Things are going from bad to worse for Coinbase’s Base layer-2 network. Just weeks after $23 million in BALD token liquidity was rug-pulled, Magnate Finance has exit scammed with $6.5 million. Initial reports…
Multiple attorneys have moved in and out of the lawsuit between Ripple Labs, executives and the United States Securities and Exchange Commission (SEC), as signified by court filings on Aug.23. The latest motions…
Aditya Baradwaj, a former employee at Alameda Research, has spilled the beans regarding his experience working for Sam Bankman-Fried’s now-defunct investment firm. “As an engineer at Alameda Research, I had my entire life…
A group of disgruntled cryptocurrency investors have launched a class action against Atomic Wallet, which suffered a major breach and $100 million in losses in June. Dozens of high-net worth investors from Russia…
US President Joe Biden has introduced a new plan to alleviate student debt and encourage saving in an effort to control the country’s debt crisis. A crypto-savvy younger generation with potentially more savings…
The United States Securities and Exchange Commission (SEC) lawsuit against Ripple filed in December 2020 has deprived the XRP token of nearly three years of adoption in the United States, said pro-XRP lawyer…
The Bitcoin Legal Defense Fund, a non-profit organization founded by Twitter founder Jack Dorsey, has challenged its alleged obligation to assist Craig Wright in reclaiming his purportedly stolen billions in Bitcoin. In the…
Google, the parent company of YouTube, responded to a report that suggested YouTube advertisers are sourcing data from children viewing videos on the platform. On Aug. 18, a day after the report surfaced,…
A handful of altcoins are starting to show promising signs of recovery following last week’s crypto market crash. However, Bitcoin remains in the digital doldrums having moved very little over the weekend. Over…
In a recent court decision, United States District Judge Beryl Howell upheld the stance of the U.S. Copyright Office that artworks created solely by artificial intelligence (AI) are not eligible for copyright protection….
The U.S. Securities and Exchange Commission (SEC) admitted that the underlying assets in its case against Ripple and Terraform Labs do not necessarily constitute securities. However, it intends to appeal the judge’s ruling…
While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the New Zealand Parliament has recommended a…
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has gotten serious about stopping the use of cryptocurrency for money laundering and other crimes. It has implemented much tougher requirements for companies…
ChatGPT, a major large language model (LLM)-based chatbot, allegedly lacks objectivity when it comes to political issues, according to a new study. Computer and information science researchers from the United Kingdom and Brazil…