Teen’s mom sues Character.ai, alleging sexed-up bots led to son’s death

Bitcoin's surge above $40,000 boosted the bulls' advantage in this month's $1.7 billion options expiry. 77 Total views 2 Total shares On Friday, July 30, a total of 42,850 Bitcoin (BTC) option contracts ($1.7 billion) are set to expire. This might be the first time since the May 21 weekly expiry that bulls will be…

The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth. 652 Total views 13 Total shares Richard Ma, the CEO and co-founder of the blockchain security startup Quantstamp, explained that decentralized finance has the potential to change our financial ecosystem but security remains a huge challenge.“We think…

The volume of Venezuelan bolivars traded against Bitcoin (BTC) on the LocalBitcoins platform another all-time high last week amid rampant hyperinflation in the country.According to Bitcoin statistics website Coin Dance, bolivar volumes on peer-to-peer exchange LocalBitcoins exceeded 209 billion during the week ending Dec. 14.The new all-time high comes after a sharp volume spike in…

The Chinese police busted a massive crypto scam in Wenzhou that managed to amass over $14.31 million. 636 Total views 25 Total shares The Chinese authorities dismantled a significant crypto-related scam in Wenzhou. The scheme amassed over 100 million yuan ($14.31 million), which was seized along with a number of luxury cars and villas.According to…

Once again, Gibraltar is taking the lead in crypto regulations. 589 Total views 13 Total shares The Gibraltar Financial Services Commission (GFSC) has updated its regulations governing the operation of distributed ledger technology (DLT) providers to include the latest Financial Action Task Force (FATF) rules. The GFSC said this is in response to blockchain’s fast-moving nature,…

His Majesty’s Treasury’s Digital Securities Sandbox will have “a new rule set that would allow it to do new things with digital securities.” 275 Total views 4 Total shares The United Kingdom will get its second crypto sandbox by Q1 2024. It will be explicitly focused on digital securities.During her speech at the CCData Digital

Morgan Creek Digital has raised over $61 million for a blockchain fund to explore opportunities using distributed ledgers.On Oct. 18, the cryptocurrency asset management firm Morgan Creek submitted a filing for its second blockchain fund to the United States Securities and Exchange Commission (SEC) and has so far raised nearly $61 million from 11 investors.The…

On Jan. 18, Bitcoin (BTC) price finally made a strong push through the resistance level at $9,000 and rallied to $9,194 before pulling back slightly. BTC price has reached its highest level since early November, hitting $9K for the first time in 2020. BTC USD daily chart. Source: TradingViewThe upside move brought the price above the…

The cryptocurrency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May. The average loss across the market stands at 5.62% on the last day before the monthly close. However, some outliers posted impressive gains thanks to popular investment narratives and the growth…