Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
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UAE’s RAKBANK teams up with Bitpanda on digital asset platform for residents [cointelegraph]
The new digital asset management platform still requires the approval of the Central Bank of the United Arab Emirates.
Tether expands USDT to Aptos blockchain for lower fees [cointelegraph]
Tether’s USDT is now live on the Aptos blockchain, aiming to enhance digital currency use with ultra-low fees.
A return to $50K? 5 Things to know in Bitcoin this week [cointelegraph]
BTC price performance is getting Bitcoin traders ready for a retest of lower support levels in the short term.
US mulls applying fiat reporting mandate on crypto transfers [cointelegraph]
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.
South Korean crypto exchange employees out-earn staff at major banks [cointelegraph]
Dunamu’s consolidated sales in the first quarter of 2024 reached $400 million, showing a 60.5% increase.
HashKey and Catizen join forces in TON ecosystem expansion [cointelegraph]
HashKey Group’s collaboration with Catizen on the TON ecosystem marks a significant step in Web3 and GameFi development.
Vitalik registers ‘defensive accelerationism’ (d/acc) ENS domain — but what is it? [cointelegraph]
Ethereum co-founder Vitalik Buterin has just paid around $500 to register a new Ethereum Name Service domain name called “dacc.eth.”
Australia took down 600 crypto scams, says AI will make it worse [cointelegraph]
Australia’s financial markets regulator says due to the evolving nature of technology, it’s becoming increasingly challenging for consumers to identify fraudulent schemes.
Ava Labs COO’s X account suspected as hacked after posting memecoin [cointelegraph]
The X account of Ava Labs’ operating chief, Luigi D’Onorio DeMeo, has been touting memecoins and other suspicious links, prompting many to warn it’s likely a phishing scam.