Legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors. Source link
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International consultancy firm Forensic Risk Alliance will reportedly closely oversee all compliance activities of cryptocurrency exchange Binance for the next three years. Source link
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The United States SEC argues that “having made the weather, Coinbase cannot claim that it is now raining.” Source link
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Eigenlayer launched a claims process for its highly anticipated EIGEN token, but it won’t be transferable to others until further features are added. Source link
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Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations. Source link
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BNB price continues to show strength, leading traders to place an $800 price target on the Binance exchange token. Source link
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Billionaire investor Mark Cuban says that assigning all authority to the CFTC “could solve” the problem of vocal crypto voters for current United States president Joe Biden. Source link
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House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May. The proposed legislation — dubbed the Financial Innovation and Technology for the 21st Century (FIT21) Act…
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This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering. Source link
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Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10. The firms’ previous Feb. 7 filing added a clause detailing that the sponsor — 21 Shares — intended to stake a portion of the fund’s assets through third-party providers. 21 Shares expected…