DeFi options protocol raises $17M for buy-side marketplace

The upcoming version will combine aspects of an automated market maker (AMM) and money market. Thetanuts Finance, a decentralized finance (DeFi) protocol offering crypto options contracts, has raised $17 million to offer a buy-side marketplace and expanded list of coins, according to an April 24 announcement from the team. Thetanuts Finance has completed a $17M […]

World Economic Forum highlights flare emissions for Bitcoin mining

The World Economic Forum (WEF) indirectly endorsed using flare emissions for mining Bitcoin. In an unexpected turn of events, the lobbying group released a video featuring Chase Lochmiller, the CEO and co-founder of Crusoe Energy, talking about turning waste methane emissions into energy. Crusoe Energy takes mobile and modular infrastructure to oil and gas sites […]

U.S. Treasury Targets Trio Of North Koreans Linked To Lazarus Group Crypto Attacks

The post U.S. Treasury Targets Trio Of North Koreans Linked To Lazarus Group Crypto Attacks appeared first on Coinpedia Fintech News The U.S. Treasury Department is ramping up its efforts to combat cybercrime, specifically targeting three North Koreans allegedly involved in supporting the notorious Lazarus Group, known for its high-profile cyberattacks and cryptocurrency-related thefts. On […]

OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI

The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence. Mira Murati, the chief technology officer at OpenAI, believes government regulators should be “very involved” in developing safety standards for the deployment of advanced artificial intelligence models such as ChatGPT.  She also believes […]

Bybit to introduce mandatory KYC requirements starting May 8

Users without Know Your Customer verification had a daily withdrawal limit of 20,000 USDT on Bybit prior to the announcement. Starting May 8, Know Your Customer (KYC) identity verification will be mandatory for all products and services offered by cryptocurrency exchange Bybit. According to an Apr. 24 update, Bybit users who have not completed KYC […]