Category: crypto

Dr. Benjamin Beckmann, CTO at Midnight, discusses how blockchain technology, while offering transparency, also exposes users to privacy risks. Web3’s radical transparency can lead to personal information exposure, making it crucial to prioritize user control and data protection in order to achieve widespread adoption and empowerment in the future.

A recent update clarifies that a Spanish law requiring 24-hour notice and hefty fines for cash withdrawals over €3,000 actually targets banks and fintechs, not individual savers. The law aims to increase financial transparency by requiring institutions to report cash movements and card transactions. Privacy advocates and Bitcoiners are concerned about the implications.

The article discusses the challenges of reliability in AI models and the importance of AI model audits in critical sectors like healthcare and finance. It highlights the need for a ‘trust, but verify’ approach to enhance accountability and compliance in the AI industry. The article also emphasizes the continuous evaluation and verification of AI models…

UFC superstar Conor McGregor has endorsed the idea of an Irish Bitcoin strategic reserve, sparking debate about the country’s financial future. Proponents argue that holding Bitcoin alongside traditional assets can hedge against inflation and diversify national portfolios. McGregor’s support could influence decision-makers and bring the conversation into the mainstream.

Royal Decree 253/2025 in Spain requires banks and fintechs to report cash movements over €3,000, not individuals. The penalty of up to €150,000 applies to institutions failing to report, not private savers. The new rules increase financial transparency and align with EU anti-money laundering efforts, potentially boosting interest in cryptocurrencies.

Spot Bitcoin ETFs in the US hit a new all-time high of $40.3 billion in lifetime flows on May 8. This surge was driven by strong net flows and price recovery of Bitcoin. BlackRock’s IBIT dominated the market with nearly 92% of net flows, while Fidelity’s FBTC followed with 4.4%. This growth in ETF flows…

BlackRock met with the SEC Crypto Task Force to discuss regulatory issues related to crypto, including tokenization and staking. They reviewed digital asset offerings such as the iShares Bitcoin Trust and solicited input on regulatory compliance as the market matures. BlackRock also discussed incorporating staking features into ETPs and requested feedback on tokenization within existing…

Ark Invest CEO Cathie Wood believes the US economy is transitioning into a period of productivity-led growth fueled by AI, digital assets, and automation. She sees AI and automation reducing costs, boosting output, and controlling inflation. Wood also foresees Bitcoin and Tesla playing key roles in this economic transformation, with Ark maintaining long-term bullish price…

PumpSwap, a DEX launched by Solana-based memecoin factory Pump.fun, has reached $100 million in total value locked just 50 days after its debut. The platform has seen significant growth in daily activity and trading volume, defying predictions of the memecoin sector’s collapse. This growth coincides with a resurgence in memecoin trading, with top tokens posting…

Rumble, a video-sharing platform supporting alternative media voices, is developing a crypto wallet expected to launch in the third quarter of this year. The wallet will be non-custodial, tailored for creators, and will focus on Bitcoin and stablecoin storage. Rumble’s increasing presence in the digital asset space includes a recent Bitcoin acquisition and a $775…