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Google Amplifies Bet on AI with $2B Investment in Anthropic

October 28, 2023

From Silicon Valley, news emerges of Google's intensified investment in artificial intelligence as it pledges an additional $2 billion into AI startup Anthropic. This follows an initial investment by Google …

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Sam Bankman-Fried Hints at Sudden $8B Shortfall in His Therapeutic Trial

October 28, 2023

In his high-profile fraud trial, Sam Bankman-Fried, the previously distinguished cryptocurrency personality, who is currently mired in a criminal trial, unveiled new revelations. The trial, which has quickly become one …

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Learn Concept: The Legal Side of Crypto Exchanges and their Founders

October 28, 2023

In the advanced realm of cryptocurrency, legal troubles for exchanges and their founders have become increasingly conspicuous. Crypto moguls globally have faced serious allegations and potential legal consequences. This includes …

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SEC Versus Crypto Firms: Dissent, Fines, and Settlements

October 28, 2023

The U.S. Securities and Exchange Commission (SEC)'s approach towards the treatment of crypto firms has been recently highlighted in the cases against LBRY and Ripple Labs. Commissioner Hester Peirce expressed …

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Regulatory Surfaces Stir Crypto Exchanges: Coinbase Prepares for Legal Battle, Kraken Suspends Trading in Canada

October 28, 2023

More than 5,000 Coinbase users have joined in the potential amicus curiae for the legal battle against the U.S. Securities and Exchange Commission (SEC), states a recent disclosure. This comes …

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dYdX Introduces Layer 1 Blockchain Network with USDC As Distribution Mode for All Fees

October 27, 2023

In a major move, the dYdX Foundation has launched their Layer 1 blockchain network, marking a significant development in the expansion of the utility of the DYDX token. This step …

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Gemini Files Lawsuit Against Genesis Over $1.6B in GBTC Shares

October 27, 2023

The renowned cryptocurrency exchange, Gemini Trust Co, has recently lodged a lawsuit against the financially strapped digital asset lender, Genesis Global Capital as of October 27th. The intention behind the …

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FLOKI Coin Strikes Massive Gain, Fueled by TokenFi Launch

October 27, 2023

FLOKI, a memecoin inspired by the name of Elon Musk's pet, has witnessed an impressive price surge in the past week with a 140% increase, placing it ahead in the …

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Community Backlash Manifests Over Unapproved Lido DAO wstETH Bridge Rollout by LayerZero

October 27, 2023

LayerZero's recent rollout of a wstETH bridge on AVAX, BNB, and Scroll has been disapproved by the Lido DAO, the largest liquid staking provider accounting for over $15 billion in …

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Proactive Steps Against AI Risks: OpenAI Forms Preparedness Team

October 27, 2023

In a move to counter potential catastrophic dangers from AI, OpenAI is creating a team dubbed 'Preparedness' to address a wide range of AI-related safety risks. OpenAI, the creator of …

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