EU AI rules stifle innovation, Meta and Spotify CEOs warn
Zuckerberg and Ek’s concerns highlight the need for balanced regulation of emerging technologies.
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Bitcoin investors are bullish on the US Fed’s $100B loss
The U.S. Federal Reserve made a significant announcement on Sept. 14, revealing accumulated losses of $100 billion in 2023. What’s more, this situation is expected to worsen for the Fed, according to Reuters. But for risk assets like Bitcoin (BTC), this may actually be a blessing in disguise. The Fed in the redThe primary reason behind this

Nasdaq Lists Decentralized Finance Index for Digital Assets
Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.A disparate group of crypto assetsThe index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo…

Russian Central Bank Reportedly Conducted ‘Successful’ ICO Trial
An official from Russia’s central bank has revealed that the bank has recently conducted a "successful" experimental Initial Coin Offering (ICO), as cited by local news agency TASS Tuesday, September 11.Ivan Semagin, deputy director of the Financial Market Development Department for the Bank of Russia, told TASS:“Within a framework of the central bank’s sandbox, we…

Telegram’s TON exclusivity ‘not a limitation but a necessity’ — Steve Yun
Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.

FTX sues Dan Friedberg alleging he used ‘hush money’ to silence whistleblowers
The lawsuit claims Daniel Friedberg made a series of payments to whistleblowers to stop them from exposing the "true fraudulent nature" of the exchange. 152 Total views 1 Total shares FTX has filed a lawsuit against a former regulatory and compliance executive at the exchange, alleging he made a series of payments in attempts to…

Our Man in Shanghai: DogeMania, ‘Dog-Coin’ trademark dogfight, hashrate outage, government warms up to crypto
Global BTC hashrates still down over 15% following accident, Dogecoin the subject of trademark applications, and government official mentions BTC as an investment alternative 2367 Total views 28 Total shares The big news this week happened on April 16th, when a major power outage in Xinjiang wreaked havoc on the BTC hash rate. According to…

Canadian who tried to hide 450 Bitcoin from feds gets more prison time
Crypto app founder Firoz Patel will serve three and a half years in a US prison for hiding 450 Bitcoin after being sentenced for money laundering.

Fintech Startup SoFi to Roll Out Crypto Trading Via Partnership With Coinbase
Fintech startup SoFi — known for its online lending services — is partnering with major United States-based crypto exchange Coinbase to roll out crypto trading support, according to a CNBC report Feb. 26.Sofi, which is headquartered in San Francisco, will reportedly launch its crypto services by the second quarter of 2019. Sofi CEO Anthony Noto…