Category: Crypto

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 […]

SEC backtracks on REX-Osprey staked ETFs

The United States Securities and Exchange Commission (SEC) responded to the effective registration amendment for Solana (SOL) and Ether (ETH) staked exchange-traded funds (ETFs) from ETF provider REX Financial and asset management firm Osprey Funds, raising concern that both investment vehicles do not qualify as ETFs due to their unique structures. According to a recent […]

DeepSeek Claims Upgraded Model Approaching ChatGPT, Gemini

DeepSeek, a China-based artificial intelligence company, has announced an upgrade to its AI chatbot, saying it can now offer enhanced overall logic, mathematics and programming with a reduced hallucination rate. According to DeepSeek, the upgraded model — DeepSeek-R1-0528 — has “significantly improved its depth of reasoning and inference capabilities.” The startup said the model’s overall […]

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