Today’s news brings a mix of technological marvels, legal battles, and even some high-speed racing action. From YouTube’s AI-generated video summaries to Terraform Labs’ courtroom drama, we’ve got you covered with all the latest updates from the world of blockchain and AI. So, fasten your seatbelts and get ready for a wild ride through today’s […]
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Coinbase Global Inc. has had an unpredictable year, to say the least. The crypto industry behemoth faces legal challenges, with Wall Street studying each case closely to discern what might lie ahead. Amid this maelstrom, Coinbase’s stock has displayed a tumultuous performance, largely in response to the outcomes of court cases that directly or indirectly
Coinbase in Flux: Divergent Legal Rulings and the Crypto Regulatory Outlook Read More »
Recent congressional testimony and documents point to a disturbing pattern of President Biden misusing the Department of Justice to punish political enemies and shield allies. This includes using federal law enforcement agencies like the FBI to investigate and harass opponents such as Donald Trump and his supporters. At the same time, Biden appears to be
Biden Weaponizes Justice Department, Undermines Democracy Read More »
Social media giant X, formerly known as Twitter, has threatened a lawsuit against the Center for Countering Digital Hate (CCDH), an independent research organization that published findings showing an increase in hate speech on the platform since its acquisition by billionaire Elon Musk last year. In a letter from X’s legal counsel, the company accused
Twitter Threatens Legal Action Against Research Group for Exposing Rise in Hate Speech Read More »
Uber Shares Drop Despite First Operating Profit, While Blockchain Ridesharing Offers a Decentralized Alternative Uber Reports Slowing Growth and First Operating Profit Uber recently reported its Q2 2022 earnings, which showed slowing revenue growth and a miss on analyst estimates. However, the company posted its first-ever quarterly operating profit of $364 million. The results led
National Spiderman Day is upon us, observed annually on August 1st. Spiderman, the unassuming alter-ego of Peter Parker, has weaved a permanent web in our hearts over the decades, evolving into an emblem of resilience, responsibility, and courage. His superpowers, coupled with his relatable human struggles, captivate fans worldwide, earning him not just admiration but
National Spiderman Day: Bitcoin Climbs the Skyscraper of Relevance Read More »
Our society’s structure is far from ideal. Disparities are rampant, creating chasms that seem insurmountable. These fissures become particularly evident in the financial sphere, where 40% of US adults have less than $1,000 in savings. A stark reminder of the widespread financial vulnerability lurking beneath the surface of our modern society. A disquieting fact that
Unmasking Systemic Flaws: Bitcoin’s Potential to Transform the Financial Landscape Read More »
Richard Heart, the founder of Hex, is currently in the crosshairs of the Securities and Exchange Commission (SEC). Accused of unlawful crypto security sales, Heart’s predicament brings to light the necessity of checks and balances in the crypto industry, where unregulated financial activities could potentially run amok. While Heart’s case underscores an industry in need
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The crypto industry was dealt a significant setback when U.S. District Judge Jed Rakoff, in a decision brimming with implications, rejected a plea from Terraform Labs to dismiss the securities fraud lawsuit lodged by the Securities and Exchange Commission (SEC). The denial allows the SEC’s lawsuit against Terraform Labs and its founder Do Kwon to
Bitter Blow to Terraform Labs: Judge Upholds SEC Lawsuit Read More »
Crypto.com, a significant player in the digital asset sphere, has recently achieved a major milestone. The company has received regulatory approval from the Netherlands’ central bank, De Nederlandsche Bank. This development marks a significant stride in Crypto.com’s ongoing global expansion. As the European footprint broadens, Crypto.com is positioned to capitalize on a market that’s becoming
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