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Consensys Slams SEC Crypto Approach Amid Ether ETF Approval

Consensys Slams SEC Crypto Approach Amid Ether ETF Approval

ConsenSys, the leading blockchain firm, challenges the SEC’s inconsistent and ad hoc approach to crypto regulation despite applauding the recent approval of Ethereum ETFs. The recent approval of Ethereum ETFs by the US SEC on May 23 rocked the crypto market, initially fuelling investor euphoria.  However, despite this significant achievement, the price of Ethereum declined, […]

Chainlink (LINK) Price Rises 7.5%, Breakout To Trigger Major Rally

Chainlink (LINK) Price Rises 7.5%, Breakout To Trigger Major Rally

Chainlink on-chain data shows a rise in active addresses from 2,900 on May 18 to 11,300 on May 21. LINK price eyes $22. In the past 24 hours, Oracle service provider Chainlink has decoupled significantly from the broader market correction, gaining over 6%.  The Chainlink (LINK) price is approaching its critical resistance level of $17.5 as of […]

Man Indicted for AI-Generated Fake Biden Robocalls

Man Indicted for AI-Generated Fake Biden Robocalls

A Democratic political consultant has been indicted over his role in launching AI-generated robocalls imitating US President Joe Biden A Democratic political consultant has been indicted concerning the dissemination of robocalls that replicated the voice of United States President Joe Biden and were generated by artificial intelligence. The indictment of New Orleans political consultant Steven Kramer on May 23, […]

Nvidia Stock Soars to All-Time High on AI Coin Surge

Nvidia Stock Soars to All-Time High on AI Coin Surge

The stock price of chip manufacturer Nvidia has reached an all-time high as investors anticipate an increase in AI coins. Nvidia reached an all-time high today, whereas other assets experienced market outflows. This follows the company’s Q1 2024 earnings report, which exceeded expectations and revealed revenues of $26 billion, an 18% increase over the previous three months.  The artificial […]