Kenya partners with Abu Dhabi's Venom Foundation to build blockchain, Web3 hubThe blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa.May 10, 2023Hermi De Ramos
S&P Global attempts to assess crypto assets’ susceptibility to macroeconomicsThe ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling.May 10, 2023Derek Andersen
DCG settlement with Genesis still undecided as 30-day mediation period proceeds The settlement plan proposed in February would give Genesis creditors 80% recovery of funds, but many raised demands, leading to the mediation.May 10, 2023Turner Wright
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM execAI experts from IBM, NYU and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for Artificial Intelligence.”May 10, 2023Tristan Greene
Tether has $1.5B in Bitcoin reserves: BDO ItaliaThe financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals.May 10, 2023Tom Blackstone
IRS claiming $44B from FTX bankruptcy: ReportThe single biggest claim involves unpaid partnership and income taxes of $20.4 billion assessed against Alameda Research.May 10, 2023Zhiyuan Sun
Ethereum derivatives flirting with bearishness: Mind the $1,820 supportThe failed rally above $2,000 on May 6 has proven that ETH bulls are nowhere near comfortable adding leveraged longs.May 10, 2023Marcel Pechman
US lawmakers hold EU and UK as examples of crypto regulation in joint hearingWith the European Union coming closer to passing the Markets in Crypto-Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice.May 10, 2023Turner Wright
Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking.May 10, 2023Ezra Reguerra
Milady NFT floor price surges after Elon Musk tweetFloor prices for the anime profile picture collection hit a high of 7.8 ETH after Musk's promotion.May 10, 2023Zhiyuan Sun
$176M of Do Kwon's assets are frozen: ReportThe frozen assets include an apartment complex, an officetel, several imported cars and various financial assets.May 10, 2023Zhiyuan Sun
Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees Proceeds come from base fees and surplus revenue generated from network transactions. The incentive follows a recent clash between Arbitrum’s team and its community.May 10, 2023Ana Paula Pereira
Here’s why crypto prices are downOn this week’s episode of The Market Report, Cointelegraph’s resident expert discusses why Bitcoin has been unable to break through the $29,000 level and why crypto prices have been falling.May 10, 2023Marcel Pechman
Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTCBitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release, but bulls may find it difficult to continue the recovery at higher levels.May 10, 2023Rakesh Upadhyay
Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000.May 10, 2023William Suberg
ParaSpace team clashes with CEO over alleged whereabouts of protocol fundsProtocol developers demand that CEO and chief technology officer Yubo Ruan step down, while Ruan has accused the development team of an “illegal takeover.“May 10, 2023Zhiyuan Sun
PEPE vs. DOGE: How the memecoins performed their first time hitting a $1B market capIn a recent Cointelegraph Twitter poll, DOGE was voted as the memecoin that will have had the largest market capitalization by 2025, with PEPE coming in second place.May 10, 2023Ezra Reguerra
Pepe sans crypto: Mods purge crypto from the original meme subredditAfter the explosion in popularity of the Pepe memecoin, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law.May 10, 2023Savannah Fortis
PactDAO’s Marisa Rando on mutual aid, DAOs and activism: The Agenda podcastPactDAO co-founder Marisa Rando says the decentralization of mutual aid collectives is key to catalyzing activism and building stronger communities.May 10, 2023Ray Salmond
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says execDBS Bank’s crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.May 10, 2023Helen Partz
William Clemente III tips Bitcoin will hit six figures toward end of 2024: Hall of FlameWill Clemente III was tapped by Pomp to start a research firm and says current BTC buyers are in it for the long haul.May 10, 2023Ciaran Lyons
Ethereum validators earn a record $46M as staking rewards rate surgesEthereum’s staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible.May 10, 2023Amaka Nwaokocha
Buzzfeed shutters news division, leans into AILess than one month after it shuttered its news division and laid off 180 staffers, BuzzFeed’s CEO says it’s “leaning into AI” in a Q1 earnings call.May 10, 2023Savannah Fortis
Bitcoin eyes $28K push as traders demand CPI day BTC price volatilityBets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.May 10, 2023William Suberg
Biden calls to end $18B ‘crypto tax loopholes’ — Community begs to differReddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.May 10, 2023Ezra Reguerra
Aragon launches defensive measures against Arca’s ‘51% attack’The Aragon Association has pulled plans to give ANT holders voting rights over its DAO in the wake of the attack.May 10, 2023Tom Mitchelhill
AIs and fries: Wendy’s to trial chatbot drive-thru operatorWendy’s says its “FreshAI” bot will reduce costs, allowing funds to be focused elsewhere, but others worry that eventually, those less skilled will be jobless.May 10, 2023Luke Huigsloot
Bitcoin ‘under siege’ by BRC-20 coins as fees soar, claims analystBitcoin transactions and fees are at high levels, and 400,000 of them are still unconfirmed on the blockchain.May 10, 2023Martin Young
War of words: OKX takes a subtle jab at Coinbase in new ad campaignCrypto exchange OKX included a subtle shot at Coinbase in a new global ad campaign titled “The System Needs a Rewrite.”May 10, 2023Felix Ng
Bear market pushes crypto events to cut fluff, prioritize discourse“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked.May 10, 2023Ciaran Lyons