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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Coinbase expects direct listing on April 14
The San Francisco-based company could be the first crypto exchange to go public in the United States. 719 Total views 13 Total shares U.S.-based crypto exchange Coinbase says it anticipates going public with a direct stock listing in two weeks.According to a Coinbase blog today, the U.S. Securities and Exchange Commission, or SEC, has declared…
Avalanche ecosystem accelerator raises $18.5M in seed funding
AVAX is one of the year’s top crypto performers, with the likes of Three Arrows Capital and Polychain Capital supporting the PoS chain. 594 Total views 24 Total shares Avalanche ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the next generation of Avalanche blockchain projects, underscoring heightened demand for the proof-of-stake…
Ray Dalio Bashes Cash, Doesn’t Mention BTC Alternative
In a recent TED interview, Bridgewater Associates co-chairman and co-CIO, Ray Dalio, labeled cash as a risky place to park wealth, although he failed to mention Bitcoin (BTC) as an alternative. "Do not think that cash is a safe investment," Dalio told TED interviewer Corey Hijam in an April 9 interview. "Cash is a seductive investment because…
Nuvei eyeing $250M acquisition of crypto startup Simplex
Simplex is a fiat-to-crypto onramp that has scored several high-profile partnerships in recent months. 3241 Total views 19 Total shares Canadian payments giant Nuvei is reportedly in talks to acquire Simplex, an Israeli cryptocurrency startup, for up to $250 million – sending a strong signal that the electronic payments processing industry was pivoting towards digital…
Polkadot integration sparks rallies in REN, OCEAN and CELR price
Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of interoperability and joined the Polkadot ecosystem have seen a boost in their token…
Voyager’s 60% share price plunge leads sea of red for crypto stocks
A 60% plunge of Voyager Digital’s (VYGVF) share price since it disclosed its Three Arrows Capital (3AC) exposure has been accompanied by further falls in crypto industry stocks.According to data from trading view, VYGVF plunged as much as 60% during regular trading hours on June 22 before closing at $0.5998 to mark a drop of…
French fintech startup Lydia raises $100 million in series C funding round
The series C funding round was led by existing investors Tencent and Accel. 44 Total views 2 Total shares French crypto-friendly fintech startup Lydia has raised $100 million in a series C funding round, as per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1…