the material?  That’s the future former senior director...Continue Reading

The underlying tokenized asset is a call warrant option on shares of Chinese smartphone giant Xiaomi. Swiss multinational bank UBS’ Hong Kong subsidiary, has tokenized an investment warrant on the Ethereum blockchain together with cryptocurrency exchange OSL. According to the Feb. 7 announcement, the tokenized product is an options call warrant with Chinese smartphone giant...Continue Reading

The exchange reportedly used Telegram influencers to promote its crypto services to South Korean users. Authorities with South Korea’s Financial Intelligence Unit (FIU) are reportedly investigating OKX following allegations the firm was operating as an unregistered cryptocurrency exchange. According to a Feb. 7 report from South Korean news outlet News1, the Digital Asset Exchange Association...Continue Reading