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Welcome to the United Kingdom — Please hand over your crypto

An April change to United Kingdom law will allow authorities to treat crypto like other assets by seizing it without accusing suspects of wrongdoing.

Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’

Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable.

GameStop tops Bitcoin's yearly gains in one day — Will GME spark an altcoin rally?

Mirroring the 2021 cycle, the profits from GameStop could spill into altcoins, catalyzing the start of the 2024 altcoin season. Could history repeat itself?

What is GPT-4o, and how is it different from GPT-3, GPT 3.5 and GPT-4?

GPT-4o is OpenAI’s most advanced AI model, surpassing its predecessors in speed, cost-efficiency and multimodal capabilities.

CoinShares posts record revenue in Q1, backed by markets, Bitcoin ETFs

CoinShares’ revenue, gains and other income reached 43.9 million pounds ($55 million) in the first quarter of 2024, a 216% increase year-over-year.

Unofficial GameStop memecoin surpasses $100M in market cap

The Solana memecoin has soared more than 2,000% in the past week following the surge in GameStop’s stock.

AI could screw gaming economy, The Voice Coach Battle, Axies: Web3 Gamer

AI could help small gaming firms, but it might also unleash a wave of crap. Plus we review addictive new Axie game Duet Monsters. Web3 Gamer.

Former CFTC Chair Chris Giancarlo joins Paxos board

Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.

Polymarket raises $70M from Vitalik Buterin, Founders Fund

Amid increasing U.S. regulatory scrutiny, popular crypto-based betting platform Polymarket has secured funding to expand its global operations despite restrictions.

Regulators are cracking down on financial privacy, but ZK-proofs can help

The convergence of ZK-proofs and decentralized identity systems could create more compliant privacy-preserving protocols, without sacrificing user privacy.

Bitcoin braces for Fed's Powell as trader says $65K key BTC price level

BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs.

DeFi may struggle to stay decentralized after new EU law

DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models.

Pre-launch token trading 20 times more volatile than post-launch trading — Keyrock

Pre-launch volatility underscores the critical role of liquidity in stabilizing markets, according to the report.

Deutsche Bank joins Singapore's asset tokenization project

Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.

Tornado Cash developer guilty of money laundering

Pertsev has been under arrest in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.

Vitalik Buterin proposes Ethereum gas model overhaul

Ethereum-based transactions currently have two gas fees: one for transaction execution and another for storing data.

Equalizer DEX hacker drains funds: Users warned, investigation underway

A hacker has siphoned tokens through a series of unauthorized transactions, leaving the crypto community in shock.

Amazon-backed Anthropic brings Claude AI chatbot to European users

Amazon and Google-backed AI startup Anthropic launches its powerful Claude chatbot in Europe, boasting strong language skills and real-time information access. Cointelegraph put it to the test.

Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving

Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan.

Coinbase recovers after system-wide outage, but user withdrawals remain offline

While the reason behind the three-hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange.

Tether freezes $5.2M in USDT linked to phishing scams

Since it launched, Tether has frozen over $1 billion worth of assets linked to illicit activities after requests from law enforcement agencies.

Stolen Poloniex Ether worth $53M never made it back to the exchange

The Poloniex hacker moved over 17,800 Ether from six different wallets into a single Tornado Cash address.

Bitcoin ‘guardrail’ gets stronger at $60K as bulls brace for macro data

BTC price moves become increasingly erratic in the hours leading up to a slew of U.S. macroeconomic data prints after Bitcoin bulls fail to flip $63,000.

Biden orders removal of Chinese-owned crypto miner near missile base

Entities owned by Chinese nationals “might take action that threatens to impair the national security of the United States,” said President Biden.

Coinbase website down as crypto exchange cites ‘system-wide outage’

Crypto exchange Coinbase suffered a "system-wide" outage, rendering the platform unusable.

Crypto exchange OKX launches local regulated entity in Australia

The expansion comes 12 months after the firm announced its intention to expand down under.

New daily Runes etched on Bitcoin falls 99% from post-halving peak

Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners.

GameStop sparked the 2021 memecoin bull run — will history repeat itself?

Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.

Historical cycle data suggests Bitcoin has left the ‘danger zone’ — Analyst

Following a 23% correction, Bitcoin may have just entered a post-halving reaccumulation zone, according to one analyst.

Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

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