Elon Musk’s Fight With Colorado Over AI Law Hits Pause as State Considers Revisions
In brief xAI and Colorado jointly moved to pause the lawsuit over SB24-205. Enforcement of Colorado’s AI law is on hold while lawmakers consider amendments....
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Canada advances bill to ban crypto political donations
Canada is moving closer to banning political donations made in cryptocurrency, as lawmakers in Ottawa tighten rules around how money flows into elections. That’s after...
Are stablecoins now the core plumbing of global finance?
Stablecoins have “quietly become core financial plumbing” and pushed on‑chain finance past a “point of no return,” according to a new a16z crypto framework that...
Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses
In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has...
Price predictions 4/27: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA
Key points: Bitcoin continues to face resistance near $79,500, but the trajectory remains up as long as the price holds above $76,000. Most major altcoins...
CFTC Sues New York to Stop It From Treating Prediction Markets as Gambling
The CFTC filed a lawsuit against New York on April 24 in the Southern District of New York, seeking a permanent injunction to stop the...
OpenAI Is Building Its Own Smartphone Chip With Qualcomm and MediaTek: Report
In brief Analyst Ming-Chi Kuo reports OpenAI is co-developing a smartphone chip with Qualcomm and MediaTek, with Luxshare as exclusive manufacturing partner and mass production...
EU sanctions target Russian crypto exchanges, stablecoins and CBDC
The European Commission announced a package of crypto-related sanctions against Russia in response to the country’s military actions against Ukraine. In a Thursday notice, the...
Florida Opens a Criminal Investigation Into OpenAI Over ChatGPT’s Role in the FSU Campus Shooting
Florida Attorney General James Uthmeier announced a criminal investigation into OpenAI on April 21, alleging that ChatGPT advised the accused Florida State University shooter on...
Publicly Traded Strive Buys $60 Million in Bitcoin, Plans BTC Business Summit
In brief Publicly traded Strive Inc. purchased an additional 789 Bitcoin for its treasury. The purchase brings Strive’s total Bitcoin holdings to 14,557 BTC, valued...