US lawmaker addresses House before FIT21 vote: Bill ‘will stop another FTX’
Representative Wiley Nickel called on Democrats and Republicans to support the bill to stop the SEC from “turning cryptocurrency regulation into a political football.”
Month: May 2024
CFTC Commissioner Summer Mersinger on Overzealous Crypto Regulation and the Need for Legislative Action
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions.
Diamonds Standard Co. uses precious gems to back payment network
Diamond Standard Co. has introduced a blockchain payments system that uses diamonds as backing collateral for transactions.
Ethereum-Based Twitter Rival Farcaster Raises $150 Million
Farcaster, a decentralized social media protocol built on Ethereum, just got a sizable infusion of funding as it eyes expansion.
‘Nyan Heroes’ Launches Solana Token, Up 27% as Airdrop Claims Open
Solana hero shooter Nyan Heroes launched its NYAN token as the current Epic Games Store play-to-airdrop campaign continues.
Microsoft is bringing ‘Windows Volumetric Apps’ to Meta Quest headsets
Screenshot by Sean Hollister / The Verge You can already beam your flat Windows desktop and its VR games onto your Meta Quest headset — but what if Windows could send HoloLens-like 3D apps and digital objects to the headset, too? At Build, Microsoft has just announced “Windows Volumetric Apps on Meta Quest,” a way … Read more
Elon Musk’s xAI is working on making Grok multimodal
Illustration by Kristen Radtke / The Verge; Getty Images Elon Musk’s AI company, xAI, is making progress on adding multimodal inputs to its Grok chatbot, according to public developer documents. What this means is that, soon, users may be able to upload photos to Grok and receive text-based answers. This was first teased in a … Read more
Microsoft Phi-3 Cookbook
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Vitalik Buterin proposes solutions for Ethereum’s MEV problem
Ethereum’s co-founder explained how using MEV quarantining, MEV minimization, inclusion lists and node requirements could mitigate the problem.
Memcyco Report Reveals 6% Of Brands Can Protect Their Customers From Digital Impersonation Fraud
NEW YORK, NY, May 21st, 2024/CyberNewsWire/–Memcyco Inc., provider of digital trust technology designed to protect companies and their customers from digital impersonation fraud, released its inaugural 2024 State of Website Impersonation Scams report. Notably, Memcyco’s research indicates that the majority of companies do not have adequate solutions to counter digital impersonation fraud, and that most … Read more
GameStop Who? Ethereum ETF Hype Sends Crypto Memes Flying
Meme coins are hitting record highs on one of crypto’s biggest days in recent memory, with Ethereum’s PEPE setting a new peak price.
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
A wave of positive regulatory developments for crypto could be coincidence. Or they could be the Biden Administration reacting to Donald Trump’s recent embrace of the industry.
The ‘vote Trump’ spam that hit Bluesky in May came from decentralized rival Nostr
The spam reached Bluesky by first crossing over two other decentralized networks: Mastodon and Nostr. © 2024 TechCrunch. All rights reserved. For personal use only.
KlimaDAO Japan to launch carbon credit marketplace with Progmat
KlimaDAO and the Japanese stablecoin issuer may eventually trade carbon credits internationally.
Microsoft’s new Windows Copilot Runtime aims to win over AI developers
Photo: Allison Johnson / The Verge Microsoft launched a range of Copilot Plus PCs yesterday that includes new AI features built directly into Windows 11. Behind the scenes, the company now has more than 40 AI models running on Windows 11 thanks to a new Windows Copilot Runtime that will also allow developers to use … Read more
Where to preorder the Sonos Ace headphones ahead of June 5th
The stylish Sonos Ace come in black and white. | Photo by Chris Welch / The Verge At long last, the eagerly anticipated Sonos Ace have arrived. On Tuesday, the company announced that its first pair of wireless headphones will be available on June 5th. Even better, you can already preorder them ahead of launch … Read more
Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response
Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum’s dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn’t worth the fight.
I want flexible queries, not RAG
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Public Bitcoin miners secured $2B in financing ahead of halving
Miners’ equity funding activity is expected to be lower in the second quarter of 2024, with less than $500 million invested as of mid-May.
Crypto Short Liquidations Near $300 Million as Bitcoin and Ethereum Prices Spike
Short traders are “swimming against the tide” before an incoming second wave of ETF demand, says one Glassnode analyst.
Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN
The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.
There’s a real appetite for a fintech alternative to QuickBooks
Welcome to TechCrunch Fintech! This week, we’re looking at the continued fallout from Synapse’s bankruptcy, how Layer wants to disrupt SMB accounting, and much more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here. The big story The prospects for … Read more