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Coinbase Faces Backlash Over Mischaracterization of PepeCoin as a Hate Symbol

TL;DR: Coinbase faces criticism for labeling PepeCoin (PEPE) as a hate symbol in a recent newsletter. PEPE community members express outrage and initiate a campaign against Coinbase. Coinbase’s top lawyer...
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You Thought Your Crypto Mining Chips Were Powerful?

They are nowhere near strong enough for AI TL;DR: Crypto mining GPUs and AI training have different requirements: mining values hash power, while AI needs GPUs with abundant vRAM. GPUs...
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Crypto Is Near Impossible To Do In The States Now

  TL:DR US crypto businesses face a complex regulatory environment and lack of legal clarity. The fragmented regulatory framework and tax implications create additional challenges for crypto businesses in the...
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Roblox Is Forever As Metaverse Fades Into The Sunset

TL;DR: Roblox reports 22% increase in Q1 2023 revenue and DAU count. The company saw over $655 million in quarterly revenue and hit a new all-time high in daily active...
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There Is No Sleep For Those In DeFi Security

  TL;DR: DeFi cybersecurity is crucial for protecting the Web3 community, which lost $4 billion to scams in 2022. Immunefi pays security engineers for detecting exploitable errors in code before...
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$5M A Month For One Snapchat Model As An AI

TL;DR: Caryn Marjorie has created an AI avatar, CarynAI, that offers virtual companionship for $1 per minute. CarynAI has more than 1,000 virtual boyfriends and has made $71,610 in revenue...
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New York Attorney General proposes New Crypto Rules 

  TL;DR: New York Attorney General Letitia James has proposed a new set of rules for the crypto industry in the state aimed at creating greater transparency, conflicts of interest,...
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Capitalizing On The Average Person’s Distrust Of Banks

TL;DR: Chime is a fintech company that is taking advantage of the high consumer distrust of traditional banks due to recent failures and high fees they need to charge to...
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Any Chance Of SBF Walking Away A Free Man?

  Sam Bankman-Fried, founder of the now-defunct FTX crypto exchange, seeks to have 10 of his 13 criminal charges dismissed in a Manhattan federal court, with his lawyers arguing the...
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Crypto Firms Are Putting Their Foot Down Against The SEC

  Coinbase, a16z, and the Blockchain Association have written separate letters to the SEC opposing its proposed custody rule change. The proposed change would allow the SEC to oversee all...
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