Author: Emma Davis

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Emma Davis

Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.

Articles by Emma Davis

Shanghai Upgrade Unlikely to Impact ETH Price, Says Ether Capital CEO

Ethereum’s Shanghai Upgrade Expected to Have Little Effect on Price, Says Ether Capital CEO

1 year ago 1 min read

Brian Mosoff, CEO of Ether Capital, a technology company focused on the Ethereum network, believes that the upcoming Shanghai hard fork is unlikely to have a significant impact on the price of ether (ETH). The network’s Shapella upgrade, which is scheduled to take place on April 12, will allow users to withdraw the ETH they have staked in the Ethereum blockchain’s consensus system. While there is a lingering fear in the market that the unlocking of staked ETH could lead to a rush to liquidate and pressure on ETH’s price, Mosoff doesn’t see this happening. In fact, he believes that

Two Google employees tried to stop the company from launching its own AI chatbot

Google’s AI Competitor to ChatGPT faces internal opposition: Report

1 year ago 1 min read

Artificial Intelligence (AI) technology is being met with resistance as more people express concerns about its impact on society. With AI chatbot ChatGPT from OpenAI and generative AI image makers like Midjourney and DALL-E 2, AI has become a major talking point. However, not everyone is on board with this emerging technology. According to a report from The New York Times (NYT), two Google employees tried to stop the company from launching its own AI chatbot, which is intended to rival OpenAI’s ChatGPT, as they believed the technology generated “inaccurate and dangerous statements.” Similarly, Microsoft employees and ethicists had raised

Robert Kennedy Jr.

US Presidential Candidate Robert Kennedy Sets Sights on Bitcoin with FedNow Criticism

1 year ago 1 min read

Presidential candidate Robert Kennedy Jr. has raised concerns over the Federal Reserve’s upcoming digital payments system, FedNow, and warned that it could be the first step towards the government banning Bitcoin. According to Kennedy, the government’s use of a Central Bank Digital Currency (CBDC) could lead to “financial slavery and political tyranny,” as it would allow the government to surveil citizens’ financial affairs and limit their spending. Kennedy has compared FedNow to the government’s seizure of gold 90 years ago, and said that it could be used to “ban and seize bitcoin.” The FedNow payment system is set to launch

Charles Hoskinson addressed various topics

Charles Hoskinson Reveals Reason Behind Cardano’s Delay: Betting on the Wrong Tech

1 year ago 1 min read

Charles Hoskinson, the founder of Cardano, recently discussed the state of crypto and provide insights into Cardano. Hoskinson addressed various topics, including crypto adoption in Africa and issues surrounding Cardano’s delayed updates. Hoskinson explained the need to create Cardano, saying that building a new network involves rebuilding the network effect, but allows for an unadulterated vision, which is necessary for Cardano’s objectives. He also acknowledged the time it takes to get things done, with 85% of the initial roadmap already completed. Hoskinson believes that everything is going multichain, and to stand out, you need the right product-market fit, great user

Binance Australia has lost its financial services license

Australian Regulator Reportedly Revokes Binance’s Financial Services License

1 year ago 1 min read

Binance Australia has lost its financial services license after being investigated by the Australian Securities and Investments Commission (ASIC). The company misclassified retail and wholesale clients, allowing retail clients to purchase risky products that were only supposed to be available to wholesale clients. The decision to suspend or cancel Binance’s Australian Financial Services (AFS) license was made after discussions on March 29. Australian clients must unwind their derivative investments immediately, and Binance has until April 21 to ensure all derivative positions are closed. This comes after the US CFTC launched a probe into the exchange and CEO Changpeng Zhao, while

NYDFS has clarified that crypto was not responsible for the downfall of Signature Bank

New York Regulator Rejects Claims of Crypto’s Involvement in Signature Bank’s Issues

1 year ago 1 min read

The New York State Department of Financial Services (NYDFS) has clarified that crypto was not responsible for the downfall of Signature Bank. Speaking at a crypto industry conference on March 5, NYDFS Superintendent Adrienne Harris confirmed that the closure of Signature Bank was due to liquidity issues and not because of its digital asset clients. This contradicts mainstream media reports that blamed crypto for the bank’s closure. Federal regulators shuttered Signature Bank in mid-March, citing concerns about systemic risks posed by the crypto-focused bank. However, Harris explained that the bank’s failure was due to a “new-fashioned bank run,” as Signature

