Binance is exploring the possibility of letting some of its institutional clients hold their trading collateral for margin trading in spot and derivatives at a bank, according to Bloomberg. The exchange reportedly... Read more »

Binance CEO Changpeng Zhao commented on the state of the crypto industry and market during an interview with Bankless on May 29. Zhao dispels FUD First, Zhao discussed recent controversies around his... Read more »

NFT markets have displayed an intriguing set of metrics in 2023 as wash trading and token farming practices emerge amidst declining overall trading volumes. According to a recent DappRadar report, Bored Ape... Read more »

UK Prime Minister Rishi Sunak aims to update his government’s guidelines around regulating artificial intelligence (AI) and its development, The Guardian reported May 26. Earlier suggestions are out of date The Guardian... Read more »

Andreessen Horowitz (a16z) announced a new private, on-chain voting tool for Ethereum developers called “Cicada.” In a blog post, a16z developer Michael Zhu acknowledged existing on-chain voting features but noted that many... Read more »

On May 27, Beijing released an “Internet 3.0 Innovation and Development” white paper outlining advancements and support for Internet 3.0 (web3) and the metaverse, according to reports from Chinese media, ThePaper. However,... Read more »

Gemini and Genesis have asked a judge to dismiss an SEC lawsuit concerning its Earn product, according to developments on May 26. Genesis says Earn wasn’t a security Jack Baughman, a lawyer... Read more »

Circle, the digital fintech firm most famous as the issuer of the USDC stablecoin and, more recently, Euro Coin, has unveiled the launch of Euro Coin on the Avalanche blockchain.  Circle anticipates... Read more »

Unbanked, a cryptocurrency card and trading platform, said May 25 that it would be winding down its services due to harsh U.S. regulations. Regulations affected funding Unbanked cited regulations as the primary... Read more »