Kansas City Federal Reserve President Jeff Schmid has made a statement on the hiring pause due to AI. Unemployment rate surged a little in February, and inflation data is yet to be published. If unfavorable, the crypto market could see a divergence to safer alternatives, given that crypto prices are
Investors are diverting their attention to Artificial Intelligence (AI). This means that they are potentially moving away from crypto startups, except for a few on strict terms. Reports about this come at a time when crypto prices are diving. Interestingly, AI has often been integrated by crypto teams to strengthen
The RVI stock of Robinhood has slipped by around 16% in the initial period of its trading on March 6. This came after the initiative wasn’t able to meet its $1 billion goal in its IPO raise plan. Venture Fund I, of the investment company, slipped 16% in its public
Binance exchange and its founder, Changpeng Zhao (CZ), secured a legal win after a U.S. Court dismissed all claims on cryptocurrency transactions allegedly linked to 64 terrorist attacks globally between 2017 and 2024. The court ruled that the plaintiffs failed to prove that Binance knowingly supported the attacks. According to
The Indian Government has amended tax rules for digital assets in response to the overall reporting framework and updates to CRS, an acronym for Common Reporting Standard. It has also clarified simple compliance for low-risk accounts while setting important guidelines for financial institutions. Market experts have hailed the move by
The officials from the crypto industry are integrating via US President Donald Trump’s National Cyber Strategy after it got released on March 6, looking for hints regarding what it could indicate for government support of the crypto industry. Alex Thorm, the head of firmwide research of Galaxy Digital, mentioned in
US President Donald Trump has reportedly sought the unconditional surrender of Iran. This has triggered speculation about how long the Middle East conflict could go on. For now, the crypto market has reacted with heavy dips as all the major tokens are down over the last 24 hours. A similar
Florida lawmakers passed the first comprehensive bill for regulating stablecoins in the United States that aims to provide clear standards for issuers, monitoring, and consumer protection. On March 6, the Florida Senate passed Bill 314 with 37 votes in favor and zero opposition, and it is currently awaiting Governor Ron
The stablecoin-focused decentralised exchange, Curve Finance, has accused PancakeSwap of using its proprietary code to back the StableSwap function without having permission. The accusation was made on March 6 on X, where the Curve team highlighted that this action shows a direct breach of the StableSwap licence, alerting to the
The Russian central bank has announced a significant change as it regulates digital assets, suggesting that commercial banks and brokers are allowed to obtain licenses for cryptocurrency exchanges through a simple process instead of going through the entire licensing procedure. According to theInterfax reports, Central Bank of Russia Governor Elvira
