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In the US, targeted crypto legislation ‘could start the ball rolling’

[ad_1] Coinbase has been tussling with the United States Securities and Exchange Commission (SEC) for over a year, trying to force the agency to provide clear digital asset rules. When Coinbase’s original petition, filed in July 2022, received no answer, it filed another in the U.S. Court of Appeals for the Third Circuit in April, complaining about the “unreasonable agency delay.” This latest writ of mandamus petition has drawn significant industry
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South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal

[ad_1] Prosecutors in South Korea raided the offices of two local cryptocurrency exchanges due to investigations surrounding the digital assets of lawmaker Kim Nam-kuk.According to a report from the South Korean news agency Yonhap, a team of prosecutors from the Seoul Southern District Prosecutors Office raided cryptocurrency exchanges Upbit and Bithumb for transaction records and other materials. Kim is said to operate his digital asset wallets on Upbit and Bithumb.
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Lufthansa, Eurowings, other travel industry players push forward with Web3

[ad_1] After the recent launch of the Camino Network travel-focused blockchain, legacy travel companies are looking toward a Web3 future. Cointelegraph spoke with executives at Europe-based airlines Lufthansa and Eurowings — two of the first companies to use the Camino Network — to understand how Web3 integrations bring this industry to its next generation.Johannes Walter, the head of channel partners at Lufthansa Group, said he believes “decentralization and tokenization” will create opportunities
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What industries will be affected?

[ad_1] Artificial intelligence has been growing at an unprecedented rate in recent years and is being integrated into a range of industries. But its rapid growth has sparked concern over job losses, as many tasks previously performed by humans could soon be automated by AI.For example, on May 1, IBM CEO Arvind Krishna told Bloomberg that 7,800 jobs at the firm could be replaced by AI and automation over the next