US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded

After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for its finance and accounting work. 775 Total views 27 Total shares Own this piece of history Collect this article as an NFTThe lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a…

Bluezelle's mainnet R2 file storage system aims to provide a decentralized alternative to IPFS. 51 Total views 4 Total shares Bluzelle, a decentralized storage network, has announced the release of its mainnet R2 file storage system designed to enhance the decentralization of nonfungible tokens (NFT) and their corresponding data.The solution was created amid the rise…

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The FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.” 427 Total views 2 Total shares Sam Bankman-Fried, the founder and former CEO of defunct cryptocurrency exchange FTX, filed a memorandum on Sep. 1 asking the court to deny the prosecutor’s in limine

Wells Fargo Strategic Capital, the venture arm of the fourth-largest bank in the U.S., is contributing $5 million to Elliptic’s Series B funding round. According to a Feb. 13 press release, the investment will help the company build products for large financial institutions.The latest investment brings Elliptic’s Series B raise to more than $28 million.…

The proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. 338 Total views 48 Total shares A bill to establish a crypto task force in Pennsylvania has been introduced in the state’s General Assembly.According to the details of HB1724 published by LegiScan, the proposed crypto task…

A former employee’s actions did not cause ‘damage or loss, in any amount’ to the exchange. A federal judge has ruled that an employee who revealed the location of a major crypto exchange did not violate its trade secrets. According to court records filed Sept. 22, U.S. District Judge Maxine M. Chesney has dismissed a…

Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least.Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal.The Libra coin proposalLibra is designed to be a global currency that aims…