Ethereum has seen substantial gains in the past 24 hours

Ethereum Surges to 8-Month High

1 year ago 1 min read

Bitcoin and Ethereum, two of the largest cryptocurrencies by market capitalization, saw significant price movements in the past 24 hours. While bitcoin initially experienced a slump after news of Interpol issuing a Red Notice on Binance’s CEO, it has since regained its value and even soared to almost $29,000. The recent FUD (Fear, Uncertainty, and Doubt) surrounding Binance has had a temporary impact on Bitcoin but it was quick to recover. On the other hand, Ethereum has seen substantial gains in the past 24 hours, rising to an eight-month high above $1,900 ahead of the long-anticipated Shanghai upgrade. This price

Euler Claims Full Recovery of Stolen Funds in $200M Cyber Attack

Euler Finance Recovers Stolen Funds in Massive $200M Hack

1 year ago 1 min read

Euler Finance, a decentralized lending platform, announced on Monday that the hacker responsible for draining $200 million of assets has returned all “recoverable funds.” This positive development came after the hacker transferred 10,580 ether (ETH), worth approximately $19 million, to Euler. The return of these funds marks a significant milestone in resolving one of the largest crypto exploits of the year. The exploit took place last month when the lending protocol was hacked, resulting in the theft of almost $200 million worth of digital assets, including dai (DAI), wrapped bitcoin (wBTC), staked ether (sETH), and USD coin (USDC). However, over

The US government has announced plans to sell more than $1.17 billion worth of Bitcoin

US Government Set to Sell $1.17B in Seized Bitcoin from Silk Road Case

1 year ago 1 min read

The US government has announced plans to sell more than $1.17 billion worth of Bitcoin seized from hacker James Zhong, who was accused of stealing the virtual assets from the infamous Silk Road illicit marketplace in 2012. This comes after a federal court filing revealed that the government had already sold 9,861 BTC from the total amount of approximately 51,351 BTC seized for over $215 million on March 14th. With 41,491 BTC still remaining, the sale of the remaining assets would have a value of $1.175 billion at Bitcoin’s current value of $28,332. However, the government has stated that it

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies

Disney Shuts Down Metaverse Division in Major Restructuring Move

1 year ago 1 min read

Walt Disney is refocusing its priorities and is no longer pursuing Metaverse strategies, according to reports. The entertainment giant is eliminating its entire “next-generation storytelling and consumer experiences” division, which had almost 50 members, as part of its restructuring plan. The head of the Metaverse division, Mike White, has been promoted to SVP of consumer experiences and platforms, but it is unclear in what capacity he will function in the future. Disney’s move comes as the company seeks to make $5.5 billion in cuts and reduce its headcount by nearly 7,000 across the company over the next two months. Reports

around 51,000 Ether worth over $89 million was sent from the Euler Finance hacker's address back

Hacker Returns Portion of Stolen Funds to Euler Finance

1 year ago 2 mins read

The Euler Finance exploit has been making headlines for the past few weeks, with each passing day bringing more drama to the biggest decentralized finance hack of 2023. However, there is some good news as more than 50% of the stolen funds have been returned as per the latest update. On 25 March, around 51,000 Ether worth over $89 million was sent from the Euler Finance hacker’s address back to the deployer address, and a second transfer of 7737 ETH, equating to about $13 million, was carried out by the exploiter hours later. This news is a significant relief to

ony's Patent Reveals Plans for NFT Transfers Between Games

Sony Explores Cross-Platform NFT Transfers with New Patent

1 year ago 1 min read

Sony Interactive Entertainment, the powerhouse behind the PlayStation brand, has filed a patent for a new framework that could revolutionize the way nonfungible tokens (NFTs) are used in gaming. With a history of interest in the crypto industry, the company’s latest move highlights the potential for integrating NFTs into gameplay across multiple platforms. The patent, titled “NFT framework for transferring and using digital assets between game platforms,” outlines Sony’s plan to enable users to transfer and utilize NFTs in different games. This would allow NFTs to represent skins and other in-game functionalities, enhancing the gaming experience for players. The abstract

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