Category: Uncategorized

Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More
From PayPal’s entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.

Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR

Aptos’ APT Token Slides Ahead of M Unlock
APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new “ChatBTC” is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT.

I Have 1M Questions About the PayPal Stablecoin. Here Are 5

Mantle Introduces New Governing Body for Treasury Management
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

CPI Preview: Bitcoin Unlikely to Get Bullish Catalyst
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job.

Congress, Not the SEC, Should Set U.S. Digital Asset Policy

Binance's VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange
Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.