Coin Prices

BNB

$262.20

-0.32%

XRP

$0.533653

2.30%

EOS

$0.900845

1.95%

NEM

$0.02903257

0.62%

WAX

$0.04897242

0.97%

IOST

$0.0085261

-0.26%

Bonk

$0.00000038

-0.99%

Kin

$0.00000643

-3.93%

OST

$0.00042348

-1.18%

FTX

$1.032

-0.27%
Price data by
AD

News

Insights into the biggest events shaping the crypto industry.

Business
SAND

No Metaverse? No Problem, Says the Sandbox COO on Apple's VR Headset Launch

“This is groundbreaking,” said Sebastien Borget, Chief Operations Officer for The Sandbox, regarding the new Apple VisionPro Augmented Reality Headset. At this year’s Apple Worldwide Developers Conference (WWDC2023), the tech giant unveiled its most recent device: the Apple VisionPro. Set to launch in 2024, it is a mixed reality (MR) headset, combining virtual reality (VR) with augmented reality (AR). Despite the high price point–$3,499–it’s earned high praise from the crypto metaverse exec. Bo

·

Jun 9, 2023

Business

Binance US Shifts to ‘Crypto-Only’ Operations Amid Intensified SEC Scrutiny

Under escalating pressures from the Securities and Exchange Commission (SEC), Binance's US subsidiary has made a radical decision affecting its clients. Binance.US announced late on Thursday that it would suspend dollar deposits on its platform. Similarly, it informed its customers that banking partners are preparing to temporarily halt the fiat (USD) withdrawal channels as early as next Tuesday. “Irrespective of the baseless claims, and in light of the Commission’s increasingly aggressive tacti

by Mattis Meichler ·

Jun 9, 2023

Artificial Intelligence

Marc Andreessen Warns Against 'Government-Protected Cartel' of Major AI Firms

In a lengthy Twitter thread, Marc Andreessen—noted venture capitalist and co-founder and general partner at Andreessen Horowitz—laid out the case for allowing AI development, but warned about creating a “government-protected cartel.” "Big AI companies should be allowed to build AI as fast and aggressively as they can—but not allowed to achieve regulatory capture, [and] not allowed to establish a government-protect cartel that is insulated from market competition due to incorrect claims of AI ris

by Jason Nelson ·

Jun 8, 2023

Gaming

HyperPlay Raises $12 Million to Accelerate Web3 Game Launcher

HyperPlay, a platform (or launcher) for accessing Web3-native games, has raised a $12 million Series A funding round co-led by Griffin Gaming Partners and Bitkraft Ventures. Ethereum software studio ConsenSys also participated in the round. The startup was founded last November as a joint initiative between ConsenSys, the parent company of popular Ethereum wallet MetaMask, and the gaming-centric DAO (or tokenized community) Game7. Pseudonymous founder JacobC.eth was previously an operations lead

by Andrew Hayward ·

Jun 8, 2023

Business

If You Don’t Like It, Leave: CZ's Message to Employees After SEC Leaks Chat Logs

Binance CEO Changpeng Zhao (CZ) has issued a warning to employees regarding their internal communications, according to reports, following a lawsuit from the U.S. Securities and Exchange Commission (SEC) on Monday. “Everything you say could end up in court (or on the internet) one day,” he wrote employees according to a translated copy of a memo seen by Odaily Planet Daily on Thursday. SEC Sues Binance and CEO for Alleged Securities Violations The executive’s warning follows the SEC’s recent lea

by Andrew Throuvalas ·

Jun 8, 2023

Business

Elizabeth Warren Wants Another DOJ Investigation Into Binance, Binance US

Senators Elizabeth Warren (D-MA) and Chris Van Hollen (D-MD) have sent a letter to U.S. Attorney General Merrick Garland to ask that the Department of Justice (DOJ) investigate Binance for allegedly lying to lawmakers. The letter claims that Binance and Binance.US “may have also made a series of false statements to Congress” by saying they were separate entities and that Binance.US prioritized regulatory compliance. Both senators urged the DOJ to conduct a “rapid and thorough” investigation on t

by Pedro Solimano ·