SEC faces criticism on crypto staking guidance

SEC faces criticism on crypto staking guidance

The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services.  On May 29, the SEC’s Division of Corporation Finance issued new guidance on crypto staking services, claiming that certain offerings may not constitute securities and effectively exempting proof-of-stake blockchains from registration…

Amazon slashes $120 off the popular JBL Boombox 3, making it even more appealing

Amazon slashes $120 off the popular JBL Boombox 3, making it even more appealing

If you ask Google “What is a boombox?”, it will give you an answer along the lines of: “A boombox is a large, portable player that delivers powerful sound.” And we can confidently say that this description perfectly fits the JBL Boombox 3. Firstly, with a width of 19 inches, a height of 10.1 inches,…

A new Nothing Phone (3) leak gives away pricing and a possible new product

A new Nothing Phone (3) leak gives away pricing and a possible new product

A recent leak has provided new details about Nothing’s upcoming flagship, the Phone (3), including pricing and an unexpected hint about a new product called Headphone (1). This update arrives shortly after hints emerged suggesting Nothing may phase out its signature Glyph interface, raising questions about the brand’s future design approach.According to information shared via…

Ethereum Signals Uptrend With Key Candlestick Pattern, Could A Rally Follow?

Ethereum Signals Uptrend With Key Candlestick Pattern, Could A Rally Follow?

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In the past few days, Ethereum has been struggling below the $2,600 price level after the general crypto market took a bearish hit, halting its recent upward trend. While ETH’s price has faced notable bearish movements, there is still a possibility that…

Breakneck data center growth challenges Microsoft’s sustainability goals

Breakneck data center growth challenges Microsoft’s sustainability goals

Microsoft’s new sustainability report, released late last week, shows how a carbon-heavy economy can weigh on a company that wants to be carbon light. Since 2020, its carbon emissions are up 23.4%, mostly a result of breakneck data center buildout to support its growing cloud and AI operations. Buying enough clean electricity is actually the…

Tether expands Gold token reach with omnichain stablecoin

Tether expands Gold token reach with omnichain stablecoin

Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems. The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows tokens to be transferred through blockchains without wrapping…

IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC

IBM acquires data analysis startup Seek AI, opens AI accelerator in NYC

IBM on Monday said that it has acquired Seek AI, an AI platform that allows users to ask questions about enterprise data using natural language, for an undisclosed sum. Seek CEO and founder Sarah Nagy said that the startup’s technology will be a key part of Watsonx AI Labs, IBM’s new NYC-based AI accelerator, which…