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French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

Exaion helps industries with digital transformation related to cloud and blockchain with a focus on addressing energy efficiency of data centers.
North Korean Crypto Hackers Have Stolen $3B Since 2017, Says UN Security Council: Report
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data (RSS)

A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
India’s crypto regulations push OKX to cease local services
Cryptopolitan (RSS)

The cryptocurrency exchange OKX has announced it will halt its operations in India. This decision follows closely on the heels of increased regulatory scrutiny from India’s Financial Intelligence Unit (FIU). In a notice dated March 21, OKX communicated to its Indian users the need to close their accounts and withdraw funds by April 30. The exchange cited “local regulatory hurdles” as the primary reason for its exit from the Indian market. This development occurs in the backdrop of the FIU’s crackdown on foreign cryptocurrency exchanges for compliance issues.

OKX’s exit is seen as a direct response to India’s stringent regulatory environment. The FIU had earlier issued notices to several foreign crypto exchanges, including OKX, under the Prevention of Money Laundering Act of 2002. These actions are part of a broader effort to br...

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Mia AI Tool Spotlights Early Signs of Breast Cancer Missed by Doctors
Cryptopolitan (RSS)

AI tool named Mia has demonstrated its prowess in detecting subtle signs of breast cancer that eluded human radiologists. The initiative, conducted in collaboration with NHS clinicians, analyzed over 10,000 mammograms, with Mia successfully identifying 11 cases of breast cancer that had been missed by human doctors. 

Mia AI revolutionizing breast cancer diagnosis

This discovery marks a significant milestone in the field of medical technology, offering new hope for early detection and improved patient outcomes.

Among the beneficiaries of Mia’s capabilities is Barbara, whose 6mm tumor was swiftly identified, enabling prompt intervention. With early detection, Barbara underwent a less invasive treatment regimen, requiring only five days of radiotherapy. 

This underscores the critical importance of early detection in ...

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Hong Kong central bank flags e-HKD investment scams
Cryptopolitan (RSS)

The Hong Kong Monetary Authority (HKMA) has issued a public warning about certain organizations. These groups falsely claim an association with its e-HKD pilot projects. The central bank’s advisory highlights concerns as Hong Kong evaluates the potential of a central bank digital currency (CBDC) through various trial projects. The misleading entities have reportedly promoted investment products. They claim to be selected participants in the digital currency trial, attempting to attract investments under pretenses.

To counteract misinformation, the HKMA has published a list of official participants in the pilot program. Notable entities include Alipay Financial Services, Bank of China (Hong Kong), China Construction Bank, and the Hong Kong and Shanghai Banking Corporation. The cent...

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Former CFTC official challenges SEC on Ethereum regulation
Cryptopolitan (RSS)

Brian Quintenz, a former Commissioner of the Commodity Futures Trading Commission (CFTC), has openly criticized the Securities and Exchange Commission’s (SEC) approach to Ethereum (ETH). He labeled the SEC’s treatment of ETH as “illegal” and expressed concerns over regulatory confusion. This criticism comes in light of the SEC’s approval of Ethereum futures ETFs on regulated security exchanges in October 2023, a move that Quintenz argues implicitly recognized Ethereum’s status as a non-security.

Quintenz’s critique was articulated in a detailed thread on the social media platform X. He highlighted the SEC’s decision to allow ETH Futures ETFs to trade, suggesting it acknowledged Ethereum as a commodity outside its regulatory purview. He contends this action by the SEC should dispel any doubts regarding Ethereum’s classification...

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New TRAI Regulations Aim to Curb SIM Swap Fraud
Cryptopolitan (RSS)

In a bid to combat the rising instances of SIM swap fraud across India, the Telecom Regulatory Authority of India (TRAI) has announced amendments to its regulations pertaining to SIM porting, commonly known as Mobile Number Portability (MNP). These changes are slated to take effect from July 1, 2024, with the primary objective of curbing fraudulent activities associated with SIM swaps.

Seven-day waiting period introduced

Effective July 1, users will be required to observe a mandatory waiting period of seven days following a SIM swap or replacement before they can initiate the process of porting their mobile number from one network to another. This delay is strategically implemented to mitigate the risk of fraudulent SIM swaps, thereby safeguarding users from unauthorized porting of their mobile numbers.

Regulatory response to concerns raised

The decision to introduce these regulatory amendments comes in response to...

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Crypto market losses $400 billion – Where do we go from here?
Cryptopolitan (RSS)

Wednesday witnessed a kind of weird rebound for Bitcoin, as the entire crypto market took a breath from its recent downturn. Amidst a volatile day, Bitcoin made a surprising pivot, climbing 1.7% to settle at $65,773. This came after an initial dip to $60,793.

Cryptos gained some ground back following the closure of the Federal Reserve’s two-day meeting. Keeping rates on hold as anticipated, the Fed’s indication of multiple rate reductions this year sparked a flicker of bullishness in financial markets. Similar to tech equities, Bitcoin and its comrades often find themselves in a sweet spot with low-interest rates, which can bring in enhanced market liquidity and a sense of optimism amongst investors.

The connection between interest rates and Bitcoin’s valuation has been a topic of discu...

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DC Coffee Chain Partners Coinbase to Onboard Crypto Payments
CoinGape (RSS)

The use cases for mainstream cryptocurrency adoption grow as a local coffee chain in Washington has teamed up with Coinbase to integrate digital asset payments.  

