Nvidia-backed AI startup releases avatars that express human emotion
Nvidia-backed AI startup Synthesia unveils “Expressive Avatars,” enabling AI to convey human emotions and movements for corporate presentations and training.
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Valora launches ‘Mobile Stack’ Web3 launchpad for iOS and Android
The peer-to-peer payments company aims to grow Web3 beyond its current crypto-native audience.

India mulls cross-border CBDC interoperability system
RBI Governor Shaktikanta Das advocates a plug-and-play system to enhance cross-border payment efficiency and CBDC interoperability.

Texas court issues judgment against Bancor DAO after it ignored summons
Bancor DAO has failed to answer or otherwise defend itself within the time allowed, said the Texan federal judge. A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor

Bulgarian exchange owner convicted over auction fraud scheme
The owner of a Bulgarian crypto exchange has been convicted of providing money laundering services to a Eastern European cyber fraud syndicate. Rossen Iossifov, a 53-year-old Bulgarian national and owner of the ‘RG Coins’ cryptocurrency exchange, has been convicted of operating a multi-million dollar money laundering ring as part of a transnational auction fraud scheme.Following…

Recent Class Action Lawsuit Could Cost Binance Billions of Dollars
Binance is one of several large cryptocurrency firms named in a series of recent class action lawsuits. If the lawsuits go south for this global company, it could end up costing them billions of dollars.Class action is looking for new membersRoche Cyrulnik Freedman has recently brought eleven class action lawsuits against some of the biggest…

$29K Bitcoin is closer than you might expect, according to derivatives data
Bitcoin (BTC) price continues to battle at the $24,000 resistance and the price was rejected there on Aug. 10, but the rejection was not enough to knock the price out of the 52-day-long ascending channel. The channel has a $22,500 support and this bullish formation suggests that the BTC price will eventually hit the $29,000…

Better Know a Crypto Candidate: Jerrod Sessler
As part of its coverage of the 2024 US Elections, Cointelegraph asked several congressional candidates for their positions on crypto.

Ethereum traders expect volatility ahead of Friday’s $820M options expiry
Ether (ETH) will face a critical $820 million monthly options expiry on Friday, Aug. 27. That will be the first time that $3,000 and higher options will have a real fighting chance, even though bulls seem to have missed a good opportunity to dominate the expiry because they were too optimistic about Ether’s price potential.It…