NEAR has launched a NEAR Community Purpose Trust to accelerate the allocation of funds to grassroots projects and utilize an innovative legal framework based on the Guernsey Special Purpose Trust, a type of trust that separates the legal title to assets from the beneficial interest in those assets. The post NEAR launches $11M grassroots community trust registered in Guernsey appeared first on CryptoSlate.

Nvidia’s Chief Technology Officer, Michael Kagan, has expressed a negative view on cryptocurrencies, stating that they do not “bring anything useful for society,” whereas “AI does.” Crypto isn’t ‘useful for society’ According to Kagan, AI applications such as the chatbot ChatGPT have more value than mining crypto. The post Nvidia says ‘crypto adds nothing useful to society’ after billions in mining sales appeared first on CryptoSlate.

Coinbase moved forward with a Twitter Space on crypto regulation previously planned for Friday following the Wells Notice served to it by the SEC this week. The post Coinbase’s Brian Armstrong criticizes US crypto regulation, SEC behavior in Twitter Space appeared first on CryptoSlate.

Crypto exchange Uphold, which is integrated into the Brave Rewards program of the Brave browser, has sent an email to customers indicating that it will end its staking services to United States customers on April 27, 2023. The post Uphold ends staking for US customers following SEC guidance appeared first on CryptoSlate.

The cross-chain NFT marketplace Magic Eden has launched its long-anticipated gaming hub, Magic Eden Games, following an announcement on March 22. The post Magic Eden eyes growth in web3 gaming following launch of Magic Eden Games appeared first on CryptoSlate.