China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent.
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‘The war room was despondent’ — Scaramucci recounts FTX collapse at Consensus
The SkyBridge founder said that Binance CEO Changpeng Zhao is not to blame for the collapse.
Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new “Robinhood Connect” service and numerous updates to its app.
US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues like agency turf wars and regulator fitness in hearings on regulatory gaps.
Arkham denies buggy Mt. Gox alerts to blame for 7% Bitcoin price crash
Blockchain analytics firm Arkham Intelligence has denied playing a role in the flash crash that saw Bitcoin fall 7% in less than an hour.
Metaverse division’s $4B loss drags on positive first quarter for Meta
Zuckerberg expects Reality Labs operating losses to increase year-over-year in 2023.
Hong Kong security regulator to issue crypto license guidelines in May
The crypto business guidelines were reportedly revealed by the chief executive of Hong Kong’s Securities Futures Commission, Julia Leung.
Cameron Winklevoss claims regulatory double standards over banking crisis
The CEO of Gemini says things would’ve been handled differently if First Republic was a “crypto” bank.
Circle CEO warns of active and accelerating de-dollarization
The United States must capitalize on the “high demand” for digitally native U.S. dollars, particularly from those in emerging economies with weak local banking systems, the Circle CEO says.
One crypto wallet launched 114 dodgy memecoins in two months
According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.