US Copyright Office reports ‘urgent need’ for protection from deepfakes
The Office is calling for the creation of a new law to deal with digital replicas.
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Source claims 3AC’s Deribit exposure is worth much less than reported
Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit. In a 1,100-page affidavit composed by liquidator Russell Crumpler and filed in a British Virgin Islands court, 3AC was described…

Binance CEO denies $28B wealth: ‘I don’t have anywhere near as much’
According to Bloomberg's rich list, Binance CEO Changpeng “CZ” Zhao is supposed to be ranked in the top three finance billionaires worldwide. 451 Total views 1 Total shares Own this piece of history Collect this article as an NFTChangpeng “CZ” Zhao, CEO of major cryptocurrency exchange Binance, claims to hold a way less net worth…

US Federal Reserve denies Custodia Bank’s request for Fed supervision
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System. 180 Total views 11 Total shares Own this piece of history Collect this article as an NFTThe United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership…

Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Bitcoin (BTC) traders may be gearing up for a sell-off as data shows tens of thousands of coins moving to exchanges.The latest figures from on-chain monitoring resource Coinglass confirm that global trading volume leader Binance’s BTC balance rose by over 50,000 BTC ($1.5 billion) in the past 30 days.Binance takes lion’s share of exchange BTC…

FTX’s Sam Bankman-Fried: Institutions are ‘desperate’ for crypto
Is SBF going to lobby the government on behalf of crypto? How badly do institutions want in on the blockchain game? When's a moat an impediment to growth, and not a protective shield? 410 Total views 4 Total shares As FTX and Alameda Research increasingly enter the public eye, one side effect is that the…

Badger DAO to acquire ‘Badger.com’ domain for $300,000
Badgers now have a new home: the DeFi protocol has purchased the "badger.com" domain for a tidy $300,000 The Badger DAO community is ‘sett’ to migrate to some new ‘diggs’: the decentralized finance project will shortly become the new owner of the “Badger.com” web domain. In a Badger Improvement Proposal listed on governance forums today, BIP-43,…

Nvidia's stock price forms 'death cross' — Will AI crypto tokens follow?
Chip-making giant Nvidia’s (NVDA) stock is flashing a major bearish signal — the last time this pattern appeared, it retraced nearly 50%. This may raise questions for the AI crypto sector, which has, at times, seemed to react to Nvidia’s price. “NVDA just formed a Death Cross for the first time since April 2022. The

Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.