Goldman Sachs' asset management investment chief, Sharmin Mossavar-Rahmani, revealed the bank's decision against introducing crypto services, attributing this to client disinterest and the challenge of assessing Bitcoin's genuine value.
Three AI-focused crypto projects, specifically SingularityNET, Fetch․ai, and Ocean Protocol, are considering the merger of their tokens into a single ASI token, Bloomberg reports, without revealing its source.
The European Securities and Markets Authority (ESMA) has published its first final report on the regulatory framework for the crypto market under the Markets in Crypto-Assets Regulation (MiCA). This document presents ESMA's recommendations regarding the criteria for the proper registration of crypto service providers and the procedure for handling complaints. The report has now been submitted to the European Commission, with ESMA set to assist the government in implementing these recommendations as a consultant.
Kyle Davies, the co-founder of the now-bankrupt crypto fund Three Arrows Capital (3AC), tried convincing LayerZero's leadership to hand over their entire treasury to the fund just days before declaring bankruptcy. LayerZero Labs CEO Bryan Pellegrino revealed Davies offered enticingly high-interest rates for the deal.
A newly discovered computer virus specifically targets gamers who buy and use cheats, aiming to pilfer their login details and crypto holdings. To date, it has compromised over 4.9 million gaming accounts and an indeterminate amount of cryptocurrency.
