San Fran city attorney sues sites that ‘undress’ women with AI
Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.
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Shaquille O’Neal claims process servers ‘tossed’ FTX legal papers at his moving car
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange's collapse. 80 Total views 1 Total shares Lawyers for NBA star Shaquille O’Neal, who previously endorsed the now-bankrupt crypto exchange FTX, have claimed two process servers…
Is education the key to curbing the rise of scammy, high APY projects?
Most people who have dealt with cryptocurrencies in any capacity over the last couple of years are well aware that there are many projects out there offering eye-popping annual percentage yields (APY) these days. In fact, many decentralized finance (DeFi) protocols that have been built using the proof-of-stake (PoS) consensus protocol offer ridiculous returns to their…
US ethics advisory on federal employee’s crypto has basis in legislation
When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurrency or stablecoins whatsoever may not participate in regulation and policymaking that concerns crypto. The legal advisory (LA) raised some eyebrows, as de…
Crypto’s climate impact: Are carbon offsets good enough?
As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority.Earlier this year, electric…
Argentines turn to Bitcoin amid inflation worries: Report
In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption. 1397 Total views 26 Total shares Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso…
The new episode of crypto regulation: The Empire Strikes Back
The latest news has left the decentralized finance community in a collective fetal position. Responding to the threat of increased regulatory oversight, leading decentralized exchange Uniswap recently restricted the trading of certain tokens. Earlier in July, Dan M. Berkovitz, chairman of the Commodity Futures Trading Commission (CFTC), said that DeFi derivatives platforms might contravene the…
Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000
A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem.However, the correlation that should be watched the most is the dollar…
Crypto Exchange Bithumb Reportedly Hacked of Almost $19 Mln in EOS, XRP
This article has been updated to provide further details on the hack.Today, March 30, crypto exchange Bithumb posted on Twitter that their cryptocurrency withdrawals and deposits have temporarily been paused.In an explanation linked to the tweet, the exchange writes that at 10:15 (time zone unknown) on the 29th, they detected what they describe as abnormal…