The Shenzhen Local Financial Supervision Authority has issued a "Risk Warning on Speculation in Virtual Currency Trading," warning that virtual currencies lack a clear value basis.
AlexThe European Central Bank (ECB) is expected to cut its interest rate by 0.25% to 4.25% on June 6. This rate cut could boost investor interest in risk assets like Bitcoin. Bitfinex's derivatives head, Jag Kooner, told Cointelegraph: "The ECB is expected to cut rates next week to stimulate economic growth. Lower rates typically weaken the euro and increase liquidity, which can boost risk assets, including Bitcoin."
AlexWarren Buffett's Berkshire Hathaway experienced a sudden 99% stock price crash, which the NYSE attributed to a technical glitch. Former U.S. defense contractor Edward Snowden suggested that Bitcoin could solve this problem.
AlexThe coming weeks could be crucial for Worldcoin, which faces significant challenges in the EU due to a series of privacy complaints, while Spain has extended its ban on Worldcoin until year end. With ongoing regulatory scrutiny, the question arises: Is the end near for Worldcoin?
CatherineIn the recent Solana Hackathon MCM competition, four award-winning projects involved AI technology. These teams aim to apply Web3 technology to real-world problem-solving, potentially paving the way for a new trend in the Solana ecosystem beyond Memecoins.
MiyukiCryptocurrency trading platform Bitpanda announced yesterday that it has partnered with Germany's largest bank, Deutsche Bank, to provide users with real-time fiat payment services.
WeiliangCryptocurrency exchange DMM Bitcoin reported on the 31st of last month that 4,502.9 BTC were illegally transferred from its official wallet, resulting in a loss valued at 48.2 billion yen (USD 311 million). In response to this incident, the seventh largest cryptocurrency theft in history, Japan's Financial Services Agency has demanded that DMM Bitcoin provide a report on the cause of the theft and its customer compensation policy.
AlexBitcoin mining company Core Scientific announced today that it has signed a 12-year partnership agreement with cloud computing provider CoreWeave. The estimated total revenue from this agreement is expected to exceed $3.5 billion. This highlights the trend of Bitcoin mining companies actively seeking diversified revenue streams following the Bitcoin halving.
MiyukiLayerZero's self-reporting program for witch addresses officially concluded at the end of May. Today, the protocol's CEO, Bryan Pellegrino, stated that the list of witch addresses is not yet finalized, and users can still submit objections.
WeiliangMiss AI debuted as the first beauty contest with AI models and AI-generated judges just last month. The top 10 shortlist is now out, but are we pushing AI too far and distorting societal beauty standards?
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