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Derive tokenholders were worried about the exchange rate and the overall benefit to the platform, with one user claiming Derive generates more revenue than Synthetix. Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback. A Synthetix spokesperson told Cointelegraph on May 22 that its…
Donald Trump has signed a bill backed by first lady Melania Trump that makes it a federal crime to publish nonconsensual AI-generated explicit images. US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours. Trump signed the bill…
DigiAsia shares have doubled in one day after the company said it’s planning to raise $100 million, and use half of its profits, to buy Bitcoin. Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The…
The streaming platform was criticized last week for a clause in their terms of use permitting uploaded content to be used to train generative AI. Panellists at the Digital Life Design women conference at Bavarian National Museum. June 30, 2011. Photo by Sascha Baumann for Getty Images SoundCloud has clarified its terms of use…
Dubai said the partnership will go a long way to achieve its goal of getting 90% of financial transactions fueled by cashless technology by 2026. The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12,…
Onchain security firm Blockaid speculates it might be a front end attack, and says not to sign transactions and avoid interactions with Cuve until the issue is resolved. Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website. In the…
The platform says in a statement that it “has never used artist content to train AI models.” SoundCloud logo. Photo by LIONEL BONAVENTURE/AFP via Getty Images SoundCloud has issued a statement in response to an article in Futurism, which highlighted a clause in SoundCloud’s terms of use permitting all uploads to be used as…
With increasing government oversight, some crypto users may be forced to look for censorship-resistant stablecoins in the future. Censorship-resistant “dark stablecoins” could come in increasing demand as governments tighten their oversight of the industry. Stablecoins have been used for various groups to store assets due to a lack of government interference; however, with regulations pending,…
Rockstar Games offers a closer look at the highly-anticipated game, due out May 26, 2026. Last week it was revealed that Grand Theft Auto VI, the latest instalment in Rockstar Games’ hugely popular ultraviolent action series, would be delayed from fall 2025 to May 26, 2026. That may have disappointed fans who’ve been waiting over…
Strive CEO Matt Cole says Intuit should also change its policy for its Mailchimp platform, which he claims continues to suspend crypto-related accounts. Fresh from successfully convincing game retailer GameStop to add Bitcoin to its balance sheet, Strive Asset Management CEO Matt Cole has now set his sights on fintech firm Intuit to do the…