Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody. Source
The Good, the Bad and the Ugly of Airdrop 'Points' Source
Rep. Patrick McHenry (R-N.C.) and Rep. Glenn “GT” Thompson (R-Penn.), the chairmen of the two committees, and the other Republican lawmakers – many of whom have been staunch supporters of the crypto industry – argued in Tuesday’s letter that ETH is not a security, making the asset illegal to handle by a securities firm like Prometheum. Source
The activist’s new book “Governable Spaces” explores ways blockchains can help people experiment with self-governance online. Source
Digital asset financial services firm Galaxy Digital’s (GLXY) results showed significant sequential growth across its three operating units, driven by improved crypto market conditions in anticipation of the approval of spot bitcoin (BTC) exchange-traded funds (ETFs), a Stifel Canada analyst said in a research report on Tuesday. “As a result, strong performance has followed into the current quarter as spot prices, volumes and volatility remain elevated in Q1/24, while the ETF launch approvals help open the door to new pools of capital,” wrote analyst Bill Papanastasiou. Stifel has a buy…
Marsh, which has over 45,000 staff and is part of professional services giant Marsh McLennan, said the new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC), where cryptographic keys are split into shards, Marsh said. Source
Over the past 30 days WAX has facilitated 141 million transactions with 666,000 unique active wallets, data from Dappradar shows. The network hosts 160 Web3 games on its platform, including Brawlers, a trading card game that became a part of the Amazon Prime Gaming service alongside the likes of Apex Legends and Call of Duty. Source
The state’s proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs). Source
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges. Source
The Future Is Open Finance Source