Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China
A blockchain and AI technology firm has scored a major deal to help provide the financing as China upgrades its buses to run on electricity.
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Soccer Star Cristiano Ronaldo Faces $1B Class Action Suit Over Binance Endorsement
Soccer great Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with cryptocurrency exchange Binance.The suit, dated Nov. 28 and filed in the District Court for the Southern District of Florida, in Miami, alleges that Ronaldo "promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in
Lightning Labs’ Taro Project Faces Halt as Judge Issues Temporary Injunction for Trademark Infringement
“I was having dinner with a developer friend and he mentioned ‘taro,’” said Lightning Labs CEO and co-founder Elizabeth Stark in a declaration in the case. “I knew that taro is a common ingredient used in Latin American, Southeast Asian and African cuisines, which were three key regions for the growth of this technology –…
‘A Good Thing’: Elon Musk Says He’s a Supporter of Bitcoin
It would be the most "entertaining and ironic outcome" if dogecoin "becomes the currency of earth in the future," Musk also said. Feb 1, 2021 at 9:09 a.m. UTCUpdated Feb 1, 2021 at 9:40 a.m. UTC‘A Good Thing’: Elon Musk Says He’s a Supporter of BitcoinTesla and SpaceX CEO Elon Musk has clarified that he…
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC).“I’m recommending a time-limited CFTC pilot program to support the development of compliant digital asset markets and tokenization,” said Caroline Pham, who holds one of the Republican
Crypto for Advisors: Are ETH ETFs Coming?
After the successful launches of the spot bitcoin ETFs in the US, the next question is whether ether ETFs will be approved, with a May SEC decision looming. David Lawant, head of research at FalconX, and Purvi Maniar, the company's general counsel, discuss the considerations of such an approval and present the case that it’s
Privacy Technology Firm Nym Plans Early 2024 Rollout of ‘Decentralized VPN’
Nym Technologies, a privacy infrastructure project backed by Binance Labs and the venture capital firm Andreessen Horowitz (a16z), said its "decentralized VPN" called NymVPN would launch in the first quarter of 2024."This brings together a decentralized VPN and a mixnet on the same network to offer users the highest level of privacy and security for
UN Warns Against Attending North Korean Crypto Conference Next Month
Jan 15, 2020 at 11:35 UTCUnited Nations image via ShutterstockThe United Nations is warning about the risks of attending North Korea's cryptocurrency conference in February.Reuters reports Wednesday that going to the event would probably be a violation of international sanctions, according to a confidential report soon to be put before the U.N. Security Council.The news…
Is Being the ‘Saudi Arabia of Money’ Good for America?
Sep 13, 2020 at 13:00 UTC(William_Potter/Getty Images)A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. On this week’s Long Reads Sunday, NLW looks at recent statistics suggesting that, based on a comprehensive set of measures of well-being, U.S. citizens are…