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The Federal Trade Commission said Wednesday it has finalized an order that bans General Motors and its OnStar telematics service from sharing certain consumer data with consumer reporting agencies. The finalized order, which comes a year after the agency reached a proposed settlement with GM, also requires the automaker to be more transparent with its…
As crypto platforms explore prediction market integrations, retention data reveals why sustaining user engagement remains one of the industry’s most challenging tasks. While attracting new users may not be a core challenge for crypto, keeping them active beyond the first month is far more difficult, and data from prediction markets is spotlighting the issue. Polymarket…
FINRA found the number of people invested in crypto was steady from 2021 to 2024, but fewer were considering either buying more or investing for the first time. US investors are not considering buying crypto as much as they used to, as risk-taking behavior has dropped, according to a study from the Financial Industry Regulatory…
How Ethereum’s new PeerDAS feature slashes fees, boosts data capacity and paves the way for lightning-fast user experiences on the network. Ethereum’s second major upgrade of the year, Fusaka, has gone live, bringing forward supercharged data capacity, reduced transaction costs and enhanced usability. The upgrade officially went live on the Ethereum mainnet at 9:49 pm…
Ethena’s USDe shed 24% of its supply in November, losing market share as fiat-backed stablecoins including USDT, USDC, PYUSD and RLUSD added billions. Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins including USDT, USDC and PYUSD attracted billions in inflows. CoinGecko data showed that Ethena’s USDe stablecoin fell…
Pig-butchering scams are expanding into a transnational crime model, blending trafficking and crypto laundering on a massive scale. The multibillion-dollar scam known as “pig-butchering,” once treated as a consumer-fraud issue, has crossed a new threshold, prompting concerns over national security. In a podcast, Chainalysis head of national security intelligence, Andrew Fierman and former prosecutor Erin…
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits. Bitcoin’s recent wave of whale selling pressure is typical of a late-stage crypto cycle and should be no more concerning than it has been in the past, according to…
Crypto debates DeFi forks while AI companies lock trillions of tokens into proprietary training runs, building permanent data set monopolies. The window closes fast. Opinion by: Ram Kumar, core contributor at OpenLedger The crypto industry spent a decade evangelizing decentralization. At the same time, AI companies assembled the most valuable monopolies since Standard Oil, and…
The Bank of England is worried that a rise in financiers’ lending to data center lending may cause an AI bubble reminiscent of the dot-com crash in the early 2000s. The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg…
Tether has notched its 500 millionth user of its USDT stablecoin, an achievement its CEO Paolo Ardoino said is “likely the biggest financial inclusion achievement in history.” US dollar-pegged stablecoin Tether hit its 500 millionth user on Tuesday, offering a means to transact and save for those who have been excluded by the traditional banking…