Weak competition in AI race could hurt consumers: UK watchdog
The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust. There is a...
Month: September 2023
Binance v. SEC: Hearing in Washington DC over BAM motion to compel starts now
The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the...
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were...
Former Andreessen Horowitz execs launch Bastion after $25M funding round
The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to...
Ethereum Jumps 6% as Crypto Bulls Shake Off Rate Fears BCH, TON, XEC, Sep. 18
ETH Ethereum posted a gain of 6.4% as the crypto market bulls managed to send the broader market higher. The...
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs...
SEC sees temporary setback in request to access Binance.US software
A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to...
SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US
The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC,...
Blockchain Capital closes funds totaling $580M for investments in crypto gaming, DeFi
The funds include $380 million for early stage investments and a $200 million "opportunity fund." Venture capital group Blockchain Capital...
Bitcoin investors are bullish on the US Fed’s $100B loss
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst...
Rep. Tom Emmer: Digital assets will be a ‘sleeper issue’ for 2024 elections
Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run....
SEC accuses Binance of noncooperation, court unseals case documents: Law Decoded
The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume. The legal...
Citi Token Services will provide payments, liquidity to institutional customers
The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots. Citigroup has introduced Citi...
Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now
The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the...
Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app. Canadian fintech corporation WonderFi,...
