DAOs can become a disaster more quickly than you think

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures. DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory […]

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IMF to publish CBDC handbook in response to increasing demand for guidance

With interest in central bank digital currencies (CBDCs) at an “unprecedented” level, the International Monetary Fund (IMF) is experiencing heavy demand for guidance in regard to them. In response, the IMF planned to release a CBDC handbook, deputy managing director Bo Li said in a recent speech. The IMF official saw some urgency in meeting […]

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Umami Labs founder: DAOs aren’t always the answer

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures. DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory […]

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San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

The San Francisco Police Department has arrested a tech executive named Nima Momeni in connection with the April 4 stabbing of Cash App creator Bob Lee. In an April 13 press conference, the SFPD announced Momeni was in custody following the issuing of search and arrest warrants executed in San Francisco and Emeryville, a city […]

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London Stock Exchange Group may provide clearing services for BTC derivatives in Q4

The United Kingdom could see its first centrally cleared trading venue for digital asset derivatives due to a partnership between a London Stock Exchange Group (LSEG) business and trading startup Global Futures and Options (GFO-X). They intend to launch the service in the fourth quarter of this year. According to an April 11 announcement, LCH […]

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How on-chain data can make you a better trader

In this week’s episode of Market Talks, Cointelegraph welcomes Miguel Morel, CEO of Arkham Intelligence — a blockchain intelligence company that has built a platform that provides information on real-world entities and individuals behind crypto market activity. In today’s discussion with Morel, we will explore how and why on-chain data is useful and perhaps some ways that […]

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Amazon launches new Bedrock AI service to take on Google and OpenAI

Generative AI models such as ChatGPT have taken the technology world by storm as they threaten to permeate the mainstream. With the announcement of Bedrock, it’s clear that Amazon’s ready to go all-in just as big tech competitors Microsoft and Google have. Bedrock will allow AWS users to build out generative AI from foundation models […]

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Gemini files for pre-registration undertaking in Canada

On April 12, cryptocurrency exchange Gemini announced it filed a pre-registration undertaking with the Ontario Securities Commission (OSC), which oversees capital markets in Canada’s most populous province. The undertaking is a prerequisite to becoming a restricted dealer in Canada and is necessary for all cryptocurrency exchanges wishing to conduct business in the country. Cynthia Del […]

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US court issues summons to Tron’s Justin Sun, threatens default judgment if no response

A United States court has issued a summons to Tron founder Justin Sun’s Singapore address in connection to a Securities and Exchange Commission (SEC) civil case. In an April 12 filing, the U.S. District Court for the Southern District of New York ordered Sun to respond to the summons within 21 days by contacting attorney […]

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