The Daily Scrypt

Silicon Valley’s Proof Group, part of Celsius buyer group, is bidding to restart the collapsed crypto exchange FTX.

Elon Musk has revealed Grok, an AI chatbot for his X platform inspired by ‘The Hitchhiker’s Guide to the Galaxy’ with a penchant for sarcasm. It will be available to premium subscribers after testing.

Just before its developer conference, a major ChatGPT update was leaked showing new tools to build custom chatbots and a paid subscription. The AI advances could position OpenAI as a metaverse platform.

PayPal Holdings Inc. has been issued a subpoena by the U.S. Securities and Exchange Commission (SEC) requesting information related to the company’s new PYUSD stablecoin.

With a $20 million settlement being considered a legal victory for Ripple, the highly publicized court battle between the blockchain startup and the Securities and Exchange Commission (SEC) seems to be coming to an end.

Senator Cynthia Lummis is pushing back against the SEC’s increased oversight of the crypto industry, pledging to block a controversial accounting rule affecting digital asset companies.

The Render Network has introduced a new incentives program offering rewards to node operators who provide computing power for AI/ML projects on the network.

The declining stablecoin supply appears to have leveled off, sparking debate on whether it signals growing crypto demand or more nuanced factors.