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Bitcoin price rejects at $28K as analysts eye CME futures gap dip

Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin pauses into monthly closeData from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $27,700, having briefly spiked above the $28,000 mark.The

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Tenet, LayerZero partner to drive cross-chain liquid staking adoption

Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.Tenet has plugged into LayerZero’s cross-chain protocol to access the wider DeFi ecosystem across a number of different blockchains. The Cosmos-based blockchain is

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The future of DeFi is ReFi

The TradFi mindset is holding crypto back  The constantly evolving ecosystem of decentralized finance (DeFi) has emerged as a groundbreaking and experimental alternative to traditional finance (TradFi), demonstrating immense potential while simultaneously facing a myriad of challenges.  Paradoxically, some of the very behaviors that have long characterized TradFi — the

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What is fair use? US Supreme Court weighs in on AI’s copyright dilemma

Generative artificial intelligence models such as OpenAI’s ChatGPT are trained by being fed giant amounts of data, but what happens when this data is copyrighted?Well, the defendants in a variety of lawsuits currently making their way through the courts claim that the process infringes upon their copyright protections.For example, on

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