Compass Coffee, a United States veteran-owned coffee company with a total of 16 stores around the area will offer consumers an option to pay for their morning brew in cryptocurrency.  

Users will be able to pay in Circle’s USDC stablecoin pegged with the US dollar, FOX Business reported. The move goes to show the increasing adoption of cryptocurrencies in mainstream retail services. Compass Coffee is now the first retail outlet in DC to accept payment in USDC. 

According to the statement, customers who pay for their coffee at the Half Street Store in DC will get 90% slashed off their payments to introduce users to seamless digital payments....

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Breaking: Elon Musk’s X Payments Receives New Licenses for Launch This Year
CoinGape (RSS)

Elon Musk’s X Payments has received three more money transmitter licenses from US states, as per sources familiar with the matter. With the latest set of licenses, X Payments has received licenses in 22 states to gain approval as the company explores offering payment features this year. Elon Musk told Ark Invest CEO Cathie Wood that he expects that payment features need to go live by mid-2024.

X Payments 3 New Licenses
X Payments LLC has been granted a money transmitter license to offer payment services in Illinois, New Mexico and Oregon states. Elon Musk’s X Payments applied for money transmitter licenses in 32 states and has received 22 licenses for offering payment servic...

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Floki Inu vs BOME: Which Meme Coin Should You Invest In?
CoinGape (RSS)

After a bearish push in the last few days, the crypto market was down, leading to price falls for most cryptocurrencies. Bitcoin has just made a comeback and is trading at the $67K mark, whereas the rest of the altcoins include Floki Inu, Solana, JasmyCoin, BOME, BNB, and others. Talking of the top-performing altcoins today, we have Floki Inu and BOME. Which questions, in the Floki Inu vs BOME comparison, which meme coin will win?

Both these meme coins have made an effective comeback and are ruling the meme market. So let’s discuss who wins among the Floki Inu vs BOME and what should be your preferred meme coin to invest in.

Floki Inu vs BOME: Who’s The Best Performing Meme Coin
Floki Inu price has surged 38% in just a day, pushing its value from $0.0001741 to the current price of $...

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Solana Meme Coin Slerf Offers NFT To Presale Investors After $10M Mishap
CoinGape (RSS)

In the aftermath of a devastating mishap earlier this week, Solana-based meme coin project Slerf has announced plans to extend a compensation to affected presale investors. The incident, which resulted in losses exceeding $10 million for participants in Slerf’s presale, stemmed from an unfortunate accident attributed to the project’s developer.

Solana Meme Coin Slerf To Provide NFTs
In a bid to address the concerns of impacted investors, the Slerf network took to social media platform X to outline their remedial measures. “We’re planning to drop Soul-bound NFTs to the wallet addresses of affected presalers as well as refund contributors,” they stated.

The post added, “This will allow for other projects to airdrop them tokens or NFTs easily as well as have a nice piece of memorabilia for their...

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FLOKI Price Soars 40% Amid World Table Tennis Championship Partnership Announcement
CoinGape (RSS)

The cryptocurrency market witnessed a remarkable surge today, notably with the FLOKI price soaring by over 40%. Notably, this surge coincides with a significant announcement from Floki and TokenFi, unveiling their partnership as the official cryptocurrency partner for the upcoming World Table Tennis Championship in Incheon, South Korea. Besides, TokenFi (TOKEN) also rallied following the announcement.

Floki & TokenFi Price Soars Amid Crucial Partnership Announcement
The Floki and TokenFi were among the top percentage gainers in the crypto market today, gaining notable attention from investors. The former rallied nearly 40% during writing, while the latter noted a surge of around 50% at the same time.

Meanwhile, Floki, alongside TokenFi, has secured a pivotal role as the official cryptocurrenc...

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Grayscale CEO Defends Ethereum Against Potential SEC Security Label
CoinGape (RSS)

Grayscale CEO, Michael Sonnenshein, has stepped forward to defend Ethereum’s classification as a commodity in light of potential scrutiny from the Securities and Exchange Commission (SEC). Sonnenshein’s stance comes amidst ongoing debate within the cryptocurrency community regarding the regulatory status of Ethereum.

Sonnenshein’s defense is rooted in the precedent set by former SEC Director Bill Hinman, who previously stated that Ethereum does not qualify as a security. By referencing Hinman’s remarks, Sonnenshein highlights the historical context surrounding Ethereum’s regulatory journey and reaffirms its classification as a commodity.

Moreover, Sonnenshein seeks to reframe the discourse surrounding digital asset offerings, particularly Ethereum. He ai...

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4 Crypto Gems To Buy To Flip $500 To $50,000 As Bitcoin Recovers
CoinGape (RSS)

The bullish trend in the cryptocurrency market is making headlines again, with Bitcoin leading the charge past the $66,000 mark. This surge has sparked interest in notable crypto gems to buy, including Shiba Inu Coin (SHIB), Sui (SUI), Injective (INJ), and Terra Luna Classic (LUNC). These assets are now viewed as potential cryptos for substantial returns, riding the wave of Bitcoin’s recovery.

1. Shiba Inu Coin (SHIB)
Shiba Inu Coin (SHIB), originally inspired by internet memes, has made significant strides in the decentralized finance arena, supported by a vast, global community. This meme-origin digital currency has seen rapid increases in both its popularity and market value.

After experiencing fluctuations, SHIB has entered a phase of growth. Interest from investors has surged, as evidenced by a 28% rise over the last month and an impressive 262...

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