PleasrDAO files preliminary injunction against Martin Shkreli
In 2021, PleasrDAO acquired “Once Upon A Time in Shaolin,” a one-of-a-kind musical album by Wu-Tang Clan, for $4.75 million.
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Uniswap’s first community proposal seeks to reduce governance thresholds
Uniswap’s first community governance proposal is up for a vote. 1978 Total views 19 Total shares The Uniswap community is currently holding its first-ever vote, set to be completed by October 19. Up for consideration is the reduction of thresholds required to submit governance proposals and quorums.In recent weeks, there has been much discussion and…
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin. 1982 Total views 25 Total shares Prominent Indian entrepreneur and government advisor Nandan Nilekani has spoken in favor of cryptocurrencies as the government reportedly mulls a ban on private digital assets. Nilekani joined a Clubhouse session…
Visa exec says buy Bitcoin as dollar index nears $12.5K BTC trigger
Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows.On Aug. 28, the U.S. dollar currency index (DXY), fresh from losses caused by a speech from the Federal Reserve, returned to crucial low levels.Bitcoin’s $12,000 trigger reappears At press time on Friday, DXY measured 92.28 —…
Global financial regulators will discuss crypto at G7: Report
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. 556 Total views 38 Total shares Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies.According to a Tuesday…
Hong Kong regulator re-evaluates retail crypto ETFs laws
The Securities and Futures Commission of Hong Kong has received many requests to approve crypto ETFs for trading. 573 Total views 16 Total shares The Securities and Futures Commission, or SFC, in Hong Kong is reviewing regulations surrounding virtual currency transactions, including whether individuals can invest in exchange-traded funds, or ETFs.According to a report by South China…
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline. 147 Total views 12 Total shares Thailand’s oldest bank has scrapped plans it first announced in November 2021 to become the majority shareholder of crypto exchange Bitkub.In a Thursday announcement, Siam Commercial…
California senator slams OpenAI’s opposition to AI safety bill
As the debate over SB 1047 intensifies, Wiener remains steadfast in his support for the bill, which he believes is a necessary step toward responsible AI governance.
Community-governed DEX EmiSwap raises $104M in private funding
Despite the recent $21 billion loss in DeFi within the past two weeks, the DEX space is still drawing in high trading volumes and investors are pouring in their funds to assure its future. 2536 Total views 6 Total shares EmiSwap — a community-governed decentralized exchange (DEX) — has raised $104 million from a large…