California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
NFTs can be securities but SEC Wells notice to OpenSea ‘not productive’ — Lawyer
Atlas Development chief legal officer Oscar Franklin Tan stated that the Wells notice “does everything except provide us with clear rules to follow.”
Oasys partners with financial giant to boost Web3 gaming in Japan
The partnership strengthens SBI’s position in the Web3 gaming sector while enhancing Oasys’ token liquidity.
TON Events: Network Faces Repeated Outages Amid DOGS Hype, Update on Durov’s Arrest
The Open Network (TON) faced yet another setback this week, with its second major outage within 36 hours, which temporarily disrupted blockchain functionality. During this period, the TON network has endured over 12 hours of outages in total. TON Network Buckles Under Pressure The network went offline at 7:17 pm UTC on August 28, and
CEO of South Korean Crypto Firm Haru Invest Stabbed During Trial: Reuters
Haru Invest CEO Hyung-soo ‘Hugo’ Lee was stabbed during his appearance in court during a trial for fraud. Lee's injuries are not life threatening and the police have caught the attacker. The CEO of South Korean crypto yield firm Haru Invest, Hyung-soo ‘Hugo’ Lee, was stabbed while appearing in court during his fraud trial, Reuters
Crypto Market Has Evolved in the Past Year, Canaccord Says
The crypto market is back in growth mode following a period of consolidation, the report said. Canaccord noted that the launch of spot ETFs in the U.S. has led to broader institutional adoption of digital assets. Institutional allocations to crypto are expected to increase, the broker said. The digital assets industry has bounced back from
Can Prediction Market Boom Continue After Election? This Crypto Team Has a Plan
SALT LAKE CITY — As Kyle DiPeppe sees it, crypto's prediction market fad has a looming expiration date: Nov. 5, 2024. Election day will bring judgment for hundreds of millions of dollars in bets placed on the U.S. presidential contest and the myriad other political races that have turned sector leader Polymarket into a massive
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex’s Name to Be Taken Down
An Indian court has ordered the takedown of websites using Mudrex's brand to scam people. The Ministry of Communications was given a week to comply with the order. Cryptocurrency exchange Mudrex won a court order asking India's Ministry of Communication to take down as many as 38 websites using the company's name to carry out
$3K Ethereum price breakout likely delayed until October
Ether price must still overcome the key $2,700 resistance before positioning for a breakout above $3,000 in Q4 2024.
The Open Network experiences another network outage
According to Tonscan, the last transaction on the network came from an address ending in 'J37’, and the last workchain block at 45,350,522.