Latest news from the Web3 ecosystem
The Blockchain Association has put forward a new tax policy proposal for Congress, advocating for exemptions on small-value crypto transactions while suggesting taxation for mining and staking activities.
AI safety leader Anthropic has accused three Chinese companies of conducting a large-scale operation to steal data from its Claude AI model for training purposes. The alleged scheme involved thousands of accounts and millions of API calls.
Ethereum's value has seen a significant decrease, with its exchange-traded funds experiencing outflows for the first time this year. This trend coincides with a broader market correction for ETH.
Bitwise has acquired Chorus One, significantly expanding its institutional-grade staking infrastructure to encompass over 30 blockchain networks. This move enhances Bitwise's capacity to offer staked asset exposure.
Ether's price is experiencing bearish pressure as key on-chain metrics, including network fees and deposits, have fallen to multiyear lows. The outlook remains cautious pending stabilization in derivatives markets.
The European Securities and Markets Authority (ESMA) has issued a warning regarding crypto perpetual derivatives, suggesting they likely fall under existing regulations for Contracts for Difference (CFDs). This guidance impacts how these products can be marketed and offered within the EU.
Cryptocurrency exchange Kraken has introduced perpetual futures contracts for tokenized US stocks and gold, enabling leveraged trading for international clients. These new offerings aim to expand access to traditional asset markets within the crypto ecosystem.
Coinbase is expanding its platform beyond cryptocurrencies, now offering commission-free trading of stocks and ETFs to all US customers. This move integrates traditional securities with digital assets.
Payments infrastructure leader Stripe is reportedly considering a potential acquisition of PayPal, a move that could reshape the digital payments landscape and signal a significant consolidation within the fintech sector.
The integration of crypto wallets into autonomous AI agents is rapidly advancing, creating complex legal challenges that are yet to be addressed. This development signals a significant shift in how digital assets and AI interactions will be managed.
MoonPay has launched 'Agents,' a new infrastructure allowing AI systems to manage wallets and execute stablecoin transactions on blockchains. This move supports the burgeoning "agent economy."
Industry leaders debate the profound impact of artificial intelligence on the future of blockchain technology, with some envisioning mainstream adoption and others urging a more cautious approach.