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Snapchat warned by UK data watchdog over AI chatbot risks
6.10.2023
Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and address its privacy risks
Musk vs SEC feud over Twitter acquisition continues
6.10.2023
Elon Musk has been in a legal battle with the SEC since his Twitter takeover. Now called X, Musk paid $44 billion to acquire the platform in October 2022. The SEC is currently forcing Musk to testify in the acquisition case. The SEC has alleged that Musk broke a number of federal securities laws...
CD Projekt Red Spent Over $120 Million Saving Cyberpunk 2077’s Reputation
6.10.2023
Cyberpunk 2077’s highly acclaimed and massive expansion, Phantom Liberty, almost feels like its own game. That’s probably because the developers behind the expansion spent over $60 million on developing Phantom Liberty and $21 million on marketing it, bringing the total cost of producing the DLC...
Banks Would Have to Disclose Crypto Holdings Under New BIS Plan
5.10.2023
The Basel Committee on Banking Supervision previously recommended swingeing capital constraints on holdings of unbacked cryptocurrency
A Shot at Full Recovery? Amazon’s Billions to Anthropic Ignite Hopes for FTX Creditors
4.10.2023
FTX creditors might see a silver lining following the recent partnership between Anthropic and Amazon, as the tech behemoth unveiled plans to pour up to $4 billion into the budding artificial intelligence (AI) startup. Over on the social media haven X, a cadre of FTX creditors, united under...
Ex-Dragon Age Devs Sue BioWare Over Denying Full Severance
4.10.2023
BioWare laid off 50 employees at the end of August. Mary Kirby was one of them. A 17-year veteran of the studio beloved for its story-driven RPGs, Kirby has worked on every Dragon Age game, and her contributions have shown up in some of the series’ most memorable characters and questlines....
Terra Luna Classic Price Prediction as LUNC Falls to 100th Place in Coin Rankings – Is It All Over?
4.10.2023
The Terra Luna Classic price has dropped by 3% in the past 24 hours, with its fall to $0.00005928 leaving the altcoin in 100th place in terms of cryptocurrency market cap rankings.
LUNC is also down by 3.5% in the past week, and while it's actually up by 3% in the last 14 days, it remains down...
Lawyers debate over Ripple case after rejection of SEC’s motion for appeal
4.10.2023
Crypto lawyer Jeremy Hogan described the recent order as a “disaster” for the SEC, but other legal commentators are urging the community to temper its excitement for now
Kevin O’Leary Warns of Crypto Innovation Fleeing US Due to Regulatory Hurdles
4.10.2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members grilled U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler...
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
4.10.2023
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there
Bankman-Fried’s Legal Team Cries Foul Over Ukrainian Customer Testimony
3.10.2023
Attorneys for Sam Bankman-Fried have written a letter to the judge, requesting the court block a government witness, a Ukrainian customer who “lost a substantial portion” of his life savings due to the FTX collapse. Bankman-Fried’s lawyers believe the witness’s testimony...
Uptober Begins: Bitcoin’s Rally Sparks $40K Hopes; Yet $20K Threat Lingers
3.10.2023
The price of bitcoin (BTC) has risen 6% over the previous 30 days, pushed higher by factors such as its finite availability and growing investor confidence, according to this week’s Bitfinex Alpha report. Moreover, on October 1, a popular cryptocurrency trader suggested that $40,000 could...
From Half a Million to 27K: Bitcoin’s Transaction Backlog Set to Clear for First Time in Four Months
3.10.2023
It’s been a captivating four months since Bitcoin’s mempool last emptied, and with the recent downturn in Ordinal inscriptions this month, the backlog now holds a mere 27,210 unconfirmed transactions. Bitcoin’s Transaction Backlog Nears End as Ordinal Inscriptions Wane A little...
Lido, Coinbase, and Rocket Pool Corner 89% of Ethereum’s Booming $20 Billion Liquid Staking Market
3.10.2023
Since 2020, applications for liquid staking on the Ethereum blockchain have seen steady growth, and as of the first week of October 2023, a total of 23 liquid staking derivatives (LSD) platforms hold 12.4 million ether, valued at over $20 billion. Currently, the top three LSD protocols hold sway...
Worldcoin Kenya Controversy: Cabinet Secretary Blasted for Inconsistent Statements About Project’s License Status
3.10.2023
A Kenyan parliamentary committee tasked with investigating Worldcoin’s activities in the African country has reportedly censured a government official over his inconsistent statements about Worldcoin’s license status. The committee also said it found that Worldcoin’s...
Tom Hanks, MrBeast and other celebrities warn over AI deep fake scams
3.10.2023
Instances of celebrities and public figures continue to surface regarding AI deep fakes with their likeness circulating around the web promoting scams or products
Bitcoin traders demand 'slow grind' up after BTC price drops over 4%
3.10.2023
BTC price support gives in to sellers at six-week highs, but Bitcoin remains in its classic trading range
Binance CEO Changpeng Zhao Faces Class-Action Lawsuit Over Alleged Role in FTX's Collapse
3.10.2023
Binance CEO Changpeng Zhao and Binance.US are facing a class-action lawsuit filed by a California resident Nir Lahav for their alleged role in causing the downfall of rival exchange FTX.
The lawsuit further accuses them of various violations of federal and California law related to unfair...
Shiba Budz is winning the popularity race over Pepe and Shiba Inu. Here’s why
2.10.2023
In the world of meme-based cryptocurrencies, Shiba Budz (BUDZ) has emerged as a clear frontrunner, surpassing its competitors, Pepe (PEPE) and Shiba Inu (SHIB), in terms of popularity and growth. This article delves into the reasons behind Shiba Budz’s success and its lead in the popularity...
Friend.tech revenue surges over 10,000 ETH, TVL tops 30,000 ETH
2.10.2023
The decentralized social media platform has continued to thrive since it launched in the second week of August and has hit multiple new highs despite critics predicting its downfall