US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded
Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case.
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Rain exchange attacker address starts laundering ETH through Tornado Cash
This breach and subsequent laundering activity highlight the ongoing risks faced by centralized exchanges, even those with robust security measures.
Commerzbank Makes Milestone Blockchain Trade With Logistics Provider
Commerzbank and Landesbank Baden-Württemberg (LBBW) have completed another milestone trade on the Marco Polo platform. As reported Aug. 15, on this occasion, logistics provider Logwin AG was integrated into the digital process chain, digitally and in real time.Same same but differentAs with an earlier transaction, the trade took place between German supplier, KSB, and Taiwanese…
What are CC0 NFTs, and why are they important?
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Paxos is engaged in ‘constructive discussions’ with SEC: Report
The stablecoin issuer is currently facing a lawsuit from the SEC in which the financial regulator claimed BUSD was an unregistered security. 339 Total views 4 Total shares Own this piece of history Collect this article as an NFTStablecoin issuer Paxos was reportedly discussing the Binance USD (BUSD) stablecoin with the United States Securities and…
China’s Central Bank Issues Warning Against Blockchain Investment ‘Bubble’
China’s central bank, the People’s Bank of China (PBoC), has warned of “bubbles” in blockchain-related financing and investment, Reuters reported Nov. 6.The PBoC, which is known for its anti-cryptocurrency stance, has reportedly advised that the government strengthen its supervision of “speculation, market manipulation and other irregularities,” which it claims are common in domestic blockchain investment…
Angel Drainer reportedly shuts down after devs potentially identified
Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the app no longer worked.
Kik Founder: We’ll Fight SEC ‘Until We Don’t Have a Dollar Left’
The CEO and founder of Canadian social media and messaging app Kik has vowed to fight U.S. regulators over the future of the native Kin (KIN) cryptocurrency “no matter how hard it is.”According to a Sept. 25 report from Global News, Kik CEO Ted Livingston told an audience the Elevate Conference in Toronto on Wednesday:“We…
Digital Dollars Take Center Stage in Hearing Before US Senate
In a hearing before the Senate Banking Committee today, June 30, central bank digital currencies (CBDCs) took center stage before an audience of Senators looking to upgrade financial infrastructure and expand financial inclusion in the country.The witnesses and the concernsThe banking committee welcomed Paxos CEO Charles Cascarilla, financial inclusion professor and researcher at Duke Nakita…