Bank of England Sets New Stablecoin Rules
The Bank of England is introducing regulations on stablecoins, aiming to manage risks while encouraging crypto innovation. Firms need approval to offer stablecoins.
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The Rapid Rise and Risks of GROK Hype Tokens
A new AI-themed cryptocurrency named GROK Token has rapidly amassed a $10M+ market cap as hundreds of similar tokens capitalize on the hype around Elon Musk’s new Grok chatbot.
DZ Bank Launches Blockchain Custody with Ripple
DZ Bank, the second largest bank in Germany, has partnered with blockchain company Ripple to launch a new cryptocurrency custody service using Ripple’s Metaco Harmonize platform, signifying the continuing convergence of traditional finance and blockchain in the German banking industry.
Bored Ape NFT Event Attendees Report Eye, Skin Issues
Attendees at Yuga Labs’ ApeFest event say they experienced eyeburn, vision issues, and skin irritation after a party featuring bright lights. Yuga is investigating.
Binance’s Crypto Dominance Fades
Binance has lost significant market share over the past year as exchanges like OKX and Bybit gain ground, per a new report.
Yuga Labs Partners With Magic Eden for Ethereum NFT Market
Yuga Labs and Magic Eden are collaborating to build an Ethereum NFT marketplace that will enforce royalty payments to creators.
Crypto Relaunch: FTX Eyes Celsius Bidder Proof Group
Silicon Valley’s Proof Group, part of Celsius buyer group, is bidding to restart the collapsed crypto exchange FTX.
Elon Musk Unveils Grok Chatbot with ‘Rebellious Streak’
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.
Leaked ChatGPT 4.0 AI to Enable Custom Bots, Paid Teams Plan
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.
SingularityNET Launches AGIX Staking on Cardano
AI firm SingularityNET has enabled staking rewards for its AGIX token on the Cardano blockchain. The move expands staking to a second major platform after Ethereum.